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Solitario Resources (XPL) Stock News

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Solitario Resources Corp. explores and develops precious- and base-metal properties in North America and Peru, with trading on the NYSE American under XPL and on the TSX under SLR. Its recurring updates center on the Golden Crest gold project in South Dakota; the Florida Canyon and Lik zinc projects, held with joint-venture partners; and Colorado projects including Cat Creek molybdenum-rhenium and Bright Angel gold-copper.

Company news commonly covers drilling plans and results, U.S. Forest Service permitting, property acquisitions, surface sampling, geophysical work, conference presentations, and portfolio financing or strategic ownership developments involving exploration-stage mineral assets.

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Solitario Resources (XPL) CEO Chris Herald will present at the John Tumazos Very Independent Research virtual conference on October 6, 2026. The live webcast is scheduled for 12:15 pm EST. Herald plans to review Golden Crest, the Florida Canyon and Lik zinc projects, and the Cat Creek and Bright Angel critical metals projects.

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Solitario Resources (XPL) moved CEO Chris Herald's Mining Forum Americas webcast presentation to 9:20 a.m. Mountain Time on September 30, 2026. He will discuss recent drilling results from the 2026 Cat Creek and Golden Crest programs and hold one-on-one investor meetings during the conference.

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Solitario Resources (XPL) reported preliminary visual copper-molybdenum mineralization in its first two holes at its 100%-owned Cat Creek project in Colorado.

In CC-002, visible molybdenite extends from 258.1 m to the hole's end at 641.0 m, with greater abundance from 371.8 m to 584.5 m. Visible chalcopyrite occurs locally from 530.5 m to 641.0 m, including strong disseminations in intrusive breccia from 604.0 m to 641.0 m. CC-001 had visible molybdenite from 250.5 m to 280.5 m and from 309.1 m to 372.0 m; chalcopyrite was not identified visually there.

The observations are preliminary, and laboratory assays have not established grades. CC-001 samples have been sent for analysis, while CC-002 samples are being processed. Assay results are expected within two to three months. Solitario plans a larger induced polarization geophysical survey to help guide its next drilling campaign, either later this fall or early next summer.

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Solitario Resources (XPL) CEO Chris Herald will give a live webcast presentation at Mining Forum Americas on September 30, 2026.

The presentation is scheduled for 9:40 a.m. Mountain Time and will cover recent drilling results from Golden Crest in South Dakota and Cat Creek in Colorado. Herald will also participate in one-on-one investor meetings. The webcast link is scheduled to activate at 9:20 a.m. on September 30.

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Solitario Resources (XPL) will have CEO Chris Herald present at the H.C. Wainwright 28th Annual Global Investment Conference on September 15, 2026, at 2:30 pm Eastern Time.

Herald will also hold one-on-one investor meetings on September 14 and 15 to discuss updates on Solitario’s five resource and exploration projects. The company describes itself as a natural resource explorer focused on Tier-1 gold, copper, zinc and critical metals projects. Its 100%-owned Golden Crest properties in South Dakota cover about 25,150 acres along extensions of the Homestake-Wharf mining district, which has produced approximately 52 million ounces of gold.

Solitario also holds 100% interests in the Cat Creek molybdenum-rhenium project, where drilling is underway, and the Bright Angel copper-gold project in Colorado, where drillhole permitting is nearing completion. It has a 50% joint venture interest in the Lik zinc deposit in Alaska and a 39% joint venture interest in the Florida Canyon zinc project in Peru, with over $110 million spent collectively on these two properties. Management and directors own about 7.7% of the company (excluding options), while Newmont holds 9.4% of Solitario’s 94.6 million shares outstanding, and cash stands at approximately US$7.3 million.

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Solitario Resources (XPL) issued 135,750 common shares to Newmont Overseas Exploration at $0.86 per share for total gross proceeds of US$116,745 under their Amended and Restated Investor Rights Agreement dated June 11, 2025.

Newmont exercised its right to acquire shares at the average price of Solitario stock sold through the company’s at-the-market program between April 7, 2026 and July 29, 2026, thereby maintaining its prior ownership percentage. Following this issuance, Newmont will hold 8,894,911 Solitario shares, representing approximately 9.4% of outstanding common shares.

No underwriter or placement agent was used, so there were no discounts, commissions or placement fees. Net proceeds will be used to advance Solitario’s core gold and zinc exploration projects and for general corporate purposes. Solitario reports approximately 94.8 million shares outstanding and a cash balance of about US$7.6 million.

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Solitario Resources (XPL) reported initial assay results from the first three core holes at the Ponderosa area of its Golden Crest gold project in South Dakota, completing phase-one drilling of ten holes totaling 2,949 meters in late July 2026.

The reported holes (PD-001, PD-002, PD-007) intersected low-level gold mineralization of 0.02–0.40 g/t in Paleozoic limestones and 1.3 meters grading 1.37 g/t gold in Precambrian rocks, with no high-grade feeder zones found. Seven additional holes are in the lab, with results expected in late September or October. Drone magnetic surveys outlined a 5 km by 1.5 km magnetic high on Golden Crest’s western margin and several 200–1,000 meter magnetic highs at Downpour-Wild Rose and Holland, interpreted as potential vectors to Homestake- and Wharf-style mineralization. After Golden Crest, drilling moved to the 100%-owned Cat Creek molybdenum-rhenium project in Colorado, where one hole is completed and a second underway. Solitario reports 94.6 million shares outstanding, about US$7.3 million in cash, and multiple gold, copper and zinc joint ventures.

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Solitario Resources (NYSE American:XPL) reported voting results from its June 17, 2026 annual meeting, with 51,707,349 common shares represented. Shareholders elected five directors, approved an advisory vote on executive compensation, and ratified the appointment of Assure CPA (succeeded by Sadler, Gibb & Associates) as auditor for 2026.

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Solitario (NYSE American:XPL) reported progress on its 2026 Ponderosa drilling at the 100%-owned Golden Crest gold project in South Dakota, with four core holes completed and assays expected in early August.

Preparations for first-ever drilling at the 100%-owned Cat Creek critical metals project in Colorado, slated for July, are nearly finished. The company also advances permitting at its Bright Angel copper-gold project, holds joint venture interests in the Lik and Florida Canyon zinc projects, and reports about US$9.2 million cash, no debt, and 92.4 million shares outstanding. Newmont holds 9.3% of shares, while management and directors own about 8%.

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Solitario Resources (NYSE American:XPL) completed a share issuance to Newmont Overseas Exploration under an amended investor rights agreement.

The company sold 305,195 shares at $0.77, raising US$235,000. Newmont now holds 8,759,162 shares, or about 9.4% of Solitario, maintaining its prior ownership level. Net proceeds will fund exploration and general corporate purposes.

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FAQ

What is the current stock price of Solitario Resources (XPL)?

Solitario Resources (XPL) last closed at $0.5148.

What is the market cap of Solitario Resources (XPL)?

The market cap of Solitario Resources (XPL) is approximately $48.7M.