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.
Highlights
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ABOUT SOLGOLD
SolGold is a leading resources company focussed on the discovery, definition and development of world-class copper and gold deposits. In 2018, SolGold s management team was recognised by the Mines and Money Forum as an example of excellence in the industry and continues to strive to deliver objectives efficiently and in the interests of shareholders. SolGold is the largest and most active concession holder in Ecuador and is aggressively exploring the length and breadth of this highly prospective and gold-rich section of the Andean Copper Belt.
The Company operates with transparency and in accordance with international best practices. SolGold is committed to delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.
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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% CuE
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