sur Solitario Resources Corp. (NASDAQ:XPL)
Solitario Resources Corp Announces Major Gold Ore Discovery at Golden Crest Project
Solitario Resources Corp (NYSE American: Surface samples revealed grades of up to 52.9 g/t gold, over a minimum extent of 1.6 kilometers long and 300 meters wide. This zone extends in all directions and is interpreted to be a continuation of the high-grade Downpour gold trend, located approximately 1.2 kilometers to the southwest.
The Wild Rose zone is defined by 101 surface samples, of which 34 contain greater than 1.0 g/t gold. Two zones of intense mineralization have been identified. The southern zone is the best defined, with a length of 480 meters and a width of up to 320 meters. The northern zone, less discovered, however shows a high-grade zone more than 200 meters long. Chris Herald, president and CEO of Solitario, expresses optimism about the significance of this discovery.
In December 2023, Solitario obtained final approvals for its drilling program at Golden Crest, without the need for additional environmental studies. Solitario's South Dakota properties cover more than 33,000 acres, boasting secure jurisdiction and developed infrastructure. These developments form a solid basis for continued exploration and potential development of the discovered gold mineralization.
R. E.
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