RE: Hannam Broker note25 May 2021 00:47
.......SOLG has released results from Holes 1 –7 at the TAMporphyry copper-gold target, highlighting the sites significant resource potential with numerous intercepts of over 100m% copper equivalent. Hole 3 returned 1,040m at 0.33% CuEq, including 350m at 0.45% CuEq and Hole 7, the most recent to date, returned 522m at 0.38% CuEq, including 230m @ 0.44% CuEq. Further results are expected shortly with holes 8 –10 pending assay results and Holes 9 and 10 currently drilling. Additional diamond drill rigs are being mobilised to the site to expedite drilling on the back of the positive results to date. The deposit forms a 750m x 500m northwest trending corridor extending from surface to over 1,200m and remains open to the northwest, southeast and at depth...."
"Hole 3 returned 1,040m at 0.33% CuEq, including 350m at 0.45% CuEq and Hole 7, the most recent to date, returned 522m at 0.38% CuEq, including 230m @ 0.44% CuEq...."
As copper prices rise inexorably...these grades will become VERY respectable and easily qualify as 'commercial grade'.
These are genuinely very respectable results.
Z