Multiple Strong, Shallow RC Gold Hits at Bluetooth

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Stock Solstice Minerals Ltd (SLS.ASX)
Release Time 3 Jun 2025, 8:21 a.m.
Price Sensitive Yes
 Multiple Strong, Shallow RC Gold Hits at Bluetooth
Key Points
  • Significant new gold intercepts in recent Phase II Reverse Circulation (RC) drilling at the Bluetooth Gold Prospect
  • Thick, near surface intercepts include 20m @ 2.18g/t Au, 20m @ 2.01g/t Au, and 16m @ 2.13g/t Au
  • Results reinforce the commercial potential of this extensive, outcropping gold system
Full Summary

Solstice Minerals Limited (ASX: SLS) is pleased to report results from further Reverse Circulation (RC) drilling at the advanced Bluetooth Gold Prospect, within the Company's Yarri Gold Project NE of Kalgoorlie, Western Australia. The latest round of drilling has reinforced the commercial potential of this extensive gold system, with significant new gold intercepts in four metre composite samples including: 20m @ 2.18g/t Au from 28m in BTHRC026, 20m @ 2.01g/t Au from 20m in BTHRC032 (including 4m @ 6.18g/t Au from 28m), 16m @ 2.13g/t Au from 48m in BTHRC027, 20m @ 1.19g/t Au from 48m in BTHRC033, and 16m @ 1.46g/t Au from 20m in BTHRC025. Drill intercepts are considered to be close to true width and further define shallow east-dipping zones of gold mineralisation associated with oxidised folded chert, ironstone and quartz veining extending over at least 800m of strike and broadening into a fold closure toward the north. The latest results support and extend Solstice's Phase I RC intercepts that included 29m @ 1.58g/t Au and 1m @ 5.32g/t Au. The scale of the mineralised system and strong results reported to date suggest future commercial potential, and the geometry of the system appears favourable for shallow open pit extraction. Solstice is now planning to increase drill density to ultimately allow initial Mineral Resource Estimation work in the future, as well as plan specific drill tests for underlying fresh-rock mineralisation.

Outlook

Solstice's team is preparing for immediate further drilling at Bluetooth, as well as follow-up RC drilling at the exciting Edjudina Range gold discovery, located on the same geological corridor 24km to the southeast, where a recent first-ever RC drillhole delivered 20m @ 1.02g/t Au. In addition, Solstice has carried out a first stage of RC drilling at its Statesman Well Gold Prospect, located a further 9km to the southeast of Edjudina Range, with results expected imminently.