Member access

4-Traders Homepage  >  Shares  >  London Stock Exchange  >  SolGold plc    SOLG   GB00B0WD0R35

SOLGOLD PLC (SOLG)

8
SummaryQuotesChart AnalysisNewsCalendarCompanyFinancials 

Solomon Gold Drilling Commenced At Mbetilonga

04/30/2012 | 07:13am US/Eastern
Recommend:
0

Solomon Gold PLC (>> Solomon Gold plc), said Monday that Newmont has advised that MBT008, the first diamond drill hole for 2012, at the Hambusimaloso Prospect, is now at a depth of 400 meters, and subject to geological evaluation, is expected to be drilled to 700 meters.

MAIN FACTS:

-The drill hole is targeting highly copper anomalous results from trenching, including 80 meters at 1.76% copper, and 30 meters at 0.88% copper, within a coincident 600 meter diameter copper-molybdenum-bismuth soil geochemical anomalous zone. If success is delivered in hole MBT008 a second hole will be completed.

-Exploration at the Sutakiki Project is also underway.

-Guadalcanal Joint Venture or GJV is a joint venture between NVL Solomon Islands Ltd a subsidiary of Newmont Mining Corporation (NEM) and Solomon Gold PLC. Newmont is funding the exploration activities and is earning a 70% position in the GJV.

-By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275; razak.baba@dowjones.com

Stocks mentioned in the article : Solomon Gold plc
Recommend :
0
React to this article
Latest news on SOLGOLD PLC
09/10 SOLGOLD : Boosted By Positive Results From Cascabel Project In Ecuador
08/28 SOLGOLD : Cascabel Exploration Update
08/26 SOLGOLD : Assays Boost Confidence For Main Mineralised Zone At Cascabel
08/06 SOLGOLD : Finishes Drilling At Hole 7 In Ecuador
07/18 CORNERSTONE CAPITAL RESOURCES : Drilling Results
07/16 SOLGOLD : Confirms High Grade Copper and Gold Region At Cascabel
07/15 SOLGOLD : Issue of Equity
06/13 SOLGOLD : Finds Region Of Copper Mineralisation At Cascabel
05/20 SOLGOLD : Says Extensive Halo Mineralisation Found In Hole 6 At Alpala
05/20 SOLGOLD : Provides Cascabel Exploration Update In Ecuador
Advertisement
Chart
Duration : Period :
SolGold plc Technical Analysis Chart | SOLG | GB00B0WD0R35 | 4-Traders
Dynamic quotes  
ON
| OFF