In a statement, the company which has its parent company in Australia, said the Fauro Island work has recommenced in early August.
The first 88 rocks using BLEG (Bulk Leach Extractable Gold), a geochemical sampling / analysis tool used during gold exploration to accurately measure fine grained gold samples have been dispatched to Australia for analysis.
“The eight priority targets, as identified from the recent airborne magnetic and electromagnetic survey, as well as previous ground based exploration, are being followed-up with trench sampling,” the statement said.
During that initial work in early 2010, rock chip samples taken indicated grades of up to 169g/t gold and in some cases visible gold was present.
Commenting on the news, Nicholas Mather, Solomon Gold Chief Executive, said in the Solomon Islands, trenching and sampling has recommenced at Fauro Island, on eight priority targets some identified by previous explorers.
Solomon Gold’s initial ground reconnaissance in early 2010, and the recent airborne magnetic and electromagnetic survey.
Work on the Guadalcanal Joint Venture, now being managed by Newmont, is focussed on drill testing the porphyry targets at Chikora which has commenced, advancing the Mbetilonga and Kuma projects, and conducting regional reconnaissance sampling within the Central prospecting license, he added.
Solomon Gold original and core gold exploration projects are located on the Solomon Islands and remain a major focus of the Company.
However, the company has extended its strategy to include becoming an integrated gold explorer, developer and miner with projects in lower risk theatres as well as the Solomon Islands.
Solomon Gold carries a diverse portfolio of higher risk high reward exploration projects in the country and lower risk projects which are more advanced towards resource definition in Queensland, where exploration costs are approximately one third of that in Melanesia.
Solomon Gold's projects include Guadalcanal and Fauro and Rannes, Mt Perry and Normanby (Queensland, Australia).
By MOFFAT MAMU
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