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Southern Gold Ltd.
Summary
| Project: | Beopseongpo | |
|---|---|---|
| Deposit: | Golden Palm | |
| Location: | South Korea | |
| Commodities: | Gold-Silver-Arsenic | |
| Date: | 4/29/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-4-2020: Southern Gold Ltd. announces an Exploration/Drilling Update report for its Golden Palm deposit at the Beopseongpo project. Drilling results incl. 0.76m @ 2.41g/t Au, 1.5g/t Ag, 39ppm As from 63.82m. Southern Gold continued a high level of activ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Paul Wittwer (Internal) | |
| ABSTRACT: | Southern Gold continued a high level of activities on the ground in South Korea in the March quarter. The focus was on the diamond drill programs at Beopseongpo, land access for drilling at various sites at Beopseongpo, as well as Weolyu and Shin Hill (Deokon; and reconnaissance rock sampling, utilising an experienced epithermal consultant. Several significant grade gold rock chip results were received from this work and has generated additional projects for the South Korean portfolio. Diamond drilling recommenced on the 10th February after a short winter break in January. A total of 758.42m were drilled at the Beopseongpo Project. This included one hole (BPDD010) for 146.7m at ‘Golden Palm’, which completed this initial three-hole program commenced in the December quarter (total 456.2m, holes BPDD008- 10). This was followed by a further three holes, with a fourth commenced, for 583.12m in Phase Two deeper step-back drilling at ‘Hand of Faith’ (holes BPDD011-14 following up the Phase 1 holes BPDD005-07 drilled in 2019). A second rig was then deployed late in the Quarter at ‘Spider’ and commenced the first hole there to 28.6m depth (BPDD015). Low sulphidation epithermal multi-phase veining was intersected at both ‘Golden Palm’ and ‘Hand of Faith’. | |
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