RC Drilling Restarts with Expanded Program at Nanadie
| Stock | Solstice Minerals Ltd (SLS.ASX) |
|---|---|
| Release Time | 7 Jan 2026, 8:29 a.m. |
| Price Sensitive | Yes |
RC Drilling Restarts with Expanded Program at Nanadie
- Reverse Circulation (RC) drilling has resumed at the Company's 100%-owned Nanadie Copper-Gold Project
- Phase 1 program expanded to a total of 6,300m based on strong geological observations
- Nanadie has a shallow Inferred 40.4Mt Mineral Resource Estimate containing 162,000t of copper and 130,000oz of gold
Solstice Minerals Limited (Solstice or the Company) is pleased to advise that Phase 1 RC drilling has recommenced at its advanced 100%-owned Nanadie Copper-Gold Project in WA. The drilling program has been expanded on the basis of downhole geological observations to date, with an additional five holes added, increasing the planned program by an extra 1,300m to a total of 6,300m. Nanadie sits within 130km2 of tenure 100km NW of Sandstone and represents a unique example of a mafic-hosted high-volume copper system in the Yilgarn Craton of Western Australia. Historical drilling below a shallow soil and sand cover and weathering profile has defined a wide, near-surface accumulation of disseminated and sulphide veinlet style chalcopyrite (+/- pyrrhotite and pyrite) mineralisation up to 150m wide and 900m long, including an Inferred 40.4Mt Mineral Resource Estimate (MRE) containing 162,000t of copper and 130,000oz of gold. Previous drilling at the deposit rarely extended beyond the host mafic intrusive package, with much of the drilling starting and ending within the mineralised system. The Phase 1 RC program is aiming to build on the current 150m wide and 900m long disseminated sulphide system, as well as increase drilling density in key areas within and below the current block model. Geological logging of all Solstice Phase 1 drilling completed to date is broadly consistent with adjoining historical drilling, comprising a widely mineralised host mafic intrusive package flanked by amphibolite (that is also mineralised in places), and younger granitoid rocks to the west. The combined mineralised system remains open laterally in multiple directions and completely open at depth.
The Company anticipates steady activities and news flow through 2026 as it continues to progress drilling at Nanadie and exploration activities at its Yarri Project.