Southern Gold (ASX:SAU) – Webinar Presentation
Robert Smillie - Managing Director - Southern Gold (ASX:SAU) has an exploration portfolio in South Korea focussed on gold, silver, copper, lithium and rare earth elements.
Read More
Southern Gold is a company with one unified vision: to become an internationally recognised high-grade gold-silver project generator in South Korea. We want to be known for our highly professional technical team which has a reputation for making valuable discoveries in a manner that shows respect for our operating environment and the local people.
Southern Gold are driving this vision with a business model of monetising small gold deposits as we search for the big ones. We are conservative with the issuance of our scrip and look to put as many dollars as possible into drilling holes to make the next big discovery.
When Southern Gold look at opportunities in the exploration space what does Southern Gold look for?
Pre 20th century, South Korea was well recognised as an historic gold producer. This profile has eased in the past several decades and so represents a “time capsule” gold industry that is poorly developed but was once substantial. Having said that, South Korea is a modern, industrialised economy, a representative democracy and has substantial infrastructure advantages. But the reason Southern Gold is in Korea is the geology: we are wedged between China and Japan in geological time, with subduction zone ‘ring of fire’ geology. In other words, it hosts some of the best plumbing systems in the world when looking for the emplacement of precious metal deposits. Our technical team believes South Korea is ripe for modern-style gold exploration and discovery.
Robert Smillie - Managing Director - Southern Gold (ASX:SAU) has an exploration portfolio in South Korea focussed on gold, silver, copper, lithium and rare earth elements.
Read More