Quarterly Activities/Appendix 5B Cash Flow Report

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Stock Solstice Minerals Ltd (SLS.ASX)
Release Time 28 Apr 2025, 8:26 a.m.
Price Sensitive Yes
 Solstice Minerals Quarterly Activities Report
Key Points
  • Completed 100% acquisition of Nanadie Copper-Gold Project with JORC Inferred Mineral Resource of 160,000t Cu and 130,000oz Au
  • Confirmed and upgraded gold intercepts at Bluetooth Prospect, with RC drilling planned to start in late April
  • Follow-up aircore drilling completed at Edjudina Range Gold Prospect, with results expected soon
Full Summary

Solstice Minerals Limited (Solstice or the Company) is pleased to present its Quarterly Activities Report for the period ended 31 March 2025. The Quarter was highlighted by the strategic copper-gold acquisition at Nanadie, and important steps forward across the Company's regional scale Yarri Gold Project, including at the emerging Edjudina Range gold discovery. Solstice enters Q2 2025 with $13.6M cash, equivalent to 13 cents per share, giving the Company a ~$5m Enterprise Value. Key achievements included the completion of the 100% acquisition of the Nanadie Project, which includes a JORC (2012) Inferred Mineral Resource Estimate containing 160,000t of copper and 130,000oz of gold. One-metre resampling of RC drilling also confirmed and upgraded previous gold intercepts at the Bluetooth Gold Prospect, with follow-up RC drilling planned to start in late April. At the Edjudina Range Gold Prospect, a new gold surface was identified, with follow-up aircore drilling now complete and results expected imminently. Solstice also continued to advance its regional gold exploration strategy across the Yarri Project, with upcoming programs including RC drilling at Bluetooth and Statesman Well, and further aircore drilling across the broader project area.

Outlook

Solstice is well-positioned to continue creating value through discovery in 2025, with a robust cash position and a motivated team focused on advancing its exploration assets.