Solgold (SOLG)


SolGold issues Cascabel exploration update

SolGold has issued the final copper-gold assay results for the significantly mineralised portion of Hole 21 at its Cascabel copper-gold porphyry project in Ecuador.


- Hole 21 (CSD-17-021) at Hematite Hill assay results confirm a 20% (150m) strike-extension from 750m to 900m.

- Hole 21 collar is situated about 250m along strike to the southeast of the collars of Holes 23R (in progress) and Hole 16 (856m @ 0.80% Cu, 1.04g/t Au) returns: 844.0m @ 0.73 % copper and 0.43 g/t gold from 688.0m (at 0.30% CuEq cut-off); 670.0m @ 0.82 % copper and 0.51 g/t gold from 826.0m (at 0.50% CuEq cut-off); 304.0m @ 0.99 % copper and 0.63 g/t gold from 962.0m (at 0.70% CuEq cut-off).

- Holes 23R, 24, and 25 continue in mineralisation.