Solaris strengthens its dominant position in the world-class Warintza district through an option to acquire new, highly prospective exploration concessions adjacent to the flagship project New areas interpreted to host significant copper mineralization, characterized by widespread potassic alteration typical of large copper porphyry systems Early-stage prospecting results from Solaris 1 identify compelling copper [...]
Globally significant Mineral Resource with extensive mine life and first quartile cash costs driving significant Free Cash Flow generation: Average annual copper equivalent production of over 300,000 tonnes in the first five years and over 240,000 tonnes during the first 15 years First quartile All-In Sustaining Cost of US$0.85/lb of payable Cu for the first five years and US$1.07/lb of payable Cu during the first 15 [...]
HIGHLIGHTS: Landmark agreement signed with PSHA, completing formal partnerships with all Indigenous organisations surrounding the Warintza Project Pre-Feasibility Study advancing with positive momentum, incorporating updated Mineral Resource Estimate including Warintza West Final Technical EIA submitted and currently under government review, following positive engagement with the Ministry of Environment and Energy FPIC [...]
HIGHLIGHTS: Non-dilutive US$200 million funding package from Royal Gold, comprising a gold stream and NSR royalty, US$100 million of which is available immediately The package provides the funding required to repay the Senior Debt facility and is expected to provide the necessary liquidity to fund all value accretive derisking activities through to a final investment decision Stream expected to represent a small [...]
HIGHLIGHTS: Solaris completes significant drilling campaign at its flagship Warintza project 82,000 metres of infill drilling Updated Mineral Resource Estimate targeted for Q3 2025 Step-out field exploration activities are ongoing Technical approval of the Environmental Impact Assessment on target for mid-2025 Pre-Feasibility Study on target for publication in Q3 2025 Re-election of President Daniel Noboa provides [...]
HIGHLIGHTS: Solaris has formed an Inter-Institutional working group with the Arutam Shuar People , ratified through the signing of a Letter of Intent The Company has formed an Inter-Institutional working group with the PSHA, together with our host communities of Warints and Yawi and the Ecuadorian State The PSHA and its Governing Council ratified this process through the signing of a LOI aimed at advancing dialogue in [...]
HIGHLIGHTS: Solaris advances emigration by expanding its leadership team Richard Hughes appointed as CFO to lead the finance and associated functions Patrick Chambers appointed as VP, Investor Relations to drive global investor engagement Ignacio Shimamoto appointed as VP, Finance to oversee financial strategy Final emigration steps are complete subject to a few administerial matters QUITO, Ecuador, Jan. 08, 2025 [...]
Solaris Resources Inc. is pleased to announce the final steps to complete its emigration by year-end following the Company's previous announcement to position the Company to maximize returns for shareholders and protect the interests of stakeholders by aligning with regulators in Ecuador as Warintza completes the permitting process . In connection with the emigration, the Company is pleased to announce the appointment of [...]
Solaris Resources Inc. is pleased to provide a Warintza Project update, including the latest assay results from its ongoing 2024 drilling program, now set to exceed 75,000m, and report on technical programs and early works infrastructure development. Project Update Drilling Solaris achieved the 60,000m of planned meterage for its 2024 drilling program by the end of October, and is now set to exceed 75,000m by the end of [...]
Solaris Resources Inc. is pleased to report assay results from its ongoing 2024 drilling program of 60,000m targeting open extensions of mineralization while upgrading mineral resources and converting waste at its Warintza Project in southeastern Ecuador. Highlights are listed below with detailed results in Figure 1 and Tables 1-2. Highlights Drill results reported here build on the 2024 Mineral Resource Estimate¹ , with [...]
Solaris Resources Inc. is pleased to report assay results from its ongoing 60,000m 2024 drilling program that aims to target open extensions of mineralization while upgrading mineral resources and converting waste at its Warintza Project in southeastern Ecuador. Highlights are listed below with detailed results in Figure 1 and Tables 1-2. Highlights Drill results continue to build on the 2024 Mineral Resource Estimate [...]
Solaris Resources Inc. is pleased to provide an update on recent results from the Celestina target area as part of its continuing district exploration program. Celestina lies within the search domain for epithermal deposits east of the Warintza porphyry cluster and is defined by a 4.5km by 3km area of hydrothermal alteration and elevated zinc, lead, arsenic and mercury values in soil. Additional prospecting in an [...]
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