Solaris drills 0.46% CuEq over 686 metres at Warintza, Ecuador

Solaris Resources Inc. [SLS-TSX; SLSSF-OTCQB] reported assay results from the first series of holes following up on the discovery of Warintza West within its 100%-owned Warintza project in southeastern Ecuador.

Warintza West is one of four discoveries made to date within the Warintza porphyry cluster and is located 1km west of the Warintza Central Mineral Resource Estimate (MRE) reported in April.

The discovery was reported with the results of SLSW-01. These follow-up holes fan out in all directions, outlining a broad porphyry deposit of at least 900-metre x 600-metre and still open and lies adjacent to and not included within the MRE. Follow-up drilling to test the further extent of the deposit is planned after priority drilling at Warintza Central aimed at expanding the starter pit and higher-grade resource expansion potential at Warintza East.

SLSW-07 (drilled north) returned 686 metres of 0.46% CuEq (copper equivalent) within a broader interval of 912 metres of 0.41% CuEq from near surface. SLSW-02 (drilled vertically) returned 246 metres of 0.47% CuEq from near surface.

SLSW-09 (drilled west) returned 202 metres of 0.45% CuEq within a broader interval of 444 metres of 0.36% CuEq from near surface. SLSW-08 (drilled northwest) returned 78 metres of 0.56% CuEq within a broader interval of 812 metres of 0.32% CuEq from near surface.

SLSW-04 (drilled northeast) returned 264 metres of 0.44% CuEq from near surface. SLSW-10 (drilled southwest) returned 220 metres of 0.41% CuEq from near surface. SLSW-03 (drilled southeast) returned 102 metres of 0.39% CuEq within a broader interval of 911 metres of 0.24% CuEq from near surface.

SLSW-05 (drilled northeast) returned 272 metres of 0.38% CuEq within a broader interval of 570 metres of 0.30% CuEq from near surface. SLSW-06 (drilled east) returned 732 metres of 0.32% CuEq from near surface.

Drilling at Warintza West confirms the interpretation of a broad porphyry deposit that remains open in all directions, with assays pending from a series of three additional holes testing the zone further to the west, east and south. Step-out drilling is planned targeting high-grade surface sampling.

Jorge Fierro, Vice President, Exploration, commented: “We’re pleased to be able to report the results of follow-up drilling on our Warintza West discovery which outlines a significant new deposit that remains open within the Warintza porphyry cluster, adjacent to the MRE published in April. Ongoing drilling is targeting growth of the high-grade starter pit at Warintza Central and expanding our Warintza East discovery with results expected in the coming weeks, while further drilling is planned for Warintza West.”

The primary focus of Solaris is the world class large-scale resource with expansion and discovery potential at the Warintza Project in Ecuador; discovery potential at its Ricardo Project and optioned and owned grass-roots Tamarugo Project in Chile; discovery potential at its Capricho and Paco Orco projects in Peru; and significant leverage to increasing copper prices through its 60% interest in the La Verde joint-venture project with a subsidiary of Teck Resources in Mexico.

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