Solitario Resources Discovers Gold in First Three Golden Crest Drill Holes

Original announcement by tmx on Sep 16, 2024

Bullish

Company: Solitario Resources Corp.
Ticker: SLR
Exchange: TSX
Region: South Dakota
Primary commodity: Gold
Secondary commodities: None reported
Document categories: Drill results
Extracted: 2026-08-24 11:04:37 UTC

Minestarters Atlas analysis

Summary

Solitario Resources has announced successful first drill results from its Golden Crest Project in South Dakota, intersecting significant gold mineralization in three holes. Highlights include a 2.0m intercept of 13.13 g/t gold in hole GC-003 and wide, high-grade zones across the program.

Reasoning: First-ever drill results for the Golden Crest project show high-grade gold intercepts and significant widths, representing a major discovery in a known gold district.

Positive factors

First drill holes on a large 35,000-acre property
Significant gold mineralization over substantial widths
Bonanza grade intercept (13.13 g/t Au)
Discovery of new gold mineralization in a major district
QA/QC protocols and QP sign-off disclosed

Facts used in scoring: 9

Classification and evidence

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 13.13 g/t gold exceeds the exceptional threshold for underground/high-grade gold.

Evidence · table

“13.13”

Context: 2.0

QA/QC Disclosedpositive

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

Why it applies: Release details insertion of duplicates, blanks, and standards and names an independent lab.

Evidence · text

“insertion of duplicate, blank and standard samples”

Extracted facts

Stored fact records: 9. Some facts used in scoring do not have a stored record.

Drill Results (9)

GC-001Golden Crest · goldGrade: 1.68Grade Unit: g/tIntercept: 32 mView all details

Link to this fact

Identity

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

Geometry

Grade: 1.68
Grade Unit: g/t
Intercept: 32 m
From: 9.1 m
To: 41.1 m

Classification

Program: exploration
Sample Type: drill
Group ID: GC-001:9.1-41.1
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: 2024-09-16T00:00:00.000Z

Reasoning: Solid width intercept in the first holes of the project.

Positive factors

Significant width of 32m

Evidence · table

“1.68”

Context: 32.0

GC-001Golden Crest · goldGrade: 3.1Grade Unit: g/tIntercept: 14.2 mView all details

Link to this fact

Identity

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

Geometry

Grade: 3.1
Grade Unit: g/t
Intercept: 14.2 m
From: 10.7 m
To: 24.9 m

Classification

Program: exploration
Sample Type: drill
Group ID: GC-001:10.7-24.9

Review

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

Dates

Event date: 2024-09-16T00:00:00.000Z

Reasoning: Stronger grade within the main intercept.

Positive factors

High-grade sub-interval

Evidence · table

“3.10”

Context: 14.2

GC-002Golden Crest · goldGrade: 0.72Grade Unit: g/tIntercept: 9.9 mView all details

Link to this fact

Identity

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

Geometry

Grade: 0.72
Grade Unit: g/t
Intercept: 9.9 m
From: 7.9 m
To: 17.8 m

Classification

Program: exploration
Sample Type: drill
Group ID: GC-002:7.9-17.8

Review

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

Dates

Event date: 2024-09-16T00:00:00.000Z

Reasoning: Marginal grade intercept.

Evidence · table

“0.72”

Context: 9.9

GC-002Golden Crest · goldGrade: 1.88Grade Unit: g/tIntercept: 9.9 mView all details

Link to this fact

Identity

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

Geometry

Grade: 1.88
Grade Unit: g/t
Intercept: 9.9 m
From: 23.3 m
To: 33.2 m

Classification

Program: exploration
Sample Type: drill
Group ID: GC-002:23.3-33.2

Review

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

Dates

Event date: 2024-09-16T00:00:00.000Z

Reasoning: Moderate grade intercept.

Evidence · table

“1.88”

Context: 9.9

GC-002Golden Crest · goldGrade: 0.55Grade Unit: g/tIntercept: 6.1 mView all details

Link to this fact

Identity

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

Geometry

Grade: 0.55
Grade Unit: g/t
Intercept: 6.1 m
From: 40.2 m
To: 46.3 m

Classification

Program: exploration
Sample Type: drill
Group ID: GC-002:40.2-46.3

Review

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

Dates

Event date: 2024-09-16T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

“0.55”

Context: 6.1

GC-003Golden Crest · goldGrade: 2.56Grade Unit: g/tIntercept: 26.4 mView all details

Link to this fact

Identity

Hole ID: GC-003
Project: Golden Crest
Commodity: gold
Region: south dakota
Reported Region: South Dakota
Ticker: SLR

Geometry

Grade: 2.56
Grade Unit: g/t
Intercept: 26.4 m
From: 5 m
To: 31.4 m

Classification

Program: exploration
Sample Type: drill
Group ID: GC-003:5.0-31.4

Review

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

Dates

Event date: 2024-09-16T00:00:00.000Z

Reasoning: Strong discovery intercept.

Positive factors

Significant width and grade

Evidence · table

“2.56”

Context: 26.4

GC-003Golden Crest · goldGrade: 4.18Grade Unit: g/tIntercept: 14.4 mView all details

Link to this fact

Identity

Hole ID: GC-003
Project: Golden Crest
Commodity: gold
Region: south dakota
Reported Region: South Dakota
Ticker: SLR

Geometry

Grade: 4.18
Grade Unit: g/t
Intercept: 14.4 m
From: 11.4 m
To: 25.8 m

Classification

Program: exploration
Sample Type: drill
Group ID: GC-003:11.4-25.8

Review

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

Dates

Event date: 2024-09-16T00:00:00.000Z

Reasoning: Strong grade within the main intercept.

Positive factors

High grade sub-interval

Evidence · table

“4.18”

Context: 14.4

GC-003Golden Crest · goldGrade: 13.13Grade Unit: g/tIntercept: 2 mView all details

Link to this fact

Identity

Hole ID: GC-003
Project: Golden Crest
Commodity: gold
Region: south dakota
Reported Region: South Dakota
Ticker: SLR

Geometry

Grade: 13.13
Grade Unit: g/t
Intercept: 2 m
From: 19.8 m
To: 21.8 m

Classification

Program: exploration
Sample Type: drill
Group ID: GC-003:19.8-21.8

Review

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

Dates

Event date: 2024-09-16T00:00:00.000Z

Reasoning: Exceptionally high grade intercept.

Positive factors

Bonanza grade intercept

Evidence · table

“13.13”

Context: 2.0

GC-003Golden Crest · goldGrade: 0.6Grade Unit: g/tIntercept: 11.7 mView all details

Link to this fact

Identity

Hole ID: GC-003
Project: Golden Crest
Commodity: gold
Region: south dakota
Reported Region: South Dakota
Ticker: SLR

Geometry

Grade: 0.6
Grade Unit: g/t
Intercept: 11.7 m
From: 38.9 m
To: 50.6 m

Classification

Program: exploration
Sample Type: drill
Group ID: GC-003:38.9-50.6

Review

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

Dates

Event date: 2024-09-16T00:00:00.000Z

Reasoning: Low grade intercept.

Evidence · table

“0.60”

Context: 11.7

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.