Source - SMW
SolGold has provided an update on the assay results from Holes 24 and 25 at Cascabel, its copper-gold porphyry project in Ecuador.

Hole 23R assay results are delayed in the laboratory.

HIGHLIGHTS:

- Hole 23R (Rig 1 Alpala Central) assay results - delayed in laboratory.

- Hole 24 (Rig 3 Alpala Southeast) assay results: 586.0m @ 0.43% copper equivalent (0.27% Cu, 0.25 g/t Au) from 636m; 160m @ 1.04% copper equivalent (0.63% Cu, 0.65 g/t Au) from 738m.

- Hole 24 intersection represents robust mineralising porphyry system at depth.

- Hole 24 extends Alpala Deposit known mineralised corridor to approximately 1300m.

Hole 25 (Rig 2 Hematite Hill) assay results: 776.0m @ 0.77% copper equivalent (0.58% Cu, 0.30 g/t Au) from 754m; 238m @ 1.76% copper equivalent (1.31% Cu, 0.70 g/t Au) from 772m; 100m @ 3.59% copper equivalent (2.64% Cu, 1.51 g/t Au) from 772m.

- Hole 25 intersection includes high-grade panel of intense bornite mineralisation representing upper portion of previously unknown porphyry apophysis at Alpala East.