New high-grade gold and silver bearing veins have been discovered by Australian gold miner, Southern Gold Ltd as a result of a significant work program over the southern portion of the historic Weolyu silver mine southeast of the capital Seoul, in central South Korea.
- Significant new work by Australia’s Southern Gold on historic Weolyu silver mine southeast of Seoul delivers high grade gold results
- Excellent potential for gold to drive a future underground mine as the primary ore target, along with silver credits
- Diamond drilling and sampling of underground wall faces returned multiple intercepts of high-grade epithermal gold and silver
- Best results: 0.92m @ 13.6g/t Au and 447 g/t Ag from drilling and 0.7m @ 17.7 g/t Au and 469 g/t Ag from underground channel sample
- Significant lateral and depth extents remaining untested with high grade confirmed in Summit, Moonlight and Surprise vein systems.
