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SolGold

  • BY: Andrew Hore |
  • POSTED: 17/12/2014 |

SolGold has raised 1m at 3p a share to finance further exploration of the Cascabel project in Ecuador. 

The cash will finance phase 2 of drilling at the copper gold project. Hole 9 at the project has intersected more than 1km of visual copper sulphides. This provides further evidence of the potential for a copper gold resource at Alpala.

Further cash will be spent on maintaining the interests in Australia and the Solomon Islands. 

At 3.13p a share, the enlarged share capital is valued at 21.5m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFDecember2014_63.pdf

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