Gold, Copper and Nickel
Whilst Southern Gold’s has a substantial uranium exploration business, we recognise that many project areas have potential for other valuable commodities such as gold, copper, nickel and base metals (lead, zinc, silver).
In Western Australia the Bulong Project is currently being explored by Southern Gold for it’s nickel potential. The Bulong Project also has levels of gold at the surface and in quartz veins in both the Archaean granite and the greenstone belt.
In the northwest Gawler Craton of South Australia the Archaean Christie Domain is host to Dominion Mining’s low cost Challenger gold mine as well as the scores of gold prospects discovered during the 1990’s exploration boom.
Although much of Southern Gold’s exploration of the licence areas are for exploration of the palaeochannels for uranium, we have also been calcrete sampling in under explored areas and drill testing extensions to existing gold prospects at West Garford and Condor.
All of Southern Gold’s exploration licences in the Gawler Craton have the potential for gold, copper and base metal mineralisation.
In New South Wales the Lachlan Foldbelt contains some large copper and gold mines including Cadia, Cowal and North Parkes. Southern Gold will continue to acquire and explore ground close to producing mines.
Southern Gold Limited has 100% equity interest in four tenements in Cambodia covering 959 sq km. The tenements are considered highly prospective for gold and base metals and contain numerous sites of current and prior artisinal mining.
The Directors and staff of Southern Gold have abundant first hand experience in exploration for these commodities and are able to progress the exploration targets. A multi-commodity approach is also a crucial corporate strategy which manages the single commodity risk by diversifying the commodity portfolio.
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