Southern Gold Limited (SAU:ASX)
11.5¢ 0.005 (4.55%)
Southern Gold Limited is engaged in the exploration for gold, copper, nickel, and other economic mineral deposits. The Company’s projects in Korea include Weolyu Gold & Silver Project, Taechang Gold Project, Korean Project generation, Gubong Gold Project, Hampyeong Gold & Silver Project, Heungdeok Gold Project and Kochang Gold Project. The Weolyu Project is an underground mine that exploited epithermal style gold-silver mineralization on several structures. The Taechang Project is an underground mine that exploited multiple stacked shallow-dipping gold-bearing orogenic quartz veins that can be traced over one kilometer (km) along strike. Hampyeong project covers the western sector of approximately 120 square kilometers Cretaceous volcano-sedimentary basin. The Heungdeok Project is located in the Yeongdong District, which hosts a number of gold mines in South Korea.