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Solaris Resources Inc T.SLS

Alternate Symbol(s):  SLSR

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

Post by templetooth2on Nov 02, 2023 4:00pm
230 Views
Post# 35714414

Belated puzzle

Belated puzzleExactly a year ago, Canada ordered 3 Chinese companies to divest holdings in 3 Cdn. lithium explorers.

In November, three Canadian miners listed on the TSX Venture exchange — Power Metals Corp., Lithium Chile Inc. and Ultra Lithium Inc. — were told by the government that their Chinese investors Sinomine Rare Metals Resources Co., Chengze Lithium International Ltd. and Zangge Mining Investment Co., respectively, needed to sell their stakes in the companies.

About a month ago, SLS hired a Chinese company to deal with interested Chinese companies. Do the same rules not apply because SLS has copper?

Shouldn't Solaris be re-locating their incorporation from Canada to elsewhere if they sincerely think a Chinese company might bid? Before you tell me an Ecuador asset is immune, look at Lithium Chile and Ultra. Only Power Metals had a Cdn. asset, as far as I can see.
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