Solaris announces new discovery at Warintza South

Highlights

• SLSS-01 was the first hole ever drilled at Warintza South, which is an entirely separate porphyry deposit, located approximately 3 km south of the Warintza Central zone that has been the focus of the company’s resource expansion drilling efforts to date.
• SLSS-01 was drilled vertically and returned 606 m of 0.41% copper equivalent (CuEq) of continuous porphyry copper mineralisation from near surface, within a broader interval of 755 m of 0.36% CuEq, marking a significant new discovery on the project.
• Warintza South is reflected by a high conductivity anomaly over twice the size of Warintza Central, illustrating the very broad proportions of this newly discovered porphyry system, with approximate dimensions of 2.5 km x 2 km x 0.7 km.
• SLSS-01 targeted an exposure of leached capping within this anomaly; an ongoing program of detailed sampling, including an additional 265 soil samples and 131 rock samples, significantly expanded the geochemical anomaly and shifted its core to the northeast.
• Follow-up drilling targeting the interpreted core of the porphyry system is set to commence after additional drill platforms are prepared based on this recent mapping and sampling work refining the target and a dedicated exploration camp is set up to support a ramp-up in activities.
• Warintza South marks the fourth major copper discovery within the 7 km x 5 km Warintza porphyry cluster, with the adjacent Yawi and Caya targets still to be tested, as well as other recently generated targets within the broader land package to be revealed in a forthcoming update.

Jorge Fierro, Vice President, Exploration, commented: “We are delighted to have made a significant new discovery at Warintza South, with the first ever hole returning a long interval of well mineralised copper porphyry. The multi-kilometre dimensions of the target present a large-scale opportunity. Interpretation of the drill core together with recent mapping and sampling provide important vectors for follow-up drilling to be completed once additional access and infrastructure are established.”

Read the article online at: https://www.globalminingreview.com/exploration-development/21012022/solaris-announces-new-discovery-at-warintza-south/