2 add drill rigs
Started 2 new holes 21 and 22
Upbeat Nick
This is getting bigger and better.....
Now 10.5 is a b€*@dy bargain
SolGold plc
(“SolGold” or the “Company”)
Cascabel Exploration Update
Drill hole 18 assay results return
664m grading 0.70 % Copper, and 0.77 g/t Gold from 904m
within a broader mineralised halo of
1204m grading at 0.46 % Copper and 0.47 g/t Gold from 466m
at the growing Alpala deposit.
The Board of SolGold (AIM code: SOLG) is pleased to provide the following exploration update for the
Company's Cascabel copper-gold porphyry project in Ecuador.
HIGHLIGHTS:
Drill hole 18 assay results return 664m grading 0.70 % copper, and 0.77 g/t gold from
904m, within a broader mineralised halo of 1204m grading at 0.46 % copper and 0.47 g/t
gold from 466m at the growing Alpala deposit, at 0.3% Cu cutoff.
Hole 19 terminated at 1632.52m on 21st January 2017 and samples at laboratory.
Drilling focus moving towards Alpala south-east and Hematite Hill high temperature,
bornite rich zones.
Hole 20R continuing at 1310m.
Holes 21 & 22 commenced and at 289m and 249m respectively.
Two additional rigs to arrive in February.
Commenting on the result, SolGold CEO Nick Mather said:
“This deposit is getting bigger all the time, we still haven’t closed it off to the south-west, north-east,
south-east or vertically. We are very interested in the south-east bornite rich zone, which alone can
double the size of Alpala. With the global copper outlook and Alpala growing, we are very excited &
looking forward to the Hole 19 results.”
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