Initial phase of drilling beneath historic mine workings at Vales Reef returns high grade gold mineralization. Twenty-two instances of visible gold recorded; preliminary drilling highlights include 1.06 meters at 25.5 g/t Au in hole 21VAR008, 0.95 meters at 18.2 g/t Au in hole 21VAR008, and 0.75 meters at 18.5 g/t Au in hole 21VAR004. Preliminary interpretation of LIDAR data leads to identification of at least 23 [...]
Surveying will be conducted at a line-spacing of 50 meters and will cover the Avoca and Timor Projects in their entirety. Works to commence over Timor host to the historic Leviathan Group of Mines for which historic production of 56,474 ounces of gold at an average recovered grade of 9.14 g/t Au is recorded. Survey data will be used to refine and extend existing targets, and to develop new exploration targets beyond [...]
5.40 g/t Au over 11.02 meters from 84.37 meters, returned from hole EH005 drilled at the Excelsior Reef. Gold mineralization in EH005 shows apparent continuity with high grade gold mineralization returned from hole EH003, drilled approximately 30 meters to its west. An east-northeast mineralized feature is projected; results from drilling of a further eight holes on this feature are awaited. Leviathan Gold Ltd. is pleased [...]
8.24 g/t Au over 6.63 meters from 161.95 meters, returned from hole EH003 drilled at the Excelsior Reef. Drilling in EH003 confirms the presence of high-grade gold mineralization across multiple sample intervals, demonstrating the strength and downward continuation of mineralization reported in historic mining records North-easterly plunging structure - potentially representing the strike continuation of mineralization [...]
Second diamond rig to be deployed at Avoca during the first week of March. Additional rig accelerates current work program at Avoca, further targets near-surface strike and depth projections of known mineralization. Leviathan Gold Ltd. is pleased to announce that further to its press release of February 18, 2021 in respect to the initiation of drilling at the Avoca and Timor projects in the Victorian goldfields [...]
An initial 5,000 meter diamond drilling program has commenced, targeting near-surface projections of reported historic high-grade mineralization at the Excelsior Reef. Historic records from Excelsior indicate the mining of 13,200 tons for 9,260 ounces of gold to a depth of 100 meters at an average grade of 22 g/t Au between 1909 and 1915. Leviathan Gold Ltd. is pleased to announce that further to its press release of [...]
Numerous instances of shallow, historic, high grade workings occurring in conjunction with major regional structures to be followed to depth by drilling. Leviathan Gold Ltd. is pleased, further to its press release of January 3, 2021 in respect to its completion of the acquisition of the Avoca and Timor projects in the Victorian goldfields, to provide further detail on the geological prospectivity of these landholdings [...]
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 receives the proceeds from the upsized $12.9 million subscription receipt financing drill permits in place to allow for immediate exploration trading expected to commence February 10, 2021 with symbol LVX Leviathan Gold Ltd. is 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 [...]
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. 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 [...]
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