Solitario discovers new area of high-grade gold mineralization

Solitario Resources reports that it has discovered a major new area of high-grade gold mineralization, named Wild Rose, on its Golden Crest Project in South Dakota. Surface reconnaissance rock sampling has yielded gold values up to 52.9 grams per tonne gold. The Wild Rose gold zone has been traced over a length of at least 1.6 kilometers, is up to 300 meters wide and is open in all directions. Wild Rose is interpreted to be the continuation of the previously reported high-grade Downpour gold trend situated approximately 1.2 kilometers to the southwest. Combined, the Downpour-Wild Rose corridor is approximately four kilometers long. Wild Rose is defined by 101 reconnaissance surface grab samples of float and subcrop mineralization. Remarkably, 34 of these samples contained gold values in excess of 1.0 gpt gold. Sampling to date has defined two areas of intense mineralization. The southern zone of Wild Rose has a greater density of sampling and is consequently better defined. The southern gold zone measures approximately 480 meters long, trending in a northeasterly direction, and is up to 320 meters wide. The northern zone, which is sparsely sampled, shows a higher-grade zone in excess of 200 meters in length. Chris Herald, President and CEO of Solitario, stated: “Wild Rose is an important new high-grade gold discovery. Wild Rose, combined with the Downpour zone to the southwest, represents a four-kilometer-long structural corridor with significant alteration and high-grade gold values at surface. Similar to other previously discovered Golden Crest mineralized areas, Wild Rose was first recognized by the presence of altered carbonate float rock in the tracks of an existing jeep road. Detailed follow-up work during the later part of the 2023 field season delineated its current surface footprint. We anticipate that additional work between Downpour and Wild Rose will demonstrate these two zones are one in the same.”