Location of TAM, Alpala and Aguinaga deposits at Cascabel

SolGold (LSE, TSX: SOLG) and Cornerstone Capital Resources Inc. (TSXV: CGP) reached an agreement to work cooperatively in advancing the Cascabel Project in northern Ecuador by jointly exploring a range of strategic and financing options.

Differences in opinion over how to advance Cascabel came to a head late 2019 when SolGold started planning a hostile takeover of Cornerstone, which has a 15% stake in the project.

The immediate operational priority is for management to deliver of a new technical report for the project.

The Cascabel project includes the 2,663MT CuEq Alpala deposit, which features a core of 442MT at 1.40% CuEq; the Tandayama-America (TAM) Porphyry Copper-Gold target which produced its first drilling results in May; and the Aguinaga deposit.

Deja una respuesta

Tu dirección de correo electrónico no será publicada. Los campos obligatorios están marcados con *