Solitario Resources Corp Stock Price, News & Analysis

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 Additionally, references to unsupported internal analysis regarding mine life and cash flows have been retracted.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.

Solitario Zinc Corp (NYSE American:XPL) is participating in the virtual PDAC Conference from March 8-11, 2021. The company showcases a 105% increase in zinc sulfide resources at the Florida Canyon project in Peru through a joint venture with Nexa Resources. Solitario maintains a strong financial position with approximately $7.9 million in cash and marketable securities, and holds significant joint venture interests in high-grade zinc deposits in Alaska and Peru. Management and Directors own about 9.6% of the company’s shares.

Solitario Zinc Corp. (NYSE American: XPL) reports a significant increase in inferred zinc-equivalent resources at its Florida Canyon zinc project, with a 105% rise in inferred sulfide resources from the 2017 estimate. The total inferred resource now stands at 3.39 billion pounds Zn-Eq, with 5.39 million oz. silver. This estimate has potential financial benefits, with cash flow projections indicating increased profitability from sulfide mining. The company plans further exploration to enhance resource estimates, highlighting robust demand for zinc and favorable market conditions.

Solitario Zinc Corp (NYSE American:XPL) announced participation in the John Tumazos, Very Independent Research Conference on February 16, 2021. President and CEO Christopher Herald will provide an online presentation at 4:00 PM EST. Solitario is a zinc exploration company holding significant interests in high-grade zinc deposits in Alaska and Peru. The company is well-funded, with a cash balance and marketable securities totaling approximately US$7.9 million and management holding about 9.6% of shares outstanding.

Solitario Zinc Corp (NYSE American: XPL) has scheduled a Corporate Update Town Hall with O&M Partners on December 15, 2020, at 4:05 EST. CEO Chris Herald is set to present and engage in a Q&A session. Investors can register for the webinar, which will also be available for replay. Solitario holds significant joint venture interests in high-grade zinc deposits, including 50% in the Lik deposit in Alaska and 39% in the Florida Canyon project in Peru. The company has a cash balance and marketable securities of approximately US$8 million.