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Fosterville South Acquires Three Additional Gold Projects in Victoria, Australia

VANCOUVER, April 20, 2020 /PRNewswire/ - Fosterville South Exploration Ltd.A ("Fosterville South" or the "Company", FSX:TSX Venture) is pleased to announce it has entered into a purchase agreement with Mercator Gold Australia Pty Limited ("Mercator"), a subsidiary of AIM listed ECR Minerals plc ("ECR"), whereby it will acquire a 100% interest in three high-grade gold projects called the Timor Project, the Avoca Project and the Moormbool Project (the "Gold Projects").
Fosterville South Acquires Three Additional Gold Projects in Victoria, Australia
Highlights of Transaction

Significant historical mining of 1,390,000 ounces of gold from both the Avoca and Timor projects, which includes 208,000 ounces of hard-rock mining at 13 g/t, at the Timor Project.



Three gold focused tenements that increases land package by 271 km2



Potential Fosterville style gold mineralisation on two of the properties.



Considerable exploration upside with numerous drill ready prospects based upon earlier work.

Gold Projects
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