- SolGold said it had intersected copper and gold deposits while drilling at Alpala and Aguinaga prospects at its Cascabel project in northern Ecuador.

Extension drilling at Alpala Central was expected to extend the high-grade mineralisation along the lower and northeast margins of the deposit, the company said.

Infill drilling, meanwhile, was expected to contribute to an upgrade of the resource, where early-stage copper- and gold-rich intrusions appeared on drill evidence to be more continuous than previously modelled.

One hole in particular returned 458m at 0.71% copper equivalent, the company said.

Aguinaga drilling had confirmed near surface potential, with one hole identifying strong mineralisation 30m below surface, SoldGold added.

At 9:38am: [LON:SOLG] SolGold PLC share price was -0.02p at 22.98p

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