Solitario Resources Corp Stock Price, News & Analysis

Solitario Zinc Corp. (NYSE American: XPL) announced the discovery of multiple areas with significant gold mineralization at its Golden Crest project in western South Dakota. The firm expanded its land position from 11,600 acres to 18,500 acres. Initial sampling of nine prospect areas revealed multiple high-grade gold assays, with the most notable areas being Whirlwind, Matchstick, and Treasure Vault, indicating a potential new gold district. Meanwhile, zinc prices have risen above $1.60 per pound, bolstering the company's prospects in that sector.

Solitario Zinc Corp (NYSE American: XPL, TSX: SLR) has announced its participation in the H.C. Wainwright & Co. Virtual Annual Global Investment Conference from September 13-15, 2021. CEO Chris Herald will host one-on-one meetings and deliver a corporate update on September 13 at 8:00am Eastern. Key highlights include the newly acquired Golden Crest gold project and updates on the Florida Canyon and Lik zinc projects. Solitario has a cash balance of approximately US$5.8 million and holds joint ventures in high-grade zinc projects in Alaska and Peru.

Solitario Zinc Corp (NYSE American: XPL) is set to participate in the Denver Gold Forum from September 12-15, 2021. CEO Chris Herald will conduct virtual one-on-one meetings and present a corporate update on September 13 at 2:00 PM Mountain Time. The presentation will highlight the recently acquired Golden Crest gold project, alongside the advanced Florida Canyon and Lik high-grade zinc projects. Solitario holds a 50% joint venture interest in the Lik zinc deposit in Alaska and a 39% stake in Florida Canyon zinc project in Peru. The company's cash and marketable securities total approximately US$5.8 million.

Solitario Zinc Corp. (NYSE American:XPL) has acquired around 11,600 acres of mineral rights in South Dakota, known as the Golden Crest Project, strategically located in a historic gold district. This project area boasts a continuous 145-year mining history and significant gold production potential, including possible ties to the renowned Homestake Mine. CEO Chris Herald emphasized the project as the company's most significant gold exploration to date, leveraging a systematic modern exploration strategy to uncover potential new deposits in a region rich in unexplored opportunities.

Solitario Zinc Corp. (NYSE American: XPL) has initiated exploration work on its Lik zinc project in Alaska, under a joint venture with Teck American Incorporated. The approved 2021 budget includes geochemical sampling, IP geophysics, and core drilling of at least 2,000 feet. The Lik project has an indicated resource of 17.3 million tonnes grading 12.0% zinc equivalent. This phase marks the first drilling in a decade amid rising zinc demand and prices. Teck, with extensive local experience, will operate the project. Fieldwork will begin immediately, with drilling set for July/August.

Solitario Zinc Corp. (NYSE American: XPL) held its Annual General Meeting on June 10, 2021, where 47.96% of shareholders voted. Key results included:

• Election of Directors: All six nominated directors were elected with high approval rates, notably John Labate at 94.57%.
• Executive Compensation: Approved with 98.45% voting in favor.
• Appointment of Auditors: Ratified with 99.53% in favor.

Solitario has a strong cash position of approximately US$7.6 million and valuable zinc projects in Alaska and Peru.

Solitario Zinc Corp (NYSE American: XPL) announced amendments to its 2021 Technical Report for the Florida Canyon project in Peru, addressing deficiencies noted by the Ontario Securities Commission. The amended report now includes necessary disclosures from the 2017 Preliminary Economic Assessment. Additionally, references to unsupported internal analysis regarding mine life and cash flows have been retracted. The resource estimates remain unchanged, and the company holds a strong cash position of approximately US$7.6 million.

Solitario Zinc Corp (NYSE American: XPL) will present at the H.C. Wainwright Spring Mining Conference on April 19-20, 2021. CEO Christopher Herald will showcase the company’s business and engage in one-on-one meetings with registered investors. The virtual event starts April 19 at 3:00 p.m. EDT and features over 60 corporate presentations. Solitario is a zinc exploration company holding significant joint venture interests in high-grade zinc deposits in Alaska and Peru, with a cash balance of approximately US$7.7 million.

Solitario Zinc Corp (NYSE American: XPL) has released a new NI 43-101 Technical Report detailing a significant increase in mineral resources at the Florida Canyon Project in Peru. The report shows a 105% increase in inferred zinc-equivalent resources compared to 2017, with a total inferred resource of 3.39 billion pounds Zn-Eq at 10.9% Zn-Eq. The report emphasizes the profitability of sulfide resources and recommends further metallurgical testing and exploration to enhance project economics.