SolGold pushing ahead at Cascabel
Solgold shares have risen over 82% since mid- January to where they stand now
Company
LON:SOLG
SolGold is a leading resources company focussed on the discovery, definition and development of world-class copper and gold deposits. In 2018, SolGold's management team was recognised by the "Mines and Money" Forum as an example of excellence in the industry and continues to strive to deliver objectives efficiently and in the interests of shareholders. SolGold is aggressively exploring the length and breadth of this highly prospective and gold-rich section of the Andean Copper Belt which is currently responsible for c40% of global mined copper production.
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Solgold shares have risen over 82% since mid- January to where they stand now
Cascabel plays host to multiple targets and has already unearthed world class drilling intersections over 1km..
Shares in copper and gold explorer SolGold PLC went north as it updated further on progress of two holes at the Cascabel prospect in Ecuador.
Shares in explorer SolGold PLC added 2.16% to 3.55p on Friday morning as results from hole 16 in Ecuador continued to impress.
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Explorer SolGold PLC updated on progress at two holes at its Cascabel prospect in Ecuador, one of which continues to hit significant copper, which is increasing at depth.
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The discovery is at the surface 400m south of Alpala Creek and points to a new target area at Alpala South.
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SolGold says the average width of the Central Deposit at Alpala, one of the deposits at Cascabel, is 300m
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