Solitario Resources Ord Shs T.SLR

Alternate Symbol(s): XPL

Metals & Mining Industrial Metals & Minerals

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.

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Solitario Resources Ord Shs

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Comment by audigger13321on Aug 12, 2020 3:48pm

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Post# 31399848

RE:Silent accumulation

I have just comitted some funds into XPL.
IMHO, both properties will be developed into mines, with the big boys supplying the construction funds.
Their greement with Nexa on the Florida Canyon property seems to resemble the one
made by Conic on the Ramu mine ( I also own shares in CONXF) whih will enable
Conic to start receiving 35% of cash flow, starting 2022, when the JV debt will be partially repaid.
That should increase in the following years,and eventually. when the dept is fully repaid, the
will be receiving $ 41.7 million annuall,. if the price of nickel or cobalt will not deteriorate.
But, as always, forecasts are difficult, especially about the future; so do your on DD.
Audi.

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