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Fosterville South Exploration Ltd. (TSXV: FSX, OTCQX: FSXLF) has announced the initiation of a second drill rig at the Homeward Bound prospect in the Beechworth Gold Project, Victoria, Australia. This multipurpose rig enhances their drilling capabilities alongside three others currently operational. Initial results from the drilling indicate promising gold intersections, notably 8.6m at 5.22 g/t gold. The company plans to conduct a total of 6620 meters of drilling across various projects. Assays are pending from multiple drilling campaigns, indicating potential for further significant discoveries.
Fosterville South Exploration reported promising results from its initial diamond drill hole, HBDH001, at the Beechworth Gold Project, revealing 8.6m at 5.22 g/t Gold, including 3.6m at 10.72 g/t Gold. The company is actively drilling at three projects: Reedy Creek, Enoch's Point, and Homeward Bound. Preliminary rock chip sampling yielded high-grade gold results, with a maximum of 38.7 g/t. Drilling is expected to expand as new permits allow additional scout drilling across prospective zones. Further results from ongoing drilling and assays are anticipated, enhancing the company's gold resource potential.
Fosterville South Exploration Ltd. (TSXV: FSX) recently announced promising results from its diamond drilling program at the Reedy Creek goldfield in Victoria, Australia. Initial hole RWD01 yielded significant intercepts of 0.7m at 238.1 g/t Gold and 0.80m at 22.5 g/t Gold. The assays also indicated the presence of visible disseminated gold within quartz veins. Drilling operations are ongoing, with assays expected from holes RWD02 and RWD03. Historical production from Reedy Creek reported 39,223 ounces of gold, showcasing the area's potential for high-grade gold mineralization.
Fosterville South Exploration Ltd. has initiated core drilling in the Reedy Creek goldfield, Victoria, Australia, following high-grade gold findings from drill hole RWR13. The hole yielded 11 meters of 31.34 grams per tonne gold, including 4 meters at 80.05 g/t. The company has also identified multiple additional targets for near-term drilling. This marks the first modern exploration of the goldfield, which has no previous drilling records. The project has garnered strong community support, and access agreements have been established for a streamlined drilling process.
Fosterville South Exploration has reported promising results from its initial drilling at the Reedy Creek goldfield within the Providence Project in Victoria, Australia. The Drill Hole RWR13 intersected a significant 11m at 31.34 g/t Gold, including 4m at 80.05 g/t Gold. This marks the first modern exploration of the area, which has a history of gold production but limited previous drilling. The ongoing drill program will include 25 holes, totaling approximately 2,250 metres, focusing on newly identified geochemical anomalies.
Fosterville South Exploration Ltd. (TSXV: FSX, OTC: FSXLF) has reported ongoing drilling at the Reedy Creek goldfield, part of the Providence Project in Victoria, Australia. The drill program commenced after securing seven access agreements and has commenced with an initial 25 drill holes targeting geochemical anomalies. Significant rock chip samples returned high-grade assays, including 145 g/t Au. CEO Bryan Slusarchuk noted the positive community support and strong logistics in place, positioning the company for successful exploration within its substantial land package.
Fosterville South Exploration Ltd. (TSXV: FSX) reported positive gold assay results from drill programs at Golden Mountain, Lauriston, and Beechworth Projects in Victoria, Australia. Key findings include:
- Golden Mountain: Significant mineralization near Cross Fault with intervals of 20m at 1.53 g/t Au and 2m at 7.05 g/t Au.
- Lauriston: Strong intercepts up to 13m at 1.02 g/t Au at Energetic and multiple good results at Comet.
- Beechworth: Initial drilling at Bon Accord showed 11m at 0.52 g/t Au.
These results suggest potential for further development in the region.
Fosterville South Exploration Ltd. (TSXV: FSX) (OTCQX: FSXLF) has announced its trading initiation on the OTCQX Best Market, enhancing accessibility for U.S. investors. This market is designed for established, investor-focused companies that meet specific financial and governance standards. The CEO stated that this upgrade provides U.S. investors with better tools for evaluating and trading the company's securities. Fosterville South focuses on high-grade gold projects in Victoria, Australia, having acquired significant tenements with historical gold production potential.
Fosterville South Exploration Ltd. has announced promising results from its recent sampling at the Beechworth project in Victoria, producing multiple high-grade gold assays including a peak of 54 g/t Au. The sampling involved 173 rock chip assays across 45 gold prospects and 2,515 soil samples covering 10.5 km², revealing various geochemical targets. A new drill program is set to commence, with 68 planned drill holes targeting high-priority areas, further focusing exploration efforts in this historically rich gold region.
Fosterville South Exploration Ltd. (TSXV: FSX, OTC: FSXLF) is mobilizing a drill rig for its Beechworth Gold Project in Victoria, Australia, aiming to explore beneath historically high-grade gold mines. Key highlights include permitted drilling at Taff and Bon Accord Prospects, and historic gold production of over 100,000 ounces from Fosterville South's goldfields. Previous drilling showed promising grades, with channel samples indicating high gold concentrations. The project covers 459 km², encompassing significant historical mining sites.
