Announced by: SAU
The Age (Australia)
Current Exploration Highlights
Southern Gold Limited (ASX code "SAU") has completed its first exploration programme of the 2009 field season in Cambodia. A substantial program of drilling and trenching exploration work has been completed with a large number of assay results expected to be received in respect of this work during May.
Exploration on three of Southern Gold's seven tenements in Cambodia, is being fully funded by the Japanese Government-backed JOGMEC pursuant to a Joint Venture agreement whereby JOGMEC can fully fund exploration activity to a total of US$4.5 (~A$7) million over 3 years to earn a 51% interest in these tenements Phnum Khtong (Kratie North Project), and two adjoining blocks, Preak Khlong and O'Kthung (Kratie South Project), all to the northeast of Phnom Penh.
All three tenements are to the northeast of Phnom Penh (Figure 4).
- Multiple veins sets up to +900m long in trenching over gold soil anomaly,
- Big Toe Prospect (Kratie South JV)
- Gold mineralisation is consistent over 1.3km of trenching and open at both ends, Preak Khlong Prospect (Kratie South JV) ·Trenching and RC drilling completed over 3km x 1km gold/silver/lead soil anomaly, Oh Tron Prospect (Kratie North JV)
- 660 metre Phase 1 RC drilling on Kratie North JV with JOGMEC
- 15 trenches on Kratie North for 2,600m
- 28 trenched in Kratie South for 4,700m
Southern Gold Limited (ASX code "SAU") has completed its first exploration programme of the 2009 field season in Cambodia. A substantial program of drilling and trenching exploration work has been completed with a large number of assay results expected to be received in respect of this work during May.
Exploration on three of Southern Gold's seven tenements in Cambodia, is being fully funded by the Japanese Government-backed JOGMEC pursuant to a Joint Venture agreement whereby JOGMEC can fully fund exploration activity to a total of US$4.5 (~A$7) million over 3 years to earn a 51% interest in these tenements Phnum Khtong (Kratie North Project), and two adjoining blocks, Preak Khlong and O'Kthung (Kratie South Project), all to the northeast of Phnom Penh.
All three tenements are to the northeast of Phnom Penh (Figure 4).
2 comments:
uncontrol mining can toxify our environment like water and so on. make sure to make law for strict control of any mining like this. they use a lot of chemical to extract gold and silver from the earth. just don't let toxic solution run into the water supply in cambodia. have a water treatment center to preven any harmful effect into the environment. thank you.
Well that could take years to finish and in your other project if you need some arms, we can help you on that. You can just follow the link and check information on my site.
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