Solaris Resources Reports Significant Findings from Celestina Target

Solaris Resources Updates Findings from the Celestina Target Area

Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) is excited to share news about substantial findings at the Celestina target area as part of its comprehensive exploration initiatives. This target lies within the prospective zone for epithermal deposits situated east of the Warintza porphyry cluster and is characterized by a significant area of hydrothermal alteration, covering approximately 4.5 kilometers by 3 kilometers, with notable levels of zinc, lead, arsenic, and mercury detected in soil samples.

New Discoveries and High-Grade Sampling Results

Recent exploration outside the primary alteration zones has uncovered three parallel vein exposures in creek beds, located within a 100-meter radius of the original breccia outcrop. Follow-up rock chip sampling has unearthed astonishing values of 16,019 g/t silver and 25.3 g/t gold, corroborating the existence of an underlying silver-gold-base metals vein system beneath the surface.

Understanding the Geology

The newly identified vein exposures rest within a soft, chemically reactive mudstone that possibly acts as a caprock over the hydrothermal system. Therefore, the exploration target at Celestina is believed to reside in the volcanic rocks that have had significant exposure to this hydrothermal activity, fostering conditions conducive for strong vein formation.

Ongoing Exploration and Future Plans

Current field efforts are directed towards discovering more vein exposures to enhance understanding of the underlying vein system while working to establish its overall extent. This phase involves thorough mapping, detailed sampling, and alteration studies to better define the zonation of the deposit.

Geotechnical Drilling Initiatives

In parallel, geotechnical drilling in the Caya-Mateo target area is yielding encouraging results. Drillers have encountered significant epithermal clay alteration beneath overburden in a sandstone layer, confirming the presence of high-temperature alteration in the underlying volcanic strata. Further mapping and sampling are set to extend exploration southeast toward the core of these geo-structural features.

Quality Control Measures in Place

To ensure the integrity of the assay results, a stringent quality control and quality assurance (QA/QC) program has been established. This includes the use of blind certified reference materials, blanks, and field duplicate samples during the logging and sampling stages conducted at a secure company facility. Analysis of sample pulps is performed at ALS Labs in Lima, Peru, and Vancouver, Canada, where copper and silver concentrations are determined through advanced four-acid digestion methods.

Expert Oversight and Compliance

The scientific merit of these findings has been thoroughly vetted by Jorge Fierro, M.Sc., DIC, PG, the Vice President of Exploration, ensuring they meet the high standards outlined in the National Instrument 43-101 Standards of Disclosure for Mineral Projects. His insights reinforce the validity of the exploration data amidst ongoing evaluations.

Solaris Resources in the Broader Context

Solaris continues to prioritize its diverse assets across the Americas, including opportunities for copper and gold development. The Warintza Project stands out with its world-class copper resource, enhancing the company's potential for expansion and discovery within known mineral-rich areas. Notably, its joint-venture project at La Verde with a subsidiary of Teck Resources further illustrates Solaris's strategic position in the copper market, particularly as commodity prices fluctuate.

Frequently Asked Questions

What are the key findings from the Celestina exploration?

The exploration identified three parallel vein exposures with assay results showing 16,019 g/t silver and 25.3 g/t gold, suggesting a substantial underlying vein system.

What geological features support the exploration efforts at Celestina?

The Celestina target is underlain by volcanic rocks within a hydrothermal system, which is believed to foster the formation of robust veins and fracture systems.

How does Solaris ensure the accuracy of its assay results?

Solaris implements a comprehensive QA/QC program including certified reference materials, field duplicates, and independent laboratory analysis to maintain data integrity.

What are the future plans for Solaris’s exploration programs?

The company plans to conduct more detailed mapping and sampling, expanding drill coverage to gain a comprehensive understanding of the Celestina target area.

How does the Celestina target fit into Solaris's overall strategy?

Celestina is part of Solaris’s broader exploration initiatives which include strategic projects across copper and gold assets in the Americas, enhancing potential resource development.

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