Drilling Expands Northeast Extension Of Indicative Starter Pit

VANCOUVER - Solaris Resources Inc. reported on a series of holes aimed at growing the Northeast Extension of the ‘Indicative Starter Pit’ at its Warintza Project in southeastern Ecuador. Additional drilling has expanded the Northeast Extension of the ‘Indicative Starter Pit’ recently estimated at 180 Mt at 0.82% CuEq1 (Indicated) and 107 Mt at 0.73% CuEq (Inferred) within the Warintza Mineral Resource Estimate (MRE). This zone is characterized by near surface, high-grade mineralization and remains open for further growth with follow-up and step-out drilling underway.

SLS-62 was collared at the northern limit of Warintza Central and drilled northeast into an open volume, returning 168m of 0.68% CuEq¹ from 102m depth within a broader interval of 900m of 0.45% CuEq from surface, expanding on prior drilling further to the east. This hole represents the first follow-up to SLS-48, collared from the same pad but drilled to the south, which returned 100m of 1.64% CuEq from 50m depth within a broader interval of 852m of 0.56% CuEq. SLS-63 was collared at the northeastern limit of the Warintza Central grid approximately 200m to the east and drilled into an open volume to the north-northeast, returning 230m of 1.02% CuEq from 118m depth within a broader interval of 472m of 0.76% CuEq from surface. This hole follows on SLS-57, which was drilled northeast from the same pad, returning 230m of 0.73% CuEq from 56m depth within a broader interval of 926m of 0.61% CuEq¹ from surface and SLS-54, drilled to the south and returning 356m of 0.73% CuEq from 50m depth within a broader interval of 1,093m of 0.56% CuEq from surface. Follow-up drilling is underway and aims to test the Northeast Extension zone further to the north and northeast, with assays expected shortly for SLS-64, representing a follow-up hole from the same pad as SLS-62 and SLS-48.

Jorge Fierro, Vice President, Exploration, said, “Ongoing drilling from existing and newly constructed platforms aims to expand on the Northeast Extension zone, which is one of the key target areas for the expansion of the ‘Indicative Starter Pit,’ along with higher grade, near surface mineralization being targeted at Warintza East, where results are pending.”