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
2026-08-24 10:57:00 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Solitario Resources has completed a successful 2024 drilling campaign at its Golden Crest property in South Dakota, discovering significant gold mineralization across four different deposit types. Notable intercepts include 4.69 g/t gold over 2.68m in hole GC-011 and high-grade paleo-placer mineralization in hole GC-010.

Reasoning: The drilling campaign successfully identified significant gold mineralization across multiple geologic environments, including high-grade paleo-placer and breccia intercepts, supporting a large-scale exploration potential.

Positive factors

  • multiple new greenfield discoveries
  • high-grade intercepts in multiple deposit types
  • QA/QC protocols disclosed
  • QP sign-off provided

Facts used in scoring: 5

Classification and evidence

QA/QC Disclosedpositive

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 an independent lab.

Evidence · text

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

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Discovery of mineralization in four different widely-spaced areas and new targets like Ponderosa.

Evidence · text

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

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

Classification

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

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: 4.69 g/t over 2.68m is a solid intercept in a new zone (Eleventh Hour).

Positive factors

  • strong gold mineralization

Evidence · text

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

Sample Type
drill
Group ID
GC-010:0.0-0.52
Mining Method
underground

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Very high grade (11.33 g/t) in a paleo-placer context, though width is narrow.

Positive factors

  • high-grade intercept

Negative factors

  • narrow width

Evidence · text

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

Sample Type
drill
Group ID
GC-010:0.0-0.43
Mining Method
underground

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: Moderate grade in a tertiary igneous breccia, but very narrow intercept.

Positive factors

  • mineralized breccia

Negative factors

  • narrow width

Evidence · text

“2.45 g/t gold over 0.43 meters in a Tertiary igneous breccia”
Downpour_Zone_CompositeGolden Crest · goldGrade: 1.7Grade Unit: g/tIntercept: 30 mNeeds review: ungroundedView all details
Link to this fact

Identity

Hole ID
Downpour_Zone_Composite
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

Sample Type
drill
Mining Method
open_pit

QA/QC

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

Review

Needs Review
Yes
Review Reason
ungrounded
Interp. Status
scored
Historical
No

Dates

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

Reasoning: 30m width at 1.7 g/t provides significant gold-meter content in a near-surface zone.

Positive factors

  • significant width
  • near-surface mineralization

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”
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

Sample Type
drill
Mining Method
open_pit

QA/QC

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

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

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

Reasoning: 41m width at 1.0 g/t is a significant intercept for potential Wharf-style mineralization.

Positive factors

  • wide interval
  • Wharf-style potential

Evidence · text

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

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.