DGR Global owns 12% of Solgold - Cascabel project in Ecuador....

DGR Global owns 12% of Solgold - Cascabel project in Ecuador. [Ref: Link www.dgrglobal.com.au [20 Feb 2018 Business Update].

JUNIN project in Ecuador
"Junin mine is a large copper mine located in West of Ecuador. Junin represents one of the l a r g e s t reserves in E c u a d o r of 982 Mt of ore grading 0.89% copper, 0.04% moly & 59.7 moz silver."

Ref: https://en.wikipedia.org/wiki/Junin_mine

CASCABEL, Ecuador - Solgold Plc [London listed]
"Large undeveloped deposits in the Cascabel Region i n c l u d e the JUNIN porphyry copper-moly deposit in Northern Ecuador."

Ref: https://mining-atlas.com/project/Cascabel-Gold-Copper-Mine-Project.php

Note: The new name for Junin [at the bottom of the Intage Vallay] is Llurimagua as it is in the Llurimagua mining project concession area with 260 inhabitants.

JUNIN [Ref:MICLA] https://micla.ca/conflicts/junin
"The f i r s t attempt to develop a mega mining project in the Intag region b e g u n in the 1990*s when the Japanese co Mitsubishi began exploration in the region.

Comment:

Solgold, London listed today, 13 Mar 2018 share price is 22 British pence with a Market Capitalisation of £388 million. [52 week high 46.7p and low 20p]

£1 = A$1.7

DGR Global on the Australia ASX last closing price was Australian 8.8 cents with a Market Cap of A$53.96 million.

So, DGR Global*s 12% share of Solgold Plc comes to £45.6 million [British pounds] = A$76.5 million on the open market [marketable value at mid price] appox.

DGR Global has mentioned that Solgold is among the higher value daughter co*s in its stable via their business updates.

In conclusion, Junin news [Ecuador govt Enami 51% & Codelco 49%] is industry related and p o s i t i v e given the project was since 1990*s, some + -27 years ago appox. In this same thread, links were given to the Ecuadorean agreement signed with Codelco, world*s largest copper miner in the world re: Junin.

Cascabel is in the NW Ecuador in an under-explored northern section of the Andean copper belt, 60km NE of the undeveloped ....Llurimaga [formerly JUNIN].
Ref: Cornerstone Resources Ann 24 Nov 2017 www.cornerstoneresources.com/s/Home.asp
[Cornerstone Resources, Canada is Solgold JV partner in Cascabel, Ecuador]

In reply with thanks. Sol1, 13 Mar 2018
So very much on-topic and industry news re: Ecuador mining news given Junin is next door to Cascabel, Ecuador - Solgold Plc.