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Southern Gold Ltd

Southern Gold strikes ‘bonanza’ grades at Deokon gold-silver discovery in South Korea

Southern Gold Limited (ASX: SAU) managing director Simon Mitchell updates Proactive Investors on a gold-silver discovery in South Korea that has returned ‘bonanza’ grade results.

The outcrop and float assays are from the project’s April–June 2019 field program, with assays returning a peak of 32.4 g/t gold and 1,095 g/t silver in outcrop and 53.9 g/t gold and 6,240 g/t silver in float.

Mitchell says the results vindicate the company’s project generation work undertaken in South Korea to date.

Maiden diamond drilling will commence as soon as possible.

Quick facts: Southern Gold Ltd

Price: $0.17

Market: ASX
Market Cap: $13.77 m
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Strategic shift sees Southern Gold Ltd focus its attention on Korea...

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...

on 9/4/19

2 min read