Welcome to Sovereign Gold Company Limited

Sovereign Gold Company Limited (Sovereign Gold) (ASX:SOC) is an Australian-based specialist gold exploration company. Sovereign Gold has a portfolio of quality tenements located in Eastern Australia where there is known potential for the occurrence of Intrusion-Related Gold Systems (IRGS). Sovereign Gold has a highly prospective tenement package covering the Rocky River-Uralla Goldfield, 21km southwest of Armidale, NSW, Australia. In addition, through its 87% interest in unlisted Gossan Hill Gold, Sovereign also has a significant exposure to the recent world-class Mt Adrah Hobbs IRGS discovery south-east of Wagga Wagga, NSW.

Key Highlights

  • JORC Resource Estimate of 650,027 ounces gold (measured, indicated and inferred), with a potential exploration target of 3.2m oz – 4.6m oz Au with a grade range 1.23–1.37 g/t contained in 80-104 million tonnes at Mt Adrah Hobbs Pipe 1 project (The potential quantity and grade of exploration targets is conceptual in nature. There has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource)
  • Rapid resource upgrade at Hobbs Pipe 1 at a cost of ~$1/oz
  • Potential for multiple gold pipe targets at Hobbs, located on Gilmore and associated Sutures with proven history of world class mines owned by major gold producers including:

- Newcrest’s Cadia-Ridgeway (60Moz gold equiv.)
- Rio Tinto’s [China Molybdenum] Northparkes (8Moz gold equiv.)
- Barrick’s Lake Cowal (2.8Moz gold equiv.)

  • Scale of Hobbs Gold-only pipe discovery unprecedented in Australia
  • Potential multi-million ounce bulk underground mining proposition with low-operating cost
  • Confirmed discovery of large IRGS system at Rocky River-Uralla Goldfield
  • $11 million work program underway at Rocky River-Uralla Goldfield, fully funded by investment from Chinese SOE JV partner Jiangsu Geological & Engineering Co. Ltd (SUGEC)
  • Controlling interest in Precious Metal Resources Limited (ASX: PMR)
  • Positive landowner relationships
  • Excellent logistics and infrastructure for gold mine development
  • Experienced Board and management team with proven track record

 

 

 

last updated 9 Sept 2013

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Share Prices

htm">Conditions.

Code Last % Chg Bid Offer Open High Low Vol
SOC: $0.070 -1.41% 0.065 0.070 0.070 0.070 0.070 40,000

Gold: $44.56 USD per gram

Prices delayed by 20 mins

Releases on ASX

Date       Headline Pages PDF
11/04/2014   Notice of the AGM and Explanatory Statement 9 PDF
09/04/2014   Corporate Restructure 3 PDF
09/04/2014 PMR: Corporate Restructure 2 PDF
04/04/2014   Mount Adrah Prospectus Lodged 1 PDF
31/03/2014 Mount Adrah to IPO 3 PDF
25/03/2014   Annual Report to shareholders 81 PDF
27/02/2014 Mount Adrah drilling to target high grade mineralisation 2 PDF
18/02/2014   Initial Director's Interest Notice 2 PDF
18/02/2014   Mining Industry identity joins board 2 PDF
04/02/2014 Gossan Hill Developments 2 PDF

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