SAU 4.35% 8.8¢ southern gold limited

Ann: Quarterly Activites Report and 5B to 30 June 2017, page-16

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  1. 383 Posts.
    Here's one for you @HotTrade. I know that you wanted a little more action on the drilling front. Perhaps not as much as you would like, but at least it's something;

    Drilling Productivity and Sample Processing

    To improve drilling rates and productivity, Southern Gold is also advanced in pursuing various alternatives to the currently drilling arrangements, and it is hoped these will be put in place over the next few months. Discussions are advanced with several very experienced drill contracting companies with a track record of operating in various jurisdictions of Asia.

    In addition Southern Gold has entered into an agreement with SGS Korea to establish a sample processing facility in country. This is currently being constructed and should be up and running during the next quarter. Discussions with SGS Korea are also taking place through Bluebird Merchant Ventures on the ultimate establishment of a purpose build analytical facility. This will negate the need to send samples offshore for processing and analysis as is currently the case.

    http://www.sgsgroup.kr/en/Mining.aspx
 
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