Ecuador Resources

[Lone Clone]

Solglod/Cornerstone Capital Cascabel Exploration Update

Drilling results promise further growth at Alpala Aguinaga Hole 6 intersects strong mineralisation 30m below surface

https://www.fscwire.com/newsrelease/cascabel-exploration-update-4

Bishopsgate, London (FSCwire) - The Board of SolGold (LSE and TSX code: SOLG) is pleased to provide an update on the drilling programs at Alpala and Aguinaga, at the Company's Cascabel project in Northern Ecuador.



HIGHLIGHTS:



Extension drilling at Alpala Central 'High-Grade Core" is expected to extend the high-grade mineralisation along the lower and northeast margins of the deposit.

Infill drilling at Alpala Central is expected to contribute to an upgrade of the resource, where early stage copper and gold rich intrusions appear on drill evidence to be more continuous than previously modelled.

Hole 55R returned 458m @ 0.71% CuEq (incl. 66m @ 1.17% CuEq).

Hole 41-D1-D2, has thus far intersected over 380m of visible copper sulphide mineralisation, including visual estimates of over 4% Chalcopyrite (drilling continues).

Hole 58 intersected approximately 980m of visible copper sulphide mineralisation, including estimates of over 2.5% Chalcopyrite (assay results pending).



CONTACTS



Mr Nicholas Mather Tel: [phone]

SolGold Plc (Chief Executive Officer) [phone]

[e-mail]



Mr Karl Schlobohm Tel: [phone]

SolGold Plc (Company Secretary)

[e-mail]



Ms Anna Legge Tel: [phone]

SolGold Plc (Public Relations/Investor Relations)

[e-mail]



Follow us on twitter @SolGold_plc



References to figures and tables relate to the version of this release on the Company's website (www.solgold.com.au) or visible in PDF format by clicking the link below:



http://www.rns-pdf.londonstockexchange.com/rns/5590U_1-2018-7-13.pdf



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 [e-mail] or visit www.rns.com.



To view the associated document to this release, please click on the following link:
public://news_release_pdf/solgold07132018.pdf

To view the original release, please click here



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