Articles On Southern Gold (ASX:SAU)

ASX-listed gold and silver play Southern Gold has closed a funding round to finance drilling activities at its South Korean resources projects. 

The company’s maiden drilling program at the Aphae Project in South Korea returned highly encouraging gold and silver results of up to 107.5 g/t gold and 166 g/t silver.

Junior explorer Southern Gold (ASX: SAU) has formed a strategic partnership with privately-owned Ausino Drilling Services to support exploration drilling at its South Korean gold and silver projects. The companies today confirmed they have...

The strategic partnership has a term of four years, although it is anticipated that the performance rights may vest in a shorter time frame.

IN today's Mining Briefs: Updates from Venture, Berkley, Great Southern, Southern Gold, Ecograf, and Dreadnought. Mining Briefs: Venture, Berkley ...

The sudden drop in spot gold prices and reintroduction of COVID-19 restrictions in New Zealand have hit the relevant ASX small caps this morning. After 100 days of being virus-free, four COVID-19 cases were detected in the country. New Zeal...

Southern Gold (ASX:SAU) has hit grades up to 107.5 grams per tonne (g/t) gold in maiden drilling at the greenfields (unexplored) Aphae project in South Korea. “There is a lot going on geologically at Aphae and triple figure gold grades in d...

The maiden diamond drill program tested down-dip and along strike extensions to the historically mined small-scale open pit and underground operation.

Special Report: Southern Gold is looking to monetise its interests in the non-core Gubong and Kochang joint venture projects in South Korea. As an initial step, the company has offered its 50 per cent stakes in the two projects to its joint...

At a JV board meeting, Bluebird Merchant Ventures submitted a program and budget for FY21 and a Proposal to Redevelop, which SAU elected not to support.

Mineralised intervals at Aphae project are being logged and sampled and results are expected back from in around 6-8 weeks.

Backed by a first-class technical team, the company’s aim is to find world-class epithermal gold-silver deposits in a jurisdiction that has seen very little modern exploration.

A quick wrap of the key winners and losers on Wednesday, May 27. Data is taken after the market closes at 4pm EST. Stocks highlighted in yellow made market-moving announcements during the day. Code Company Price % Change Volum...

The company has completed drilling at the Beopseongpo project and has new programs underway at the Deokon and Aphae projects.

The experienced geologist was due to take on a non-executive director role on completion of Metal Tiger PLC’s recent investment in Southern Gold.

Participating in small cap raises is proving lucrative for investors, with shares in 47 small caps that tapped equity markets in April currently trading higher than the price at which they raised cash. Stockhead counted at least 66 offers i...

Prominent global copper and gold investor Metal Tiger PLC has become a substantial shareholder with 22 million shares for a 17.14% stake.

The company has substantial funding following the $4 million capital raising undertaken during the quarter to complete drilling on multiple targets in South Korea.

It’s still a relatively difficult market to raise capital in, particularly at the junior end, but there are some that have convinced investors to part with their hard earned cash. We run through just which small and micro caps successfully...

Earlier this week, Southern Gold confirmed two new South Korean gold discovery areas, Geum-Mar and Daeam Valley.

Work included field traversing and extensive rock sampling, which has succeeded in finding multiple untested vein systems in addition to very small-scale historical mine workings.

Mineral sands developer Strandline Resources has completed a $6.5 million raising via a placement and rights issue. The offer was underwritten with ...

As much of the world continues to grapple with the coronavirus, the world’s #2 economy China is ostensibly recovering. South Korea’s battle is far from over, but in recent days the number of new cases has plunged to lows not seen since the...

Global markets continued their fall into oblivion. Meanwhile ASX-listed goldies fared slightly better than the average, following a horror week which was truly abysmal for everyone involved. If you’re an Australia-based producer you now hav...

The company has withdrawn the initial $10 million placement in favour of a $4 million placement considering the recent impacts of the Coronavirus on market and business conditions.

Southern Gold owns a portfolio of high-grade gold projects in South Korea prospective for epithermal gold-silver deposits.

While South Korea has reported a significant number of COVID19 cases, Southern Gold’s area of operations are currently not materially impacted.

The company has a portfolio of high-grade gold projects in South Korea and aims to find and develop world-class epithermal gold-silver deposits in a jurisdiction that has seen very little modern exploration.

The company’s aim is to find world-class gold-silver deposits at its South Korean portfolio where there has been very little modern exploration.

METAL Tiger is to cornerstone a A$10 million fundraising by Southern Gold, with well-known geologists Terry Grammer and Doug Kirwan to join the ...

ASX-listed miner and explorer Southern Gold has been on the hunt for fresh equity to fund the development of its projects in South Korea. 

The historic Deokon gold-silver mines are in the central-southwestern part of South Korea, in Jeolla-buk Province.

The company has a portfolio of high-grade gold projects in South Korea and aims to find world-class epithermal gold-silver deposits in a jurisdiction that has seen very little modern exploration.

Drilling was following up samples taken from the Bonanza Zone grading up to 32.4 g/t gold and 1,095 g/t silver.

If there’s one commodity that has started the decade well, it’s oil. Brent oil has gained 5.2 per cent this week and crude oil has gained 4.2 per cent. In contrast, some of the top performing commodities of 2019 have been slower. Copper has...

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Mine development in South Korea is formally approved through a process run by the provincial government.

The company recently drilled epithermal gold in its maiden program at its Beopseongpo Project in South Korea.

The company is planning a second drilling program to test deeper into the system where much higher grades are expected.

Stockhead’s Top 10 at 10 highlights the best (and worst) performing ASX small caps in morning trade. It’s a short, sharp update to help frame the trading day by showing the biggest movers in percentage terms. The market opens at 10am (easte...

Over the next few months, Southern Gold’s share price is likely to be driven by exploration outcomes and further developments at joint venture projects.

IN today's Mining Briefs: De Grey on target at Mallina; Southern Gold approvals milestone; Meteoric finds gold; Nelson secures new Fraser Range ...

The company’s JV partner, London-listed Bluebird Ventures, will present the approval document to the local county government prior to initiating any site works.

Drilling will target beneath the outcrop which returned a peak of 32.4 g/t gold and 1,095 g/t silver in outcrop and 78.6 g/t gold and 13,000 g/t silver in float in July 2019.

The company is acquiring a large position in one of the most prospective regions for epithermal gold mineralisation in South Korea.

The company is exploring targets in South Korea with significant discovery potential of high-grade gold-silver epithermal systems.