Lavras Gold

SolGold plc: Regional Program Exploration Update

BISHOPSGATE, LONDON / ACCESSWIRE / December 20, 2017 / The Board of SolGold (AIM code: SOLG) is pleased to provide an update on its 100% owned La Hueca Project, held by Cruz del Sol S.A, a 100% owned subsidiary of SolGold.

HIGHLIGHTS:

  • The newly identified outcrop in Target 2, located 400m away from the main La Hueca mineralisation has returned strongly mineralised rock chip results.
  • Mineralisation has been returned along the fault breccia over 250m and is open along strike in both directions.
  • Best rockchip assays include:
    • 2.23% Cu, 0.21 g/t Au, 4.45% Zn in R02000494
    • 2.13 % Cu, 0.13 g/t Au, 1.53% Zn in R02000492
    • 2.07 % Cu, 0.24 g/t Au, 0.63% Zn in R02000495
    • 2.01 % Cu, 0.11 g/t Au, 0.5% Zn in R02000490
  • Rockchip samples from Target 3 also returned anomalous copper and gold results including from localised float material. Best results included:
    • 3.52 % Cu, 0.97 g/t Au in R02000460
    • 0.55% Cu in R02000501
  • Other regional project areas are yielding encouraging results summarised in this release.
  • Maiden Mineral Resource Estimate for Alpala remains on track for delivery this week.

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