Solaris reports Warintza assay results

Highlights

Additional holes have enlarged the drill defined envelope of mineralisation at Warintza Central, with the highest-grade intersection reported to date building on an emerging near surface, high-grade extension to the northeast that remains open, as well as to the south and southeast.

Drilling returns highest grades reported to date in emerging northeast extension that remains open:

• SLS-42 was collared at the northeastern limit of the grid and drilled northeast into an entirely open volume, returning 740 m of 0.6% copper equivalent (CuEq) from 52 m depth within a broader interval of 906 m of 0.53% CuEq, extending mineralisation in this direction where it remains open.
• SLS-49 was drilled southeast from the same platform and returned 396 m of 0.7% CuEq within a broader interval of 817 m of 0.6% CuEq from 50 m depth, tying the northeast extension to the overlap between Warintza Central and East.
• SLS-48, was collared in an undrilled area ~200 m west of SLS-49 and drilled south, returning 100 m of 1.64% CuEq from 50 m depth, the highest-grade mineralisation reported to date, within a broader interval of 852 m of 0.56% CuEq, extending the near surface high-grade mineralisation to the west in that area.
• These results expand Warintza Central by building on an emerging area of near surface, high-grade mineralisation; follow-up drilling will pursue further growth by targeting the open areas to the north and northwest, with an additional platform being constructed to pursue further step-outs to the northeast.

Drilling extends mineralisation to southeast that remains open:

• SLS-45 was collared on the eastern side of the grid and drilled southeast into an entirely open volume, returning 236 m of 0.56% CuEq from 44 m depth within a broader interval of 564 m of 0.41% CuEq, extending mineralisation to the southeast where it remains open.
• SLS-46 was collared from a southeastern platform and drilled southeast into a partially open volume, returning 168 m of 0.69% CuEq from 48 m depth within a broader interval of 632 m of 0.31% CuEq, extending mineralisation in this direction where it remains open.
• SLS-47 was collared in the middle of the grid and drilled southeast to infill this area, returning 446 m of 0.7% CuEq from 48 m depth within a broader interval of 811 m of 0.51% CuEq, with mineralisation remaining open to the south.
• To date, 58 holes have been completed at Warintza Central with assays reported for 49 of these.

Updated Warintza Central mineral resource is expected to be issued in late 1Q22/early 2Q22.

Jorge Fierro, Vice President, Exploration, commented: “The initial resource growth drilling programme for Warintza Central has been completed which will inform the updated mineral resource estimate. With this intensive programme behind us, the focus of ongoing drilling has turned to pursuing the further extensions of near-surface, high-grade mineralisation which remain open, with additional platforms allowing for more aggressive step-outs under construction.”

Read the article online at: https://www.globalminingreview.com/exploration-development/03032022/solaris-reports-warintza-assay-results/