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Fosterville South Acquires Walhalla Belt Project to Expand Portfolio of Gold Projects
Friday 22 May 2020

Canada-based Fosterville South Exploration Ltd. (FSX: TSX Venture: FSX) (OTC: FSXL) (4TU: Germany) consolidated and acquired the Australian Walhalla Belt Project to expand its gold projects portfolio, the company said.

Walhalla Belt Project has been consolidated by Fosterville South into a major 547 sq km land package.

The land package, acquired through tenement applications, was acquired at a total of cost of approximately AUD 15,000 (USD 9,810) and the state of Victoria requires approximately AUD 220,000 (USD 143,800) of expenditures to be incurred on the Walhalla Belt Property over the next two years.

Fosterville South Exploration Ltd. has two large, 100% owned, high-grade epizonal gold projects called the Lauriston and Golden Mountain Projects and one large group of tenement applications called the Providence Project in the state of Victoria, Australia.
Date Published: 22/05/2020