At the La Hueca project, two new copper targets were discovered on the western side, with channel chip sampling returning 17.3m at 3.87% copper and 0.46 grams per tonne gold at one, Target 5, including 6m at 9.39% copper and 0.98gpt gold.

A total of 50 rock samples were collected from the second target, Target 6, and sent for analysis, with teams collecting additional samples and prospecting new streams. 

At the Porvenir project, new mineralisation outcrops were found to be rich in copper sulphide minerals — chalcopyrite (7%), chalcocite (2%), covellite (1%), bornite (1%) — and the copper canbonate mineral malachite (3%).

It said rock chip samples from Porvenir were still pending.

SolGold is planning to develop further drill targets using the prospecting results and detailed auger soil programs at the three projects.

The projects' concessions cover 60km of strike along the country's Southern Jurassic porphyry corridor.

The company's technical teams previously discovered the new corridor of porphyry copper and gold minralisation at La Hueca that trended to the southwest through the other two projects, with peak surface results including 13.83% copper at La Hueca, 28.9% copper at Timbara and 4.13% copper at Porvenir.

SolGold is also exploring its 85%-owned Cascabel copper‐gold porphyry project in Northern Ecuador, which has an initial resource of 1.08 billion tonnes at 0.68% copper equivalent, using a 0.3% copper equivalent cut-off.

"I feel like I've gone back in time 50 years and I'm exploring in northern Chile, because the geology is the same," SolGold exploration manager Jason Ward told the Latin America Down Under conference in Perth last week.

"With 84 geologists on the ground and over 3000 square kilometres to explore, we are very confident we are going to be making more discoveries in the area."