SolGold PLC Exploration Update on Porvenir Project
SolGold

SolGold PLC Exploration Update on Porvenir Project

SolGold has provided an update on its Porvenir Project, held by Green Rock Resources SA, a 100% owned and unencumbered subsidiary of SolGold.

Highlights

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.

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