Southern Gold seeks buyers for WA assets, as its focus shifts to South Korea

Junior Southern Gold has put up a for sale sign on its Western Australian gold assets, including the Cannon gold mine.

The decision to find buyers for its Western Australian gold assets comes on the back of a company-wide strategic review, which concluded that there would be significant shareholder value by realising value from the asset base, while obviating the need for additional capital to develop the Cannon mine.