SOLG MRE, page-54

SOLGOLD DRILLING, PEA, Feasibility Study etc- Schedules

Ref: "Cascabel Exploration Update 22 Dec 2017" Announcement or RNS.
Link: www.solgold.com. au

Highlights:
Taken "Notes to Editors" section

<>"To date Solgold has completed...... & 14km Mag ORION survey over the Alpala and other targets at Aguinaga, Parambas, Tandayama-America, Moran
& Chinambicito."

<>"To date, Solgold has d r i l l t e s t e d 5 of 15 targets being Alpala Northwest, Alpala West, Alpala Central, Hermatite Hill & Alpala Southeast."

<>"Solgold is focussing on extending the d i m e n s i o n s of the Alpala deposit including Alpala Central , Alpala Northwest, Alpala East, Alpala Southest,
Trevino & Carmen over the coming Quarter.

"Following the completion of the Maiden Resource Statement & THEN testing the other k e y targets within the Cascabel concessions at Aguinaga, Tandayama-America, Moran, Cristal , Parambas & Chinambicito."

<>"The co is currently planning further metallurgical testing & completion of an Independent Preliminary Economic Assessment & Pre-Feasibility Study at Cascabel."

[Preliminary Economic Assessment = PEA
Pre-Feasibility Study = PFS
Maiden Resource Statement= MRE -Ann/RNS out on 3 Jan 2018.

From the RNS itself of 22 Dec 2017 ["Cascabel Exploration Update"]:

<> "Further drill t e s t i n g will focus on:

* Extending & Infilling Alpala Central area with Rig 1, 6 & 5."
*"Expanding the system at Alpala Northwest & Trevino with Rig 8,9,10, 11 & 12."
*"Testing extensions of the system at Alapala Southeast with Rigs 2, 3 & 4."
*"Testing geochemical & magnetic targets at Alpala West & Carmen with Rig 7."
"There are currently 11 drilling rigs active at Alpala. The Cascabel drilling fleet will expand to 12 drills with the arrival of a large track mounted drill rig (Rig 12) during the last week of Dec 2017."

From the Ann/RNS of 26 Jan 2018 ["Alpala High Grade Expansion"]

<>"12 rigs now on site and operational at Alpala."

<>"AGUINAGA modeling nearing completion and drilling e x p e c t e d to commence in the M a r c h Q u a r t e r."


Comment:

On one Solg forum, one poster is asking about Chinambicito etc. So an outline. Please check as there can be typo errors.