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. [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
Fosterville South Exploration Ltd. intends to enter into an Arrangement Agreement with Leviathan Gold Ltd. contemplating a plan of arrangement involving Leviathan Gold, the Company and the securityholders of the Company whereby the shares of Leviathan Gold are distributed to the securityholders of the Company. Following the spin-out transaction [...]
Fosterville South Exploration Ltd. is pleased to announce that the Board of Directors of the Company has unanimously approved a spin out transaction whereby Fosterville South will distribute the shares of a new company named Leviathan Gold Ltd. to the shareholders of Fosterville South, following which Leviathan will undertake an equity financing to [...]