SAU 4.35% 8.8¢ southern gold limited

Gubong Mine Geologist Report 2012, page-6

  1. 53 Posts.
    Hi,

    Apparantly if they applied correct channel sampling on the vein they don't require to carry out RC drilling to prove up the JORC of 1Mt - 4.5 Mt - that should save a lot of funds

    Exploration target: 1.0 to 4.5 Mt with grades in the range of 6.0 – 12.0 g/t Au - (or 500koz – 1,500koz Au).

    "This exploration target is not a mineral resource and is conceptual in nature. The estimate is based on the substantial body of information relating to the mineralisation documented for the targets referred to here which has been generated by government and semi-government agency’s"

    See pg 14: http://www.aspecthuntley.com.au/asxdata/20170222/pdf/01830892.pdf
 
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