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

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/solitario-completes-phase-one-drilling-at-golden-crest-reports-initial-drill-res--9d8c8a0a-05de-4f0e-87a2-b3085a5c1296

Original source: https://www.accessnewswire.com/newsroom/en/metals-and-mining/solitario-completes-phase-one-drilling-at-golden-crest-reports-initial-drill-resu-1215633

Publisher: accesswire

Original announcement: 2026-09-02T13:16:32.756Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Solitario Resources Corp.

- Ticker: XPL

- Exchange: Unavailable

- Region: South Dakota

- Primary commodity: Gold

- Secondary commodities: Molybdenum, Rhenium

- Document categories: Drill results, Other

- Extracted: 2026-09-02 13:19:00 UTC

Narrative sentiment: -0.20 · Bearish

## Minestarters Atlas summary

Solitario Resources reported initial assay results from three core holes at the Golden Crest gold project in South Dakota, which intersected low-level gold mineralization. While the initial intercepts did not hit high-grade feeder zones, new drone magnetic surveys have identified a large, potentially significant target area on the western margin of the property.

Reasoning: Initial drill results from the Ponderosa area were low-grade, though geophysical data suggests a significant new target area on the western margin.

- Positive factor: new magnetic target area identified

- Positive factor: QA/QC protocols disclosed

- Negative factor: initial results below high-grade expectations

- Negative factor: no high-grade feeder zones cut 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 mentions insertion of duplicate, blank and standard samples and use of ALS Global.

Evidence · text

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

## Extracted facts

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

## Drill Results (3)

### PD-001

[Link to this fact](https://atlas-staging.minestarters.com/news/solitario-completes-phase-one-drilling-at-golden-crest-reports-initial-drill-res--9d8c8a0a-05de-4f0e-87a2-b3085a5c1296#fact-drill-facts-0)

Golden Crest · gold

#### Identity

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

#### Geometry

- Grade: 0.4
- Grade Unit: gpt

#### Classification

- Sample Type: drill
- Group ID: PD-001

#### Review

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

#### Dates

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

Reasoning: Low-grade gold intercept reported in Paleozoic limestones.

- Negative factor: low-level mineralization

Evidence · text

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

### PD-002

[Link to this fact](https://atlas-staging.minestarters.com/news/solitario-completes-phase-one-drilling-at-golden-crest-reports-initial-drill-res--9d8c8a0a-05de-4f0e-87a2-b3085a5c1296#fact-drill-facts-1)

Golden Crest · gold

#### Identity

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

#### Geometry

- Grade: 0.4
- Grade Unit: gpt

#### Classification

- Sample Type: drill
- Group ID: PD-002

#### Review

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

#### Dates

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

Reasoning: Low-grade gold intercept reported in Paleozoic limestones.

- Negative factor: low-level mineralization

Evidence · text

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

### PD-007

[Link to this fact](https://atlas-staging.minestarters.com/news/solitario-completes-phase-one-drilling-at-golden-crest-reports-initial-drill-res--9d8c8a0a-05de-4f0e-87a2-b3085a5c1296#fact-drill-facts-2)

Golden Crest · gold

#### Identity

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

#### Geometry

- Grade: 1.37
- Grade Unit: gpt
- Intercept: 1.3 m

#### Classification

- Sample Type: drill
- Group ID: PD-007

#### Review

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

#### Dates

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

Reasoning: Intercept in older Precambrian rocks is higher grade than the limestone mineralization but still relatively low.

- Positive factor: higher grade than surrounding holes

- Negative factor: narrow intercept

Evidence · text

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

## 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.