SolGold Plc (LON:SOLG)Mining
SolGold Plc is an Australia-based leading exploration company and emerging copper-gold major that focuses on the discovery and definition of world-class copper and gold deposits. The company has a first mover advantages in Ecuador, a highly prospective yet under-explored section of the Andean Copper Belt. The exploration of gold and copper are the core business of the company and it aims to deliver high value by discovering and defining world-class projects and maximizes funds, using a disciplined and established systematic approach to ensure low cost entry in to projects and to explore grassroots opportunities. It operates through offices in the UK, Australia, and Ecuador. The company is listed on the London Stock Exchange as LON: SOLG and Toronto Stock Exchange as TSX: SOLG.
The company has a large portfolio of gold, silver and copper projects in Ecuador, Australia and Solomon Islands. Alpala deposit, located in Andean Copper Belt In Ecuador, it hosts mineralization of Eocene age same age as numerous Tier 1 deposits along the Andean Copper Belt in Peru and Chile to the south. Its regional exploration projects are located in Carchi province, Northern Ecuador and have a tenement area of around 73 sq km. the company formed and initially funded four wholly owned subsidiary companies in Ecuador that include Green Rock Resources SA, Carnegie Ridge Resources SA, Valle Rico Resources SA, Carnegie Ridge Resources SA and Cruz del Sol SA. It has also identified 13 priority projects for second-phase exploration in Ecuador.
In Australia, the company operates through its two wholly owned subsidiaries that include Acapulco mining and Central Minerals in central and southeast Queensland. Its major projects include Mount Perry, Rannes, Normanby, Mt Pring, Cracow West and Westwood. In Solomon Islands operates Kuma and Mbetilonga license that are considered to be highly prospective for epithermal gold and Porphyry copper-gold deposits.
1 King Street, London, EC2V 8AU, United Kingdom