Last checked at 19 Dec 2013 07:00
19 December 2013
SolGold plc
("SolGold" or the "Company")
SolGold 2013 Annual Report
The Board of SolGold Plc (SolGold or the Company) is pleased to advise all shareholders and interested investors of the release of the Company's Annual Report. A full copy of the report is available via the Company's website ( www.solgold.com.au ) or by clicking the link below:
http://www.rns-pdf.londonstockexchange.com/rns/9467V_-2013-12-19.pdf
Those shareholders who have elected to receive their copy via email or post will do in the next ten days.
By order of the Board
Karl Schlobohm
Company Secretary
Contact details:
Mr Alan Martin
SolGold Plc (CEO and Managing Director) Tel: +61(0)488 223 828
amartin@solgold.com.au
Mr Nicholas Mather Tel: +61 (0)7 3303 0665
SolGold Plc (Executive Director)
nmather@solgold.com.au
Mr Karl Schlobohm Tel: +61 (0)7 3303 0661
SolGold Plc (Company Secretary)
kschlobohm@solgold.com.au
Mr Ewan Leggat / Ms Katy Birkin Tel: +44 (0)20 3463 2260
SP Angel Corporate Finance LLP (Broker)
Ewan.leggat@spangel.co.uk
Mr Stephen Weir Tel: +61 (0)2 9250 0048
RFC Ambrian Limited (Nominated Advisor)
stephen.weir@rfcambrian.com
Mr Dominic Barretto / Ms Anna Legge Tel: +44 (0)20 3664 4087
Yellow Jersey PR Limited (Financial PR)
dominic@yellowjerseypr.com
NOTES TO EDITORS
SolGold's exploration projects are located in northern Ecuador, Australia, and the Solomon Islands. In Ecuador, they consist of a JV with Cornerstone Capital Resources Inc. on the Cascabel copper-gold project. In Australia, SolGold holds 100% of the Rannes, Mt Perry, Cracow West and Normanby Projects, all in southeast Queensland. In the Solomon Islands they comprise the Fauro Project (located on Fauro Island), and the Lower Koloula, Malukuna and Kuma licenses which are located on Guadalcanal.
The Cascabel copper-gold project is located approximately 180 km by sealed north of Ecuador's capital, Quito, 20 km south of the Colombian border, and 75 km inland from the coastal city of San Lorenzo.
At the Rannes project SolGold has announced indicated and inferred resources of 18.7 million tonnes at 0.9 g/t gold equivalent (gold + silver) for 550,146 ounces of gold equivalent (296,657 ounces of gold and 10,137,736 ounces of silver; see announcement dated 23 May 2012 for details of the resource statement and gold equivalent ratios). The Rannes project is currently under review.
In the Solomon Islands, a JV partner is being sought for the Fauro project to pursue drilling of gold-copper targets defined in the 2011 exploration program.
SolGold's strategy is to be an integrated gold and copper discoverer, developer and miner.
SolGold's Board includes accomplished professionals with strong track records in the areas of exploration, mine development, investment, finance and law. Board and Management have significantly vested interests in the Company, holding approximately 14% of its issued share capital.
SolGold is based in Brisbane, Queensland, Australia. The Company listed on London's Alternative Investment Market (AIM) in 2006, under the AIM code 'SOLG' and currently has a total of 603,895,309 fully-paid ordinary shares, 19,608,000 options exercisable at 50p, 11,000,000 options exercisable at 28p, 8,000,000 options exercisable at 14p, and 3,000,000 options exercisable at 6p on issue.