DGR 0.00% 1.0¢ dgr global limited

2 add drill rigs Started 2 new holes 21 and 22 Upbeat Nick This...

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  1. 2,145 Posts.
    lightbulb Created with Sketch. 51
    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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