SAU 4.35% 8.8¢ southern gold limited

Holy Sheet.........has anyone read this announcement or did you...

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. 360 Posts.
    lightbulb Created with Sketch. 1
    Holy Sheet.........has anyone read this announcement or did you all just skip over to the AMEC presso?
    Here is a little snippet in case anyone missed this;

    "Diamond drilling at Weolyu South is currently in process.  The first drill hole was completed to 240m depth and this is currently being logged and sampled. Zones of quartz veining and breccia have been intersected but assays remain pending.  A second drill hole has also started and is likely to take another week until completion based on current slow penetration rates.  Results from this programme are expected next month.
    Slow going drilling through solid quartz veins

    And one for you @Dingoheeler since I know you were fond of "the gap";

    Multiple quartz vein and vein-breccia outcrops have been mapped and sampled in the field and enabled the identification of repeat veining across a structural corridor 2.5km long and about 0.5km wide. The results add further evidence that the area referred to as Kochang Gap is a prime drilling target
    These results are obviously not lost on Simon;
    " At both Weolyu and Kochang the mineralised systems are substantial, now growing to kilometre scale, and grades returned are also excellent. We can’t wait to get drilling in these new areas.”
    He cant wait............man.........I'm bursting out of my skin.
    If Glandore proves up a 50-100k oz deposit and/ or Cannon UG is viable to continue funding our activities in the near term, then it is only a matter of time before something world class is discovered in South Korea. This announcement leaves  little doubt in my mind which option I will take in the recently announced dividend. In fact if I get solid proof of a near term revenue stream I'm going all in here.
    Good luck to all of us
 
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.