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.
Solitario Zinc Corp. (NYSE American: XPL) will participate in the John Tumazos Very Independent Research Conference on December 8, 2022. CEO Chris Herald will present updates on the Golden Crest project and other zinc projects. The company also holds significant interests in the Lik and Florida Canyon zinc projects through joint ventures. Currently, Solitario has a cash balance of approximately US$6.0 million and its management holds about 9.3% of the total shares. The company emphasizes its commitment to ESG principles.
Solitario Zinc Corp. (NYSE American:XPL) announced the discovery of a new high-grade gold and silver mineralization area named Geyser in South Dakota, following the expansion of its land position to over 33,000 acres. Assay results showed gold ranging from 1.1 gpt to 94.2 gpt, with an average of 29.8 gpt, and silver averaging 71.1 gpt. The Geyser prospect covers approximately 90 x 60 meters. Solitario aims to explore further as it looks to develop this promising site and enhance its strategic holdings in a historical mining district.
Solitario Zinc Corp. (NYSE American:XPL) has announced the significant expansion of the Downpour high-grade gold zone at its Golden Crest Project in South Dakota. New discoveries with gold values reaching up to 87.3 grams per tonne have been reported in multiple areas, resulting in a total footprint of 800 meters by 500 meters. The mineralization is attributed to hydrothermal processes and is believed to indicate the potential for a substantial gold deposit. The company is also advancing drill hole permitting, with final environmental assessments expected by mid-2023.
Solitario Zinc Corp. (NYSE American: XPL) announced assay results from 23 surface trench samples at its Downpour prospect in South Dakota, enhancing previous findings. Key highlights include Trench 1 with 33.0 meters at 17.19 grams per tonne gold and Trench 2 at 60.0 meters with 8.55 gpt gold. The company is expanding its exploration efforts with approximately 700 additional samples being processed. The Golden Crest Project covers 28,000 acres, strategically located in a region with a rich gold mining history, and aims to begin core drilling in Q2 2023, pending permits.
Solitario Zinc Corp (NYSE American: XPL) will participate in the H.C. Wainwright & Co. Hybrid Annual Global Investment Conference from September 12-14, 2022. CEO Chris Herald is set to host one-on-one meetings and deliver a presentation on September 13 at 7:00 AM ET, focusing on major projects including the Golden Crest gold project and the Florida Canyon and Lik zinc projects. The company maintains a cash balance of approximately US$6.3 million and holds significant joint venture interests in high-grade zinc deposits.
Solitario Zinc Corp. (NYSE American: XPL) announced positive assay results for 19 surface trench samples at its Golden Crest Project in South Dakota. Highlights include Trench 1 showing 27.0 meters at 15.0 gpt gold, marking a significant increase in grade. Trench 2 reported 30.0 meters at 11.1 gpt gold. Additional samples are being processed, with plans to expand exploration efforts. The project is positioned within a historically rich gold mining area, benefiting from existing infrastructure and a skilled workforce.
Solitario Zinc Corp. (NYSE American: XPL) has announced the results of its Annual General Meeting held on June 21, 2022, where over 51.56% of outstanding shares voted. Key outcomes included the election of seven directors, approval of executive compensation, and the ratification of Plante Moran PLLC as auditors for fiscal year 2022. Notably, the company has ramped up its exploration efforts at the Golden Crest project and commenced drilling at the Lik zinc project in Alaska. Total cash and marketable securities stand at approximately US$7.5 million.
Solitario Zinc Corp (NYSE American: XPL) has announced updates on its high-grade zinc projects, Lik and Florida Canyon, for 2022. The Lik project in Alaska boasts an Indicated Resource of 17.6M tonnes with grades of 8.07% zinc. A joint budget with Teck for exploration drilling is approved, targeting resource extensions. The Florida Canyon project in Peru holds an Indicated Resource of 2.4M tonnes with 10.62% zinc. Key initiatives include road access improvements, metallurgical testing, and expanding drilling permits. Both projects signify robust future potential.
Solitario Zinc Corp. (NYSE American: XPL) has appointed Debbie Mino-Austin to its Board of Directors. Mino-Austin, who previously served as Vice-President of Investor Relations for over 30 years, brings significant industry expertise. Her role will also include chairing the company's Health, Safety, Environmental, and Social Responsibility Committee, indicating a strong commitment to ESG issues. The Board has expanded its size from six to seven directors to enhance governance. Solitario holds key interests in zinc projects in Alaska and Peru and maintains a cash balance of approximately US $8 million.
Solitario Zinc Corp. (NYSE American: XPL) has announced promising new assay results from its Golden Crest property in South Dakota. Surface grab samples from the Sunrise area revealed high gold grades of 20.1, 17.6, and 7.9 grams per tonne (gpt), extending over at least 900 meters. Significant results were also reported from the Treasure Vault and Log Jam areas, with a total of 25 new assays from five locations, indicating strong potential for gold mineralization. The company aims for further exploration to define these zones, reinforcing its optimistic outlook for the 2022 season.