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 (XPL) has announced its participation in the upcoming PDAC Conference scheduled for March 2-3, 2025, at the Toronto Convention Centre. The company will be exhibiting at Booth 2422A in the Investors Exchange section, which will be open from 10:00 am to 5:00 pm on both days.
During the conference, management will be available to discuss their key projects: the Golden Crest project in South Dakota, Florida Canyon project in Peru, and the Lik project in Alaska. Additionally, the company will participate in the PDAC One-on-One Program, organized in partnership with Precious Metals Summit Conferences
Solitario Resources (NYSE:XPL) announced successful results from its 2024 drilling program. The company completed 11 core holes totaling 4,345.7 meters at its Golden Crest property, with six holes intersecting gold grades exceeding 1 g/t. Notable results include hole GC-011 intersecting 2.68 meters grading 4.69 g/t gold.
The drilling program revealed significant gold mineralization in four different areas, suggesting the company's 36,500-acre land position could mirror the Homestake-Wharf gold system. The company plans to expand drilling in late-May, focusing on priority areas including the Downpour zone, Lands End, and the Ponderosa area, where strong surface gold anomalies have been identified.
Solitario has identified ten high-priority surface targets, with two already drilled in 2024. Five new targets are being permitted for 2025 drilling. The company maintains approximately US$5.8 million in cash and marketable securities.
Solitario Resources (NYSE:XPL) announced significant drilling results from its Golden Crest Project, revealing two new styles of gold mineralization. Drill hole GC-010 intersected 11.55 g/t gold over 0.52 meters in a paleo-placer deposit and 2.45 g/t gold over 0.43 meters in a rock flour diatreme breccia.
Notably, Precambrian Homestake Banded Iron Formation (BIF) was discovered in holes GC-009 and GC-010, marking the only area outside the Homestake district where such formation has been identified. The Homestake BIF historically hosted 68 million ounces of gold about 15 kilometers east of these drill holes.
The company completed 11 core holes totaling 4,345.7 meters in 2024, with results from ten holes already received. Solitario has identified ten high-priority surface targets, with four new targets scheduled for drilling in 2025.
Solitario Resources announced significant drilling results from its Golden Crest Project, reporting a new Wharf-style gold discovery in drill hole GC-008. The hole intersected gold mineralization in the lower Deadwood formation with an average grade of 1.0 gram per tonne over 41.0 meters, with grades increasing with depth. The final two meters averaged 3.4 gpt before technical difficulties ended drilling.
This represents the first mineralization discovered in Lower Deadwood outside the historic Homestake-Wharf district. The discovery is part of a major structural zone extending over 12 kilometers in length and 500 meters wide. The company completed 11 core holes totaling 4,345.7 meters in 2024, with results received for the first eight holes.
Solitario Resources Corp. (NYSE American:XPL)(TSX:SLR) announces that President and CEO Chris Herald will deliver a live webcast presentation at the John Tumazos Very Independent Research, on October 9th, 2024, at 2:45 pm EDT. The presentation will focus on:
- Golden Crest's maiden drilling program in South Dakota
- Updates on advanced-stage Florida Canyon and Lik high-grade zinc projects
Solitario is a natural resource exploration company specializing in Tier-1 gold and zinc projects. Key holdings include:
- 50% joint venture in the Lik zinc deposit (Alaska)
- 39% joint venture in the Florida Canyon zinc project (Peru)
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.