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%.
