SOLARIS RES INC - SLSSF STOCK NEWS

Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) has announced the discovery of a new porphyry mineralization zone named Patrimonio at its Warintza Project in Ecuador. This site, located southwest of the Central deposit, shows significant mineralization potential, with rock samples revealing up to 1.6% copper and averages of 0.18% copper, 630 ppm molybdenum, and 0.16 g/t gold. Soil samples also display promising averages of 764 ppm copper and 89 ppm molybdenum. Initial drilling platforms are set up, with drilling expected to commence soon. The discovery supports the ongoing expansion of the mineral resource estimate (MRE) which aims to enhance the project’s value.

Solaris Resources Inc (TSX: SLS; OTCQB: SLSSF) announced significant assay results from its Warintza East drilling project in Ecuador. This project has revealed a second, higher-grade porphyry center which enhances expansion potential. Notable drill results include SLSE-23 returning 626m of 0.50% CuEq and SLSE-24 yielding 156m of 0.52% CuEq. This drilling confirms the deposit's considerable size and suggests further exploration is necessary. The focus remains on extending the known mineralization towards the south, with results indicating the potential for stronger grades.

On March 29, 2023, Solaris Resources (OTCQB: SLSSF) announced that it has received exercises of common share purchase warrants totaling C$30.2 million since its last quarterly results on November 8, 2022. Notably, Executive Chairman Richard Warke and Equinox Gold exercised 23.1 million warrants at C$1.20, generating C$27.7 million. Following this, Equinox sold its remaining 7.5 million shares of Solaris on the Toronto Stock Exchange. Solaris continues to advance its portfolio of copper and gold assets across the Americas, focusing on significant projects in Ecuador, Chile, and Peru.

Solaris Resources Inc. (OTCQB: SLSSF) announced important assay results from its ongoing drilling campaign at the Warintza Project in Ecuador. The drilling targets the Northeast Extension of the ‘Indicative Starter Pit’, with an estimated resource of 180 Mt at 0.82% CuEq (Indicated) and 107 Mt at 0.73% CuEq (Inferred). Highlights include drill hole SLS-70, which returned 186m of 0.64% CuEq, and SLS-69, which yielded 156m of 0.60% CuEq. Assays from additional step-out drilling are pending, and further platforms will be constructed as weather permits. The ongoing exploration aims to enhance resource growth at Warintza East and identify new mineralized areas.

Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) has appointed Poonam Puri as an independent Director, effective immediately, replacing Greg Smith, who steps down to focus on other commitments. Puri, a recognized expert in corporate governance and law, brings extensive experience from various sectors, including mining and transportation. Smith expressed confidence in Solaris' progress, particularly with the Warintza Project, which he helped advance. CEO Daniel Earle praised Smith's contributions and highlighted Puri's valuable expertise in governance and ESG.

Solaris Resources Inc. (OTCQB: SLSSF) announced updated geochemical sampling and recent drill results from its Warintza West project in Ecuador. The exploration has revealed a potential target for higher-grade mineralization measuring approximately 1000m x 500m, with soil samples averaging 600 ppm Cu and 80 ppm Mo. Notable drill results include SLSW-13, which returned 320m of 0.50% CuEq from near surface, and SLSW-04 that yielded 264m of 0.44% CuEq. The company continues to expand its mining activities with the ongoing drill program targeting growth at Warintza Central and the Warintza East discovery. Results are expected soon.

Solaris Resources announced promising metallurgical testing results from its Warintza Project in Ecuador, validating high recovery rates for copper, molybdenum, and gold. The tests, conducted by FLSmidth, demonstrated over 90% recovery for copper and 70% for gold, with molybdenum recovery exceeding 80% at a time of rising prices above $30/lb. The study confirms high-grade concentrates with minimal deleterious elements. The project includes a mineral resource estimate of 150 kt Mo, indicating strong potential for valuable byproducts. Further optimization testing is planned to boost recoveries even more.

Solaris Resources Inc. (OTCQB: SLSSF) announced significant assay results from drilling at the Warintza East discovery in Ecuador. The drilling program has expanded the mineralized footprint predominantly to the northeast, east, and south. Key results include:

• SLSE-16: 108m of 0.57% CuEq, within 712m of 0.45% CuEq.
• SLSE-17: 144m of 0.52% CuEq, within 914m of 0.40% CuEq.
• SLSE-19: 270m of 0.40% CuEq, within 580m of 0.31% CuEq.

These results confirm Warintza East as a significant porphyry deposit with potential for further expansion, pending additional assays from ongoing drilling.