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. (NYSE American: XPL, TSX: SLR) generates news primarily through exploration and corporate developments related to its Tier-1 gold, zinc and critical metals projects. Company announcements frequently focus on drilling campaigns, assay results, metallurgical testing and permitting milestones at its Golden Crest gold project in South Dakota, as well as updates on its advanced-stage Lik zinc deposit in Alaska and Florida Canyon zinc project in Peru.
News releases from Solitario often detail exploration progress at Golden Crest, including drilling phases, high-grade precious metal intercepts, surface target definition and geophysical surveys. The company has reported bottle roll metallurgical test work on Golden Crest mineralization and described how these results inform its ongoing drilling strategy. Updates may also cover permit status for areas such as the Ponderosa portion of the Golden Crest project and the identification of multiple high-priority drill targets.
In addition to gold and zinc exploration, Solitario issues news about its critical metals initiatives, including the Cat Creek molybdenum-rhenium project and the Bright Angel project in Colorado. These updates can include information on drilling permits, historical exploration data, and the geological characteristics of these early-stage targets.
Corporate news items typically include private placement financings, strategic investments by institutional shareholders such as a Newmont Corporation subsidiary, amendments to investor rights agreements, and results of annual shareholder meetings. Solitario also reports on management presentations at mining and investment conferences, where it provides strategic overviews of its project portfolio and exploration plans. Investors following XPL news can use this page to review the company’s exploration results, project milestones and capital markets activities over time.
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DENVER, CO / ACCESSWIRE / February 28, 2023 / Solitario Zinc Corp. (NYSE American:XPL) announces positive assay results from its Spur Gold Zone and a newly identified Zig Zag area in South Dakota. Key findings include Spur Trench 1 showing 234 meters at 0.82 gpt gold and Zig Zag Trench 1 at 27 meters grading 3.22 gpt gold. The combined area covers approximately 800 x 700 meters, indicating a significant presence of multi-gram gold values. The company is advancing drill hole permitting for further exploration, with environmental studies completed. The South Dakota properties hold strategic significance due to their historical gold production potential.
Solitario Zinc Corp. (NYSE American:XPL) has announced significant findings in the newly identified Spur Gold Zone, located south of the existing Geyser Gold Zone. The expanded Geyser-Spur area now measures approximately 650 x 225 meters, with notable assay results showing an average of 6.8 grams per tonne of gold. Additionally, the Downpour site has recorded a substantial increase in gold grades, reaching 17.6 grams per tonne over 36 meters. The company is advancing its drill hole permitting and anticipates further assay results that may expand these promising zones.
Solitario Zinc Corp. (NYSE American: XPL) has reported significant expansion of the Geyser Gold Zone at its South Dakota property. The area of high-grade gold mineralization has increased from 60 x 90 meters to 125 x 225 meters. Eleven select surface samples show an average grade of 28.6 grams of gold per tonne. Preliminary results indicate the mineralization may extend up to 450 meters in length. Additionally, drill hole permitting for the Golden Crest property is progressing, with an Environmental Assessment expected to be completed in Q2 2023.