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CORRECT: SoldGold Drilling At Porvenir Shows Good Results

14th Oct 2020 08:27

(Correcting year-to-date change in stock price.)

SolGold PLC - exploration company focused on Ecuador - Says first drill hole at Porvenir project in southern Ecuador, held by subsidiary Green Rock Resourcces SA, has intersected chalcopyrite mineralisation at around 6%. Says a second hole is being drilled to fully transect the interpreted core of the system. Says a second drill rig is planned to be mobilised to Cacharposa Cree, within Porvenir, later this month. Says there is growing potential for a large, strongly mineralised porphyry copper-gold system at Cacharposa, and the company is planning a larger revised 50,000 metre drilling program.

Current stock price: 37.88 pence

Year-to-date change: up 89%

By Greg Roxburgh; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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SolGold
FTSE 100 Latest
Value8,809.74
Change53.53