Australia`s Southern Gold starts drilling in Cambodia

The Cambodian government had been trying to lift Cambodia from poverty by creating several kinds of developing plans and projects. But because the corruption law didn't exist, all high ranking government officials are the high ranking criminals. The ways that the government is dealing with foreign firms are secretly kept from public and no detail about how revenue will be managed to the government for the benefit the poor. Mostly the negotiations were shaking hand and under the table deals. Do cambodia know how to dig gold for itself or needs foreigner to steal their gold?

Phnom Penh (ANTARA News/Asia Pulse) - Australian mining firm Southern Gold Ltd (ASX:SAU) has begun drilling for gold in Cambodia's northeastern province Kratie, said a company press release received here today.

The firm has started its first drilling campaign in Cambodia at its 80-percent-owned Snoul Prospect, after completing a study at the site launched in 2006, said the release.

The company plans to drill eight 80 to 150-meter deep holes at the site over an area of 1,200 meters, and if the results are good, it will drill more. Assay results are
expected in early 2008.