Coffee with Samso: Chasing Hishikari - A high-grade epithermal gold story

Coffee with Samso: Chasing Hishikari - A high-grade epithermal gold story

Proactive Investors

Published

Southern Gold Limited (ASX:SAU) stands out with its OTB (Out of The Box) factor. When you have something that others don't, you are steps ahead in the chase. My go-to companies that have an OTB factor are Gold Road Resources Ltd (ASX:GOR) with their dominance over the Yamana Greenstone Belt; Hot Chili Ltd (ASX:HCH) with their copper-gold play in the coastal plains of Chile; Andromeda Metals Ltd (ASX:ADN) with their dominance over halloysite in South Australia and Blackstone Minerals Ltd (ASX:BSX) with their walk-up nickel mine in Vietnam. They are just a few to name but they all have something unique. Seeking Hishikari relative Having a swag of projects in South Korea and chasing a Tier-1 gold system to find a potential Hishikari gold system is no easy process. As Simon Mitchell said, to attain the portfolio of projects that they have now is not a walk-in-the-park. Simon shares his knowledge about historical mining in Korea and its recent exploration. Epithermal systems actually do exist and the high grades are even complementing the discovered systems. The sniff by recent explorers is telling Simon that this chase is worthy and the rewards are going to be in a magnitude that is not common in Korea and potentially in the world. We are expecting a lot of happy investors if Southern Gold discovers either the brother or the grandson of a Hishikari epithermal system. The prize is to find a gold system that allows us to not worry about the gold price. This is indeed something that is not ordinary and the process of finding the 'Holy Grail' is going to take time and funding. Fortunately, Southern Gold has time and funding. Podcast: About Simon Mitchell Simon Mitchell, managing director, BSc (Hons) Geol, MAusIMM, GAICD,MSEG, is a geologist and finance executive with 30 years of resources industry experience in technical and corporate roles including 10 years of gold exploration and mine development experience with Normandy NFM, RGC, Goldfields and Aurora Gold in countries as diverse as Australia, Bolivia, Chile, Peru, Papua New Guinea and Indonesia. Mitchell worked for six years at the Commonwealth Bank of Australia, predominantly in project finance, and more than six years with Toro Energy as general manager of Business Development where he was responsible for mergers and acquisitions, capital raisings and the engagement of investors worldwide. Previously he was managing director of Asiatic Gold Ltd, an unlisted public company with gold exploration projects in South Korea, assets that were recently acquired by Southern Gold. About Southern Gold Limited Southern Gold Limited (SAU) is a company with one unified vision: to become an internationally recognised high-grade gold-silver project generator in South Korea. SAU wants to be known for its highly professional technical team which has a reputation for making valuable discoveries in a manner that shows respect for their operating environment and the local people. SAU is driving this vision with a business model of monetising small gold deposits as they search for the big ones. SAU is conservative with the issuance of its scrip and looks to put as many dollars as possible into drilling holes to make the next big discovery. Please let us know your thoughts and send us any comment to info@samso.com.au. Remember to Subscribe to our YouTube Channel, Samso Media and our mail list to stay informed and make comments where appropriate. Other than that, you can also give us a Review on Google. For further information about Coffee with Samso and Rooster Talks visit: www.samso.com.au Samso is primarily a consulting company that delivers digital information to the market in terms of creating organic content. Samso simplifies your story to customers or investors. Samso creates organic content for you to engage your audience and BRAND yourself to them. Samso provides bespoke research and presentation for clients to engage their customers or investors. Organic content allows audiences to feel a real sense of sincerity when you share your business strategy, allowing your business to stand out among the sea of social media traffic. Working with Proactive Group allows exposing our Insights to over 1.2 million monthly unique views internationally. Samso has nearly 30 years of experience in developing business ideas and concepts in the Australasian region. Samso has worked primarily in the mineral resources industry, capital markets and corporate finance. Noel Ong is the founder of SAMSO.   Disclaimer Samso and affiliated companies accept no responsibility for any claim, loss or damage as a result of information provided or its accuracy. The information provided is general in nature, not financial product advice, see a financial expert before making any investment decision. Your personal objectives, financial situation or needs have not been taken into consideration. There may be a conflict of interest present with commercial arrangements with companies and/or stock held. Samso or an associate may receive a commission for funds raised.

Full Article