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Solgold announces 1Bt maiden Cascabel resource

One of the most eagerly awaited maiden resource estimates for some time has finally hit the wires with SolGold (LN:SOLG) reporting a NI 43-101 compliant resource of 1.08 billion tonnes grading 0.68% copper-equivalent at the Alpala deposit of its Cascabel copper-gold porphyry project in Ecuador.

Solgold announces 1Bt maiden Cascabel resource Solgold announces 1Bt maiden Cascabel resource Solgold announces 1Bt maiden Cascabel resource Solgold announces 1Bt maiden Cascabel resource Solgold announces 1Bt maiden Cascabel resource

The Alpala block model

Alpala hosts 5.2Mt of copper and 12.3 million ounces of gold resources, with 40-60% of that in the indicated category. That is based on a 0.3% CuEq cutoff, a copper price of US$2.80 per pou...