SANTIAGO, Chile, July 31, 2009 (GLOBE NEWSWIRE) -- Southern Energy Company, Inc. (Pink Sheets:SOCI), a publicly traded resource exploration company, is pleased to announce that it has been informed by its joint venture partner, Hector Vittone, that the required milling equipment required for production has been located within Argentina. Mr. Vittone has also informed the Company that cash purchase deposits have been placed on most of the milling equipment which will allow for a quicker production schedule than the Company had previously anticipated.
The mill design, to date, is for a mill with a capacity of 200 tons per day, with mill feed averaging 13 grams per ton of gold or gold equivalent on mined material.
The Company expects more information over the next two months from Mr. Vittone regarding previous and ongoing programs on this project.
About Southern Energy Company, Inc.
Southern Energy Company, Inc. is a publicly traded resource exploration company. From 2007 to the present the company has been active in seeking out resource opportunities in North and South America to explore, develop, and produce. The Company is currently focused on the acquisition, exploration and development of coal, gold, copper and silver properties throughout South America. Currently, Southern Energy owns the Catalina Silver and Gold Property northwest of Santiago, Chile, and the two Lota Bay Coal Concessions in Lota, Chile. The Company has entered into a joint venture agreement on the Condoryacu Gold, Copper and Silver Property located in Salta Province, Argentina.
Please visit http://www.southernenergycompany.com for more information.
Forward-Looking Statements
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