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Solaris Resources (SLSR) Stock News, Apr 16-30, 2024

SLSR NYSE
Rhea-AI Summary

Solaris Resources Inc. announces the award of an option to acquire new concessions hosting porphyry copper and epithermal gold potential adjacent to the Warintza Project in Ecuador. The Company has the opportunity to acquire up to a 100% interest in 10 new exploration concessions totaling approximately 40,000 hectares. The concessions are strategically located near major copper and gold mines in Ecuador and show promising signs of mineralization based on various data analyses. Solaris is set to begin fieldwork in May, with a focus on porphyry copper and epithermal gold targets. The award is a result of a competitive bidding process with terms including an upfront payment to the Ecuadorian state-owned mining company, ENAMI EP, and a proposed exploration program.

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FAQ

What is the current stock price of Solaris Resources (SLSR)?

Solaris Resources (SLSR) last closed at $6.87.

What is the market cap of Solaris Resources (SLSR)?

The market cap of Solaris Resources (SLSR) is approximately $1.1B.