Sovereign Gold announce that drill hole GHD006 has continuous mineralisation from surface with the following highlights:- GHD005 halted prematurely after drilling reveals historical drill collar data survey omissions - A hole to test the strike extent in an ESE direction, with adjusted dip data, to follow completion of GHD006 - Drill hole GHD006 [...]
Sovereign Gold Company commissioned an independent review by Geosun Pty Ltd (see note 1) (Geosun) of exploration work completed to date, together with an updated geological computer model of Hobbs Pipe 1. As a result of this work by Geosun, Sovereign Gold is pleased to announce an improved JORC Resource estimate at Mt Adrah Hobbs Pipe 1 of 650,027 [...]
Sovereign Gold is pleased to present the remaining assays for hole GHD004. Similar grades to previous drill hole GHD001 were encountered to a depth of 942m down hole, confirming the width of the pipe to be approximately 110m wide at this depth.The results include 514m @ 1.2g/t Au from 336m, within a broader zone of 606m @ 1.1g/t Au. Higher grade [...]
Sovereign Gold Company Ltd.[/wp] (ASX:SOC) (Sovereign Gold) advises that is has completed the placement of 8 million fully paid ordinary shares (5.6% of its issued capital) at 20 cents per share to institutional and sophisticated investors, as defined under Section 708 of the Corporations Act, raising $1.6 million before costs.Sovereign Gold [...]
Sovereign Gold is pleased to announce that initial assays have been received from deep diamond hole GHD004, which was drilled to determine the subsurface width of Hobbs Pipe 1 in the northeast direction.The assay results are at the upper range of expectations at 1.4 g/t. GHD004 entered the Hobbs Pipe 1, at approximately 336m down hole, and visual [...]
Sovereign Gold announce the successful completion of a second drill hole into the Hobbs Pipe 1 with ~110 metre width confirmed. Diamond Drill Hole GHD004 completed successfully- Tested pipe width across dip toward the NNE- Final depth 1,030.1m- Mineralisation consistent from 336m to approximately 900m.- Mineralisation visibly identical to, or [...]
Sovereign Gold Mt Adrah Hobbs Pipe 1 Project Economics Review and scoping study is underway for the Hobbs Pipe 1 deposit, with guidance from a team of highly respected consultants and mine developers. Initially, this work is focussing on the metallurgical; caveability and sulphide concentrate transport costs and potential revenue generation for the [...]
Sovereign Gold announce that the Hobbs Pipe 1 reaches ~100 metres width and widening with the following highlights:- Down-hole length currently at 888 metres and drilling continues to determine northern edge of Hobbs Pipe 1- Hobbs Pipe 1 approximate true width currently ~100 metres at 888 metres down hole and widening- Strong sulphide-sericite [...]
Sovereign Gold Company announce the Rocky River-Uralla mineralisation is deepening and widening with the following highlights:- Multiple dyke swarms mapped cut by north-east trending mineralised structures- Fully funded 2,500m drilling program continues - mineralisation deepening and widening- 1.55km Mineralised Structure - Hole ZK0001 completed [...]
Sydney, Australia (ABN Newswire) - Sovereign Gold Company Ltd. (ASX:SOC) (Sovereign) advise that David Hughes retired as Company Secretary on 31 July 2013.David Hughes was appointed in August 2010 and has served the Company since prior to Sovereign's listing.Directors' express their appreciation to David and wish him a successful future [...]
Sydney, Australia (ABN Newswire) - Sovereign Gold Company Ltd. (ASX:SOC) announce that the current width determined by recent drilling of the Mt Adrah Hobbs Pipe 1 is ~70 metres and widening with:- Strong sulphide-sericite alteration, an indicator of gold mineralisation at the Hobbs deposit, is present throughout the Pipe 1 zone- Down-hole length [...]
Sydney, Australia (ABN Newswire) - Sovereign Gold Company Ltd.'s (ASX:SOC) quarterly operations report is dated 31 July 2013 and is for the three months ending 30 June 2013.CorporateOn 28 May 2013 Sovereign Gold Company Ltd. (Sovereign Gold) held its annual general meeting. All resolutions put to the meeting were passed on a show of hands.At [...]
