SolGold PLC Announces Cascabel Exploration Update

Bishopsgate, London (FSCwire) - The Board of SolGold (LSE and TSX code: SOLG) is pleased to provide an update on recent drilling at Alpala Central, at the Company’s Cascabel project in Northern Ecuador.

HIGHLIGHTS:

• Hole 41-D1-D2 (Alpala Central Infill Drilling): 

• 582m @ 1.18% CuEq (0.64% Cu, 0.85g/t Au), incl.

• 340m @ 1.54% CuEq (0.78% Cu, 1.21g/t Au).

• Hole 63 (Alpala Extension Drilling, Western lobe): thus far over 170m of significant visible copper sulphide mineralisation, including intensely mineralised zones with visual estimates up to 15% Chalcopyrite.  Drilling continues.

• Hole 58-D1 (Alpala Extension Drilling, NW margin): thus far over 640m of visible copper sulphide mineralisation, including visual estimates of up to 6% Chalcopyrite.  Drilling continues.

• Hole 55R-D1 (Alpala Extension Drilling, NW margin): thus far over 480m of visible copper sulphide mineralisation, including visual estimates of over 3.5% Chalcopyrite.  Drilling continues.

• Hole 62 (Alpala Extension Drilling, East margin): approximately 400m of visible copper sulphide mineralisation, including visual estimates of over 3.5% Chalcopyrite.  Assay results pending.

• Hole 65 currently encountering strong mineralisation from 762m depth to 832m depth on the Western lobe.  Drilling continues.

References to figures and tables relate to the version visible in PDF format by clicking the link below:

http://www.rns-pdf.londonstockexchange.com/rns/2281Y_1-2018-8-19.pdf

CONTACTS

Mr Nicholas Mather                                                                                                       Tel: +61 (0) 7 3303 0665

SolGold plc (Chief Executive Officer)                                                                               +61 (0) 417 880 448

nmather@solgold.com.au

Mr Karl Schlobohm                                                                                                         Tel: +61 (0) 7 3303 0661

SolGold plc (Company Secretary)

kschlobohm@solgold.com.au

Ms Anna Legge                                                                                                 Tel: +44 (0) 20 3823 2131

SolGold plc (UK Market IR / PR)

alegge@solgold.com.au

Mr Ewan Leggat / Mr Richard Morrison                                                Tel: +44 (0) 20 3470 0470

SP Angel Corporate Finance LLP (Broker)

ewan.leggat@spangel.co.uk

Follow us on twitter @SolGold_plc

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