IONDRIVE LIMITED — Fund Information / Factsheet 2008

Apr 9, 2008

Southern Gold Limited ACN 107 424 519

Southern Gold Limited ACN 107 424 519

Southern Gold Limited SAU Snapshot

ASX Code:

• Current Share Price:

• • Issued Shares:

• • Market Cap (full dil.) • Cash (31/12/07)

• • Investments (39% SNU)

SAU ~ A$0.20 ~ 92 million ~ A$18 million ~ A$5.9 million ~ A$6 million

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Major Shareholders
•
8% Talbot Group Holdings
•
7% CITIC
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Southern Gold (SAU) Exploration & Growth Strategy

Why Cambodia ? SAU is an Early Mover in a stabilising environment

Southern Gold Cambodia

Southern Gold Tenure

SAU Cambodia Projects 8 Tenements covering 1,800km[2]

Regional Geology North Eastern Cambodia

• Various phases of regional mapping

Southern Gold 2006 identifies Intrusive Related Gold

• SAU finds Mesozoic felsic intrusives

• Intrusive Related Gold Model (IRG)

• Predictable model is verified as SAU

Reconnaissance Results All tenements showing potential

Cambodia – Snoul Prospect

Newly granted EELs

Snoul Geology and Geochem

JOGMEC JOINT VETURE

• JOGMEC JV

• JV on 3 of 8 SAU Tenements

• US$4.5million over 3 years to earn 51%

• Follows Japans interest in the region for

Preak Khlong / O’kthung EELs Intrusive Related Gold

Regional Soils highly anomalous.

Phreak Khlong EEL

Southern Gold’s Position and the Cambodian Opportunity

Cambodia Southern Gold’s Progress

Southern Gold’s activity in Cambodia is growing.....

Southern Gold (ASX:SAU) SOUTHERN Leading the Mining Industry into Cambodia