The Name Change better reflects the Company's portfolio of gold projects in
Shareholders of the Company will not be required to exchange their existing share certificates for new certificates bearing the Company's new name. The name change does not affect the Company's share structure or the rights of the Company's shareholders, and no further action is required by existing shareholders of the Company. The Name Change remains subject to the acceptance by the
The Company anticipates its new stock symbol will be 'GPAC' and its website, once the name change is complete, will be located at www.greatpacificgoldcorp.com.
About Fosterville South
Fosterville South began with two, 100% owned, high-grade gold projects called the Lauriston and Golden Mountain Projects, and has since acquired a large area of granted and application tenements containing further epizonal (low-temperature) high-grade gold mineralisation called the
All of FSX's properties, with the possible exception of Moormbool, have had historical gold production from hard rock sources despite limited modern exploration and drilling.
Recently, Fosterville South entered into an agreement with
The land package included in the acquisition comprises multiple Exploration Licenses (EL) and Exploration License Applications (ELA).It includes both early-stage and advanced-stage exploration targets with high-grade epithermal vein and porphyry-style mineralisation present.
The Wild Dog project contains two ELAs, EL2516 and EL2761, located on the island of New Britain and about 50km southwest of Rabaul and Kokopo, PNG.
WDR has done significant work on various projects in the past two years, generating multiple high priority drill targets.
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Fosterville South cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to Fosterville South's limited operating history, its exploration and development activities on the Lauriston,
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