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Solitario Resources Discovers three new high-grade gold zones

Jocelyn Aspa Jocelyn Aspa, The Market Online
0 Comments| May 15, 2024

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  • Solitario Resources (TSX:SLR) has revealed it has discovered three new zones of high-grade surface gold at its Golden Crest Project in South Dakota
  • Gold values returned were as high as 57.9, 50.2, 42.7, 32.3 and 21.1 grams per ton (g/t) gold in each of the three zones
  • These are among the highest-grade gold samples collected during a first-pass sampling program at a newly discovered target zone at Golden Crest
  • Shares of Solitario Resources are up 4.55 per cent to C$1.15 as of 10:01 am ET

Solitario Resources (TSX:SLR) has revealed it has discovered three new zones of high-grade surface gold at its Golden Crest Project in South Dakota.

The Denver, Colorado-based company stated in a news release that gold values returned were as high as 57.9, 50.2, 42.7, 32.3 and 21.1 grams per ton (g/t) gold in each of the three zones, named Holland, Top Dollar and Wildcat.

Notably, these are among the highest-grade gold samples collected during a first-pass sampling program at a newly discovered target zone at Golden Crest.

“After three field seasons, we are still discovering high-quality drilling targets displaying super high-grade gold values on the surface,” Chris Herald, CEO of Solitario Resources, said in a statement. “We now look forward to our drilling program at Golden Crest that is expected to begin in the first part of June.”

Results were collected from a belt of outcropping favourable Mission Canyon Limestone that spans 3.5 kilometres long and up to 1 kilometre across. In the area known as the Geyser zone, the company anticipates conducting further mapping and sampling of this structural zone in the 2024 field season.

Solitario’s 100-per-cent-owned Golden Crest properties in South Dakota constitute strategic land holdings along the western and southwestern extensions of the Homestake-Wharf mining district that has produced approximately 52 million ounces of gold and contains another 30 million ounces in historical resources.

Solitario Resources is a natural resource exploration company focused on high-quality Tier-1 gold and zinc exploration projects.

Shares of Solitario Resources (TSX:SLR) are up 4.55 per cent to C$1.15 as of 10:01 am ET.

Join the discussion: Find out what everybody’s saying about this stock on the Solitario Resources Bullboard investor discussion forum, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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