Solitario Resources Reports New Gold Discoveries at Golden Crest

In a significant development, Solitario Resources Corp. has revealed promising results from drilling in its Golden Crest Project. Drill hole GC-010 disclosed two distinct gold mineralizations. A high-grade paleo-placer interval yielded 11.55 g/t gold over 0.52 meters between Precambrian and Paleozoic rock formations. This discovery suggests potential Homestake-style mineralization in proximity.

Another interval above revealed 2.45 g/t gold over 0.43 meters from a diatreme breccia, indicating possible significant basement-hosted mineralization nearby. The Homestake Banded Iron Formation, identified in both GC-009 and GC-010, is notably rare outside the Homestake district, underscoring the potential gold endowment akin to the Homestake mine.

With 11 core holes completed in 2024 and promising mineralization, the company's exploration anticipates further drilling to identify economically viable deposits. Solitario's efforts reflect strategic targeting of gold resources in a historically rich mining area.