Some good news from SOLG
SolGold (LON:SOLG) also released a positive set of drill results this week, reporting that drilling at the Rannes gold-silver project showed that gold mineralisation is present in additional areas, beyond the current resource model.
Thirteen drill holes were completed outside the modelled area, aimed at increasing resources and finding higher gold grades.
The findings included one hole which encountered three lodes – with a 2.2 metre interval at gold grade of 2.36g/t, 2 metres at 3.03g/t and 2 metres at 3.84 g/t. Meanwhile sampling found up to 6.12 grams per tonne (g/t) gold and 12.3 g/t silver.
"We are encouraged by the results from the recent drilling,” said chief executive Malcolm Norris.
“We are seeing some higher grade intersections, and we are seeing some good intersections in areas outside of the current resource block model.
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