BISHOPGATE, LONDON / ACCESSWIRE / November 13, 2018 / The Board of SolGold (LSE and TSX code: SOLG) is pleased to provide an update on recent drilling at the Company's Alpala Deposit in Northern Ecuador.
HIGHLIGHTS:
Recent drilling highlights expected to add significantly to an updated Mineral Resource Estimate (MRE) projected for release in December 2018 include: | ||
Hole 69 (Alpala Western Limb): 852m @ 1.14% CuEq, including 502m @ 1.55% CuEq, and 152m @ 2.49%CuEq. | ||
Hole 68 (Alpala Central): 664m @ 1.53% CuEq (open at depth), including 348m @ 2.25% CuEq, (1.26%Cu, 1.57g/t Au). | ||
Hole 67 (Alpala Central): 1028m @ 1.29% CuEq, equating to over 1320m%CuEq, including 544m @ 2.17% CuEq and a zone of intense porphyry mineralisation containing visible gold (146m @ 4.07% CuEq, 1.96%Cu, 3.36g/t Au). | ||
Hole 66 (Alpala NW): 633m @ 1.25% CuEq, including a zone of rich mineralisation containing visible gold (173m @ 2.46% CuEq, 1.36%Cu, 1.73 g/t Au). | ||
Hole 64 (Alpala NW-Trivinio): 402m @ 0.65% CuEq, including discovery of a new zone, north of the Alpala Breccia unit, containing primary bornite mineralisation (162m @ 0.95% CuEq) and warrants follow up drill testing which may lead to unearthing further evidence of a second system adjacent to the Alpala Deposit. | ||
An additional 82,400m metres of additional drilling (Holes 33-67) to be included in second MRE in December 2018 (Dec 2017 MRE estimated from only 53,616m of drilling). | ||
Click or paste the following link into your web browser, to view the announcement in full.
http://www.rns-pdf.londonstockexchange.com/rns/0759H_1-2018-11-12.pdf
CONTACTS
Nicholas Mather
| Tel: +61 (0) 7 3303 0665 |
Karl Schlobohm
| Tel: +61 (0) 7 3303 0661
|
Anna Legge
| Tel: +44 (0) 20 3823 2131 |
Gordon Poole / Nick Hennis
| Tel: +44 (0) 20 3757 4997 |
Andrew Chubb / Ingo Hofmaier | Tel: +44 (0) 20 7907 8500
|
Clayton Bush / Trystan Cullen / Laura Hamilton
| Tel: +44 (0) 20 3100 2222
|
Follow us on twitter @SolGold_plc
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SOURCE: SolGold PLC
View source version on accesswire.com:
https://www.accesswire.com/527848/SolGold-PLC-Announces-Cascabel-Exploration-Update
