SolGold PLC Exploration Update on Porvenir Project
Final assay results have been received for the first 580m of the first drill hole at Porvenir (PDH-20-001) returning 570m @ 0.69% CuEq (0.49% Cu, 0.27 g/t Au) from 10m to 580m at a cut-off grade of 0.20% CuEq (open at depth). Assay results from 580m to end of hole at 909.3m remain pending.
The overall intersection in PDH-20-001 to 580m depth includes zones of higher-grade material, coincident with the presence of early dioritic and monzonitic intrusions, including:
188m @ 0.73% CuEq (0.56 % Cu, 0.23 g/t Au) from 392 m to 580m depth at a cut-off grade of 0.30% CuEq (open at depth). Assay results from 580m to end of hole at 909.3m remain pending
106m @ 0.86% CuEq (0.67 % Cu, 0.25 g/t Au) from 474 m to 580m depth at a cut-off grade of 0.70% CuEq (open at depth).
Remaining assay results for PDH-20-001 are expected later this month, and assays received to date confirm the potential for the presence of a large strongly mineralised porphyry system at Cacharposa as indicated by previously reported visual estimates.