Southern Gold (ASX:SAU) presented at the Noosa Mining virtual conference that I attended last week, and it reaffirmed to me why I’m really excited to be involved as majority shareholder alongside Metal Tiger.
Southern Gold’s immediate focus is on discovery and definition of gold and other high-grade precious metal deposits in South Korea, which has had a significant lack of exploration over the last 40 years. Japan, it’s close neighbour, has had major gold discoveries, and given South Korea’s geological conditions are quite similar, all the signs are there.
Southern Gold is the only foreign gold explorer currently active in South Korea. So with this virtual monopoly on exploration in the region, as well a strong backbone (quality management team, sound capital structure and a ‘boots on the ground’ attitude), I’m very excited to see what the guys can deliver out of the region.