SolGold releases Ecuador resource estimate

SolGold has released a maiden mineral resource estimate for its Cascabel copper-gold project in Ecuador.

The estimate across both indicated and inferred classifications stood at 1.08 billion tons at 0.68% copper equivalent, the company said.

"This maiden estimate is a tremendous start and in our view by no means represents a final size or grade because the deposit is still growing," managing director Nick Mather said.

At 8:09am: (LON:SOLG) SolGold PLC share price was +2.7p at 31.05p