High Grade Gold and Base Metals, Cambodia

(Pnhum Khatong, Preak Khlong, OíKhtung MOUís – 100%)
(Snoul, Romdul, Srae Pok MOUís – 80%)

Southern Gold has identified a number of high-grade gold and base metal targets from its recent preliminary geological mapping and geochemical sampling programs in Cambodia.

Southern Gold is using its advantage as one of the first movers in Cambodia to increase the number of exciting exploration opportunities it controls. The addition of the new Srae Pok JV (SAU 80%) over a predicted mineralised intrusive system in the Ratanak Kiri province increases the tenement area now held by Southern Gold Ltd in Cambodia as granted MOU and under EL application is 1413km¾. SAU has commenced negotiations with the Ministry of Industry Mines and Energy for the conversion of its MOUís to Exploration Licences.

Preliminary sampling on the Snuol MOU area returned gold values from 3.69 g/t up to 71.2 g/t and copper up to 0.94% from artisinal mine workings.

Preliminary soil sample results from the Romdul MOU indicate a strongly anomalous zone of gold mineralisation in calcareous host rocks around the margin of a fine-grained diorite intrusive with evidence of epithermal mineralisation.

On the Okvau (P. Khlong) MOU held 100% by SAU a new discovery of gossan and quartz vein sets produced gold values between 0.74g/t and 1.29 g/t with highly elevated levels of lead (0.94%) and silver (130g/t).