Solaris Resources’ (TSX:SLS) Warintza Project Will Take Advantage of Key Copper Market Tailwinds

The copper market has been on a tear in recent years and is expected to continue to do well in the near future. This is good news for Warintza Project’s (TSX:SLS) (OTCQB:SLSSF) copper project, as it will take advantage of the market’s tailwinds in a way that most other junior mining companies’ projects won’t be able to. Solaris recently published results from Warintza West, marking the fourth discovery within the Warintza porphyry cluster.

Located just 1 kilometre west of the Warintza Central Mineral Resource Estimate (MRE), the discovery was reported with the results of SLSW-01. Another big discovery for the company, it outlines a broad porphyry deposit of at least 900m x 600m and till open and miles adjacent to but not included within the MRE. This significantly expands the opportunities at the project which has the potential to be a “super-pit”.

Exciting results from the report included:

• SLSW-07 (drilled north) returned 686m of 0.46% CuEq¹ within a broader interval of 912m of 0.41% CuEq¹ from near surface
• SLSW-02 (drilled vertically) returned 246m of 0.47% CuEq¹ from near surface
• SLSW-09 (drilled west) returned 202m of 0.45% CuEq¹ within a broader interval of 444m of 0.36% CuEq¹ from near surface
• SLSW-08 (drilled northwest) returned 78m of 0.56% CuEq¹ within a broader interval of 812m of 0.32% CuEq¹ from near surface
• SLSW-04 (drilled northeast) returned 264m of 0.44% CuEq¹ from near surface
• SLSW-10 (drilled southwest) returned 220m of 0.41% CuEq¹ from near surface
• SLSW-03 (drilled southeast) returned 102m of 0.39% CuEq¹ within a broader interval of 911m of 0.24% CuEq¹ from near surface
• SLSW-05 (drilled northeast) returned 272m of 0.38% CuEq¹ within a broader interval of 570m of 0.30% CuEq¹ from near surface
• SLSW-06 (drilled east) returned 732m of 0.32% CuEq¹ from near surface

These results and the project also stand out for a few reasons:

The project is located in a key copper-producing region

The project is located in a key copper-producing region The project is located in a key copper-producing region of southeastern Ecuador.

The company has committed to fully transparent disclosure

With a good copper price forecast and a commitment to fully disclose all exploration results, Warintza Project is well-positioned to benefit from the market’s current momentum and investor enthusiasm through each new discovery.

ESG strategy

Solaris Resources has a strong environmental, social and governance (ESG) strategy. This includes consultation with local communities and sustainable mining practices.

A project developed at just the right time

As the green energy transition gains momentum, copper is becoming an increasingly important component of sustainable infrastructure. Copper is also a critical component of many modern technologies, including renewable energy and electric vehicles.

While spot copper prices are all over the place due to larger market forces, the long-term trend remains strongly in place. As potentially one of the largest new projects of its kind, Warintza Project and Solaris Resources are ideally situated to capitalize.

The post Solaris Resources’ (TSX:SLS) Warintza Project Will Take Advantage of Key Copper Market Tailwinds appeared first on MiningFeeds.

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