SOUTHERN ECUADOR WHERE SOLGOLD*S PORVENIR LIES:
"S. R reports 1,004 METRES of --0.71 CU EQ-- from surface, expands Warintza Central."- Junior Mining Network, 23 Nov 2020
https://www.juniorminingnetwork.com/junior-miner-news/press-releases-2819-tsx-venture/sls/88144-solaris-reports-1-004m-of-0-71-cueq-from-surface-expands-limits-of-warintza-central.html
S.R reports THREE ADDITIONAL HOLES from the ongoing 40,000m drilling in Warintza, South-Eastern Ecuador.
"SLS 04 returned 1,004m of 0.71%cueq [ 0.59% cu, 0.03% Moly, 0.05 g/t au gold] including 824m of 0.77% cuEq [0.64% cu copper, 0.03 % Mo & 0.05g/t au.
SLS 04 returned 918m of 0.5% CU EQ [0.43%Cu, 0.01% Moly, 0.04 g/t au] including 306m of 0.62% cu eq [0.52% cu, 0.02% moly, 0.04g/t au].
SLS 05 returned 884m of 0.62% CU EQ [0.5% cu 0.03% moly, 0.04g/t au]
CEO commented: Warintza Central continues to demonstrate the potential to become a LARGE, H I G H - G R A D E, open-pit, with the LIMITED OF THE MINERALISATION YET TO BE FOUND." ["Cu eq uses copper at $3/lb & gold at $1,500/oz]. We have added a more powerful rig to test this with capacity to 1, 500 M E T R E S. Warintza Central is presently defined as 124Mt of Inferred at 0.7% Cu E [0.56% Cu copper, 0.03% Moly , 0.1g/t au gold]."
====SOLGOLD RNS 4 Nov 2020:
"FIRST DRILL HOLE ASSAYS TO 580M AT PORVENIR RETURN 570m at 0.69% CU EQ, OPEN AT DEPTH."
"including 188m at 0.73% cu eq [0.56% cu copper, 0.23g/t au gold] & 106m at 0.86% CU EQ [0.67% cu, 0.25g/t au."]
"Assay results from 580m to END OF HOLE at 900.3M remain PENDING."
https://twitter.com/SolGold_plc/status/132890162569564161
My Comment:
S.R considers their grades to be "HIGH-GRADE". S.R is near Solgold*s PORVENIR in Southern Ecuador.S.R is a Canadian listed co with mkt cap of some C$535 Million @C$6.00.
Sol1, Thur, 26 Nov 2020.
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