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Fosterville South Exploration Ltd. [TSXV: FSX, OTC: FSXLF, Germany: 4TU] reported it has received multiple high-grade gold assays, from recent sampling at the Beechworth Gold project in Victoria, Australia. Rock chip assays for 173 samples from 45 gold prospects have yielded gold grades that included 54 g/t Au.
Grid based soil sampling of 2515 samples has covered 10.5km2 of the total 22.7km2 of EL4697. All samples have been analysed by portable XRF for arsenic, antimony, and other base metals. Of these samples 1227 samples have been analysed for gold with a 1ppb detection limit. Gold assays from this soil sampling range up to 521 ppb Au (0.52 g/t Au) with most of the gold assays arriving this week.