Confident?20 Nov 2018 07:12
SolGold's project is Ecuador. We have secured 100% interest in 11 other high priority copper gold targets throughout the 750 kilometre length of Ecuador and our aim is to define a pipeline of tier one and world class copper gold projects along a 750 km stretch of the most neglected sector of the Andean Copper Belt, the world's most prolific copper province. We aim to drill test these as soon as possible. The skills we've developed at Alpala will make the next generation of SolGold's discoveries even faster and more efficient.
SolGold holds the most extensive and best selected position over 72 licences, covering 11 major targets, as a result if our first mover advantage four years ago in Ecuador. Ecuador covers the same extent, age and gross geology as you see in Northern Chile, which covers 25% of the world's copper resources.
Alpala is just the beginning for SolGold and we can see the emergence of the Company as a copper gold major and Ecuador becoming one of the world's largest copper producers as a result
Global electrification is driving copper demand and "Copper is the new Iron Ore". It's a global 'must have'.
I take this opportunity to thank our staff, all 450 of them, 97% Ecuadorean, the local communities and our award winning Management team for delivery of this resource upgrade; and offer the Boards thanks to shareholders and investors, most recently BHP, for the support required to date.