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SolGold PLC Announces Cascabel Exploration Update
December 17, 2020 GMT
First Drill Hole at Tandayama-America Discovers Highly Mineralised System
BISHOPSGATE, LONDON / ACCESSWIRE / December 17, 2020 / The Board of SolGold (LSE & TSX: SOLG) is pleased to provide an update on its Cascabel Project, held by Exploraciones Novomining S.A, an 85% owned subsidiary of SolGold.
Highlights
Drilling at Tandayama-America porphyry copper-gold target is currently intersecting strong visible chalcopyrite copper sulphide mineralisation within a quartz-diorite intrusion.
The mineralisation intersected at Tandayama-America is very similar to the “QD10” quartz-diorite source intrusion at the Company’s flagship Alpala Project which lies only 3km to south. The QD10 source intrusion at Alpala is almost wholly responsible for the presence of the high-grade core of the deposit which has 442 Mt at 1.40% CuEq containing 3.8 Mt Cu and 12.3 Moz Au in the measured plus indicated categories.