Strong Copper-Gold Intercepts Continue at Nanadie Project
| Stock | Solstice Minerals Ltd (SLS.ASX) |
|---|---|
| Release Time | 23 Feb 2026, 9:25 a.m. |
| Price Sensitive | Yes |
Strong Copper-Gold Intercepts Continue at Nanadie Project
- Additional significant wide intercepts returned from the next eight holes of a recent 23-hole Phase 1 Reverse Circulation (RC) drilling campaign
- Assays are pending for a further ten holes
- Results continue to demonstrate strong potential to materially expand the current 40.4Mt Mineral Resource Estimate
Solstice Minerals has reported further strong copper-gold intercepts from its 100%-owned Nanadie Copper-Gold Project in Western Australia. The latest set of drillholes were designed to test lateral and strike exploration targets and successfully intersected multiple zones of >0.40% Cu mineralisation associated with disseminated chalcopyrite-pyrrhotite-pyrite. Key results include 125m @ 0.40% Cu, 0.11g/t Au to end of hole (EOH) and 96m @ 0.41% Cu, 0.12g/t Au. Importantly, step-out RC hole NANRC009 confirms that the system remains open 160m south of previous significant drilling, returning multiple mineralised zones with grades increasing downhole towards a deep IP conductivity target. The mineralisation in holes NANRC001 to NANRC009 and NANRC014 lies outside the current Mineral Resource Estimate (MRE) block model and continues to demonstrate strong potential to materially expand the current 40.4Mt MRE. The latest results follow Solstice's outstanding initial intercepts in the southern part of the drilling area that included 62m @ 1.55% Cu, 0.66g/t Au and 97m @ 0.73% Cu, 0.30g/t Au. Solstice is well funded to pursue the growth and development of this exciting asset.
Nanadie hosts a shallow Inferred MRE containing 162,000t of copper and 130,000oz of gold within a large, granted Mining Lease, representing a substantial near-surface metal accumulation with strong growth potential and favourable bulk-tonnage mining characteristics.
Solstice is well on the path toward growing this asset and looks forward to reporting the balance of its Phase 1 drilling results, and immediate follow-up plans. The copper mineralisation at Nanadie starts just below surface under shallow soil cover and extends over significant strike, width and depth - characteristics that may support future high-volume, low-strip extraction scenarios.