Southern Gold Limited

The appetite by Australian equity markets for uranium plays continues unabated with an underwriting agreement announced by Southern Gold Limited (ASX: SAU) today for its A$14 million uranium spin-off.

A new A$14 million capital raising and float of uranium exploration assets will be launched next month after shareholders in Southern Gold Limited (ASX: SAU) today voted today to spin-off the Company's uranium interests into a new ASX-listed entity.

A new nickel sulphide discovery grading as high as 2.06% has been made in Western Australia by Southern Gold Limited (ASX: SAU).

Southern Gold Limited (ASX: SAU) has elected to proceed with an Initial Public Offer (IPO) to list its 100% owned subsidiary Southern Uranium Limited on the Australian Stock Exchange early in 2007.

Known high grade gold targets around South Australia's Challenger gold mine are to be drilled under a decision announced today by Southern Gold Limited (ASX: SAU) to execute a new joint venture with Dominion Mining Limited.

Southern Gold (ASX: SAU) exclusively holds the "Torrens South" tenement immediately east of the new Punt Hill discoveries in South Australia's Gawler Craton. The Company had identified high-priority targets with Olympic Dam ("IOCGU") style potential along the gravity trend extending southeast from Punt Hill. A large survey of infill gravity detailing commenced last week to refine preliminary gravity targets for drill testing.

An Australian resources company is to expand into Cambodia's minerals exploration sector in a search for gold and base metals under a Memorandum of Understanding (MoU) announced today.

One of the largest drilling programs to identify early signs of commercial uranium deposits in South Australia's far west has been announced by Adelaide-based Southern Gold Limited (ASX: SAU).

SOUTHERN GOLD LIMITED Gold Forum - Going for Gold; Boardroomradio is pleased to announce that SOUTHERN GOLD LIMITED (ASX: SAU) has published an audio file. The following presentation "Gold Forum - Goi

Three new exploration licences (ELs) granted to Southern Gold Limited (ASX: SAU) enables priority copper gold uranium exploration to commence for Olympic Dam style deposits in the Lake Torrens and Streaky Bay project areas. These areas were selected as highly prospective with gravity targets and geological settings similar to those revealed by the Prominent Hill and Carrapateena discoveries.