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SolGold PLC Announces Environmental Licence Granted for Porvenir Project
Announces Environmental Licence Granted for Advanced Exploration Phase at Porvenir Project Environmental Licencesecured following completion of the Environmental Impact Study and public consultation process Preliminary Economic Assessment underway, ...
About this update from SolGold PLC
[{"type":"text","content":"Announces Environmental Licence Granted for Advanced Exploration Phase at Porvenir Project","length":90,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Environmental Licencesecured following completion of the Environmental Impact Study and public consultation process","length":115,"tagName":"p"}]},{"val":[{"type":"text","content":"Preliminary Economic Assessment underway, aiming to demonstrate scale and economic upside of the Cacharposa copper-gold deposit and will include results from recent c.2,600m of drilling as well as potential additional drilling, updates to market assumptions, and re-examined mining approaches","length":292,"tagName":"p"}]},{"val":[{"type":"text","content":"Given the significant potential scale of Porvenir, strategic options for the asset are under evaluation as the cornerstone asset of SolGold's ExploreCo strategy","length":164,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":571,"olType":false},{"type":"text","content":"BISHOPSGATE, LONDON / ACCESS Newswire / May 12, 2025 / SolGold (LSE:SOLG)(TSX:SOLG) is pleased to announce that the Government of Ecuador has granted the Environmental Licence ("Licence") for the Porvenir Project ("Porvenir" or the "Project"), located in southern Ecuador's Zamora Chinchipe province. The concessions that comprise the Project are held by Green Rock Resources S.A., SolGold's 100%-owned Ecuadorian subsidiary.","length":463,"tagName":"p"},{"type":"text","content":"The Licence, issued under Resolution MAATE-SCA-2025-0012-R by the Ministry of Environment, Water and Ecological Transition ("MAATE") and supported by a phase change declaration to the Advanced Exploration Phase from the Ministry of Energy and Mines, authorises SolGold to undertake a comprehensive suite of advanced-stage exploration activities. These include diamond drilling, trenching, geotechnical investigations, hydrogeological and metallurgical studies, and other related field programs to support Project development.","length":535,"tagName":"p"},{"type":"text","content":"The Licence covers all four Porvenir Project concessions, totalling 5,261 hectares. This includes the Cacharposa deposit and nearby porphyry targets such as Diablo, Mula Muerta, Eudis, Barolo, Pamal, and Balmore. Project development activities will proceed ...