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Solaris Resources reports Warintza assay results

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Global Mining Review,

Solaris Resources Inc. has reported assay results from a series of holes aimed at upgrading and growing mineral resources at its Warintza Project in southeastern Ecuador.

Northeast Extension

SLS-57 was collared at the northeastern limit of the Warintza Central grid and drilled northeast into an entirely open volume, returning 230 m of 0.73% copper equivalent (CuEq) from 56 m depth within a broader interval of 926 m of 0.61% CuEq from surface, extending the zone 200 m to the northeast where it remains open.

Additional drilling aimed at expanding the zone to the north from this platform and broadening the zone with holes from the platform located 200 m to the west where SLS-48 returned 100m of 1.64% CuEq from 50 m depth within 852 m of 0.56% CuEq have been completed with assays pending.

The Northeast Extension zone is characterised by near surface, high-grade mineralisation, and represents a priority target for growth of the ‘Indicative Starter Pit’ recently estimated at 180 million t at 0.82% CuEq (indicated) and 107 million t at 0.73% CuEq (inferred) within the Warintza mineral resource estimate (MRE).

Warintza Central

A limited programme of follow-up drilling at Warintza Central within the MRE envelope is aimed at upgrading targeted volumes that the geological model predicts hold potential for higher grades than the MRE reflects, as well as increasing the confidence of mineral resources in the Inferred category.

SLS-56 was collared from the southeastern portion of the grid and drilled east, returning 102 m of 0.9% CuEq from 48 m depth within a broader interval aimed at adding definition to the southern portion of the overlap between the Warintza Central and Warintza East deposits.

SLS-60 was collared from the central portion of the grid and drilled south, returning 154 m of 0.9% CuEq from 70 m depth within a broader interval of 829 m of 0.58% CuEq from 44 m depth.

SLS-61 was collared from the south-central portion of the grid and drilled southwest, returning 930 m of 0.77% CuEq from surface, successfully infilling data in this area.

SLS-58 was collared from the south-central portion of the grid and drilled north-east into an area that the exploration model predicted could be upgraded, and successfully returned 741 m of 0.62% CuEq from 102 m depth, improving on the grade modelled in this volume.

SLS-59 was collared from the southwestern portion of the grid and drilled north-east, returning 238 m of 0.85% CuEq from near surface within a broader interval of 511 m of 0.73% CuEq from surface.

Jorge Fierro, Vice President, Exploration, commented: “Ongoing follow-up drilling from existing and newly constructed platforms aims to expand on the Northeast Extension zone and grow the high-grade indicative starter pit, while also targeting areas within Warintza Central where resource classification can be upgraded with targeted drilling. In addition, we have completed a considerable amount of drilling from our recent Warintza East discovery targeting major growth with assays pending.”

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