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Solgold Ord Shs T.SOLG

Alternate Symbol(s):  SLGGF

SolGold PLC is an Australia-based exploration company. The Company is focused on discovering and developing copper and gold deposits. The Company’s projects include Cascabel, Chical, Rio Amarillo, Chillanes, Salinas, Cisne Victoria, Coangos, Helipuerto, Cisne Loja, Porvenir and Timbara. The Cascabel project is located in Imbabura province, Northern Ecuador. The project covers approximately 50 square kilometers (Km2). The Chical project is located 15 kilometers (km) north-east of the Cascabel concession. Rio Amarillo is located in northern Ecuador, which is approximately 35km south-east of Alpala. The Chillanes project is located in Bolivar/Chimborazo province, Central Ecuador. The Salinas project is located in Bolivar province, Southwest Ecuador. The Cisne Victoria project is located in south-eastern Ecuador, which consists of an epithermal zone of alteration and mineralization. The Coangos project is located in Morana Santiago province, south-eastern Ecuador.


TSX:SOLG - Post by User

Comment by EvenSteven27on Jul 15, 2024 6:22pm
110 Views
Post# 36133745

RE:SolGold secures US$750M gold stream with mining heavyweights

RE:SolGold secures US$750M gold stream with mining heavyweightsYes, I agree. The most significant discovery in Ecuadorian history. But I see an area play developing here. SolGold, Adventus/Silvercorp, and Lundin are all great. I feel Cascabel will be the game-changer, though. I know, like everywhere, there is some Indigenous opposition to mining as a whole. But the benefits far outweigh the drawbacks. Legitimate mining is far better than crime organizations which are rampant. Mining can get Ecuador on its feet and the current president knows that. Ironically, it will provide jobs for the local people and fight crime... Just as long as mining is done responsibly...and, yes, we are all aware that there are pristine parts of Ecuador that should be left intact. 
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