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SolGold PLC - Ecuador-focused exploration company - Reports assay results from three additional drill holes at Tandayama-America deposit, which is part of the copper-gold Cascabel project complex in northern Ecuador. Finds 0.59 grams of gold per tonne and 1.10% copper equivalent at TAD-25-058 in pit 2. SolGold calls the intercepts ‘exceptional’, noting that they continue to confirm a strong potential for a low-capex, near-surface open-pit starter operation to speed up early cash flow at Cascabel. Chief Executive Officer Dan Vujcic says: ‘TAD-58 is one of the most robust results we’ve seen from Cascabel to date - with high grades from near surface over substantial widths in a location that aligns with our open-pit to underground strategy. These results continue to show the potential to deliver early, high-margin tonnes from Tandayama-the kind of material that can provide valuable flexibility in the development of Cascabel.’ Current stock price: 14.70 pence each, up 24% on Friday afternoon in London 12-month change: up 45% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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