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Success spurs Southern Gold

Winding the clock back a couple of years, many were surprised by Southern Gold’s (AU:SAU) plans to generate cash from a Kalgoorlie gold mine, give returns to shareholders and acquire assets in South Korea.

Success spurs Southern Gold Success spurs Southern Gold Success spurs Southern Gold Success spurs Southern Gold Success spurs Southern Gold

Drilling at Weolyu in South Korea

Fast-forward to the present and the debt-free miner is on track to receive A$14 million in total from the Cannon gold mine 30km east of Kalgoorlie by August, it has declared a special 3c per share