SOLG Hole 19 & State of Play, page-7

<><> "GOLD IN THE GRASS."- Mining Journal <sub>8 Feb 2017
www.mining-journal.com/financeinvestment/exploration/gold-in-the-grass/

Quote: "Other top ranking drill intercepts around the globe this past week included Solgold*s latest m a s s i v e per and gold hit at Cascabel in Ecuador (1,204m of 0.46% copper and 0.47 gpt gold from 466m depth)"

Note: I checked the Solg RNS [announcement] for the above and it is the one dated "Cascabel Exploration Update dated 2 Feb 2017. www.solgold.com.au

For context:
<>Ref: "Half year Financial Report Dec 2016" www.solgold.com.au
"Hole 5,9,12, 15R2, 16 & 17 delivered world class intersections consisting of over 1 km continuous mineralisation grading over 1% copper equivalent.   Drill hole CSD-14-009 - best results in the h i s t o r y of mineral exploration with 1088m grading 0.66% copper and 0.89% g/t gold for 1.48% copper equivalent."

<><>"GOLD RUSHl Can Ecuador  attract $8b in new mining investment by 2024?"-Mining Technology.com  16 Jan 2017

Quote: "This is the perfect time for us and the industry, he told Bloomberg at the International  Mining and Resource Conference." [Mining Minister Cordova]

Its the reason why the likes of BHP are looking around, because many of the projects in Chile are declining and they are looking for new opportunities.  Ecuador expects  producers to make at least $8 billion in investments in new mines by 2024, according to Cordova. We are seeing a lot of interest in Ecuador and it is very encouraging for us.

With copper forecast  to decline by 2020 amid rising  demand and a dearth of  of new mining operations,  c o m p e t i t i o n for  quality exploration projects is set to i n t e n s i f y  as new assets  become harder to mine.

This development along with recent  discovery of  l a r g e  copper and gold deposits are the m a i n  reasons behind big foreign companies inking  official d e a l s  for exploration and mining projects."

www.mining-technology.com/features/feature-gold-rush-can-ecuador-attract-8b-in-new-mining-investment-by-2024-5716280/

Sol1, Hot Copper 12 Feb 2017 [Sun]
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