SAU 4.35% 8.8¢ southern gold limited

RIU Explorers Conference, page-3

  1. 732 Posts.
    lightbulb Created with Sketch. 66
    Hopefully he is over in SK driving that drill that we have gained access to. 
    Took another look at the BMV forum, seems that they are very much believes and feel that the next major event to drive there SP will be the issuing of mining permits due by months end.

    This is what I like 

    Highlights:

    ·      Bluebird has reviewed KORES' sampling programme results

    ·     KORES Total Indicated and Inferred Resource of 113,280 oz Au versus the Company's Resource potential of 116,880 oz Au

    ·      KORES derived gold grade of 6.55 g/t versus Bluebird's reported gold grade of 5.94 g/t

    ·      KORES derived silver grade of 35.97 g/t versus Bluebird's reported silver grade of 31.54 g/t

    ·      The sampling programme covered a small area of the Kochang mine


     Presumably this would mean that the resource is much larger than the above and because KORES has confirmed BMV's estimate, the resource would become far more likely to attract investment. 

    SAU is not dead, indeed things are just  started. Best luck to all. 
 
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.