Fosterville South Exploration Ltd. or is pleased to report new gold assay results from rock chips samples collected as part of the ongoing exploration program at Enoch's Point, being conducted in preparation for drilling. Highlight sample assays include CR12969 which graded 179 g/t gold, CR13069 which graded 155 g/t gold and CR13017 which graded 16.8 g/t gold. Rex Motton states "These high-grade samples are epizonal style [...]
Fosterville South Exploration Ltd. or is pleased to report new gold assay results from the ongoing drill program at its Energetic Reefs prospect located within the Lauriston Project in Victoria, Australia and final assays from 2020 drilling at Golden Mountain. Highlights: Shallow drilling at Energetic Reefs intersects gold mineralisation over an initial 350m strike length results include 1m at 9.50 g/t Au from 44m, 1m at [...]
Fosterville South Exploration Ltd., and Leviathan Gold Ltd. are pleased to announce that further to the press release issued on December 9, 2020 in respect of the upsized subscription receipt financing of $12.9 million, the escrow release conditions under the Offering have been satisfied. The total net proceeds to Leviathan under the Offering, after deducting the commission and expenses of the agents, was $12.1 million [...]
Leviathan is well funded with approximately $12.5 million cash on hand drill permits in place to allow for immediate exploration trading expected to commence February 10, 2020 with symbol LVX Fosterville South Exploration Ltd. and Leviathan Gold Ltd. are pleased to announce that Leviathan has received conditional approval from the TSX Venture Exchange to list its common shares on the TSXV under the symbol "LVX" Final [...]
Fosterville South Exploration Ltd. or is pleased to announce it has commenced drilling at its Lauriston Gold project, located in Victoria, Australia. Highlights: Lauriston is immediately south of and contiguous with Kirkland Lake Gold's Fosterville Mine tenements 600 sq km project with excellent structural setting and significant historic high-grade gold production reported despite lack of modern exploration and drilling [...]
Fosterville South Exploration Ltd. or is pleased to report new gold assay results from the ongoing drill program at its Golden Mountain Project in Victoria, Australia. Multiple holes being reported today intersected long intervals of strong gold mineralisation, including GMDH 45 which returned 55.1 metres at 3.06 g/t Au, including 15.9 metres at 6.93 g/t Au in the deepest hole drilled to date in the N-S zone . The N-S [...]
Fosterville South Exploration Ltd. and Leviathan Gold Ltd. are pleased to announce that Leviathan Gold Finance has completed its best efforts private placement offering, and concurrent non-brokered offering, of subscription receipts . The brokered offering led by Clarus Securities Inc. as lead agent, on behalf of a syndicate of agents including Eventus Capital Corp. and Canaccord Genuity Corp., together with the [...]
Fosterville South Exploration Ltd. is pleased to announce today that, due to strong demand, Leviathan Gold Finance Ltd. has agreed with Clarus Securities Inc. to further increase the size of its previously announced C$9,990,000 private placement offering. Pursuant to the upsized deal terms, Clarus has agreed to sell up to 25,980,000 subscription receipts of the Company at a price of $0.50 per Subscription Receipt to raise [...]
Fosterville South Exploration Ltd. announces that the Company's cash position has grown to approximately CAD $30.35 million, largely due to recent warrant exercises. With $30.35 million in cash on hand, the Company is in an excellent position to accelerate drilling and other exploration activities on multiple projects. Currently, Fosterville South is drilling at the Golden Mountain project, where results to date have been [...]
Fosterville South Exploration Ltd. is pleased to announce today that, due to strong demand, Leviathan Gold Finance Ltd. has agreed with Clarus Securities Inc. to increase the size of its previously announced C$7,500,000 private placement offering. Pursuant to the upsized deal terms, Clarus has agreed to sell up to 19,980,000 subscription receipts of the Company at a price of $0.50 per Subscription Receipt to raise gross [...]
Fosterville South Exploration Ltd. announces that it has received the final approval of the Court in respect of the plan of arrangement pursuant to which the Company will spinout its Avoca and Timor properties to Leviathan Gold Ltd.. Subject to the procedures of the TSXV, the effective date of the Arrangement is scheduled to occur at 9:00 a.m. on November 23, 2020. On the Effective Date of the Arrangement, each existing [...]
Shareholders Overwhelmingly Approve the Plan of Arrangement involving the Spinout of the Avoca and Timor Properties Effective Date of the Arrangement, subject to Final Court Approval, November 23, 2020 Proposal is that for every common share held of Fosterville South Exploration, shareholders in all jurisdictions will receive a common share of Leviathan Gold Corp. All other matters at the annual and general meeting of the [...]