SolGold plc Announces New High-grade Copper and Gold Mineralisation Discovered Within Ecuador's Richly Copper-endowed Southern Jurassic Porphyry Corridor

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SolGold plc Announces New High-grade Copper and Gold Mineralisation Discovered Within Ecuador's Richly Copper-endowed Southern Jurassic Porphyry Corridor



Bishopsgate, London (FSCwire) - The Board of SolGold (LSE: SOLG; TSX: SOLG) is pleased to provide an update on exploration at its 100% owned La Hueca, Porvenir and Timbara Projects, in Southern Ecuador.  The prospects are held in the 100% owned subsidiaries Green Rock Resources and Cruz Del Sol S.A.

 

HIGHLIGHTS:

 

  • SolGold’s La Hueca, Timbara and Porvenir Project concessions cover 60km of strike along Ecuador’s Southern Jurassic porphyry corridor.

 

  • Two new copper targets discovered on the western side of the La Hueca Project.  Channel chip sampling returns 17.3m @ 3.87% Cu, 0.46 g/t Au (including 6m @ 9.39% Cu, 0.98 g/t Au).

 

  • New mineralised outcrops identified in the Porvenir Project that are rich in chalcopyrite, chalcocite, covellite, bornite (copper sulphide minerals) and malachite (copper carbonate mineral).

 

  • The southern Jurassic porphyry corridor is of similar age to nearby Fruta del Norte, Mirador and Santa Barbara deposits.

 

  • Detailed auger soil programs are planned for La Hueca, Porvenir and Timbara to further delineate drill targets.

 

Click on, or paste the following link into your web browser, to view the associated PDF document.

http://www.rns-pdf.londonstockexchange.com/rns/6517O_-2018-5-20.pdf

 

CONTACTS

 

Mr Nicholas Mather

Tel: +61 (0) 7 3303 0665

SolGold Plc (Chief Executive Officer)

        +61 (0) 417 880 448

[email protected]

 

 

 

Mr Karl Schlobohm

Tel: +61 (0) 7 3303 0661

SolGold Plc (Company Secretary)

 

[email protected]

 

 

 

Mr Ewan Leggat / Mr Richard Morrison

Tel: +44 (0) 20 3470 0470

SP Angel Corporate Finance LLP (Broker)

 

[email protected]

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

 

END



To view the associated document to this release, please click on the following link:
public://news_release_pdf/SolGold05212018_0.pdf



Source: SolGold plc (TSX:SOLG, LSE:SOLG, OTC Pink:SLGGF)

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