- Fosterville South Exploration's projects cover an area of more than 3,000 square kilometers, in the Australian state of Victoria.
- The properties contain numerous high-grade gold occurrences and historical high-grade gold mining operations.
- At Walhalla,1.5 million toz gold at a gold grade of 33.59 g/t were produced, but only little modern-day exploration took place on the property.
- At Golden Mountain, drill interceptions of 17.1 g/t gold over 10.6 meters, 22.7 g/t gold over 4.6 meters, or 11.9 g/t gold over 8 meters were made recently.
- Fosterville holds cash of $23.36 million, which is enough to keep on drilling the large land package.
For further details see:
High-Potential Mineral Explorers Flying Deep Under The Radar: Fosterville South Exploration