Southern Gold kicks-off drilling at Deokon gold project, assays pending for Daeam

Southern Gold ASX SAU Nettle Prospect Deokon gold silver drilling
Drilling will focus on the Nettle zone at a newly identified anomaly.

South Korea-focused Southern Gold (ASX: SAU) has kicked-off drilling at its Deokon project, while anticipating assays from soil sampling across its Daeam asset.

Drilling has started at the Nettle zone within Deokon and will target a newly identified structural intersection.

The intersection has coincident peak gold soil anomalies from soil sampling and detailed structural mapping.

Rock chips taken from the outcrop at the Nettle zone assayed up to 8.56 grams per tonne gold and 8,940g/t silver.

Drilling at Deokon will comprise at least two diamond holes for 250m. The company says a third hole is likely and that will target the intersection point of the Nettle north-northeast trend and the Gold Surprise trend.

Depending on results, Southern Gold may undertake additional holes along strike, which may include the targets Thistle and Thorn.

Deokon hosts historic gold-silver mines that were operated between 1958 and 1980.

Soil sampling programs

At Daeam, assays are pending from a large program that collected 419 soil samples over 2km of strike.

The company also collected 88 rock samples with 13 assaying above 0.5g/t gold.

Southern Gold has also received assays from 75 rock chips taken from Geum Mar, which generated a peak result of 0.56g/t gold. Soil sampling was also completed at the project, but Southern Gold noted it wasn’t as effective.

However, rock chips have identified a northerly trend that the company may follow up after they returned 24g/t gold, 4.98g/t gold and 3.88g/t gold.

Project generation reconnaissance

As well as drilling and soil sampling, Southern Gold has completed project generation reconnaissance sampling.

The company plans to continue this work in the Yeongdong Basin and to the northeast of its former Weolyu project.

Southern Gold is concentrating on the epithermal gold-silver potential within the region, which it says is significant.

The company’s goal is to uncover tier one deposits within an area that has seen little modern exploration.

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