Solaris Resources Drilling Update on Warintza Project in Ecuador
Solaris Resources Warintza ProjectSolaris Resources

Solaris Resources Drilling Update on Warintza Project in Ecuador

Solaris Resources Inc has reported results from two additional holes from the ongoing diamond drill program at its Warintza Project in south eastern Ecuador.

Solaris Resources Inc has reported results from two additional holes from the ongoing diamond drill program at its Warintza Project in south eastern Ecuador. Solaris Resources Vice President Exploration Mr Jorge Fierro said "Our drilling continues to demonstrate major extensions of mineralization to depth at Warintza Central with these latest results extending our drilling footprint to the north and northeast. The pace of drilling has now ramped up aggressively with six rigs operating, which will lead to a commensurate increase in the pace of results being reported as assays are returned from the lab."

Highlights

Two additional holes, as detailed below, have returned long intervals of high-grade mineralization, well beyond the 200m average depth-extent of historical drilling informing the Warintza Central resource, and extended mineralization to the north and northeast

SLS-07 was collared from the same platform as SLS-03 (drilled to the west) and SLS-04 (vertical) but drilled to the northeast, returning 1,067m of 0.60% CuEq¹ (0.49% Cu, 0.02% Mo, and 0.04 g/t Au), including 700m of 0.70% CuEq¹ (0.58% Cu, 0.03% Mo, and 0.04 g/t Au) from surface, bottoming in mineralization far beyond the 150m depth of the corresponding historical hole

SLS-08 stepped out approximately 100m further to the northeast of hole SLS-07 and was drilled to the north, returning 454m of 0.62% CuEq¹ (0.51% Cu, 0.03% Mo, and 0.03 g/t Au), including 140m of 1.05% CuEq¹ (0.90% Cu, 0.03% Mo, and 0.05 g/t Au), further extending mineralization in this direction

To date, 14,500 metres have been drilled at Warintza Central in 16 holes, with results reported for the first eight holes. Drilling is ongoing with five rigs at Warintza Central and one rig at Warintza West

Warintza Central is presently defined by a pit-optimized Mineral Resource estimate of 124 Million tonnes of Inferred Resources grading 0.70% CuEq² (0.56% Cu, 0.03% Mo and 0.1 g/t Au), based on historic drilling totaling less than 7,000m and averaging less than 200m in depth. The resource is open laterally and at depth and is one of five main targets set within the 5km x 5km cluster of copper porphyries identified on the Warintza property, all of which show a similar surface expression to Warintza Central.

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