Great Pacific Gold Corp - FSXLF STOCK NEWS

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.

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.

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.

On February 1, 2021, Fosterville South Exploration Ltd. (FSX) announced that Leviathan Gold Ltd. received conditional approval from the TSX Venture Exchange to list common shares under the symbol LVX. With approximately $12.5 million cash on hand and drill permits in place, Leviathan is poised for immediate exploration at its Avoca and Timor projects. The listing is expected to commence on February 10, 2020, with specific share distribution terms including an escrow arrangement. Management expresses optimism about building shareholder value through exploration.

Fosterville South Exploration Ltd. (FSX, OTC: FSXLF) announced on October 14, 2020, that it received government approval for 15 additional drill pads at its Golden Mountain gold project in Victoria, Australia. This approval will enable extensive drilling for mineralization in key areas, including extensions of previously reported high-grade gold intercepts. The company has approximately CAD $28.3 million in cash and no debt, positioning it well for future projects. The COO highlighted recent successful drilling that intersected high-grade mineralization, enhancing growth prospects.

Fosterville South Exploration Ltd. (FSXLF) announced an interim order for the spinout of its Avoca and Timor properties into Leviathan Gold Corp. Shareholders will receive shares of Leviathan for every FSX share held. The annual general and special meeting to approve this resolution is rescheduled to November 13, 2020, at 9:30 a.m. in Vancouver. The arrangement, pending court approval, is expected to take effect five business days after the meeting. CEO Bryan Slusarchuk highlighted the company’s robust cash position of CAD $28.3 million and ongoing exploration efforts with promising drilling results.

Fosterville South Exploration Ltd. (OTC: FSXLF) announced high-grade gold assay results from drill hole GMDH 36 at its Golden Mountain Project in Victoria, Australia. The results reveal multiple intercepts of high-grade gold, including 28 metres at 10.2 g/t Au and 13 metres at 17.5 g/t Au. Visible gold was noted in the drill core, and mineralization remains open at depth. Drilling is ongoing as the company seeks permits to expand its drilling program. The geological interpretation confirms a complex mineralization structure, enhancing the project’s potential.

Fosterville South Exploration Ltd. (FSXLF) announced significant findings from its exploration efforts at the Golden Mountain Project in Victoria, Australia. The initial drilling phase revealed multiple high-grade gold intersections, notably 8.3 meters at 6.91 g/t Au in drill hole GMDH 36, and 47 meters at 2.67 g/t Au in GMDH 35. The company has also submitted an application for a 5,120-meter drill permit at the Lauriston Project. With a current cash balance of CAD $24 million, Fosterville South is well-funded for further exploration and drilling.

Fosterville South Exploration (FSXLF) reported significant gold mineralization from ongoing core drilling at its Golden Mountain Project in Victoria, Australia. Key results include drill hole GMDH0030, which intersected 27.6 meters at 6.7 g/t Au, and GMDH0031 with 29.0 meters at 2.2 g/t Au. The company appointed Liza Gazis to its Board of Directors, bringing over 30 years of mining industry experience. The drilling program continues to show promising results, indicating a potential for increased size and volume of gold mineralization.