Shallow High Grade Gold Intercepts at Statesman Well

Open PDF
Stock Solstice Minerals Ltd (SLS.ASX)
Release Time 11 Jun 2025, 9:15 a.m.
Price Sensitive Yes
 Shallow High Grade Gold Intercepts at Statesman Well
Key Points
  • First stage RC drilling at Statesman Well Gold Prospect highlights potential of ~1km mineralised trend
  • Significant shallow gold intercepts including 8m @ 7.94g/t Au from 12m
  • Results build on historical shallow RC drilling with high-grade gold intercepts
Full Summary

Solstice Minerals Limited (ASX: SLS) is pleased to report results from its first phase of Reverse Circulation (RC) drilling at the Statesman Well Gold Prospect, within the Company's Yarri Gold Project northeast of Kalgoorlie, Western Australia. The 22-hole shallow drill program was designed to add geological knowledge between irregularly distributed historical drillholes along the ~1km long Prospect, and to test down-plunge orientations. Assay results have confirmed the strong potential of the mineralised trend and defined zones of mineralisation for further drilling, including around a new high-grade near-surface intercept of 8m @ 7.94g/t Au in STWRC003, corresponding with quartz veins within the target zone. Other significant results include 12m @ 1.44g/t Au from 88m in STWRC002, 4m @ 2.54g/t Au from 52m in STWRC027, and 12m @ 0.76g/t Au from 16m in STWRC022. Solstice's drilling has also identified zones of strong anomalism in the host horizon, which may point to grade potential nearby. The results build on gold intercepts in historical shallow RC drilling at the Prospect including 22m @ 1.14g/t Au, 24m @ 0.81g/t Au, and 10m @ 2.04g/t Au. Gold mineralisation is hosted within a strike-extensive chert +/- quartz-stockwork horizon that dips steeply to the east, widens in several locations and shows evidence of a south plunge orientation. Solstice sees excellent scope for continued work at Statesman Well as part of an aggressive campaign of follow-up RC drilling planned around the significant new gold intercepts at the Bluetooth and Edjudina Range gold discoveries, located 9km and 32km to the northwest respectively.

Outlook

Solstice sees excellent opportunity for continued drilling at Statesman Well as part of an aggressive campaign of follow-up RC drilling planned around the significant new gold intercepts at the Bluetooth and Edjudina Range gold discoveries, located 9km and 32km to the northwest respectively.