SolGold PLC Announces Cascabel Exploration Update finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Figure 2.
Drilling at TAM continues with three diamond drill rigs and further expansion of the TAM drilling fleet is planned (
Figure 3).
Figure 4.
The intersection of noteworthy porphyry stockwork mineralization encountered in Hole 9 in the deeper portions of the drilling area contains high abundance of B-type quartz-chalcopyrite veining (
Figure 5). This intense mineralization hosted within a pre-mineral intrusive breccia host rock suggests that a fluid-rich source intrusion may be intersected through further drilling at depth, and indicates the potential for a deeper bulk underground target that may lie beneath the current drilling area. Further drilling is planned to test for the potential of a deep-rooted porphyry system.
Provided by Accesswire
May 24, 2021 6:30 AM UTC
Drilling Results from Holes 1-7 at Tandayama-America Porphyry Copper-Gold Target, Cascabel, indicative of significant resource potential
BISHOPGATE, LONDON / ACCESSWIRE / May 24, 2021 / The Board of SolGold LSE:SOLG)(TSX:SOLG)(OTC PINK:SLGGF) is pleased to provide an update on its Tandayama-America ( TAM ) Porphyry Copper-Gold target which lies approximately 3km north of the Alpala Deposit that comprises 2,663 Mt at 0.53% CuEq in the Measured plus Indicated categories and contained metal content of 9.9 Mt Cu, 21.7 Moz Au and 92.2 Moz Ag [1], at the Company s Cascabel Project, held by Exploraciones Novomining S.A ( ENSA ), an 85% owned subsidiary of SolGold.
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