Solitario discovers new gold zone on Golden Crest project

Solitario Resources reports that it has discovered another high-grade gold zone on its Golden Crest project, named Sleeping Beauty. Recently received assay results from reconnaissance rock sampling of outcrop, sub-crop and float from the 2023 field season yielded gold values as high as 39.6, 24.6 and 16.6 grams per tonne gold. Sleeping Beauty is situated on a topographic plateau underlain by the same favorable limestone found at the high-grade Geyer gold zone, which is located about 500 meters to the south. The two zones are separated by a shallow valley, where mineralization is considerably weaker at surface and rock outcrops are absent. Although the Sleeping Beauty zone has an apparent east-west orientation, the overall trend of mineralization over a larger scale area is thought to be generally in a northeast-southwest direction. Approximately 135 samples were collected and assayed from the Sleeping Beauty topographic plateau area. Twenty-eight of these samples assayed greater than 1.0 gpt gold, with 65 samples greater than 0.2 gpt gold. Within the 1600-meter-long trend, there are five clusters of higher-grade gold. The highest-grade cluster measures 170 by 260 meters and is open in all directions. The average grade of all 14 grab samples collected in this high-grade cluster is 7.12 gpt gold.Chris Herald, President and CEO of Solitario, stated: “In the late summer of 2023 we began to focus on a large area north of Geyser, as the north side of Geyser was open to expansion. This area, that we now call Sleeping Beauty, has developed into one of the largest target areas yet discovered at Golden Crest. Although sampling is still in the early days at Sleeping Beauty, we believe that it will develop into a major high-grade target area with the additional work we have planned for 2024. Importantly, we anticipate reporting our final assay results from the 2023 field season over the next several weeks.”