SolGold is implementing a strategic plan to assess its exploration assets throughout Ecuador thoroughly. These assets are held by four wholly owned subsidiaries, and through this comprehensive evaluation process, the company has successfully pinpointed numerous high-priority targets rich in copper and gold resources. The initial findings from SolGold’s regional exploration initiatives stand as a testament to the effectiveness of their approach. Notably, they have achieved remarkable results, such as the discovery of substantial copper-gold mineralization on the surface of the Cacharposa porphyry copper-gold target in Porvenir. Additionally, they have identified significant geochemical and geophysical indicators indicative of vast porphyry systems at various project sites, including Helipuerto, Rio Amarillo, and Cisne Loja.
SolGold has identified multiple targets at the Chical project, located 15km north-east of the Cascabel concession.
Location Carchi province, Northern Ecuador
Ownership 100%
Subsidiary Carnegie Ridge Resources S.A
Tenement Area 4 concessions, 166km²
Deposit Type Epithermal copper-gold
Located in northern Ecuador, Rio Amarillo is ~35km south-east of Alpala. Field activities have identified three lithocaps at Chalanes, Palomar and Varela.
Location Imbabura province, Northern Ecuador
Ownership 100%
Subsidiary Carnegie Ridge Resources S.A.
Tenement Area 3 concessions, 123 km2
Deposit Type Copper-gold porphyry
The Chillanes project is located in central Ecuador. Work to date includes stream sediment geochemical sampling, mapping and rock chip sampling.
Location Bolivar/Chimborazo province, Central Ecuador
Ownership 100%
Subsidiary Green Rock Resources S.A
Tenement Area 1 concession, 48km2
Deposit Type Copper-gold porphyry
The Salinas project is prospective for both Ag-Au-Cu epithermal and Cu-Au porphyry systems.
Location Bolivar province, Southwest Ecuador
Ownership 100%
Subsidiary Valle Rico Resources S.A.
Tenement Area 4 concessions, 188 km2
Deposit Type Gold-silver-copper epithermal
Located in south-eastern Ecuador, the Cisne Victoria project consists of an epithermal zone of alteration and mineralisation.
Location Morana Santiago province, Southeastern Ecuador
Ownership 100%
Subsidiary Cruz del Sol S.A.
Tenement Area 4 concessions, 170km2
Deposit Type Copper-gold Porphyry
Two areas of mineralised outcrop have been discovered at the Coangos project in southern Ecuador.
Location Morana Santiago province, South-eastern Ecuador
Ownership 100%
Subsidiary Cruz del Sol S.A.
Tenement Area 7 concessions, 305km²
Deposit Type Porphyry and epithermal copper-gold
SolGold has identified the Tinkimints copper prospect that is characterised by highly anomalous copper and copper/zinc in soil over a 1.5km by 1km area.
Location Morana Santiago province, South-eastern Ecuador
Ownership 100%
Subsidiary Cruz del Sol S.A.
Tenement Area 4 concessions, 184km²
Deposit Type Porphyry and epithermal copper-gold
The Cisne Loja project is located in southern Ecuador where SolGold has identified Celen as a high priority prospect.
Location Loja province, Southern Ecuador
Ownership 100%
Subsidiary Green Rock Resources S.A.
Tenement Area 3 concessions, 146km2
Deposit Type Epithermal gold and silver, Porphyry copper gold
At the Timbara prospect in southern Ecuador reconnaissance mapping and geochemical sampling have located prospective mineralised outcrops with chalcopyrite and bornite.
Location Zamora Chinchipe province, Southern Ecuador
Ownership 100%
Subsidiary Green Rock Resources S.A.
Tenement Area 12 granted sub-blocks (circa 38km²)
Deposit Type Copper-gold porphyry
The Porvenir project is located in southern Ecuador and contains copper-gold mineralisation indicative of a well-preserved, vertically extensive porphyry system. A Mineral Resource Estimate (“MRE”) for the Cacharposa deposit totalled 396.8Mt @ 0.44% CuEq for 1.40 Mt Cu, and 1.80 Moz Au in the Indicated category, plus 96.9 Mt @ 0.37% CuEq for 0.28 Mt Cu, and 0.38 Moz Au in the Inferred category, using a cut-off grade of 0.16% CuEq.
Location Zamora Chinchipe province, Southern Ecuador
Ownership 100%
Subsidiary Green Rock Resources S.A.
Tenement Area 4 concessions, 244 km²
Deposit Type Copper-gold porphyry
The Bella María project, located in southwestern Ecuador, approx 5 Km to the northeast from the Cangrejos Au porphyry deposit. Field work including mapping, stream sediment, soil, rock chemistry, and ground magnetic survey help to define multiple porphyry and related breccia targets.
Location El Oro province, Southwestern Ecuador
Ownership 100%
Subsidiary Bella María Mining S.A.
Tenement Area 1 concession, 14km²
Deposit Type Au-Cu porphyry and breccia targets
The Caña Brava project, located in southwestern Ecuador. Field work including mapping, stream sediment, soil, rock chemistry, and ground magnetic survey help to define high ranked porphyry and epithermal targets.
Location Loja/El Oro provinces, Southwestern Ecuador
Ownership 100%
Subsidiary Caña Brava Mining S.A.
Tenement Area 2 concessions, 61km2
Deposit Type Cu-Au porphyry and epithermal targets
The Espejo project, located in northern Ecuador, approx. 24 Km northeast from the Cu-Au-Ag Alpala deposit. Field work including mapping, stream sediment, soil, and rock chemistry; and helicopter magnetic survey help to define multiple Cu-Au porphyry and epithermal targets.
Location Carchi province, Northern Ecuador
Ownership 84% (16% ENAMI EP)
Subsidiary Cornerstone Ecuador S.A.
Tenement Area 4 concessions, 194.62 km²
Deposit Type Cu-Au porphyry and epithermal targets
The Playa Rica project, located in northern Ecuador, approx. 25 Km to the northeast from the Llurimagua Cu-Mo porphyry deposit, and 41 Km to the southwest from the Cu-Au-Ag Alpala porphyry deposit. Field work including mapping, stream sediment, soil, and rock chemistry; and helicopter magnetic survey help to define two Cu porphyry targets.
Location Imbabura province, Northern Ecuador
Ownership 84% (16% ENAMI EP)
Subsidiary Cornerstone Ecuador S.A.
Tenement Area 3 concessions, 128km2
Deposit Type Cu-Mo porphyry targets
The Río Magdalena project, located in northern Ecuador, approx. 15 Km to the northeast from the Llurimagua Cu-Mo porphyry deposit, and 68 Km to the southwest from the Cu-Au-Ag Alpala porphyry deposit. Field work including mapping, stream sediment, soil, and rock chemistry; and helicopter magnetic survey help to define two Cu porphyry targets.
Location Imbabura province, Northern Ecuador
Ownership 84% (16% ENAMI EP)
Subsidiary Cornerstone Ecuador S.A.
Tenement Area 2 concessions, 99.09 km²
Deposit Type Cu-Au-Mo porphyry targets
The Vetas Grandes project, located in southwestern Ecuador, approx. 18 Km to the southwest from the Loma Larga Au-Ag epithermal deposit. Field work including mapping, stream sediment, soil, and rock chemistry. Also, ground magnetic and induced polarization surveys help to define high ranked low to intermediate sulfidation epithermal system.
Location Azuay province, Southwestern Ecuador
Ownership 100%
Subsidiary Vetas Grandes Mining S.A.
Tenement Area 1 concession, 23km2
Deposit Type Au-Ag epithermal target
