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Fosterville South Acquires Beechworth Gold Project
Fosterville South Acquires Beechworth Gold Project Canada NewsWire VANCOUVER, BC...
About this update from Great Pacific Gold Corp.
[{"type":"text","content":"\n\n\n\nFosterville South Acquires Beechworth Gold Project\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nVANCOUVER, BC, Aug. 5, 2020\n\n\n\nVANCOUVER, BC, Aug. 5, 2020 /CNW/ - Fosterville South Exploration Ltd. (\"Fosterville South\" or the \"Company\") (TSXV: FSX) (OTC Markets: FSXLF) (Germany: 4TU) is pleased to announce that it has expanded its portfolio of high quality gold projects with the acquisition of the 36km2 square kilometre Beechworth Gold Project in Victoria, Australia held within EL4697 & RLA006013 by Northern Mine Ventures P/L.\n\n \n \n \n \n \n \n\n \nHighlights:\nNumerous drill ready gold prospects with orogenic style mineralization throughout the Beechworth Gold Project Contains significant goldfields of Hillsborough, Hurdle Flat and Happy Valley with over 100,000 ounces of historical gold production, including 43,477o ounces of hard-rock production at 15.7 g/t Au within the tenement. Past exploration drilling includes W03: 8m @ 8.88 g/t Au from 18m and W06: 10m @ 9.58 g/t Au from 34m of downhole intervals. Channel sampling of outcrops include 10 m at 23.7 g/t, 5 m at 25.9 g/t gold and 10 m at 7.16 g/t gold.Rex Motton, COO of Fosterville South states, \"The Beechworth Gold Project is a drill ready granted licence that contains numerous near surface exploration targets.  With historic production focused on numerous high-grade gold shoots, we anticipate that drilling will confirm similar mineralization at depth at many of the prospects.  The acquisition of a drill ready high-grade gold project provides significant exploration opportunity for the company.\"\nFosterville South now has a total of 3,708 square kilometres of granted exploration tenements and applications which have been assembled over a multi-year period (https://fostervillesouth.com/projects/).\nThe Beechworth Gold Project\nThe Beechworth Gold Project provides a drill ready high-grade gold project northeast of the Company's Tallangalook Project, in north-eastern Victoria.  The Beechworth Project consists of one granted Explora...