Some fairly hefty rock chip samples, but not time to get carried away, as they are initial rock chips only.
Virgin ground though, which I'm sure the group are excited to get into. Drilling hoping to start in about 2 - 3 months at Hampyeong.
Now that this tenure has been granted, perhaps the company will start to release more updates. I think there has been a deliberate ploy to keep things somewhat hush hush, so as not to attract SK to new entrants.
"Southern Gold Managing Director, Mr Simon Mitchell: "Hampyeong is shaping up to be a very interesting project. It isn’t often you get a chance to test epithermal quartz veins chipping high grade gold at surface that have never been historically drill tested. There is huge potential to discover multiple economic low to high sulphidation epithermal gold-silver projects in South Korea. From my point of view, Hampyeong is just the beginning of a major exploration effort in a uniquely prospective geological terraine."
SAU Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held