IN BRIEF: SolGold Targeting Fertile Porphyry Systems At Rio Amarillo

Fri, 10th Jul 2020 14:59

SolGold PLC - Australian gold miner - Says magnetic data from Rio Amarillo porphyry cluster in Ecuador revealed a highly magnetic northeast-soutwest trending corridor. The company said extensive porphyry litho-caps and associated copper and gold mineralisation discovered at Rio Amarillo project are typical of the surface expression of large fertile porphyry copper and copper-gold systems. Drill testing expected to commence in 2020.

Current stock price: 22.27 pence

Year-to-date change: up 9.1%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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