Phase One Drilling Program At The Golden Chest Project

DENVER, CO - Solitario Resources Corp. reported that the core drilling has begun on its Golden Crest gold project in South Dakota. Phase-One of the 2024 drilling program consists of drilling approximately 10-12 holes totaling 5,000 meters. The first area to be drill tested is the high-grade Downpour Zone where trenching and surface rock sampling has revealed high-grade gold at surface.

In addition to the high-grade trenching results, surface grab sampling of the area surrounding the trenches revealed significant gold values over a corridor of approximately 800 meters long and up to 500 meters wide. Within this zone, 37 select surface grab samples were collected and displayed the following gold-grade distributions: 7 samples above 10 gpt gold; 16 samples above 3 gpt gold; and 25 samples above 1 gpt gold.

Chris Herald, President and CEO, said, "With the drill now turning, we are beginning a new phase in the exploration of our Golden Crest project. It is remarkable that such a large well-endowed gold region has never been drill tested, especially one that is situated so close to one of America's largest historic gold districts, the Homestake-Wharf mining complex. We are excited to begin drilling at Golden Crest and look forward to reporting our progress and results."