Join President & CEO, Christopher Herald, at the Tumazos Very Independent Research Webinar, December 8, 2022, 9:45 AM EST

Rhea-AI Summary

Solitario Zinc Corp. (NYSE American: XPL) will participate in the John Tumazos Very Independent Research Conference on December 8, 2022. CEO Chris Herald will present updates on the Golden Crest project and other zinc projects. The company also holds significant interests in the Lik and Florida Canyon zinc projects through joint ventures. Currently, Solitario has a cash balance of approximately US$6.0 million and its management holds about 9.3% of the total shares. The company emphasizes its commitment to ESG principles.

Positive

• Participation in the John Tumazos Very Independent Research Conference to update on projects.
• Strong joint venture interests in Lik and Florida Canyon zinc projects.
• Cash balance of approximately US$6.0 million, indicating financial stability.

Negative

• Uncertainties regarding the success of exploration and property advancement efforts.
• Potential risks associated with obtaining necessary permits and approvals.

DENVER, CO / ACCESSWIRE / December 5, 2022 / Solitario Zinc Corp. ("Solitario") (NYSE American:XPL)(TSX:SLR) is pleased to announce that it is participating in the John Tumazos Very Independent Research Conference on Thursday, December 8, 2022.

Mr. Herald will deliver an online presentation at 9:45 am EST, featuring updates on the Golden Crest project located in South Dakota. For more information on the conference and to register for Solitario's webinar, please click here.

Chris Herald, President and CEO of Solitario, stated: "In this upcoming webinar, I will be focus on providing an update to the Golden Crest gold project as well as our two high-grade zinc projects, the Florida Canyon and Lik deposits. I hope you can join the conversation."

About Solitario

Solitario is a natural resource exploration and development company focused on high-quality Tier-1 gold and zinc projects. The Company is traded on the NYSE American ("XPL") and on the Toronto Stock Exchange ("SLR"). In addition to its Golden Crest project, Solitario holds 50% joint venture interest (Teck Resources 50%) in the high-grade Lik zinc deposit in Alaska and a 39% joint venture interest (Nexa Resources holds the remaining 61% interest) on the high-grade Florida Canyon zinc project in Peru. Solitario is carried to production through its joint venture arrangement with Nexa. Solitario's Management and Directors hold approximately 9.3% (excluding options) of the Company's 62 million shares outstanding. Solitario's cash balance and marketable securities stand at approximately US$6.0 million. Additional information about Solitario is available online at www.solitariozinc.com.

Solitario has a long history of committed Environmental, Social and Responsible Governance ("ESG") of its business. We realize ESG issues are also important to investors, employees and all stakeholders, including communities in which we work. We are pledged to operate our business in a manner that supports environmental and social initiatives and responsible corporate governance. Importantly, we selected joint venture partners that also value the importance of ESG issues in the conduct of their business on our joint venture projects and are leaders in the industry in this important segment of our business.

For More Information Please Contact:

Christopher E. Herald President & CEO (303) 534-1030, Ext. 14

Anne Hite Director - Investor Relations (303) 519-5149 anne@solitariozinc.com

Cautionary Statement Regarding Forward Looking Information

This press release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933 and the U.S. Securities Exchange Act of 1934, and as defined in the United States Private Securities Litigation Reform Act of 1995 (and the equivalent under Canadian securities laws), that are intended to be covered by the safe harbor created by such sections. Forward-looking statements are statements that are not historical facts. They are based on the beliefs, estimates and opinions of the Company's management on the date the statements are made and address activities, events or developments that Solitario expects or anticipates will or may occur in the future, and are based on current expectations and assumptions. Forward-looking statements involve a number of risks and uncertainties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Solitario's Golden Crest land position does not cover any of the areas of historical gold production or historical unmined resources. Certain historical information concerning exploration and gold production in the Black Hills region has been obtained through both public and private sources and are believed to be substantially factual, but Solitario can give no assurances of the accuracy of such information. The existence of historic mines and resources adjacent to Solitario's land position do not necessarily support the existence economic mineral deposits on Solitario's land position. Such forward-looking statements include, without limitation, statements regarding the Company's expectation of the projected timing and outcome of engineering studies; expectations regarding the receipt of all necessary permits and approvals to implement a mining plan, if any, at any of its mineral properties. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, among others, risks relating to risks that Solitario's and its joint venture partners' exploration and property advancement efforts will not be successful; risks relating to fluctuations in the price of zinc, gold, lead and silver; the inherently hazardous nature of mining-related activities; uncertainties concerning reserve and resource estimates; availability of outside contractors, and other activities; uncertainties relating to obtaining approvals and permits from governmental regulatory authorities; the possibility that environmental laws and regulations will change over time and become even more restrictive; and availability and timing of capital for financing the Company's exploration and development activities, including uncertainty of being able to raise capital on favorable terms or at all; risks relating to the impacts of Covid-19 or similar variants; as well as those factors discussed in Solitario's filings with the U.S. Securities and Exchange Commission (the "SEC") including Solitario's latest Annual Report on Form 10-K and its other SEC filings (and Canadian filings) including, without limitation, its latest Quarterly Report on Form 10-Q. The Company does not intend to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required under applicable securities laws.

SOURCE: Solitario Zinc Corp.

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FAQ

What will Solitario discuss at the John Tumazos Conference on December 8, 2022?

Solitario will provide updates on the Golden Crest project and its zinc projects during the conference.

What are the current joint venture interests of Solitario Zinc Corp.?

Solitario holds a 50% interest in the Lik zinc deposit in Alaska and a 39% interest in the Florida Canyon zinc project in Peru.

What is the cash position of Solitario Zinc Corp. as of December 2022?

Solitario's cash balance stands at approximately US$6.0 million.

What is the stock symbol of Solitario Zinc Corp.?

The stock symbol for Solitario Zinc Corp. is XPL.