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Solaris Resources Inc T.SLS

Alternate Symbol(s):  SLSR

Metals & Mining Industrial Metals & Minerals
Solaris Resources Inc. is a Canada-based multi-asset exploration company that is engaged in advancing a portfolio of copper and gold assets in the Americas. Its Warintza property is a porphyry copper-molybdenum-gold project located in southeastern Ecuador in the province of Morona Santiago. It includes nine metallic mineral concessions covering 26,777 hectares (ha). The Ricardo property is an exploration porphyry copper prospect located near Calama, Chile in the Calama Mining District. Its claim block covers approximately 16,000 ha. The Tamarugo property is a grass-roots copper porphyry target located in northern Chile approximately 85 kilometers northeast of Copiapo. Its claim blocks cover a total of approximately 12,300 ha. The Capricho project is a 4,200-ha copper-molybdenum-gold property. The Paco Orco project is a 4,400-ha lead, zinc and silver property. The La Verde property is situated in the Sierra Madre del Sur west of Mexico City, including the Unificacion Santa Maria claim.


TSX:SLS - Post by User

Solaris Resources Inc
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Post by retiredcfon Dec 05, 2022 9:08am
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Post# 35150640

RBC

RBCDecember 5, 2022

Solaris Resources Inc.
Announces drill results at Warintza Central expanding starter pit

TSX: SLS | CAD 7.55 | Outperform | Speculative Risk | Price Target CAD 20.00

Sentiment: Positive

Our view: We expect a modest positive reaction from Solaris shares to drill results from Warintza Central, focused on extending the 'Indicative Starter Pit'. The results highlight the potential for growing the indicative starter pit as well as the overall resource with good grades, in line with the current mineral resource estimate (1.5Bt @ 0.52% CuEq, indicated and inferrred). Drill results were in partially open volumes and extend the known area of mineralization. The solid grades and long intervals continue to be from near-surface indicating potential for an open pit mine with low strip ratio. Management noted that assays are pending from a series of holes from a new step-out platform that SLS-65 was drilled from and aimed at further expanding the resource in the Northeast Extension zone. Solaris is also expecting assay results from remaining holes drilled from the Warintza West discovery platform


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