ASX Release 28th June 2011
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1 28th June 2011 High Grade Gold from Martins Shaft Infill Diamond Drilling Highlights Sovereign Gold Company Limited ACN Level 2, 131 Macquarie Street Sydney NSW 2000 Tel: Fax: Contact Nick Raffan CEO nraffan@sovereigngold.com.au Latest News Directors / Officers John Dawkins AO Nick Raffan Michael Leu Peter Meers Jacob Rebek ASX Symbol: SOC Details 11 hole infill diamond drill program completed Long and High Grade Intercepts up to 22.5 grams per tonne gold Visible gold in core An eleven-hole infill diamond drill program has been completed at Martins Shaft. The principal aims were to obtain: Core samples of gold mineralisation for metallurgical studies to determine similarity to Donlin Creek, Tintina Gold Province, Alaska, which has shown gold recoveries exceeding 90% for intrusives. 1 Mineralogical/Alteration data to provide a better understanding of the gold mineralising event to support further drill target identification in conjunction with geochemical, petrological and geophysical surveys. Fresh samples for Argon-Argon dating to constrain age and perhaps identify the source of the gold mineralisation. Structural data confirms gold is present in Intrusion-Related Gold Systemstyle sheeted veins potential to provide vectors to the gold source. Assays results for the first infill diamond drill hole at Martins Shaft has returned some very high-grade gold intercepts: 22 metres at an average grade of 3.28 g/t gold including: g/t gold Qualifying Statement The information in this Report that relates to Exploration Information is based on information compiled by Michael Leu who is a member of the Australian Institute of Geoscientists. Mr Leu is a qualified geologist and is a director of Sovereign Gold Company Limited. Mr Leu has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of exploration Results, Mineral Resources and Ore Resources. Mr Leu consents to the inclusion in this announcement of the Exploration Information in the form and context in which it appears. Targets 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 g/t gold g/t gold g/t gold g/t gold Some metreage contained high silver (up to 15 g/t, 0.48 ounce) and antimony (up to 6640 g/t), indicating possibilities of silver and antimony credits for concentrates. For further information please contact: Henry Kinstlinger, Investor Relations, Sovereign Gold Company Limited Telephone: (Donlin Creek Project Technical Report 2006, Stanton Dodd, P.Geo. NovaGold Resources, Inc. Vancouver, B.C.).
2 Page 2 Gold, Silver and Antimony Intercepts Diamond Drill Hole, SGRDD002, Martins Shaft 2 Sample From To Gold Silver Antimony Au Ag Sb Metres grams per tonne (g/t) D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D D Australian Laboratory Services Pty Ltd, QC Certificate of Analysis - BR
3 Page 3 Cross-section of Gold mineralised lode at Martins Shaft. Plot of Diamond Drill Hole SGRDD002 in relation to Reverse Circulation drill holes.
4 Page 4 Scale: Core diameter, 63.5mm (HQ core). SGRDD002, sericite-quartz (phyllic) altered dyke; visible gold associated with stibnite (antimony sulphide). Series of crosscutting antimony-quartz-carbonate veins. Clump of gold on left-hand-side 6mm x 3mm, (36-37m, 22.5 grams Gold per Tonne) SGRDD002, Sheeted veins (antimony sulphide veins, 2-4mm in wide) in phyllic altered felsic dyke (35-36m, 15.2 grams Gold per Tonne)
5 Page 5 Sovereign Gold Rocky River-Uralla Tenements Martins Shaft
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June 2013 Sovereign Gold Company Limited ACN 145 184 667 Level 2, 131 Macquarie Street Sydney NSW 2000 Tel: +61 2 9251 7177 Fax: +61 2 9251 7500 Contact Michael Leu CEO email: mleu@sovereigngold.com.au
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