Sign up UNITED KINGDOM
Proactive Investors - Run By Investors For Investors

SolGold PLC drilling further extends deposit at Cascabel

SolGold says the average width of the Central Deposit at Alpala, one of the deposits at Cascabel, is 300m
SolGold PLC drilling further extends deposit at Cascabel
In total, the Alpala Central deposit now extends over 450m in length, 300m in width and 700m vertically.

Final assays from the fourteenth hole at SolGold’s (LON:SOLG) Cascabel project in Ecuador have confirmed more long stretches of copper and gold.

Intercepts included 768m at 0.50% copper and 0.45 g/t gold with a section of 222m at 0.83% copper and 1.08 g/t gold. 

SolGold says the average width of the Central Deposit at Alpala, one of the deposits at Cascabel, is 300m and remains open to the east and north-east.

Elsewhere, a second hole drilled from the site of Hole 15 is at a current depth of 724.9m and targeting extensions to the north of Hole 9 of Alpala.

Assays are also pending at Hole 16 from 764m that are expected to extend the 216m at 0.94% copper and 1.26g/t gold previously reported.

Hole 17, meanwhile, will be drilled from the same site as 16 and test up-dip extensions of the copper and gold mineralisation intersected in Holes 5 and 12, where the best results so far have been seen.

In total, the Alpala Central deposit now extends over 450m in length, 300m in width and 700m vertically.

PhilW.jpg
Why Invest In SolGold plc? Read More Here

Register here to be notified of future SOLG Company articles
View full SOLG profile

SolGold plc Timeline

Related Articles

GoldPour_570f84a790098.jpg
June 17 2016
The success of Orosur Mining Inc's efforts to rationalise operations and costs against a weaker gold price were laid bare today as it posted third quarter results.
gold bars and dollar bills
August 31 2016
Goldplat’s turnaround continues as local currency weakness, a stronger gold price and improved operational success all pull in the same direction
Picture of gold and dollars
August 03 2016
Earnings for the year to June will be at least double last year with production also ahead of target it said in August

© Proactive Investors 2016

Proactive Investor UK Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.