29th Jun 2015 08:42
LONDON (Alliance News) - SolGold PLC on Monday said it has made further progress on drilling at the Cascabel copper-gold project in Ecuador.
Drilling at Hole 11 at the site has now been completed, and the drilling rig has been moved with a view to starting work on Hole 12.
SolGold said it will report the assay results for Hole 11 soon and is currently preparing a further report on additional Cascabel project targets in the north west and south east of the prospect.
Shares in SolGold were down 1.4% to 2.44 pence on Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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