“I am very pleased to have Jiangxi become an investor in SolGold. They are a highly accomplished mining company and more importantly, 100% aligned with SolGold in ensuring all stakeholders are treated respectfully and fairly,” SolGold’s interim CEO Scott Caldwell said in a news release.
“This also clearly demonstrates another step forward on my previously announced commitment, to ensure the SolGold team works tirelessly to ensure shareholders are rewarded for funding this world class discovery in Cascabel,” Caldwell added.
SolGold’s Cascabel project, located in the Imbabura province of northwest Ecuador, is one of the most ambitious mining projects in a country that is keen to develop mineral resources to spur its sluggish economy.
Over the last two years, Ecuador has attracted a flurry of interest from big miners looking to increase their exposure to copper, and Cascabel is seen as one of its most prized assets….
