Codelco-World*s Largest Copper Miner>Ecuardo

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    "Chile*s Codelco Inks Deal On Ecuador Copper Project."-Mining.com 24 hrs ago, Mon 12 Mar 2018

    Link:




    Quote:

    "The project will wrap up advanced exploration this year and then feasibility studies will begin, Ecuador*s Mines Minister Rebecca Illescas said at the Ecuador Embassy in Santiago where the agreement was signed."

    "Ecuador*s state owned miner Enami will own 51% in LLURIMAGUA and Codelco 49%."

    "No estimates on the cost of developing the deposit or how much copper it might produce was immediately available."

    Note:

    Link: www.solgold.com.au/presentations/

    Pg 7: Map - Solgold Mar 2018 Presentation
    shows where Llurimagua is. The old name was JUNIN which is the near or next door neighbour to Solgold*s Cascabel in Ecuador.

    "Junin-982Mt @0.89% Cu"

    Solgold Maiden Resource Statement - Ann, 3 Jan 2018
    "12oMt High Grade Core @1.8% CuEq {Indicated} Within
    1.08Bt @0,68% Cu Eq {5.2Mt Cu, 12.3 Moz, 40% Indicated]"

    www.solgold.com.au

    Comment:

    Interesting developments. Also that DGR tweeted the story.
 
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