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Solaris Resources releases update on its Warintza project

Published by , Editorial Assistant
Global Mining Review,


Solaris Resources Inc. has reported assay results from a series of holes aimed at growing the Northeast extension of the ‘Indicative Starter Pit’ at its Warintza Project in Southeastern Ecuador.

Highlights

Additional drilling has expanded the Northeast extension 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). This zone is characterised by near surface, high-grade mineralisation and remains open for further growth with follow-up drilling underway.

  • SLS-66 was collared on a platform at the Northeastern limit of the Warintza central grid and drilled Southwest into an open volume, returning 124 m of 0.82% CuEq within a broader interval of 622 m of 0.42% CuEq starting from surface.
  • SLS-66 follows from previous holes SLS-63 and SLS-54, which were drilled from the same pad to the North and Southeast and respectively returned high-grade intervals of 230 m of 1.02% CuEq and 356 m of 0.73% CuEq within broader intervals.
  • SLS-64 was collared on a platform at the Northern limit of Warintza `central and drilled North-Northeast into an open volume, returning 110 m of 0.54% CuEq from near surface within a broader interval of 440m of 0.48% CuEq, extending and broadening the zone to the North in this area.
  • SLS-64 follows from previous holes SLS-62 and SLS-48, which were drilled from the same pad to the Northeast and South and respectively returned high-grade intervals of 168 m of 0.68% CuEq and 100 m of 1.64% CuEq within broader intervals.
  • SLS-65, which is a step out hole from a new platform 200 m to the North, has now been completed after operational delays with adjustments to the platform for drilling and assays are expected within the next four weeks.

Mr. Jorge Fierro, Vice President, Exploration, commented:

“Drilling from existing and recently-completed platforms in the Northeast extension zone is a key driver in the expansion of the ‘Indicative Starter Pit’, and we look forward to reporting the next set of results in the near future as the backlog of assays pending is now resolved.”

Read the article online at: https://www.globalminingreview.com/mining/09092022/solaris-recources-releases-update-on-its-warintza-project/

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