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GREAT PACIFIC GOLD CORP - FSXLF STOCK NEWS

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GREAT PACIFIC GOLD CORP (FSXLF) is a progressive precious metals exploration company with a focus on gold exploration in North America. The company is committed to sustainable and responsible mining practices to ensure long-term success and environmental preservation. With a dedicated team and a portfolio of promising projects, GREAT PACIFIC GOLD CORP continues to strive for excellence in the mining industry.

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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.

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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.

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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.

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Fosterville South Exploration Ltd. (FSXLF) reported results from a soil sampling program across the Enoch's Point and Reedy Creek goldfields, identifying five As-Sb epizonal anomalies that indicate potential gold mineralization. The company is expanding its Walhalla Gold Belt Project by applying for two new tenements, totaling 218 km², providing a continuous strike of approximately 72 km. With over $25 million in cash, Fosterville South is well-positioned for ongoing exploration, including high-priority drilling targets in Enoch's Point and Reedy Creek.

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Fosterville South Exploration Ltd. (FSXLF) has resumed diamond drilling at its Golden Mountain project in Victoria, Australia, after a temporary halt due to summer fires. The new drilling campaign aims to explore deeper levels, building on successful 2020 results, which included impressive gold assays. The company is also drilling at Lauriston and Moormbool projects while conducting fieldwork at other sites. Additionally, Fosterville South announces the resignation of James Hutton from the Board due to personal reasons and the grant of stock options for the purchase of common shares at $1.57 each.

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Fosterville South Exploration Ltd. (TSXV: FSX, OTC: FSXLF) announced the upcoming drilling at the Keath's Reward target within the Lauriston Project, set to begin in the coming weeks. Land access agreements are secured, and drill targets are confirmed based on historical data. The Lauriston Project spans 600 sq km and is adjacent to Kirkland Lake Gold's Fosterville Mine. Historical mining records indicate high-grade gold potential, with significant previous production. The company is also progressing with drilling at other projects and awaits assay results from existing drill holes.

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Fosterville South Exploration Ltd. (TSXV: FSX, OTC: FSXLF) announced the commencement of drilling at its Moormbool Project, focusing on a high-priority magnetic and geochemical target within the Staffordshire Flat Fault Zone. The project area is largely unexplored due to alluvial cover, but initial soil geochemistry indicates potential gold mineralization. Additionally, drilling is ongoing at the Lauriston Project, with assay results pending, and drilling is expected to start at the Golden Mountain Project soon. Exploration efforts are also underway at Reedy Creek, targeting gold mineralization.

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Fosterville South Exploration Ltd. (TSXV: FSX, OTC: FSXLF) announced new gold assay results from the Enoch's Point project within the Walhalla Gold Belt. Notable samples include CR12969 at 179 g/t gold and CR13069 at 155 g/t gold. The project spans 290 km² and shows high potential for further exploration. Recently acquired 3D LIDAR data reveals a 1.7 km strike length at Londonderry. Ongoing drilling and assays indicate promising mineralization, with $30 million in cash available for continued exploration efforts.

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Fosterville South Exploration Ltd. reported promising gold assay results from its drilling program at the Energetic Reefs prospect in Victoria, Australia. Highlights include a strike length of 350m with notable assays such as 1m at 9.50 g/t Au and other significant intersections. The company plans to commence drilling at Moormbool Project within 15 days and resume at Golden Mountain Project shortly after. With close to $30 million in cash on hand, Fosterville South aims for continuous exploration and a steady news flow on developments.

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Leviathan Gold Ltd. announces successful completion of a $12.9 million subscription receipt financing, netting $12.1 million. The funds will facilitate immediate exploration, with trading on the TSX Venture Exchange (symbol: LVX) commencing on February 10, 2021. The company has acquired the Avoca and Timor projects from Fosterville South, which boast significant historical gold production potential. The Avoca project alone recorded 750,000 ounces of gold from alluvial deposits. CEO Luke Norman expresses optimism about the mineral systems in the region.

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FAQ

What is the current stock price of GREAT PACIFIC GOLD (FSXLF)?

The current stock price of GREAT PACIFIC GOLD (FSXLF) is $0.3539 as of December 23, 2024.

What is the market cap of GREAT PACIFIC GOLD (FSXLF)?

The market cap of GREAT PACIFIC GOLD (FSXLF) is approximately 34.3M.

What is GREAT PACIFIC GOLD CORP's primary focus?

GREAT PACIFIC GOLD CORP primarily focuses on gold exploration in North America.

What sets GREAT PACIFIC GOLD CORP apart from other mining companies?

GREAT PACIFIC GOLD CORP distinguishes itself through its dedication to sustainable and responsible mining practices.

Does GREAT PACIFIC GOLD CORP have a dedicated team?

Yes, GREAT PACIFIC GOLD CORP has a dedicated team committed to achieving excellence in the mining industry.

What is the vision of GREAT PACIFIC GOLD CORP?

The vision of GREAT PACIFIC GOLD CORP is to become a leader in gold exploration while ensuring long-term success and environmental preservation.

Where does GREAT PACIFIC GOLD CORP operate?

GREAT PACIFIC GOLD CORP operates primarily in North America.

GREAT PACIFIC GOLD CORP

OTC:FSXLF

FSXLF Rankings

FSXLF Stock Data

34.35M
63.00M
5.91%
4.63%
Gold
Basic Materials
Link
United States of America
Vancouver