Leviathan Gold granted new Exploration License over the former Queen's Birthday Mine in Victoria, Australia

VANCOUVER, BC, Aug. 31, 2023 /CNW/ - Leviathan Gold Ltd. ("Leviathan", the "Company") (TSXV:LVX.VN) (Germany: 0GP) is pleased to announce that its wholly-owned subsidiary, Leviathan Gold (Australia) Pty Ltd., has been granted a new Exploration License - EL7937 - over the former Queen's Birthday Mine in Victoria, Australia ("Queen's Birthday", the "Property"). The License - awarded by the Department of Energy, Environment and Climate Action pursuant to a competitive application process - covers an area of approximately 19 square kilometres that includes extensive historic mine workings from which approximately 118,000 ounces of gold at a grade of 19.1 g/t Au were reportedly produced¹. Archival records further suggest that production was from a southward-plunging ore shoot, and that this remains open along strike, to depth and with potential for structural repeats. This occurrence has never been explored by modern means and as such presents a significant, high-grade exploration opportunity.