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Solitario Resources Ord Shs T.SLR

Alternate Symbol(s):  XPL

Solitario Resources Corp. is a natural resource exploration company focused on high-quality Tier-1 gold and zinc exploration projects. The Company’s primary business is to acquire exploration mineral properties and/or discover economic deposits on its mineral properties and advance these deposits, either on its own or through joint ventures, up to the development stage of the project. Its projects include Florida Canyon Zinc-Peru, Lik Zinc-Alaska and Golden Crest Gold-South Dakota. The Florida Canyon Zinc project is located approximately eight kilometers (km) from a paved road that connects coastal northern Peru with the Amazon basin. The consolidated Florida Canyon land position stands at 48,700 hectares (120,300 acres). The Lik high-grade zinc project located in northwestern Alaska is an advanced exploration project joint ventured with Teck American Incorporated (Teck). The Golden Crest Gold Project is located in western South Dakota.


TSX:SLR - Post by User

Post by Betteryear2on Feb 14, 2022 7:07am
155 Views
Post# 34425409

Solitario Discovers 50.2, 47.7 and 12.2 GPT Gold at Surface

Solitario Discovers 50.2, 47.7 and 12.2 GPT Gold at Surface

DENVER, CO / ACCESSWIRE / February 14, 2022 / Solitario Zinc Corp. ("Solitario") (NYSE American:XPL; TSX:SLR) is pleased to announce that it has discovered significant high-grade gold at surface on its Golden Crest project in South Dakota. High-grade gold was discovered at the Downpour Zone over an area measuring approximately 170 by 70 meters in extent and open in all directions (see Figure 1 and Table 1 below). To date, Solitario has received assay results for eleven surface reconnaissance grab samples in the central part of the Downpour Zone (see map). The average gold content for these eleven samples was 12.6 grams per tonne gold ("gpt"), including 50.2, 47.7, 12.2, 8.1, 7.2 and 5.9 gpt gold.

Chris Herald, President and CEO of Solitario, commented: "These initial surface results at Downpour are stunning. In our team's 40-year history of very successful grass roots exploration, we have never encountered undiscovered gold mineralization with these grades at surface. Equally striking to this evolving story, is the fact that nearly all of the reported Downpour high-grade samples came from rocks exposed in the tracks of a primitive jeep roadbed. This demonstrates the total lack of both modern-day and historical exploration in an area immediately west of the nearby supergiant Homestake-Wharf gold mining district, and strongly suggests that our work to date is literally, just starting to scratch the surface."


https://www.accesswire.com/688547/Solitario-Discovers-502-477-and-122-GPT-Gold-at-Surface-on-its-Golden-Crest-Project-Expands-Land-Position

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