SolGold (GB:SOLG) has released an update.
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SolGold has initiated geotechnical investigations at its Cascabel Copper-Gold Project in Ecuador, marking a crucial step towards delivering a significant copper-gold resource to meet global demand. The project, with a 28-year mine plan, shows promising potential with substantial copper, gold, and silver reserves and an after-tax internal rate of return of 24%. This phase of drilling will refine site understanding and contribute to finalizing the mine’s design, advancing SolGold’s strategic objectives in the resource sector.
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