SOLGOLD - A MAJOR PLAYER IN ECUADOR
Since 2017, Australian mining companies have purchased over 535,000 ha of mining concessions in Ecuador. Many of these concessions are in environmentally sensitive landscapes, such as mega-diverse rainforests, fragile Andean moors, the headwaters of the Amazon and the critically endangered cloud forests of north-western Ecuador. Thousands of hectares of protected forest reserves and indigenous territories are also threatened by these large Australian mining companies.
SOLGOLD AND ITS SUBSIDIARIES HOLD AROUND 320,000 HECTARES, OR ~60% OF ALL AUSTRALIAN MINING CONCESSIONS IN ECUADOR.
As of September 2019, Solgold has five subsidiary companies registered in Ecuador covering over 320,000 ha. These subsidiary companies are: Exploraciones Novomining S.A. (ENSA), Carnegie Ridge Resources S.A., Valle Rico Resources S.A., Green Rock Resources S.A. and Cruz del Sol S.A. and they currently control 72 mineral exploration concessions.
“I AM IN THE BUSINESS OF TAKING RISKS - THAT’S WHAT EXPLORATION IS ALL ABOUT”
Nick Mather - The Age (July 5, 2003)
SolGold are an Australian exploration company currently registered in the UK and Canada. A subsidiary of DGR Global, the company was originally called Solomon Gold Limited. Their exploration activities are focused in Ecuador, the Solomon Islands and Queensland, Australia. In Ecuador their interest is primarily in copper and gold.