The company is exploring targets in South Korea with significant discovery potential of high-grade gold-silver epithermal systems.
() substantial holder PS Super Nominee Pty Ltd has increased its interest in the company from 10.09% to 12.01% after purchasing 2,134,000 shares.
South Korean gold and silver exploration
The company recently received high-grade gold assays from surface rock chip and float sampling as part of a detailed mapping exercise at the Neungju project in South Korea.
The new assays returned a peak of 31.8 g/t gold and 6.6 g/t silver in sub-crop and 13.4 g/t gold and 13.1 g/t silver in float.
Extract from Southern Gold’s recent presentation
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