Welcome to our dedicated page for Solitario Resources news (Ticker: XPL), a resource for investors and traders seeking the latest updates and insights on Solitario Resources stock.
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.
Solitario Resources Corp. (NYSE American:XPL)(TSX:SLR) has announced significant gold discoveries from its first three drill holes at the Golden Crest Project. Highlights include:
- 32.0 meters averaging 1.7 g/t gold, including 14.2 meters at 3.1 g/t
- 26.4 meters averaging 2.6 g/t gold, including 14.4 meters at 4.2 g/t
The mineralization occurs within a brecciated evaporite horizon with silicification and hydrothermal alteration. The company plans to drill about a dozen core holes totaling up to 5,000 meters this year, testing two of ten high-priority target areas. Four more targets are scheduled for drilling in 2025. Solitario's Golden Crest properties are located near the Homestake-Wharf mining district, which has historically produced 52 million ounces of gold.
Solitario Resources Corp. (NYSE American: XPL, TSX: SLR) has announced that its President and CEO, Chris Herald, will deliver a live webcast presentation at the 36th Annual Gold Forum Americas/XPL-Dev conference on September 16, 2024, at 3:10 pm Mountain Time. The presentation will focus on:
- Assay results from the first three drill holes of the maiden drilling program at the Golden Crest gold project in South Dakota
- Updates on other Golden Crest exploration activities
- Brief review of the advanced-stage Florida Canyon and Lik high-grade zinc projects
Solitario is a natural resource exploration company with a focus on Tier-1 gold and zinc projects. The company's 100%-owned Golden Crest properties are strategically located in the Homestake-Wharf mining district, which has historically produced about 52 million ounces of gold. Solitario also holds joint venture interests in the Lik zinc deposit in Alaska and the Florida Canyon zinc project in Peru.
Solitario Resources Corp. (NYSE American: XPL, TSX: SLR) announced that CEO Chris Herald will present at the 26th Annual Global HC Wainwright conference on September 10, 2024, at 12:30 pm ET. The presentation will include a strategic overview of Solitario and details about the drilling program at the Golden Crest gold project in South Dakota. Final assays for the first three Golden Crest core holes are expected late next week.
Solitario focuses on Tier-1 gold and zinc projects, including its 100%-owned Golden Crest properties in South Dakota, a 50% joint venture in the Lik zinc deposit in Alaska, and a 39% joint venture in the Florida Canyon zinc project in Peru. The company's cash balance and marketable securities stand at approximately US$8.3 million, with management and directors holding about 9.1% of the 81.6 million shares outstanding.
Solitario Resources Corp. (NYSE American:XPL)(TSX:SLR) has commenced core drilling on its 100%-owned Golden Crest gold project in South Dakota. The Phase-One 2024 drilling program aims to drill 10-12 holes totaling 5,000 meters, starting with the high-grade Downpour Zone. Previous trenching and surface sampling revealed significant gold values, with trench assays up to 17.60 g/t gold and 37 select surface grab samples showing high-grade distributions. The project is located near the Homestake-Wharf mining complex, which has produced approximately 52 million ounces of gold. Solitario's cash balance and marketable securities stand at approximately US$9.3 million.
Solitario announced the final approval of its revised Plan of Operations for the Golden Crest gold project by the US Forest Service, along with acceptance of its reclamation bond by the South Dakota Board of Minerals. This allows exploration drilling to commence with several high-quality gold targets, totaling 5,000 meters of drilling in Phase-One. CEO Chris Herald emphasized the milestone and the company's readiness to expand the drilling scope based on early results. Furthermore, COO Walter Hunt will retire at the month's end, with Sandor Ringhoffer joining the Golden Crest management team. Solitario's Golden Crest properties in South Dakota are strategically located and rich in gold potential.
Solitario Resources Corp. (NYSE American: XPL) announced the results of its annual general meeting held on June 20, 2024. Shareholders holding 39,943,338 shares participated, voting on four primary proposals. Seven directors were elected, with each receiving a high percentage of 'For' votes exceeding 91%. The shareholders also approved executive compensation with 98.45% 'For' votes. Additionally, a majority of shareholders voted to continue annual advisory votes on executive compensation. Assure CPA, was appointed as the auditor for the fiscal year 2024 with 99.32% 'For' votes. The company expressed satisfaction with the results and highlighted ongoing exploration projects in South Dakota, Alaska, and Peru.
Solitario Resources has announced the discovery of three new high-grade gold zones at its Golden Crest project in South Dakota. The zones, named Holland, Top Dollar, and Wildcat, show assay results as high as 57.9 grams per tonne (gpt) gold. A total of 203 samples were collected, with 51 samples containing over 0.2 gpt and 27 samples exceeding 1 gpt. These findings are within a four-square-kilometer area between the Downpour and Sleeping Beauty targets. The company plans to commence drilling in June 2024 to further explore these zones. The Golden Crest property, strategically located in a historically productive mining district, is 100% owned by Solitario. The company also has significant zinc projects in Alaska and Peru.
Solitario Resources Corp. receives a positive decision notice from the United States Forest Service for its Golden Crest Gold Project in South Dakota. The company plans to move forward with its drilling program to test high-quality gold targets starting in June. Solitario's CEO commends the USFS for their thorough analysis and environmental protection efforts, emphasizing the importance of responsible mineral exploration. The company holds interests in high-grade zinc projects in Alaska and Peru, with a strong focus on ESG practices.
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