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Cascabel Exploration Update

Cascabel Exploration Update


Bishopsgate, London (FSCwire) - The Board of SolGold (LSE and TSX code: SOLG) is pleased to provide an update on current drilling at the Cascabel Project, the Company’s 85% owned copper-gold porphyry project in Ecuador.

HIGHLIGHTS:

  • Cascabel drilling fleet expanding to 11 drills this month.  Two large track mounted drilling rigs on site.  A further two rigs have arrived at Ecuadorian port.

Alpala Central

  • Hole 30 intersects over 680m of visible mineralisation (592m-1276m).
  • Hole 30-D1 returned 542m @ 0.51 % CuEq, incl. 252m @ 0.64 % CuEq.
  • Hole 33 has intersected over 700m of visible mineralisation thus far (791m-1491m).

Alpala Northwest Expansion

  • Hole 26-D3 has intersected over 620m of visible mineralisation thus far (964m-1588m).
  • Rigs 8,9 and 11 being positioned to expedite Alpala Northwest expansion.

Alpala East Showing Promise

  • Hole 29-D1 returned 348m @ 0.47% CuEq (open-ended), confirming previously anticipated porphyry Cu-Au mineralisation at Alpala East.
  • Hole 29-D2 intersects over 420m of visible copper mineralisation (900m-1564m).
  • Holes 29-D3 has intersected over 240m of visible mineralisation thus far (949m-1192m).
  • Alpala East intersections grow the width of Alpala deposit by approximately 20-35%.

References to figures and tables relate to the version of this release on the Company’s website (www.solgold.com.au) or visible in PDF format by clicking the link below:

http://www.rns-pdf.londonstockexchange.com/rns/4450X_-2017-11-24.pdf


To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/solgold11242017.pdf
Source: SolGold plc (TSX:SOLG, AIM:SOLG, OTC Bulletin Board:SLGGF)

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