Surprised we havnt had heard from sol1 yet.. wondering if the volume this morning had anything to do with SOLG RNS yesterday, (last night).
The future just keeps looking rosier... or do I need new spectacles?..
RNS Number : 6517O
SolGold PLC
21 May 2018
21 May 2018
SolGold plc
("SolGold" or the "Company")
New High-grade Copper and Gold Mineralisation Discovered Within Ecuador's Richly Copper-endowed Southern Jurassic Porphyry Corridor
The Board of SolGold (LSE/TSX code: SOLG) is pleased to provide an update on exploration at its 100% owned La Hueca, Porvenir and Timbara Projects, in Southern Ecuador. The prospects are held in the 100% owned subsidiaries Green Rock Resources and Cruz Del Sol S.A.
HIGHLIGHTS:
Ø SolGold's La Hueca, Timbara and Porvenir Project concessions cover 60km of strike along Ecuador's Southern Jurassic porphyry corridor.
Ø Two new copper targets discovered on the western side of the La Hueca Project. Channel chip sampling returns 17.3m @ 3.87% Cu, 0.46 g/t Au (including 6m @ 9.39% Cu, 0.98 g/t Au).
Ø New mineralised outcrops identified in the Porvenir Project that are rich in chalcopyrite, chalcocite, covellite, bornite (copper sulphide minerals) and malachite (copper carbonate mineral).
Ø The southern Jurassic porphyry corridor is of similar age to nearby Fruta del Norte, Mirador and Santa Barbara deposits.
Ø Detailed auger soil programs are planned for La Hueca, Porvenir and Timbara to further delineate drill targets.
References to figures and tables relate to the version of this release visible in PDF format by clicking the link below:
http://www.rns-pdf.londonstockexchange.com/rns/6517O_-2018-5-20.pdf
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