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LONDON (Alliance News) - SolGold PLC on Wednesday said a second drill rig has arrived at the Cascabel copper-gold porphyry project in Ecuador and is being prepared for the T1 target site at the Alpala prospect.
Hole 12 at the site is now at a depth of 647.6 metres, and the group said it has seen encouraging copper mineralisation, increasing with depth, at the drill hole.
It added that strong visible copper mineralisation was intersected in Hole 12 and said the Alpala prospect has now been extended to over 450 metres.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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