Case study category: Ecuador

SolGold has identified multiple targets at the Chical project, located 15km north-east of the Cascabel concession. project overview 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. project overview 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. project overview 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. project overview 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. project overview 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. project overview 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. project overview 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. project overview 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. project overview 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…

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. project overview Location El Oro province, Southwestern Ecuador Ownership 100% Subsidiary Bella María…

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. project overview 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…

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. project overview Location Carchi province, Northern Ecuador Ownership 84% (16% ENAMI EP) Subsidiary Cornerstone Ecuador S.A.…

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. project overview…

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. project overview…

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. project overview Location Azuay province, Southwestern…