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7 stories mentioning ASX:SLSUpdated 34d ago

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Asia

Solstice Minerals Intersects High-Grade Copper, Gold at Western Australia Project; Shares Reach All-Time High

Solstice Minerals (ASX:SLS) intersected wide and high-grade copper-gold mineralization from the first diamond drill hole tail completed at its Nanadie project in Western Australia, according to a Friday filing with the Australian bourse.Drilling returned 31 meters at 1.41% copper and 0.34 grams per tonne grade of gold from 462 meters, including 15 meters at 2.12% copper and 0.47 g/t grade of gold from 473 meters, and 38 meters at 0.87% copper and 0.25 g/t grade of gold from 547 meters, including 23 meters at 1.10% copper and 0.31 g/t grade of gold from 562 meters, the filing said.Processing of diamond core and dispatch of diamond and reverse circulation samples is ongoing, with assays pending from 12 completed drill holes, per the filing.Shares rose 30% in morning trade on Friday and earlier reached an all-time high.

ASX:SLS
Wire

Solstice Minerals Says Geological Review at Western Australia Copper-Gold Project Identifies Growth Oppurtunities

Solstice Minerals (ASX:SLS) said its updated geological review at its Nanadie copper-gold project in Western Australia identified multiple new growth opportunities outside the existing deposit, according to a Tuesday Australian bourse filing.The geological review suggests that both Nanadie and the Stark copper prospect formed as part of the same magmatic copper-gold event. The updated geological model suggests both deposits have a broad accumulation of disseminated copper-gold mineralization in an intrusive setting.The company also began a strategic review process to assess alternatives with regard to the Yarri gold project, the Ponton gold project, and the Ringlock nickel-copper and gold project.Solstice Minerals' shares fell past 2% in recent trading on Tuesday.

ASX:SLS
Asia

Solstice Minerals Intersects Wide Mineralization Beyond Resource Boundary at Western Australia Project; Shares Up 3%

Solstice Minerals (ASX:SLS) intersected wide mineralization zones 160 meters to the north of the current mineral resource estimate boundary at its Nanadie project in Western Australia, according to a Friday filing with the Australian bourse.Initial assays from the second-phase reverse circulation drilling yielded 44 meters at 0.52% copper, 0.14 grams per tonne grade of gold from 93 meters, within a broader combined anomalous intercept of 112 meters at 0.44% copper, 0.14 g/t grade of gold from five meters, the filing said.Mineralization was confirmed over a strike length of roughly 1.2 kilometers, remaining open to the north.Step-out drilling is underway at the southern end of the deposit, per the filing.Shares rose 3% in morning trade on Friday.

ASX:SLS
Wire

Solstice Minerals Extends Nanadie Copper-Gold System in Western Australia; Shares Up 10%

Solstice Minerals (ASX:SLS) said a follow-up diamond drill hole at its wholly owned Nanadie copper-gold project in Western Australia has been completed to a final depth of 840.4 meters, ending in host geology at the limit of onsite rig capacity, according to a Monday Australian bourse filing.The company said extensive zones of visible chalcopyrite were observed throughout the hole, reinforcing the scale and continuity of the mineralized system, with mineralization intersected to at least 800 meters downhole and sulphide styles and concentrations broadly comparable to those in the previous hole.The drill hole extends the interpreted mineralized system to about 500 meters below the current 2022 mineral resource estimate (MRE) boundary, with geological logging and core processing continuing and first laboratory assay results expected in four to six weeks, the filing added.The company is also progressing a concurrent 10,000-meter phase 2 reverse circulation drill program with eight holes completed to date, with observed geology broadly consistent with previous reverse circulation drilling.The company's shares rose past 10% in recent Monday trade.

ASX:SLS
Asia

Solstice Minerals Receives Government Co-Funded Drilling Grant for Western Australia Project; Shares Down 4%

Solstice Minerals (ASX:SLS) received a co-funded drilling grant of up to AU$200,000 under Round 33 of the Western Australian Government's exploration incentive scheme, with an additional allowance of up to AU$50,000, according to a Wednesday filing with the Australian bourse.The grant will support step-down reverse circulation/diamond drilling costs at the Nanadie project, the filing said.Shares fell 4% in morning trade on Wednesday.

ASX:SLS
Asia

Solstice Minerals Finds Visible Copper Sulfide Mineralization at Western Australia Project; Shares Reach All-Time High

Solstice Minerals (ASX:SLS) found visible copper sulfide mineralization in multiple zones downhole during its diamond drilling at the Nanadie project in Western Australia, according to a Monday filing with the Australian bourse.The first diamond drillhole tail was completed to a final depth of 629 meters, the filing said.Geological logging and core processing are in progress, and assay results are expected in about five to six weeks, per the filing.Shares rose nearly 12% in midday trade on Monday and earlier reached an all-time high.

ASX:SLS
Asia

Solstice Minerals Says Phase Two Drilling Underway at Western Australia Copper-Gold Project; Shares Reach All-Time Peak

Solstice Minerals (ASX:SLS) said phase two drilling at the Nanadie copper-gold project in Western Australia is underway, comprising reverse circulation drilling focused on defining higher-grade zones, as well as infill and extensional drilling, and diamond drilling to extend holes that ended in strong mineralization as well as to test key plunge and depth extensions, according to a Thursday Australian bourse filing.The first phase of drilling extended the mineralized system laterally, along strike to the north and south, and at depth.Its shares jumped 10% in recent trading on Thursday, reaching a new all-time peak.

ASX:SLS

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