Bishopsgate, London (FSCwire) - The Board of SolGold (AIM code: SOLG) is pleased to provide an update on its 100% owned La Hueca Project.
HIGHLIGHTS:
77 granted licences now held in four wholly owned subsidiaries -3,198km²
Five geochemical targets identified covering 2.6km² in a 6km x 1km mineralised zone with rock chip values to 13.86% copper.
Field teams identify two additional outcrops of mineralised porphyry diorite within geochemical Targets 2 & 3.
The newly identified outcrop in Target 2 is located 400m away from the main La Hueca mineralisation. Samples displays intense stockworks of B-veins and magnetite veins with by up to 3% chalcopyrite, 2% bornite, 1% chalcocite and traces of malachite and native copper.
The other outcrop is located in Target 3, 1.5km from the main mineralisation. Characterised by a 5m wide quartz vein containing pyrite, chalcopyrite, Bornite, and minor chalcocite with surrounding area rich in magnetite, chalcopyrite and pyrite.
Additional technical personnel are being added to the field teams to fast track data collection for drill targeting and environmental permitting at the La Hueca Project - an exciting new 25km long mineralised porphyry corridor in Southern Ecuador.
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