Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

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

SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensus 
News SummaryMost relevantAll newsSector newsTweets

Solomon Gold Drilling Commenced At Mbetilonga

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/30/2012 | 01:13pm CEST

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
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SOLGOLD PLC
05:08p DGR Global Strikes Agreement with Tribeca Investment Partners to Further Deve..
08/18 CORNERSTONE CAPITAL RESOURCES : Closes Balance of Previously Announced Share Exc..
08/18 SOLGOLD : Updated timetable for Main Market Admission
08/17 CORNERSTONE CAPITAL RESOURCES : Closes Balance of Previously Announced Share Exc..
08/09 SOLGOLD : Grant of Share Options
08/03 SOLGOLD : Results of Annual General Meeting
08/03 SOLGOLD : Cascabel Exploration Update
08/03 SOLGOLD : Cancellation of trading on AIM
08/03 SOLGOLD : Cascabel Exploration Update
08/03 SOLGOLD : Holdings in Company
More news
News from SeekingAlpha
2016 SOLGOLD : The Most Exciting Junior Miner Today
2016 RESOURCE SECTOR DIGEST : How Do You Like Your Money To Be Spent? A Look At Corpo..
Chart SOLGOLD PLC
Duration : Period :
SolGold plc Technical Analysis Chart | SOLG | GB00B0WD0R35 | 4-Traders
Technical analysis trends SOLGOLD PLC
Short TermMid-TermLong Term
TrendsNeutralBearishBullish
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 0,56  GBP
Spread / Average Target 49%
Managers
NameTitle
Nicholas Mather Chief Executive Officer & Executive Director
Brian Gerry Moller Non-Executive Chairman
Priyanka Sampath Jayasuriya Chief Financial Officer
Benn Whistler Manager-Technical Services
John Graham Bovard Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
SOLGOLD PLC56.02%727
BHP BILLITON PLC4.55%102 550
BHP BILLITON LIMITED1.32%102 550
RIO TINTO LIMITED5.49%82 675
RIO TINTO9.40%82 675
GRUPO MEXICO S.A. DE C.V.2.16%25 563