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Southern Gold Ltd.

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Summary

Project:

Beopseongpo

Deposit:Lotus North, Hand of Faith
Location:South Korea
Commodities:Gold
Date:12/10/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:10-12-2019: Southern Gold Ltd. announces an Exploration/Drilling Update report for its Lotus North, Hand of Faith deposit at the Beopseongpo project. Drilling results incl. 0.96m @ 5.70g/t Au from 36.45m. Southern Gold is pleased to announce the results f
Resources:x
CP/QP:[Overall Report]: Paul Wittwer (Internal)
ABSTRACT:Southern Gold is pleased to announce the results from the first pass scout program at Beopseongpo at the ‘Lotus North’ and ‘Hand of Faith’ Prospects. With all assay results from the maiden drilling program being received, significant intersections above 1g/t Au were from the ‘Hand of Faith’ target. Southern Gold Managing Director, Mr. Simon Mitchell: “We are pleased to have successfully executed the maiden drill program at Beopseongpo and confirm the large vein widths at Hand of Faith. The results and vein textures are typical of high level low-sulfidation systems and we intend to target these at depth where high grade mineralisation is much more likely in a second phase program next year. Beopseongpo has all the right technical characteristics of a large-scale epithermal system and will require several drill programs to fully test the multiple targets in the extensively veined area.”

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