Southern Gold Ltd (ASX:SAU)

Southern Gold Ltd (ASX:SAU)


Share Price
$ 0.18
Change
0.01 (6.06 %)
Market Cap
$10.95 m
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Southern Gold Ltd

High grade, high margin gold production driving organically funded industry-leading exploration in the search for 'world class' gold deposits.

EPIC: SAU
Market: ASX:SAU
52-week High/Low: A$0.250 / A$0.105
Sector: Mining
Market Cap: $10.95 m
Website: www.southerngold.com.au
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Big Picture – A Deep Dive Examination of Southern Gold Ltd


Southern Gold Ltd Snapshot

While Southern Gold is a company of 2 geographic parts, Australia and South Korea, we are a company with one unified vision: to become an internationally recognised gold explorer and producer in both jurisdictions, with a highly professional technical team, a reputation for excellence and discovery, and done in partnership with our industry respected joint venture alliances.

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Last updated 28th February 2019

Transfind Extended Gold Project

The Transfind Extended Gold Project is a small package of 4 prospecting licenses located approximately 70 km east of the city of Kalgoorlie in Western Australia. Southern Gold has put in place an agreement with two prospectors to acquire the tenements if exploration results are positive and the project moves towards production. As part of this deal Southern Gold has committed to complete 2000m of diamond or reverse circulation drilling over the next few years.

(click here for more information on this project)


Glandore Gold Project

The Glandore Project, held in joint venture with Aruma Exploration Pty Ltd, is located 40kms east of Kalgoorlie and 12kms (direct) from SAU’s Cannon Gold mine, on the western margin of Lake Yindarlgooda. The project is comprised of 11 prospecting and three mining licenses, covering 2,871ha of land. Historically the area has produced small tonnages of high grade gold from old shafts and workings.

(click here for more information on this project)

(click here for more projects)

 


Last updated 28th February 2019

 

Australia & South Korea.

THE BOARD

Greg Boulton
Non-Executive Chairman
BA (Accounting), FCA, FCPA, FAICD

Greg Boulton has extensive commercial and resource sector experience spanning over 40 years as CEO and Non-Executive Director for many Public and Private Companies. He has broad experience in corporate governance, capital raisings, acquisitions and commercial negotiations. He is a Fellow of the Australian Institute of Company Directors, Institute of Chartered Accountants and CPA Australia. Mr Boulton is currently a Director of Statewide Superannuation Fund, Kangaroo Island Plantation Timber Limited and various Private Companies based in South Australia.


Simon Mitchell
Managing Director
BSc (Hons) Geol, MAusIMM, GAICD,MSEG

Simon Mitchell is a geologist and finance executive with 26 years of resources industry experience in technical and corporate roles including 10 years gold exploration and mine development experience with Normandy NFM, RGC, Goldfields and Aurora Gold in countries as diverse as Australia, Bolivia, Chile, Peru, Papua New Guinea and Indonesia. Mr Mitchell worked for 6 years at the Commonwealth Bank of Australia, predominantly in Project Finance, and more than 6 years with Toro Energy as General Manager of Business Development where he was responsible for mergers and acquisitions, capital raisings and the engagement of investors worldwide. Previously Mr. Mitchell was Managing Director of Asiatic Gold Ltd, an unlisted public company with gold exploration projects in South Korea, assets that were recently acquired by Southern Gold.


David Turvey
Non-Executive Director
BSc (Hons) Geol, MAusIMM, MSEG

David Turvey is a geologist with over 30 years' experience in the Australian and Asian mining industries where he has driven business development and corporate M&A activities in precious metals, bulk commodities and industrial minerals. His experiences include holding key management roles and consulting assignments in minerals exploration, technical marketing, project development and commercial evaluation of mineral asset investments. Mr Turvey was formerly a Non- Executive Director of ASX listed Lawson Gold Limited and was previously Managing Director of FerrAus Limited.


Peter Bamford
Non-Executive Director
BSc (Eng) Mining, ARSM, MAICD, FAusIMM

Peter has a career spanning more than 40 years in the construction and mining industries, principally in underground mining operations as a mining engineer, mine manager and as a corporate executive. Peter’s experience includes senior appointments with Mount Isa Mines, Metana/Gold Mines of Australia, Dominion Mining (subsequently Kingsgate Consolidation) and Doray Minerals, among others.Peter has also served on several boards during the last 25 years, including Maiden Gold, Heron Resources and Dominion Mining. Peter is a Fellow of the Australasian Institute of Mining and Metallurgy and a Member of the Australian Institute of Company Directors.

 

SENIOR MANAGEMENT

Douglas Kirwin

Senior Technical Advisor
MSc, FSEG, FAIG

Mr Kirwin is an Australian geologist with 45 years of international experience. His exploration teams have been responsible for several well-known mineral discoveries which are now being mined, the most notable being the giant Oyu Tolgoi gold
copper deposit in Mongolia developed by Rio Tinto. He was executive vice president of Ivanhoe Mines from 1996 to 2012and currently an independent consulting geologist based in Thailand. Mr Kirwin has an MSc in mineral exploration from JamesCook University where he is currently an adjunct professor of geology


Paul Androvic
General Manager Exploration and Development - Australia and South Korea
BSc, Honours, MAIG, MAusIMM, MSEG

Mr Androvic is a geologist with over 25 years' experience in the Resource Industry specifically in geology, underground mining, operational and executive management. Mr Androvic has held several key management positions involving small open pit and underground mining projects in Indonesia, through to large integrated gold mining operations in Australia. Mr Androvic was previously General Manager for Kingsrose Mining Limited's Indonesian operations, General Manager at the Challenger gold mine with Dominion Mining/Kingsgate Consolidated and as Group Geologist for Kingsgate in Thailand and Australia.


Dan Hill
Company Secretary
MBA, Mapp Fin, CA, F Fin, CSA (cert)

Dan Hill has over 15 years’ experience in finance. With a background in accounting practice, he has also held finance roles at Diageo PLC, Hess Oil & Gas Inc and Grosvenor Estates. Mr Hill also currently serves as Company Secretary on LBT Innovations Ltd (ASX: LBT) and is a director of a number of private companies.


Ray Ridge
Chief Financial Officer
BA (Acc), CA, GIA (cert)

Ray Ridge is a chartered accountant with over 20 years accounting experience; he has held senior management positions in finance, compliance and commerce across a range of industries. He is currently CFO and Company Secretary for dual ASX- and AIM-listed Thor Mining PLC as well as CFO for ASX-listed Southern Gold Ltd. Mr. Ridge has broad corporate experience including previous appointments as General Manager Commercial & Operations with the Utilities, Government and Power Business Group of Parsons Brinckerhoff, CFO of the Merchandise Division of Elders Ltd and Senior Audit Manager at Arthur Andersen.

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Southern Gold Limited

10 George Street
Stepney SA 5069

PO Box 255 Kent Town SA 5071
Phone: (08) 8368 8888
[email protected]


Southern Gold Share Registry

Security Transfer Australia
PO Box 52, Collins Street
West VIC 8007

Phone: 1300 992 916
www.securitytransfer.com.au

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