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Southern Gold Ltd.
Summary
| Project: | Beopseongpo | |
|---|---|---|
| Deposit: | Hand of Faith | |
| Location: | Korea South | |
| Commodities: | Copper-Lead-Zinc-Molybdenum-Gold-Silver | |
| Date: | 6/17/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 17-6-2020: Southern Gold Ltd. announces an Exploration/Drilling Update report for its Hand of Faith deposit at the Beopseongpo project. Drilling results incl. 0.24m @ 1.71g/t Au, 16.4g/t Ag, 78ppm Cu, 23ppm Mo, 325ppm Pb, 290ppm Zn from 139.97m. Southern | |
| Resources: | x | |
| CP/QP: | [Overall Report] Paul Wittwer (Internal) | |
| ABSTRACT: | Southern Gold Limited (ASX: SAU) (“Southern Gold'' or “the “Company'') is pleased to report that drill operations continue at the Aphae and Deokon projects in South Korea. Importantly, mineralised breccia (Photos 1-3 below and photo 4 on page 3) has been intersected in all 3 planned holes at Aphae, including a wider than anticipated intercept in the third hole and prompting a fourth drill hole to test the down-dip depth extent of the breccia. Assays from the Aphae programme are pending. This update provides some details on the developments at Aphae, the drill results at Hand of Faith at Beopseongpo and an update on progress at Deokon where Southern Gold is drilling the Shin Adit target. A total of 506.4m across three holes have been drilled, with a fourth now commenced. All drill holes were collared in reclaimed farmland (originally tidal mudflats). The initial hole APDD001 intersected the targeted sulphide-quartz breccia mineralisation at the expected depth below the historical open pit and underground mine. This was extended to the south with APDD002, but more importantly was also extended to the north in APDD003, where the width of the breccia zone and sulphide content increased (Figure 1). | |
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