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SolGold Plc
Summary
| Project: | Cascabel | |
|---|---|---|
| Deposit: | Alpala, Aguinaga | |
| Location: | Ecuador | |
| Commodities: | Copper-Gold | |
| Date: | 4/17/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-4-2017: SolGold Plc announces an Exploration/Drilling Update report for its Alpala, Aguinaga deposit at the Cascabel project. JV - Drilling results incl. 846m @ 0.71% Cu, 0.50g/t Au from 278m. The Board of SolGold (LSE and TSX code: SOLG) is pleased to | |
| Resources: | (Resource): 430Mt @ 0.5% Cu, 0.4g/t Au (Ind.) and 650Mt @ 0.4% Cu, 0.3g/t Au (Inf.) At Alpala | |
| CP/QP: | [Overall Report]: Jason Ward (Internal) | |
| ABSTRACT: | The Board of SolGold (LSE and TSX code: SOLG) is pleased to provide an update on the drilling programs at Alpala and Aguinaga, at the Company’s Cascabel project in Northern Ecuador. Commenting on progress, CEO Nick Mather said: “The drill program is proceeding according to plan. We are finding a lot more high grade intersections outside the current resource model for Alpala. The takeaway is that extra high grade resource tonnes will have a significant and positive impact on value. Allowing for this, and with what we believe to be a unique set of logistical advantages compared to many "high and dry" Chilean projects, increasing high grade mineralisation, the discovery at Aguinaga, and the increasing demand and price for copper and gold, the upside in this project is very exciting.” | |
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