21st Jul 2025 12:07
SolGold PLC - Ecuador-focused exploration company - Announces that it received late last week a second USD33.3 million of funds, under its USD100 million initial deposit from its streaming agreement with Franco-Nevada (Barbados) Corp and OR Royalties International Ltd. Says the funds, part of a broader USD750 million syndicated gold stream agreement, are released after "key technical milestones" are met. These include the completion and approval of the Cascabel project execution plan. "Multiple high-priority workstreams will be advanced, including early works mobilisation, land access, permitting activities, the feasibility study, and continued drilling at the Tandayama-America deposit," SolGold says. Engineering partner G Mining Services is preparing for field mobilisation during the current quarter, it says. Read More