SAU 4.35% 8.8¢ southern gold limited

I am not sure Aphae will be workable, anything below about 20M...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,955 Posts.
    lightbulb Created with Sketch. 20
    I am not sure Aphae will be workable, anything below about 20M is going to be under the ocean water table.
    If its faulty and altered I expect there would be serious issues with salt water ingress (as its virtually on the beach front). Maybe BlueBird have a better idea on the risks.
    The alluvial is interesting, they are thinking there are some other high grade patches (alluvial and hard rock source) very nearby. My guess would be upstream from the original rivers/streams (NW and NE to the mine??) but cant make out and potential paeleo geography from the maps . Can see the offshore channels pretty clearly though - anyone up for some dredging

    Anyway an easy 3600oz certainly wouldnt hurt.
    Need to see the actual tenement boundaries and check out that nearby mine they mentioned.
 
watchlist Created with Sketch. Add SAU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.