Southern Gold continues high work rate with drilling at South Korean projects

Southern Gold continues high work rate with drilling at South Korean projects

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Southern Gold Ltd (ASX:SAU) is maintaining a high work rate at its South Korean gold projects with diamond drilling recently completed at the Beopseongpo project and new programs underway at the Deokon and Aphae projects.

Two diamond rigs are operating and the company expects to maintain a high work rate throughout the year.

Shares have climbed from 9 cents at close on March 13 to be trading at 16.5 cents today.*Assays expected*

Assays are expected from the Hand of Faith drill hole within the wider Beopseongpo Gold Project early next month.

A total of 1,989.21 metres of HQ3 triple tube has been drilled at the project since the diamond drilling recommenced on February 10.

The drilling program, which completed on May 12, included one hole for 146.7 metres at Golden Palm followed by a further four holes at Hand of Faith.

A second rig was then deployed at Spider with the two drill rigs completing a combined four holes for 972.19 metres.

Results from Hand of Faith are expected in early to mid-June with results for all four holes at Spider expected in early July.

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