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Solaris Resources provides Warintza Project assay results

Published by
Global Mining Review,


Solaris Resources Inc. has reported assay results from a series of additional holes from mineral resource growth drilling at its Warintza Project in southeastern Ecuador.

Highlights

Additional drilling has expanded the growing northeast extension area, which remains open with follow-up and step-out drilling underway. This zone is characterised by near surface, high-grade mineralisation at the northeastern limit of drilling at Warintza Central and represents a priority target for further growth.

  • SLS-54 was collared at the northeastern limit of the grid and drilled into an open volume near surface, returning 356 m of 0.73% copper equivalent (CuEq) from 50 m depth within a broader interval of 1093 m of 0.56% CuEq from surface.
  • This follows from near surface, high-grade mineralisation previously reported from:
    • SLS-49: 396 m of 0.7% CuEq from 50 m depth within 817 m of 0.6% CuEq.
    • SLS-48: 100 m of 1.64% CuEq from 50 m depth within 852 m of 0.56% CuEq.
    • SLS-42: 740 m of 0.6% CuEq from 52 m depth within 906 m of 0.53% CuEq.
    • SLS-38: 244 m of 0.7% CuEq from 58 m depth within 822 m of 0.35% CuEq.
    • SLS-34: 242 m of 0.67% CuEq from 52 m depth within 660 m of 0.47% CuEq.
    • SLS-32: 372 m of 0.64% CuEq from 46 m depth within 618 m of 0.48% CuEq.
  • Follow-up drilling from existing platforms is underway, with a 260 m northeast step-out platform recently completed and a second platform stepping out further to the northeast under construction.

Additional drilling has expanded the growing southeast extension area, which remains open in near surface, high-grade mineralisation.

  • SLS-52 was collared on the eastern side of the grid and drilled southeast into an open volume near surface, returning 482 m of 0.62% CuEq from 96 m depth, within a broader interval of 977 m of 0.45% CuEq from near surface that infilled drilling at depth.
  • SLS-53 was collared from a southeastern platform and drilled south into an open volume near surface, returning 176 m of 0.78% CuEq from 16 m depth, within a broader interval of 957 m of 0.46% CuEq from 10 m depth that infilled drilling at depth.
  • This follows from near surface, high-grade mineralisation previously reported from:
    • SLS-45: 236 m of 0.56% CuEq from 44m depth within 564 m of 0.41% CuEq.
    • SLS-39: 368 m of 0.73% CuEq from 90 m depth within 915 m of 0.56% CuEq.
    • SLS-35: 326 m of 0.8% CuEq from 50 m depth within 920 m of 0.62% CuEq.
  • Additional platform construction to support follow-up and step-out drilling to test the further southeast extension of near surface, high-grade mineralisation is planned, following the release of the updated mineral resource estimate.
  • SLS-51 was collared from the south-central portion of the grid and drilled east into an open volume at surface, returning 918 m of 0.5% CuEq from 130 m depth within a broader interval of 1012 m of 0.47% CuEq from near surface that infilled drilling at depth.
  • Updated Warintza Central mineral resource estimate expected to be issued in April.
  • To date, 62 holes have been completed at Warintza Central, with assays reported for 54 of these.

Jorge Fierro, Vice President, Exploration, commented: “These final holes expand on two key growth areas with near surface, high-grade mineralisation on the edge of resource drilling that remains open. These holes will be included in the forthcoming resource update; further extensions to the northeast and southeast represent priority targets for further growth with step-out drilling commencing shortly.”

Read the article online at: https://www.globalminingreview.com/exploration-development/05042022/solaris-resources-provides-warintza-project-assay-results/

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