StockMarketWire.com - SolGold said it had encountered gold mineralisation from drilling work at its Blanca project in northern Ecuador.

The first hole had intersected a 30cm wide mineralised vein with visible gold, along with multiple thin sulphide-rich veins and mineralised fault zones.

Initial drilling supported the conceptual mineralising model that the Cielito vein system consisted of multiple stacked gold lenses with potential sub-vertical bonanza style feeder zones, the company said.


At 8:25am: [LON:SOLG] SolGold PLC share price was +0.67p at 19.33p



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