Solaris Resources Inc. is pleased to report an In-Pit Mineral Resources Estimate for its Warintza Project in southeastern Ecuador. Ongoing mineral resource drilling includes over 30,000m in H2/24 targeting open extensions and upgrading mineral resources to support the Pre-Feasibility Study in H2/25. Concurrent district exploration programs are targeting complementary discoveries from an expanded portfolio of epithermal [...]
Solaris Resources Inc. is pleased to report drill results from the ongoing 2024 drilling program at its Warintza Project in southeastern Ecuador. These include the final assays for inclusion in the updated mineral resource estimate which is expected to be released this month. Highlights are listed below with a corresponding image in Figure 1 and results in Tables 1-2. Highlights SLSE-36 was collared at the [...]
Solaris Resources Inc. and the Warints and Yawi Shuar communities correct the record of false and misleading claims made by anti-mining NGOs in relation to the social license for its Warintza Project in the province of Morona Santiago in southeastern Ecuador. Warintza Resides on the Ancestral Lands of the Warints and Yawi - The Ancestral Lands of these communities have been registered and clearly defined by the Government [...]
Solaris Resources Inc. is pleased to announce the first significant precious metals assays from ongoing regional exploration that has expanded the footprint of epithermal-style mineral alteration from the Caya area into the adjacent Mateo target and now several kilometers further south. Reconnaissance rock-chip sampling in this new southern area returned values of up to 11,570 grams per tonne silver and 12.3 grams per [...]
Solaris Resources Inc. announces that all matters presented for approval at Solaris' annual meeting of shareholders held today, as more particularly set out in the Company's Management Information Circular dated May 9, 2024, have been approved. These matters included: Electing each of the Company's six nominees as directors of the Company; and Re-appointing KPMG LLP, Chartered Professional Accountants, as auditors of the [...]
Solaris Resources Inc. is pleased to report additional drill results as its 2024 drilling program ramps up and a major expansion of planned meterage from 30km to 60km in this program. The expansion of the 2024 drilling program is supported by the closing of its recent financing and significant productivity improvements from past infrastructure investments and improved logistics and processes at its Warintza Project in [...]
Solaris Resources Inc. is pleased to announce that it has closed its previously announced bought deal equity offering . The Company issued, on a bought deal basis, 8,222,500 common shares of the Company , including 1,072,500 Common Shares pursuant to the underwriters' full exercise of the over-allotment option, at a price of $4.90 per Common Share for aggregate gross proceeds of $40,290,250. The Offering was completed [...]
Solaris Resources Inc. is pleased to announce that, in connection with its previously announced bought deal offering, it has filed a final short form prospectus dated June 3, 2024 to qualify the distribution of 7,150,000 common shares of the Company at a price of $4.90 per Common Share and an additional 1,072,500 Common Shares at the Offering Price pursuant to an over-allotment option . The Offering is expected to close [...]
Solaris Resources Inc. is pleased to announce that it has entered into an agreement with National Bank Financial Markets, RBC Capital Markets, and BMO Capital Markets as bookrunners, on behalf of a syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 7,150,000 common shares of the Company at a price of $4.90 per Common Share , for aggregate gross proceeds of [...]
Solaris Resources Inc. announces the voluntary termination of the previously announced minority equity investment intended to support the growth of the Warintza Project in Ecuador, including the potential major purchase of an adjacent asset. After four months of Canadian regulatory review in an evolving environment, approval has not been obtained and the transaction no longer adequately reflects market value. The Company [...]
Solaris Resources Inc. is pleased to provide an operations update, including site optimization efforts that have resulted in significantly improved productivity and cost savings under new Chief Operating Officer , Mr. Javier Toro, as well as the appointment of leading independent consultants in support of the Environmental Impact Assessment in H2/24 and Pre-Feasibility Study in H2/25 for the Warintza Project in [...]
Solaris Resources Inc. is pleased to announce that the Ecuadorian state-owned mining company, Empresa Nacional Minera , has awarded the Company an option to acquire up to a 100% interest in 10 new explorations concessions. These concessions comprise a land package of ~40,000 hectares adjacent to the Warintza Project and San Carlos-Panantza porphyry copper-molybdenum deposits within the prolific Zamora belt that hosts [...]