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Thursday, 30 April
2009
HIGHLIGHTS
CAMBODIA (Gold &
Base Metals)
? Kratie South JV (SAU 100%, JOGMEC earning 51%)
o Multiple veins sets up to +900m
long in trenching over gold soil anomaly, Big Toe Prospect
o Gold mineralisation is
consistent over 1.3km of trenching and open at both ends, Preak Khlong Prospect
? Kratie North JV (SAU 100%, JOGMEC earning 51%)
o Trenching and RC drilling
completed over 3km x 1km gold/silver/lead soil anomaly, Oh Tron Prospect
? Anchor Prospect
(SAU 100%)
o Alteration, veins and sulphides
in 500m RC drilling,
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Assays
expected in May from 1,200
metre RC drilling program and significant trenching
program
AUSTRALIA
? Challenger Area Gold JV Project, S.A (DOM 70%, SAU 30% - earning
51%)
o
RC and Diamond drilling at Golf Bore is planned to re-commence June
2009. Following up previous results that include 29m at 3.28g/t gold
from 23m (including 7m at 10.0g/t from 31m)
o Southern Gold to earn 51%
interest in the gold JV with Dominion Mining Ltd (ASX:DOM) by spending
additional $400,000 by October 2009
? Bulong Gold and Nickel Sulphide Project, W.A. (SAU 100%)
o
Follow-up drilling planned to commence in Q3 2009
? Torrens Geothermal Project, S.A (SAU 100%)
o
New seismic line acquired by Geoscience Australia
(GA) on GEL 301, GEL 302 and two GELAs
Southern Gold utilising valuable seismic to
build geothermal model to 3-5km depth
Further details on our web site:
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Southern Gold Limited
Telephone: 61 8 8368 8888
47 Tynte Street
Facsimile: 61 8 8368 8899
North Adelaide SA 5006
Email: info@southerngold.com.au
This report and further information are
available on Southern Gold Limited?s website at:
www.southerngold.com.au
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