Welcome to our dedicated page for Solaris Res news (Ticker: slsr), a resource for investors and traders seeking the latest updates and insights on Solaris Res stock.
Solaris Resources Inc (SLSR) delivers copper and gold exploration updates through its Latin American projects in Ecuador, Chile, and Peru. This news hub provides investors and industry observers with verified updates on resource modeling, drilling programs, and strategic developments.
Access comprehensive coverage of corporate announcements including project milestones, technical reports, and partnership agreements. Our curated news collection features:
• Exploration Results: Detailed drilling outcomes and resource estimates from flagship projects like Warintza
• Strategic Updates: Joint venture announcements and regional expansion plans
• Operational Insights: Geological findings and exploration methodology advancements
Bookmark this page for real-time updates on Solaris Resources' progress in developing high-grade copper systems and gold assets. Stay informed about critical developments affecting mineral resource evaluation in emerging mining jurisdictions.
Solaris Resources (NYSE: SLSR) has completed a major drilling campaign at its flagship Warintza Project in Ecuador, totaling 82,000 meters of infill drilling. The campaign aims to upgrade Inferred Resources to Measured and Indicated categories, with an updated Mineral Resource Estimate expected in Q3 2025.
The program included 15,000 meters of technical drilling and brings the total drilling at Warintza Central and East porphyry systems to over 200,000 meters. The company has completed 20 kilometers of internal road access and is advancing toward key milestones including:
- Environmental Impact Assessment technical approval targeted for mid-2025
- Pre-Feasibility Study completion expected in Q3 2025
- Final Investment Decision planned by year-end 2026
The project benefits from near-surface mineralization, which is expected to reduce initial capital requirements. Step-out exploration activities are ongoing across the company's 260 km² land package.
Solaris Resources (NYSE: SLSR) has announced the formation of an Inter-Institutional working group with the Arutam Shuar People (PSHA) in Ecuador, marked by signing a Letter of Intent (LOI) on February 5, 2025. This collaboration includes host communities of Warints and Yawi and the Ecuadorian State.
The company has completed its expanded infill resource drilling program, totaling over 80,000m, which will support an updated Mineral Resource Estimate (MRE) expected in mid-2025. This MRE will be incorporated into a Pre-Feasibility Study scheduled for release in Q3 2025.
The agreement builds upon existing partnerships, including an Impact and Benefits Agreement with Warints and Yawi communities (initially signed in 2020, updated in 2022 and 2024) and a trilateral cooperation agreement with the Interprovincial Federation of Shuar Centers (FICSH) and the Alliance for Entrepreneurship and Innovation of Ecuador (AEI).
Solaris Resources (TSX: SLS; NYSE: SLSR) has announced key leadership appointments to strengthen its management team. Richard Hughes has been appointed as Chief Financial Officer and Company Secretary, succeeding Sunny Lowe. Hughes brings over 20 years of experience in the natural resources sector and previously served as CFO at Trident Royalties PLC.
Additionally, Patrick Chambers has been named Vice President of Investor Relations, bringing 12 years of Latin America-focused experience across various commodities. Ignacio Shimamoto joins as Vice President of Finance, responsible for financial strategy, reporting, modeling, and procurement management.
The appointments are effective immediately and align with the company's strategy to maximize stakeholder returns. The company is continuing de-risking activities at its Warintza project, described as a world-class multi-generational copper deposit, throughout 2025.
Solaris Resources announces final steps to complete its emigration by year-end, including key management and board changes. Matthew Rowlinson, former Head of Copper Business Development at Glencore, will become President and CEO effective January 1, 2025, based in Zug, Switzerland. The company will close its Canadian offices and relocate operations. Rowlinson will invest C$500,000 in company shares through a private placement. Additionally, Solaris plans a spin-out transaction in 2025 to capitalize on non-core assets including La Verde, Capricho, and Paco Orco, forming a new copper-focused company.
Solaris Resources (NYSE: SLSR) reports progress at its Warintza Project, announcing drilling program expansion to exceed 75,000m by year-end, surpassing the planned 60,000m. The company has advanced infrastructure development, including 25km of improved road access and 8km of new roads. Notable drill results include SLS-111 yielding 90m of 1.12% CuEq within 475m of 0.46% CuEq from surface, and SLS-107 returning 96m of 0.82% CuEq within 543m of 0.51% CuEq from surface. Technical programs include completed geotechnical drilling and ongoing metallurgical studies, with comminution testing showing reduced hardness in the upper deposit.
Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) has reported assay results from its ongoing 2024 drilling program at the Warintza Project in Ecuador. Key highlights include:
- SLS-102: 93m of 1.01% CuEq within 156m of 0.74% CuEq from surface
- SLS-103: 87m of 1.23% CuEq within 528m of 0.59% CuEq from surface
- SLS-104: 84m of 1.00% CuEq within 485m of 0.77% CuEq from surface
- SLSE-54: 258m of 0.52% CuEq within 399m of 0.41% CuEq from surface
These results build on the 2024 Mineral Resource Estimate (MRE), with intercepts of high-grade mineralization partially outside the MRE in the northwest and northeast sectors. The drilling program has improved modelled grades in sparsely drilled areas and is on track to exceed the planned 60,000m for the year, with over 53,000m drilled by the end of Q3/24.
Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) has reported assay results from its ongoing 60,000m 2024 drilling program at the Warintza Project in Ecuador. Highlights include:
1. Northwest Sector: SLS-100 intercepted 475m of 1.03% CuEq from surface, including 427m of 1.11% CuEq.
2. Southeast Sector: SLSE-50 intercepted 445m of 0.53% CuEq from surface, including 84m of 0.70% CuEq.
3. New drilling record: 10km drilled in August, surpassing the previous peak of 8km set in 2021.
4. Results continue to build on the 2024 Mineral Resource Estimate, with high-grade mineralization found outside the MRE in northwest and southeast sectors.
5. Mineralization remains open to the southeast for approximately 600m within a large soil anomaly.
Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) has reported promising results from its Celestina target area, part of its ongoing district exploration program. The company has identified three parallel vein exposures near the original breccia outcrop, with follow-up rock chip sampling yielding high values of 16,019 g/t silver and 25.3 g/t gold. These findings suggest the presence of an underlying silver-gold-base metals vein system.
The exploration target at Celestina is conceptualized to be in the underlying volcanic rocks, which may support robust vein and fracture formation. Ongoing fieldwork aims to locate additional exposures and define the system's extent. Recent geotechnical drilling in other target areas has also encountered promising alteration, indicating potential for further discoveries.
Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) has submitted an Environmental Impact Assessment (EIA) for the construction of the Warintza Project in southeastern Ecuador. The EIA, spanning over 3,000 pages, represents more than 3.5 years of work and aligns with international standards. To date, over US$170 million has been invested in the Project, with nearly 100% procurement through Ecuadorean supply chains and 55% from local cantons. The Project employs over 500 people and is a significant job creator in the region.
With this milestone, Solaris will draw the second tranche of US$15 million from its Offtake Credit Facility, maintaining a strong liquidity position of US$84 million. The company is also taking initial steps to emigrate to Ecuador, transitioning its head office to Quito and considering further alignment with local stakeholders and regulators.
Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) has reported significant drill results from its ongoing 60,000m drilling program at the Warintza Project in Ecuador. The company has extended near-surface, high-grade mineralization to the north, northwest, and southeast of the Mineral Resource Estimate (MRE). Key highlights include:
- SLS-86: 57m of 1.11% CuEq within 105m of 0.88% CuEq from near surface
- SLS-84: 69m of 0.82% CuEq within 102m of 0.64% CuEq from near surface
- SLS-82: 69m of 0.77% CuEq within 249m of 0.38% CuEq from surface
The company is focusing on open lateral extensions of mineralization and converting waste through infill drilling. Step-out platforms have been constructed to test potential expansions to the northwest and southwest, which could significantly enlarge the MRE pit.
