3rd Dec 2020 22:01
SolGold PLC - Australian gold and copper mining company - "Encouraged" by assay results from drill holes 1 and 2 from Porvenir project in southern Ecuador. Results from drill hole 1 includes 748 metres 0.59% copper equivalnent from 10 metres to 758 metres at a cut-off grade of 0.10% CuEq. Drill hole 2 results include 500 metres at 0.51% CuEq from 0 metres to 500 metres at a cut-off grade of 0.10% CuEq.
"Encouragingly, the results continue to demonstrate the size and complexity of the Cacharposa system and further drilling will increasingly define the geometry and dimensions of the Cacharposa system. The Green Rock team is performing a very high quality and focussed program endorsing SolGold's strategy of a multi-directional and coincident exploration effort on 14 wholly-owned targets throughout Ecuador," Nicholas Mather adds.
Current stock price: 38.60 pence
Year-to-date change: up 93%
By Paul McGowan; [email protected]
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