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Fosterville South Receives Granted Exploration Licenses for Enochs Point and Reedy Creek

Fosterville South Receives Granted Exploration Licenses for Enochs Point and Reedy Creek ...

articleGreat Pacific Gold Corp.October 20, 20205/company/great-pacific-gold-corp/news/fosterville-south-receives-granted-exploration-licenses-for-enochs-point-and-reedy-creek
Fosterville South Receives Granted Exploration Licenses for Enochs Point and Reedy Creek

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[{"type":"text","content":"\n \n \n \n Fosterville South Receives Granted Exploration Licenses for Enochs Point and Reedy Creek\n \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 Canada NewsWire\n \n \n VANCOUVER, BC, Oct. 20, 2020\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Oct. 20, 2020\n \n /CNW/ -\n \n Fosterville South Exploration Ltd.\n \n (\"Fosterville South\" or the \"Company\") (TSX Venture: FSX) (OTC Markets: FSXLF) (\n \n Germany\n \n : 4TU) is pleased to announce that the exploration license applications for Enoch's Point and Reedy Creek are now granted.\n \n \n \n \n \n \n \n \n \n Enoch's Point forms part of the former high-grade gold producing Walhalla Gold Belt, and Reedy Creek forms part of the Providence Gold Project.\n \n \n Neither project has been the subject of any large scale modern and systematic exploration, despite significant high-grade gold production reported in the late 1800s up to the early 1900s. Both projects are within the Melbourne Zone and have the key two types of mineralization: gold (Au) and antimony (Sb) mineralized epizonal orogenic gold deposits as well as similarly mineralized intrusive related breccia pipes.\n \n \n \n Highlights:\n \n \n \n \n Reedy Creek:\n \n \n \n \n numerous former gold mines with high grade gold production including Langridge's Mine (20,620 oz at 56 g/t) and Doyle's Mine (13,341 oz at 51 g/t)*.\n \n \n contains a 16.5 km northwest striking gold mineralised corridor containing over 50 gold prospects within the corridor apart from several satellite prospects located throughout the licence.\n \n \n only two drillholes from the 1890s carried out in the entire Reedy Creek goldfield but no assays were carried out.\n \n \n Fosterville South has recently completed a Lidar survey on the property to locate all the former mine workings.\n \n \n \n \n \n Enochs Point\n \n :\n \n \n \n \n contained within prolific Walhalla – Woods Point Belt.\n \n \n Incomplete historical gold production reported on the license of 21,769 oz at 13.75 g/t Au, including the Luck's All mine that produced 17,301 oz at 20.32 g/t Au, not drilled**...

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