leadf
logo-loader
viewScotgold Resources Limited

Scotgold updates on exploration work to increase inventory for Cononish

Scotgold will shortly become Scotland's only gold producing company

Scotgold Resources Limited -

Scotgold Resources Ltd (LON:SGZ) continues to build the resource inventory at the Cononish gold and silver mine.

The company has identified gold and silver anomalies to the north east of the mine that are consistent with the 'Mother Vein' structure.

Meanwhile, at the Beinn Udlaidh prospect the company has sampled 15.15 parts per billion gold, the highest value to date.

And at the Inverchorachan prospect multiple discrete anomalies have been identified, showing values as high as 22 ppb gold and 44 ppb silver.

First production at Cononish is due in November.

Quick facts: Scotgold Resources Limited

Price: 123.5 GBX

AIM:SGZ
Market: AIM
Market Cap: £66.79 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Scotgold Resources Limited named herein, including the promotion by the Company of Scotgold Resources Limited in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Scotgold Resources raise £3m to accelerate production at Cononish gold and...

Scotgold Resources Ltd's (LON:SGZ) Richard Gray talks to Proactive London's Katie Pilbeam about his plans to accelerate plans to double production at the Cononish gold and silver mine in Scotland. Gray explains the plans are on track for the mine to become Scotland's first commercial gold...

2 weeks, 2 days ago

2 min read