Solitario Resources Completes Highly Successful 2024 Drilling Campaign

Original announcement by tmx on

Company
Solitario Resources Corp.
Ticker
SLR
Exchange
TSX
Region
South Dakota
Primary commodity
Gold
Secondary commodities
Zinc
Document categories
Drill results, Other
Extracted
2026-09-16 23:07:26 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Solitario Resources completed a successful 2024 drilling campaign at its Golden Crest property in South Dakota, discovering significant gold mineralization across four distinct geological environments. The results include high-grade intercepts such as 4.69 g/t gold over 2.68m in the Eleventh Hour zone and 11.33 g/t gold over 0.52m in a paleo-placer. The company plans to expand drilling into new targets like the Ponderosa area in mid-2025.

Reasoning: The 2024 drilling campaign successfully identified multiple new targets and significant gold mineralization across different geological environments, supporting the potential for a large-scale system.

Positive factors

  • Multiple new greenfield discoveries
  • Significant gold mineralization in four different areas
  • Strong QA/QC disclosure
  • Proximity to prolific Homestake-Wharf system

Facts used in scoring: 5

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Discovery of significant gold mineralization in four different widely-spaced areas and new greenfield discoveries.

Evidence · text

“Significant gold mineralization was discovered in four different widely-spaced areas.”

QA/QC Disclosedpositive

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

Why it applies: Release details specific QA/QC protocols including blanks, standards, and duplicates.

Evidence · text

“Thorough QA/QC protocols are followed on the Project, including insertion of duplicate, blank and standard samples in the assay stream”

Nearology Playneutral

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

Why it applies: Results are framed as a mirror image of the prolific Homestake-Wharf gold system.

Evidence · text

“Solitario's 36,500-acre land position may be a mirror image of the prolific Homestake - Wharf gold system.”

Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

Drill Results (5)

GC-011Golden Crest · goldGrade: 4.69Grade Unit: g/tIntercept: 2.68 mView all details
Link to this fact

Identity

Hole ID
GC-011
Project
Golden Crest
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
SLR

Geometry

Grade
4.69
Grade Unit
g/t
Intercept
2.68 m
From
161.9 m
To
164.58 m
Intercept Depth
161.9 m

Classification

Program
exploration
Sample Type
drill
Group ID
GC-011:161.9-164.58
Mining Method
underground

Location

Location
Eleventh Hour zone
Loc. Source
document

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-02-18T00:00:00.000Z

Reasoning: New discovery in the Eleventh Hour zone with solid grade and width.

Positive factors

  • Strong gold mineralization in massive limestone

Evidence · text

“GC-011: 2.68 meters @ 4.69 g/t gold starting at 161.9 meters”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

GC-010Golden Crest · goldGrade: 11.33Grade Unit: g/tIntercept: 0.52 mView all details
Link to this fact

Identity

Hole ID
GC-010
Project
Golden Crest
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
SLR

Geometry

Grade
11.33
Grade Unit
g/t
Intercept
0.52 m

Classification

Program
exploration
Sample Type
drill
Mining Method
underground

Location

Location
paleo-placer
Loc. Source
document

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-02-18T00:00:00.000Z

Reasoning: High grade paleo-placer intercept.

Positive factors

  • High grade intercept

Evidence · text

“GC-010, that intersected 11.33 g/t gold over 0.52 meters in a paleo-placer”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

GC-010Golden Crest · goldGrade: 2.45Grade Unit: g/tIntercept: 0.43 mView all details
Link to this fact

Identity

Hole ID
GC-010
Project
Golden Crest
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
SLR

Geometry

Grade
2.45
Grade Unit
g/t
Intercept
0.43 m

Classification

Program
exploration
Sample Type
drill
Mining Method
underground

Location

Location
Tertiary igneous breccia
Loc. Source
document

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-02-18T00:00:00.000Z

Reasoning: Lower grade component of GC-010.

Positive factors

  • Mineralized breccia

Evidence · text

“2.45 g/t gold over 0.43 meters in a Tertiary igneous breccia”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

GC-008Golden Crest · goldGrade: 1Grade Unit: g/tIntercept: 41 mView all details
Link to this fact

Identity

Hole ID
GC-008
Project
Golden Crest
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
SLR

Geometry

Grade
1
Grade Unit
g/t
Intercept
41 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Location
lower Deadwood Formation
Loc. Source
document

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-02-18T00:00:00.000Z

Reasoning: Significant width at economic grade.

Positive factors

  • Wide interval

Evidence · text

“Lands End - GC-008 that intersected 41 meters at approximately 1.0 g/t”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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

Why it applies: no cutoff_grade was stated

DownpourGolden Crest · goldGrade: 1.7Grade Unit: g/tIntercept: 30 mView all details
Link to this fact

Identity

Hole ID
Downpour
Project
Golden Crest
Commodity
gold
Region
south dakota
Reported Region
south dakota
Ticker
SLR

Geometry

Grade
1.7
Grade Unit
g/t
Intercept
30 m

Classification

Program
exploration
Sample Type
drill
Mining Method
open_pit

Location

Location
Downpour zone
Loc. Source
document

QA/QC

Laboratory
American Assay Laboratories
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2025-02-18T00:00:00.000Z

Reasoning: Consistent near-surface mineralization across three holes.

Positive factors

  • Near-surface mineralization
  • Consistent width

Evidence · text

“Downpour zone where near-surface mineralization was intersected in all three drill holes, each averaging about 30 meters of 1.7 g/t gold”

Tags used in scoring

QA/QC Disclosedpositive

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 Undisclosednegative

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.