Weekend STT Lounge: 22-24th Aug, page-27

Swr

Southern Crown hassigned an option agreement to explorein the samebeltasthegiant45MozDonlinCreekgolddeposit,insouthwest Alaska.
• The key Luna–Quicksilver prospect contains two large un-drilled outcropping semi-massive sulphide stockworks, 1.2km apart in an accessible river valley, providing an exciting window into the sub- surfacepotential.
• Rockchip and channel sampling of Luna stockwork outcrop has returnedupto64.7g/tAu&74g/tAg.
• Rockchip and channel sampling of Luna East sulphide outcrop has returnedupto1.2%Cu,90g/tAg.
• During the negotiation phase, Southern Crown has conducted detailedgroundmagnetics.
• Scout bedrock drilling to commence this month to focus follow-up coredrilling.
• Allan Kelly, Director of Afranex and MD of Doray



And all with only 30 million on issue and 1.5 mill in bank