guadalcanal joint venture - solomon islands update - InfoMine
guadalcanal joint venture - solomon islands update - InfoMine
guadalcanal joint venture - solomon islands update - InfoMine
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
anomalous gold and copper geochemistry. The project area contains significant areas<br />
of altered rock consistent with a high sulphidation epithermal environment, and<br />
geochemical and geophysical signatures that suggest the potential for porphyry style<br />
mineralisation. The area of extensive alteration at Kuma has never been drilled. The<br />
technical data is currently under further review and a technical <strong>update</strong> will be provided<br />
in due course.<br />
An exploration program will commence once the PL renewal has been granted and<br />
access agreements signed with traditional owners.<br />
Malcolm Norris, CEO of SolGold commented: "We are pleased with this outcome. It<br />
provides exposure to a cash settlement for a portion of the GJV, and delivers us<br />
a highly prospective, 100% held project at no cost, supported by significant<br />
historical data, and manageable within our current portfolio. This is consistent<br />
with our stated strategy as we continue to build a robust gold-copper portfolio."
Change language