StockMarketWire.com - SolGold said it had roughly doubled the mineral resource estimate at its Alpala Porphyry copper-gold deposit in Northern Ecuador.

The high-grade resource had risen 99% -- at a 0.96% copper equivalent cut off -- to 420m tonnes at 1.47% cooper equivalent.

Overall, the resource metal content rose 77% at a 0.3 copper equivalent cut-off and by 108% at a 0.2% copper equivalent cut-off.

'We are very happy with the rapid and inexorable growth of this resource and progression of the Alpala project,' chief executive Nick Mather said.

At 9:29am: [LON:SOLG] SolGold PLC share price was +3.23p at 39.23p



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