# Solitario Completes Phase-One Drilling at Golden Crest - Reports Initial Drill Results for Ponderosa

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/solitario-completes-phase-one-drilling-at-golden-crest-reports-initial-drill-res--313c9d3c-7cd4-458f-9d4c-ae9fad809593

Original source: https://money.tmx.com/en/quote/SLR/news/5199653073828130/solitario-completes-phase-one-drilling-at-golden-crest-reports-initial-drill-res

Publisher: tmx

Original announcement: 2026-09-02T12:30:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Solitario Resources Corp.

- Ticker: SLR

- Exchange: TSX

- Region: South Dakota

- Primary commodity: Gold

- Secondary commodities: Molybdenum, Rhenium

- Document categories: Drill results, Other

- Extracted: 2026-09-16 22:20:22 UTC

Narrative sentiment: -0.20 · Bearish

## Minestarters Atlas summary

Solitario Resources reported initial assay results from three core holes at the Ponderosa area of the Golden Crest gold project, intersecting low-grade gold \(0.02 to 0.40 g/t Au\). While no high-grade feeder zones were identified in these initial holes, drone magnetic surveys have identified a large new target area on the western margin. The company has also mobilized to its Cat Creek molybdenum-rhenium project in Colorado.

Reasoning: The initial drill results from the Ponderosa area are low-grade \(0.02 to 0.40 g/t Au\), failing to hit high-grade targets, though geophysical data provides new exploration vectors.

- Positive factor: QA/QC protocols disclosed

- Positive factor: QP sign-off provided

- Positive factor: Geophysical surveys provide new targeting vectors

- Negative factor: Initial results are low-grade

- Negative factor: No high-grade feeder zones intersected in first three holes

Facts used in scoring: 3

## Classification and evidence

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: Release includes details on duplicates, blanks, standards, and secure chain of custody.

Evidence · text

> Thorough QA/QC protocols are followed on the Project, including insertion of duplicate, blank and standard samples

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: Not applicable as QA/QC is disclosed.

**Nearology Play**

Polarity: neutral

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: Project is located along the extensions of the Homestake-Wharf mining district.

Evidence · text

> strategic land holdings \(25,350 acres\) along the western and southwestern extensions of the Homestake-Wharf mining district

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Drill Results (3)

### PD-007

[Link to this fact](https://atlas-extractions.minestarters.com/news/solitario-completes-phase-one-drilling-at-golden-crest-reports-initial-drill-res--313c9d3c-7cd4-458f-9d4c-ae9fad809593#fact-drill-facts-0)

Golden Crest · gold

#### Identity

- Hole ID: PD-007
- Project: Golden Crest
- Commodity: gold
- Region: south dakota
- Reported Region: south dakota
- Ticker: SLR

#### Geometry

- Grade: 1.37
- Grade Unit: g/t
- Intercept: 1.3 m

#### Classification

- Sample Type: drill

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-02T00:00:00.000Z

Reasoning: A modest intercept in older Precambrian rocks, slightly higher than the surrounding low-grade mineralization.

Evidence · text

> Hole PD-007... intersected 1.3 meters grading 1.37 gpt gold in older Precambrian rocks.

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### PD-001

[Link to this fact](https://atlas-extractions.minestarters.com/news/solitario-completes-phase-one-drilling-at-golden-crest-reports-initial-drill-res--313c9d3c-7cd4-458f-9d4c-ae9fad809593#fact-drill-facts-1)

Golden Crest · gold

#### Identity

- Hole ID: PD-001
- Project: Golden Crest
- Commodity: gold
- Region: south dakota
- Reported Region: south dakota
- Ticker: SLR

#### Geometry

- Grade: 0.4
- Grade Unit: g/t

#### Classification

- Sample Type: drill

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-02T00:00:00.000Z

Reasoning: Part of a range of low-grade intercepts reported.

- Negative factor: Low grade

Evidence · text

> intersected low level gold mineralization \(0.02 to 0.40 gpt\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

### PD-002

[Link to this fact](https://atlas-extractions.minestarters.com/news/solitario-completes-phase-one-drilling-at-golden-crest-reports-initial-drill-res--313c9d3c-7cd4-458f-9d4c-ae9fad809593#fact-drill-facts-2)

Golden Crest · gold

#### Identity

- Hole ID: PD-002
- Project: Golden Crest
- Commodity: gold
- Region: south dakota
- Reported Region: south dakota
- Ticker: SLR

#### Geometry

- Grade: 0.02
- Grade Unit: g/t

#### Classification

- Sample Type: drill

#### QA/QC

- Laboratory: ALS Global
- QA/QC Disclosed: Yes
- QP Signed: Yes
- QA/QC Methods: standards, blanks, duplicates

#### Deleterious

- Deleterious Flag: No

#### Review

- Needs Review: No
- Interp. Status: scored
- Historical: No

#### Dates

- Event date: 2026-09-02T00:00:00.000Z

Reasoning: Part of a range of low-grade intercepts reported.

- Negative factor: Low grade

Evidence · text

> intersected low level gold mineralization \(0.02 to 0.40 gpt\)

#### Tags used in scoring

**QA/QC Disclosed**

Polarity: positive

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: qaqc\_disclosed is true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
