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SolGold Plc
Summary
| Project: | Cascabel | |
|---|---|---|
| Deposit: | Alpala | |
| Location: | Ecuador | |
| Commodities: | Copper-Silver-Gold | |
| Date: | 5/22/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 22-5-2020: SolGold Plc announces a Resource Estimation report for its Alpala deposit at the Cascabel project. Updated Mineral Resource Estimate for Project. Mining Plus was commissioned by SolGold plc (SolGold) to prepare a Mineral Resource Estimate (MRE) | |
| Resources: | (Resources, M+I): 2.663Bt @ 0.37% Cu, 0.25g/t Au, 1.08ppm Ag | |
| CP/QP: | [Resource]: Cecilia Artica (Mining Plus Pty Ltd.) | |
| ABSTRACT: | Mining Plus was commissioned by SolGold plc (SolGold) to prepare a Mineral Resource Estimate (MRE) and subsequent Technical Report for the Alpala Porphyry Copper-Gold-Silver Deposit in the Cascabel Property (the Property) in Northern Ecuador. SolGold is a leading exploration company focused on the discovery, definition and development of world-class copper-gold deposits. SolGold is listed on the Toronto Stock Exchange (TSX) and the London Stock Exchange (LSE). Cornerstone Capital Resources Inc. currently holds a 15% interest in the exploration licence that comprises the Cascabel Property, with the remaining 85% held unencumbered by SolGold. The MRE, with an effective date of 11 November 2019, has been reported in accordance with the Canadian National Instrument 43-101 (NI 43-101) Standards for Disclosure for Mineral projects. The estimation process followed the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) “Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines” (CIM, 2019). Mining Plus employee, Mrs Cecilia Artica takes Qualified Person (QP) responsibility for the MRE. | |
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