Hampyeong Vein System Discovery

05 February 2018

Tenure granted and new gold mineralised epithermal vein systems discovered at Hampyeong, South Korea

  • Gold and silver assays returned for newly discovered kilometre-scale epithermal quartz veins, including the Nabi and Saseun Vein Zones.

  • Peak rock chip assay values of 13.4g/t Au at the Nabi Vein Zone, 11.5g/t Au at the East Main Vein Zone and 6.8g/t Au at the Saseun Vein Zone.

  • Presence of significant gold has led to the grant of the tenement.

  • “Walk-up” drill targets to be tested in the next 2-3 months in a target area that has never been drilled.

Tenure granted over mineralised system at Hampyeong

Australian gold producer, Southern Gold Limited (ASX: SAU) is pleased to announce the Company has been granted formal tenure over its recent discovery of significant kilometre-scale surface gold and silver at its wholly-owned Hampyeong project in the southwest of South Korea.

New assays have returned intercepts of 13.4g/t Au at Nabi, 11.5g/t Au and 8.4g/t Au at East Main and up to 6.8g/t Au at the Saseun Vein Zones (Table 1, Figure 1).

Table 1: Significant rock sample assays over 4g/t Au from the newly granted

To read the full announcement please download the pdf below:

Hampyeong Vein System Discovery and Tenure Grant