8th Jul 2021 21:52
SolGold - Brisbane-based gold and mineral exploration company - "Encouraged" by regional exploration program in Ecuador, particularly at the Porvenir project in Southern Ecuador.
The exploration program sees strong gold drilling results and visible copper-sulfide mineralization from current drilling. Drill holes 8 to 13 at Cacharposa have intersected further significant copper and gold mineralisation, including several globally significant intercepts, company says.
Highlights include 106 metres at 1.02% copper equivalent, 108 metres at 0.97% copper equivalent, 70 metres at 0.73% copper equivalent and 174 metres at 0.92% copper equivalent.
The company operates throughout Ecuador, utilizing 4 wholly-owned subsidiaries.
The company's current Rio Amarillo and Sharug projects in Ecuador will begin this quarter.
Current stock price: 27.50 pence
IPO-to-date change: down 15%
By Aidan Lane; [email protected]
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