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View imagery from our Alpala operations

ALPALA

The Alpala deposit is the main target in the Cascabel concession, located on the northern section of the heavily endowed Andean Copper Belt, the entirety of which is renowned as the base for nearly half of the world’s copper production.  The project area hosts mineralisation of Eocene age, the same age as numerous Tier 1 deposits along the Andean Copper Belt in Chile and Peru to the south.  The project base is located at Rocafuerte within the Cascabel concession in northern Ecuador, an approximately three hour drive on sealed highway north of Quito, close to water, power supply and Pacific ports.

Alpala has produced some of the greatest drill hole intercepts in porphyry copper-gold exploration history, as exemplified by Hole 12 (CSD-16-012) returning 1560m grading 0.59% copper and 0.54 g/t gold including, 1044m grading 0.74% copper and 0.54 g/t gold.

PROJECT OVERVIEW

Location Imbabura province, northern ecuador

Tenement area 50km2

Elevation 600-1800m

Ownership 85% ESNA

Status Advanced exploration, drilling

Infrastructure 3 hour drive from Quito 180km from deep water port, Esmeraldas 30km from Hydropower Network

Deposit type Copper-gold porphyry

The tenement lies on the margin of the Eocene and Miocene metallogenic belts which are renowned for hosting some of the world’s largest porphyry copper and gold deposits

GEOLOGY & MINERALIZATION

Northern Ecuador lies within the under-explored northern section of the richly endowed Andean Copper Belt, which extends from Chile in the south to Colombia in the north and then north-west into Panama. The tenement lies on the margin of the Eocene and Miocene metallogenic belts which are renowned for hosting some of the world’s largest porphyry copper and gold deposits, like the giant La Escondida Copper Mine in Chile, which is the world’s largest producer of copper and hosted within the same age host rocks as Cascabel.

The project is located within the Cordillera Occidental (or Western Cordillera) of the Ecuadorian Andes. Basement rocks consist of ocean floor basalts and sediments of Cretaceous age. High-level Eocene (and possibly Late-Miocene) batholiths and associated granite, granodiorite and diorite bodies intrude volcanic and sedimentary rocks of Cretaceous to Tertiary age. The regional controls that localise gold and copper mineralisation at Cascabel are intimately related with the three-dimensional interaction of deep seated NE-trending 1st order (arc-parallel) structures, with NW-trending 2nd order (arc-normal) faults, and NNW-trending 3rd order structures.

Within the Cascabel concession, volcanic and sedimentary rocks are intruded by a number of Quartz diorite, diorite and hornblende diorite stocks and dykes. The SolGold field teams completed 1:500 scale, “Anaconda” style geological mapping over the tenement area and all high priority porphyry target centres have been elevated to drill ready status.

INVESTORS

The Company is listed on the London Main Board and Toronto Stock Exchange under the code ’SOLG’

STATE OF THE ART MAGNETIC MODELLING
COINCIDENT GEOCHEMICAL SIGNATURES (SOIL & AUGER)
HIGHLIGHTING MULTIPLE PORPHYRY CENTRES
ALPALA MINERAL RESOURCE ESTIMATE (21.7 Moz Au, 9.9Mt Cu, 92.2Moz Ag)
METALLURGICAL OVERVIEW

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