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Cascabel Exploration Update

FSCWIRE

Cascabel Exploration Update

Alpala Mineral Resource Update for December 2018

Bishopsgate, London (FSCwire) – The Board of SolGold (LSE and TSX code: SOLG) is pleased to provide an update on recent drilling at the Company’s Cascabel project in Northern Ecuador.

HIGHLIGHTS:

  • With over 124,000m of drill hole assays now received, a further 70,400m of drilling has been added to the existing Alpala Maiden Resource during 2018 of 5.2Mt of copper (2.3Mt Indicated, 2.9Mt Inferred) and 12.3MOz of gold (6Moz Indicated, 6.3MOz Inferred) (published January 2018 – refer Table B in the Notes to Editors for full details).
  • Approximately 32,000m of further drilling set to be completed at Alpala in 2018, significantly adding to the Mineral Resource Estimate (“MRE”) update.
  • Updated Mineral Resource Estimate projected for completion and release December 2018.

CONTACTS

Mr Nicholas Mather

Tel: +61 (0) 7 3303 0665

SolGold Plc (Chief Executive Officer)

+61 (0) 417 880 448

[email protected]

Mr Karl Schlobohm

Tel: +61 (0) 7 3303 0661

SolGold Plc (Company Secretary)

[email protected]

Ms Anna Legge

Tel: +44 (0) 20 3823 2131

SolGold Plc (Corporate Communications)

[email protected]

Mr Ewan Leggat / Mr Richard Morrison

Tel: +44 (0) 20 3470 0470

SP Angel Corporate Finance LLP (Broker)

[email protected]

Gordon Poole / Nick Hennis

Tel: +44 (0) 20 3757 4997

Camarco (Financial PR / IR)

[email protected]

Andrew Chubb / Ingo Hofmaier

Tel: +44 (0) 20 7907 8500

Hannam & Partners (Joint Broker)

[email protected]

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http://www.rns-pdf.londonstockexchange.com/rns/9584C_1-2018-10-4.pdf

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