The president and CEO of Fosterville South Exploration (TSX-V:FSX), Bryan Slusarchuk, likes to tout his neighbors in Victoria, Australia.

Fosterville Gold Mine, owned by Kirkland Lake Gold, is one of the world's highest grade and lowest cost gold mines, and it is right beside Fosterville South Exploration.

"At Fosterville South we've acquired and assembled over a multi-year process what we believe is the premier exploration ground in Victoria," said Slusarchuk, who spoke to Kitco last month.