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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 22, 2023 4:14pm
189 Views
Post# 35749087

Stalking horse

Stalking horse The value in the LR deal will be as stalking horse going through permit process. If they can get permits in the timeline they suggest, mid-year, it will have huge positive implications for Solaris, Solgold and everyone else. I don't believe a Western company has been granted a mining permit since Kinross at FdN.

Back to Adventus-Luminex, you gotta believe this deal gives instant cash and credibility. I have no idea how much additional equity will be needed to build this El Domo mine, but that is a next summer kind of problem. If Adventus can get all the necessary permits, that will be a MAJOR accomplishment. Just a throw-away thot, if this deal works, if things fall into place...you gotta believe Solitario will be worth more than a nickel!
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