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

Market: AIM
Market Cap: £66.79 m

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