SAU 4.35% 8.8¢ southern gold limited

Ann: Bluebird RNS Released - Kochang and Gubong Updates, page-14

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  1. 157 Posts.
    lightbulb Created with Sketch. 5
    Yep, Southern Gold's reporting style and focus is certainly a bit off the mark.
    Once again from that other bluebird (tweeter):

    1.
    Investors: A date for your diary. @SouthernGoldMD presenting at Resource Stocks Sydney on May 16.

    2.
    Laboratory Results Received From The Water Treatment Plant
    April 26, 2018
    Merchant Ventures (EPIC: BMV), the Asian focused resource development group is pleased to announce the results from water treatment plant at Gubong.
    Highlights:
    • Laboratory results show no heavy metals present in the treated water
    • Gubong is progressing to the highest possible environmental standards
    • Strong community and government support for the reopening of the Gubong and Kochang mines
    As previously announced on 16 April 2018, the Company commissioned a small water treatment plant at Gubong on 9 April 2018 to ensure the water being released from the mine meets acceptable environmental standards. As work inside the mine progresses water entering the mine and any water used in reopening the mine will be routed through this plant.
    Bluebird has now received results of the discharge from a certified South Korean laboratory.  No heavy metals were present in the treated water which demonstrates that the treatment plant is effective.
    The local community at village, county and provincial level have been pleased that the Gubong project is being implemented to the highest environmental standards which both Bluebird and Southern Gold are committed to.
    The Company expects to update the market within the next couple of weeks with the results of the initial metallurgical test work and results of the sampling program carried out at Kochang last month.  All samples were sent to SGS for assay.
 
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