SolGold bolstering its fleet, expediting Alpala PFS

Exploration company SolGold, which is advancing the Cascabel project in Ecuador, is expanding its drilling fleet to expedite its prefeasibility study (PFS) of the Alpala deposit by the end of the first quarter next year.

The Brisbane, Australia-based company will have a total of 15 drill rigs active on Cascabel by next month to expedite the data collection ahead of the Alpala PFS deadline, the Toronto- and London-listed company said on Friday.