Southern Gold has received new assay results from a drilling program at the Preak Khlong NW prospect which confirm gold mineralization.
The drilling is part of aggressive exploration programs progressing at the company’s Cambodian tenements.
The best result from Preak Khlong NW was 3 metres @ 5.54 grams/tonne gold, including 1 metre @ 16.12 grams/tonne.
The initial result from the first drill hole at the Anchor prospect is 1 metre @ 9.09 grams/tonne gold and 307 grams/tonne silver. Assay results for the remaining 16 holes demonstrate alteration, vein and sulphides.
Diamond core and RC drilling has been carried out on the Kratie North and Kratie South joint ventures with JOGMEC as well as Southern Gold’s 100%-owned Snoul tenement.
To date 4050 metres of diamond core and 3400 metres of reverse circulation drilling has been completed while trenching of 4900 metres has also been completed.
A continuous flow of drilling, soil sampling and trenching assay results is expected in the next few months with the best results to be followed-up immediately with trenching and/or drill testing.
At the Preak Khlong NW prospect which is part of the Kratie South JV seven RC and one diamond core drill holes have been completed. A 100 metre wide alteration zone hosts a consistent gold mineralized corridor with a thickness of 10 metres to 30 metres.
Soil sampling programs have been completed on the Preak Khlong and O’Khtung tenements within Kratie South with 479 and 912 samples collected on each tenement respectively and these samples have been dispatched for analysis.
Soil sampling programs have also been completed on Southern Gold’s 100%-owned Snoul and Phnum Khnach tenements.
These programs were completed to identify new gold and base metal anomalies which will be prioritized for trenching and/or drill testing.
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