“As a relatively consistent thematic from Warintza drilling, higher grades were encountered near-surface, and as delivered from a number of holes from a step-out platform that extended mineralization to the northwest,” BMO Capital Markets mining analyst Rene Cartier said in a note to clients. “A number of the holes highlight stronger copper-equivalent grades.”
The results came almost one month after Solaris released an updated resource estimate for Warintza, and before an upcoming pre-feasibility study for the project, expected in the second half of 2025.
Using eight rigs, the company’s drill program has expanded the known mineralization to the north, northwest, and southeast of the current resource estimate. This extension indicates the potential for a larger resource base and could lead to a more extensive mining operation, Solaris said.
Another highlight hole, SLS-84, returned 69 metres of 0.82% copper-equivalent,…
