Cascabel Exploration Update
05.10.2018 | FSCwire
Bishopsgate, London (FSCwire) - The Board of SolGold (LSE and TSX code: SOLG) is pleased to provide an update on recent drilling at the Company's Cascabel project in Northern Ecuador.
HIGHLIGHTS:
- With over 124,000m of drill hole assays now received, a further 70,400m of drilling has been added to the existing Alpala Maiden Resource during 2018 of 5.2Mt of copper (2.3Mt Indicated, 2.9Mt Inferred) and 12.3MOz of gold (6Moz Indicated, 6.3MOz Inferred) (published January 2018 - refer Table B in the Notes to Editors for full details).
- Approximately 32,000m of further drilling set to be completed at Alpala in 2018, significantly adding to the Mineral Resource Estimate ("MRE") update.
- Updated Mineral Resource Estimate projected for completion and release December 2018.
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 (Corporate Communications) | |
| 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 | |
| Gordon Poole / Nick Hennis | Tel: +44 (0) 20 3757 4997 |
| Camarco (Financial PR / IR) | |
| solgold@camarco.co.uk | |
| Andrew Chubb / Ingo Hofmaier | Tel: +44 (0) 20 7907 8500 |
| Hannam & Partners (Joint Broker) | |
| solgold@hannam.partners |
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Source: SolGold plc (TSX:SOLG, LSE:SOLG, OTC Pink:SLGGF)
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