AgnicoEagle’s Fosterville gold mine has achieved a major...

AgnicoEagle’s Fosterville gold mine has achieved a major milestone 4 years in themaking with the Victorian Allan Labor government giving the green light for a10 year expansion announced on 23 May 2025. Fosterville is one of the highestgrade gold mines globally. Agnico Eagle’s workforce will increase from 800 to1,000 and inject $1.3 Billion into the local economy.

MarkBennett’s S2 Resources won a tender 4 years ago against all odds for thecoveted block that completely surrounds Fosterville and its competitionincluded Agnico Eagle. Its ESG credentials were credited with its success.

S2’sblock 4 surrounding Fosterville gold mine is a valuable asset.