Announcement

Gold mineralisation intersected in scout drilling at Hampyeong - South Korea

12 July 2018

Gold mineralisation intersected over 750m in scout drilling at Hampyeong, South Korea

Diamond drilling intersects gold mineralised quartz veining - breccia over a strike length of 750m at the Hampyeong Gold Project.

Highlights

  • Shallow gold mineralisation successfully intersected in maiden drill program. Gold mineralisation intersected in all 3 drillholes.
  • Best intersections: 0.95m @ 5.33 g/t Au and 0.7m @ 2.47 g/t Au.
  • Mineralisation remains open along strike and down-dip.

  • Hampyeong Gold Project (South Korea)

    A maiden diamond drilling program has been completed at Southern Gold’s 100% owned Hampyeong gold project in South Korea. Drilling is located on the Naju 136 graticule (tenure block) that was recently granted to Southern Gold (ASX Release 5th February 2018). This area hosts the A’Cha, Nabi and Saseun epithermal quartz vein zones (Figure 1). No prior drilling or systematic exploration has occurred on the area prior to Southern Gold’s exploration efforts. Gold targets were outlined by rock chip sampling and geological mapping completed in mid-2017 with this round of drilling targeting the A’Cha and Nabi quartz veins hosted within Cretaceous volcanic rocks and a granitoid.

    To read the full announcement please download the pdf below:

    Gold mineralisation intersected in scout drilling at Hampyeong