Maybe this will help. Some juicy holes and bring on MRE2. NM presenting a few times next week and then at the AGM in 2 weeks. So far no big movement for SOLG, but as I said juicy holes. Apparantly someone puts Icebergs in front of SOLG's SP, manipulation? And here are the results.....
13 November 2018
SolGold plc
("SolGold" or the "Company")
Cascabel Exploration Update
Alpala Drilling Update
The Board of SolGold (LSE and TSX code: SOLG) is pleased to provide an update on recent drilling at the Company's Alpala Deposit in Northern Ecuador.
HIGHLIGHTS:
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Recent drilling highlights expected to add significantly to an updated Mineral Resource Estimate (MRE) projected for release in December 2018 include:
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Hole 69 (Alpala Western Limb): 852m @ 1.14% CuEq, including 502m @ 1.55% CuEq, and 152m @ 2.49%CuEq.
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Hole 68 (Alpala Central): 664m @ 1.53% CuEq (open at depth), including 348m @ 2.25% CuEq, (1.26%Cu, 1.57g/t Au).
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Hole 67 (Alpala Central): 1028m @ 1.29% CuEq, equating to over 1320m%CuEq, including 544m @ 2.17% CuEq and a zone of intense porphyry mineralisation containing visible gold (146m @ 4.07% CuEq, 1.96%Cu, 3.36g/t Au).
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Hole 66 (Alpala NW): 633m @ 1.25% CuEq, including a zone of rich mineralisation containing visible gold (173m @ 2.46% CuEq, 1.36%Cu, 1.73 g/t Au).
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Hole 64 (Alpala NW-Trivinio): 402m @ 0.65% CuEq, including discovery of a new zone, north of the Alpala Breccia unit, containing primary bornite mineralisation (162m @ 0.95% CuEq) and warrants follow up drill testing which may lead to unearthing further evidence of a second system adjacent to the Alpala Deposit.
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An additional 82,400m metres of additional drilling (Holes 33-67) to be included in second MRE in December 2018 (Dec 2017 MRE estimated from only 53,616m of drilling).
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Total metres drilled at Cascabel to date 160,000 (153,000 Alpala + 7,259 Aguinaga).
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Assays returned to date at Alpala - 137,000m. Assays outstanding at Alpala - 16,000m.
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Approximately 20,000m of further drilling to be completed at Alpala in 2018. 2019 drilling campaign to continue to expand the deposit at Alpala SE, Alpala NW, Trivinio and Alpala Western Limb.
Commenting on today's release, SolGold Technical Services Manager, Benn Whistler, noted: "Typically, geologists associate visible gold with epithermal bonanza deposits or mesothermal and orogenic gold lode deposits. However, in the right geological setting porphyry deposits can hold zones of extraordinarily high grade. The fact that recent infill drilling at Alpala Central and Alpala Northwest has produced a number of very rich intersections of porphyry style 'B-type' quartz veining associated with visible gold, is a testament to the rare quality of the Alpala deposit."
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