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Southern Empire Resources CEO: Revitalizing Gold Exploration in Southern California

Southern Empire Resources (TSXV:SMP) is an emerging #gold acquisition and development #mining company focused on exploring prospective gold deposits in North America. The company’s CEO Dale Wallster sat down to discuss exciting developments and ongoing investor
opportunities in this early-stage gold exploration company.

Southern Empire’s primary focus is on their Oro Cruz gold project located in the Cargo
Muchacho Mountains of Imperial County, Southern California. “That’s called the Caborca-
Mojave orogenic gold trend. There are some terrific gold deposits,” Wallster said when
describing the region.

This particular trend of rocks runs along the border between Mexico and the US and neighbors
the gold heavyweight Equinox Gold (TSX:EQX,NYSE:EQX) and its successful Mesquite gold
mine. With the profound success of Equinox Gold, strategically positioning a new gold company
near the past-producing and rich mineralized regions of Southern California was an exciting
opportunity for Wallster.

“Imperial County is one of the more mining-friendly counties in the state of California,” Wallster
said. With operations underway, Southern Empire is amid a revitalization in gold exploration in
what is appropriately called the Golden State.

“Our immediate goal is to get out and use sonic drilling technology to drill the existing heap
leach pads,” Wallster said when discussing the company’s next steps.

This is made possible with the company’s full permit acquisition for the first stage of sonic
drilling for its Padre Madre and American Girl historical heap leach pads on the property. With
other permitting processes and mineral sampling underway, Southern Empire could see high-
grade gold results over significant intervals.

The company currently has approximately US$8 million in working capital that it intends on
putting towards furthering drilling and metallurgical testing campaigns. While this funding puts
the company in a good position, its significant place in the rapidly growing mining and
development company Bullfrog Gold (CSE:BFG) sets Southern Empire from other emerging
gold companies. The company currently has 8.75 million shares of Bullfrog estimated at 14
cents per share, which can be transformed into a means of working capital.
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25 января 2021 г. 20:11:24
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