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Southern Gold Limited

Strategic shift sees Southern Gold Ltd focus its attention on Korea opportunities

Southern Gold Limited's (ASX:SAU) managing director Simon Mitchell caught up with Proactive's Andrew Scott while in London to update on the current sale of their Australian assets as well as the work programme for the projects in South Korea.

Mitchell says they've now begun 2019 fieldwork and have deployed a geological consultant to advance several prospects in preparation for drilling within the wider Deokon Gold Project.

Follow-up on a new mineralised area at Deokon has returned up to 78.6 g/t gold and 13,000 g/t silver in a float sample, extending the potential to the east.

Quick facts: Southern Gold Limited

Price: $0.22

Market: ASX
Market Cap: $18.35 m
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Southern Gold hopeful of going underground at Cannon in 2019

Southern Gold Ltd (ASX:SAU) managing director Simon Mitchell spoke to Proactive London at Mines and Money 2018. Mitchell told Andrew Scott that he hopes to begin underground mining at the Cannon gold mine in Western Australia at some point in 2019. “We’ve got a good chance to go...

on 28/11/18

2 min read