RC Drilling Successfully Completed at Key WA Gold Targets
| Stock | Solstice Minerals Ltd (SLS.ASX) |
|---|---|
| Release Time | 13 May 2025, 9:27 a.m. |
| Price Sensitive | Yes |
RC Drilling Successfully Completed at Key WA Gold Targets
- RC drilling completed at Yarri Project's Statesman Well, Bluetooth and Edjudina Range gold prospects
- Assay results pending, expected in 3-4 weeks
- Drilling aimed to delineate shallow, commercial grade gold mineralization
Solstice Minerals Ltd is pleased to announce the successful completion of an extensive Reverse Circulation (RC) drilling program across key gold prospects within its Yarri Project in Western Australia. The program was designed to delineate the extent and continuity of shallow, commercial grade gold mineralization, including providing sufficient data for potential Mineral Resource estimation at the Bluetooth prospect, as well as building on historical gold intercepts at the under-drilled Statesman Well target. Two initial RC holes were also drilled at the growing Edjudina Range discovery to examine the fresh rock geology below strong aircore gold results associated with quartz veining and alteration zones. All initial composite samples are now at the laboratory, and the company looks forward to reporting on those results as they are received over the next 3 to 4 weeks. With a belt-scale landholding in Western Australia's most prolific gold province, near-surface mineralization, and excellent infrastructure access, Solstice Minerals offers compelling upside exposure to near-term discovery success.
The company's robust cash position of $13.6M as at 31 March 2025 provides excellent flexibility to progress its key gold prospects toward Mineral Resources, strategically build its copper-gold inventory at the Nanadie Project, and consider new compatible business opportunities. The company anticipates steady activities and newsflow through the remainder of 2025.