Regarding the below low & high Targets, not sure if this is just for the ***ong no 6 Vein or the whole of the ***ong Mine to include all the veins.
Southern Gold has previously announced an Exploration Target Range of 1.0 to 4.5Mt at 6-12g/t (500koz- 1,500koz Au) for ***ong.
In SAU's presentation dated July 2016 on page 16 that mention on the table Taechang Tonnage
of 1,106,283 x 16 G/T = 17.7m grams = 570,000 O/z = £547m Gross NPV 100% value
Based on the below info this mine could be much larger than original thought so expect potential Tonnage - G/T & overall NPV value to increase
" Our second potential project at Taechang has progressed with all available data being digitized and a computer model created. Access to the site was at an advanced stage when additional information was found which indicated that what we thought was the complete mine area was, in fact, merely a part of a far larger gold bearing area. More investigative work will need to be undertaken to assess the size of the potential project."
