Strong Copper‐Gold Mineralisation Discovered at
Surface at Aguinaga, Cascabel, Northern Ecuador.
Characteristic Similarities to Alumbrera.
The Board of SolGold (AIM code: SOLG) is pleased to provide the following exploration update for the
Company's Cascabel copper‐gold porphyry project in Ecuador (Figure 1).
HIGHLIGHTS:
ØPorphyry stock‐work copper‐gold mineralisation discovered at surface at Aguinaga,
1.6km north of Alpala.
ØRock‐saw channel results over the exposed area return an open ended intersection of
9.0m @ 1.01 % Cu, and 0.79 g/t Au.
ØGeophysical and geochemical similarities to Alumbrera copper mine in Chile.
ØSecond target over 1 billion tonnes at Cascabel.
FURTHER INFORMATION:
After reconnaissance field‐work initially located mineralised porphyritic diorite along the northern
slope of Aguinaga Hill, subsequent detailed, 1:500 scale, 'Anaconda' style geological and structural
mapping has led to the discovery of porphyry stock‐work copper‐gold mineralisation outcropping at
surface.
Mineralisation is exposed along the upper section of Aguinaga Creek, where classic porphyry style 'B'‐
type quartz‐magnetite‐chalcopyrite‐bornite stock‐work veining occurs within porphyritic diorite
(Figure 2).
The outcropping mineralisation is accompanied by potassic (biotite) alteration and remains open to
the north where creek sediments and jungle limit further surface exposure. Potassic alteration and
bornite is highly diagnostic of the core mineralisation in a porphyry copper‐gold system.
Rock‐saw channel sampling results over the exposed outcrop returned an open ended intersection of
9.0m @ 1.01 % Cu, and 0.79 g/t Au (Table 1, Figure 3).

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