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Solomon Islands Gold

Mining & Metals ยท Rockhampton, Queensland
Website: www.solomonislandsgold.com

Solomon Islands Gold an exploration subsidary of SIG Resources Pty Ltd, a private company based and registered in Rockhampton ... , Queensland, Australia. SIG is a Solomon Islands registered company and owner of the tenure at Kele, Vangunu WP The Group is currently exploring for gold and other minerals in the Solomon Islands and aims to have completed a JORC study in 2020 on what we believe will be highly lucrative gold resources/reserves on Vangunu island. Solomon Islands Gold began prospecting in the Solomon Islands in 2010 and is now gearing for taking the project through to the next stage including a capital raise. The 100% owned subsidiary, Solomon Islands Gold Pty Ltd (SI Gold) is registered in the Solomon Islands and has Foreign Investment Board (FIB) approval from the Solomon Islands Government. The Group's lease on Vangunu Island is the current focus with the project known as KELE 1 being the main commercialization area. This lease contains hard rock, alluvial and eluvial gold resources. The site is easily accessible by boat and has ready supply of lower cost unskilled labor from the local community. The combination of low-cost mining techniques, lucrative resources and strong support from the local community, the Provincial Government and the Solomon Islands Government to create the only operating gold mine in the Solomon Islands means this company is on the cusp of some major success. read more

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