Solitario Resources Intersects New Discovery of Significant Wharf-Style Gold Mineralization at Golden Crest - Hole Ends in Multi-Gram Gold
Original announcement by tmx on
- Company
- Solitario Resources Corp.
- Ticker
- SLR
- Exchange
- TSX
- Region
- South Dakota
- Primary commodity
- Gold
- Secondary commodities
- None reported
- Document categories
- Drill results
- Extracted
- 2026-09-16 23:07:24 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Solitario Resources has intersected significant gold mineralization at its Golden Crest Project in South Dakota. Drill hole GC-008 returned 41.0m at 1.0 g/t gold, with grades increasing to 3.4 g/t in the final two meters before the hole was terminated.
Reasoning: The announcement reports a significant new discovery of gold mineralization in a new stratigraphic horizon (Lower Deadwood) outside the historic district, with grades increasing at depth.
Positive factors
- New discovery of Wharf-style mineralization
- Significant thickness (41m) in the lower Deadwood formation
- Increasing grades with depth
- Proximity to historic high-grade district
Negative factors
- Hole terminated early due to technical drilling difficulties
- True width not estimated
Facts used in scoring: 5
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Mineralization discovered in the Lower Deadwood formation outside of the historic district.
Evidence · text
“GC-008 represents the first mineralization ever discovered in Lower Deadwood outside of the historic district.”
Apparent Width Onlynegative
Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.
Why it applies: True thickness cannot be estimated based on this single drill hole.
Evidence · text
“True thickness cannot be estimated based on this single drill hole.”
QA/QC Disclosedpositive
Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).
Why it applies: Release includes details on lab (American Assay Laboratories), insertion of 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 for all drill holes.”
Nearology Playneutral
Value premise rests on proximity to a known deposit rather than own results.
Why it applies: Project is located near the historic Homestake-Wharf gold district.
Evidence · text
“The lower Deadwood formation hosts the majority of Tertiary gold mineralization in the historic Homestake-Wharf gold district situated several miles east of Solitario's land position.”
Extracted facts
Stored fact records: 5. Some facts used in scoring do not have a stored record.
Drill Results (5)
GC-008Golden Crest · goldGrade: 1Grade Unit: g/tIntercept: 41 mView all detailsHide details
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
- From
- 322.5 m
- To
- 363.5 m
- Hole Depth
- 363.5 m
- Intercept Depth
- 322.5 m
Classification
- Sample Type
- drill
- Group ID
- GC-008:322.5-363.5
- Mining Method
- underground
Location
- Location
- lower Deadwood rock formation
- Azimuth
- 280 °
- Dip
- -65 °
- 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
- 2024-12-09T00:00:00.000Z
Reasoning: Significant intercept in a new formation.
Positive factors
- Substantial thickness
- New stratigraphic discovery
Negative factors
- True width not stated
Evidence · table
“1.0”
Context: 41.0
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: 1.7Grade Unit: g/tIntercept: 19.4 mView all detailsHide details
Identity
- Hole ID
- GC-008
- Project
- Golden Crest
- Commodity
- gold
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- SLR
Geometry
- Grade
- 1.7
- Grade Unit
- g/t
- Intercept
- 19.4 m
- From
- 344.2 m
- To
- 363.5 m
- Hole Depth
- 363.5 m
- Intercept Depth
- 322.5 m
Classification
- Sample Type
- drill
- Group ID
- GC-008:344.2-363.5
- Mining Method
- underground
Location
- Location
- lower Deadwood rock formation
- Azimuth
- 280 °
- Dip
- -65 °
- 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
- 2024-12-09T00:00:00.000Z
Reasoning: Sub-interval of the main intercept.
Evidence · table
“1.7”
Context: 19.4
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: 2.2Grade Unit: g/tIntercept: 5.7 mView all detailsHide details
Identity
- Hole ID
- GC-008
- Project
- Golden Crest
- Commodity
- gold
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- SLR
Geometry
- Grade
- 2.2
- Grade Unit
- g/t
- Intercept
- 5.7 m
- From
- 344.2 m
- To
- 349.9 m
- Hole Depth
- 363.5 m
- Intercept Depth
- 322.5 m
Classification
- Sample Type
- drill
- Group ID
- GC-008:344.2-349.9
- Mining Method
- underground
Location
- Location
- lower Deadwood rock formation
- Azimuth
- 280 °
- Dip
- -65 °
- 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
- 2024-12-09T00:00:00.000Z
Reasoning: Sub-interval of the main intercept.
Evidence · table
“2.2”
Context: 5.7
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: 2.1Grade Unit: g/tIntercept: 8.4 mView all detailsHide details
Identity
- Hole ID
- GC-008
- Project
- Golden Crest
- Commodity
- gold
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- SLR
Geometry
- Grade
- 2.1
- Grade Unit
- g/t
- Intercept
- 8.4 m
- From
- 355.1 m
- To
- 363.5 m
- Hole Depth
- 363.5 m
- Intercept Depth
- 322.5 m
Classification
- Sample Type
- drill
- Group ID
- GC-008:355.1-363.5
- Mining Method
- underground
Location
- Location
- lower Deadwood rock formation
- Azimuth
- 280 °
- Dip
- -65 °
- 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
- 2024-12-09T00:00:00.000Z
Reasoning: Sub-interval of the main intercept.
Evidence · table
“2.1”
Context: 8.4
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: 3.4Grade Unit: g/tIntercept: 2 mView all detailsHide details
Identity
- Hole ID
- GC-008
- Project
- Golden Crest
- Commodity
- gold
- Region
- south dakota
- Reported Region
- south dakota
- Ticker
- SLR
Geometry
- Grade
- 3.4
- Grade Unit
- g/t
- Intercept
- 2 m
- From
- 361.5 m
- To
- 363.5 m
- Hole Depth
- 363.5 m
- Intercept Depth
- 322.5 m
Classification
- Sample Type
- drill
- Group ID
- GC-008:361.5-363.5
- Mining Method
- underground
Location
- Location
- lower Deadwood rock formation
- Azimuth
- 280 °
- Dip
- -65 °
- 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
- 2024-12-09T00:00:00.000Z
Reasoning: High grade at the end of the hole.
Positive factors
- Highest grades encountered
Evidence · table
“3.4”
Context: 2.0
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.