WEBCAST: Investorium.tv Monday March 17th 2014 in Sydney presents four speakers to a live audience and video streamed from the Sydney Sky Venue, 300 metres above the Sydney Business District.Investors wishing to view Company CEO Presentations may tune it at: www.investorium.tv/webcast The program includes the following Australian Mineral Mammoths. POTASH Rum Jungle ResourcesOne Billion Tonnes of Potash and Phosphate in [...]
Sovereign Gold holds 72% of Gossan Hill Gold. Gossan Hill is exploring a newly identified Intrusion Related Gold System in southeastern NSW, centred on the Mount Adrah Project. Executive Movements: Julian Malnic has been appointed CEO of the Mount Adrah Project. Julian Malnic is a professional geologist and company builder whose career spans a wide range of industry activity including exploration (specialising in gold [...]
Sovereign Gold announce the quarterly operations report dated 31 January 2014 and is for the three months ending 31st December 2013. Corporate $4 million funding facility. During the quarter Sovereign secured a funding facility of up to $4 million over the next 2 years. The funding was provided by New York based fund, Bergen Global Opportunity Fund under a Convertible Securities Agreement (Agreement) managed by Bergen [...]
Sovereign Gold is providing additional information at the request of the Competent Person related to the Mineral Resource which was previously reported on the 12 December 2013, "Hobbs Pipe - Mineral Resource Update".An error has been identified by the Competent Person in the tabulation of the Mineral Resource. The base of the Mineral Resource reported on the 12 December 2013 was to a depth of 900 m below surface. This [...]
Sovereign Gold has entered into a Convertible Securities Agreement (Agreement) with Bergen Global Opportunity Fund II, a US-based institutional investor managed by Bergen Asset Management, LLC to provide funding of up to $4 million over the next two years. Available funding up to $4 million over the next 2 years. Transaction secures additional funds for Sovereign Gold to continue exploration activities across various [...]
Sydney, Australia (ABN Newswire) - Sovereign Gold Company Ltd. (Sovereign Gold) (ASX:SOC) commissioned AMC Consultants Pty Ltd (AMC) to carry out a block model estimation and Mineral Resource estimate report for the Mount Adrah Hobbs Pipe deposit.The updated Mineral Resource estimate is 923,400 ounces gold, from 26.3 Mt at 1.1 g/t gold at a minimum cutoff grade of 0.4 g/t gold [...]
Sovereign Gold Company is pleased to announce the appointment of Simon Bird as Corporate Advisor to Sovereign Gold.Mr Bird will assist the executive team as the company transitions from exploration to development of the company's IRGS projects at Mount Adrah and Uralla NSW.Michael Leu, CEO said "Simon brings a strong background in corporate finance and strategic planning with established relationships across [...]
Sovereign Gold presents a Company Update presentation entitled, "Mount Adrah Gold Project Shaping up as a major discovery".Major Intrusion Related Gold System. Hobbs Pipe Intercepts include 886m @ 1.2g/t Au from surface, 826m @ 1.3g/t Au from surface and 178m @ 2g/t Au from 400mMulti-million ounce potentialLocated in southern NSW on the prolific Gilmore Suture hosting world class-mines such as 60 Moz Cadia/Ridgeway and 8 [...]
Sydney, Australia (ABN Newswire) - Sovereign Gold Company Ltd. (ASX:SOC), through subsidiary Gossan Hill Gold Limited, is pleased to announce the discovery of a second high grade reef system proximal to the Hobbs Pipe deposit. The new system, named the White Deer Reef is represented by a 1.2m wide quartz vein bearing significant visible gold, intersected in drill hole GHD011.The hole also intersected the interpreted [...]
Sovereign Gold geologists consider the Lachlan-New England Fold Belts of NSW to have the ideal setting for Intrusion-Related Gold Systems (IRGS), a relatively newly recognised gold mineralisation style. IRGS are usually large tonnage; low-grade deposits associated with granitic style intrusions. Sovereign Gold geologists specialise in identifying the distinguishing diagnostic characteristics of IRGS.Sovereign Gold has [...]
Sovereign Gold Company quarterly operations report is dated 31 October 2013 and is for the three months ending 30 September 2013.CorporateOn 11 July 2013 Sovereign Gold Company Ltd. (Sovereign Gold) provided funding of $525,000 to it's subsidiary, Gossan Hill Gold Limited (Gossan Hill) through the sale of 1.5 million Precious Metal Resources Limited (PMR) shares to professional and sophisticated investors, Sovereign [...]
Sydney, Australia (ABN Newswire) - Sovereign Gold Company Ltd. (ASX:SOC), through subsidiary Gossan Hill Gold Limited, is pleased to announce the discovery of high grade gold mineralisation outside of the Hobbs 1 Pipe, providing further encouragement that the Mt Adrah district will potentially host gold mineralisation additional to the current resource.Drill hole GHD009 included an intercept of 10m @ 17.7g/t Au from 506m [...]