High-grade gold at Golf Bore

High-grade plunging gold shoots have been intersected in Southern Gold’s first....

  High-grade plunging gold shoots have been intersected in Southern Gold’s first reverse circulation drilling program at the Golf Bore Prospect in South Australia, as part of the company’s Challenger Area Gold Joint Venture with Dominion Mining.The gold assay results now available for the 20-hole reverse circulation program, completed in September, have provided the Southern Gold-Dominion JV with assurance that further investment into this project is well founded. The high-grade gold intersections drilled by Southern Gold at Golf Bore are of similar grade and width to the exploration drill intersections at the nearby producing Challenger mine. Best intersections from the Southern Gold drill program include 12m @ 7.56 g/t from 81m (including 3m @19.4 g/t) 24 m down dip from Dominion’s hole 97GBRC280, which intersected 1m @ 52g/t from 71m, 9m @ 5.79 g/t from 54m, and 9m @ 2.69 g/t from 63m. Southern Gold said the drill data from this program will be assessed and modelled in 3D over the next few months to plan subsequent drilling programs from which the company, along with Dominion, will further evaluate and define the potential at Golf Bore. Southern Gold is now in the process of appointing a Mining Consultant to prepare a JORC-compliant Resource estimate at Golf Bore. The geological style of Archaean gold mineralisation revealed in the underground workings of Dominion’s Challenger mine to the southwest of Golf Bore, shows that high-grade gold shoots are only metres wide and that close spaced drilling is important. The company said this reverse circulation drilling program was designed to establish the direction and continuity for gold zones by drilling with stepouts from Dominion’s shallow prior drilling.