Solstice Minerals (ASX:SLS) said it secured exploration license applications over three advanced gold prospects, each with "significant" drill intercepts at its Yarri Gold Project in Western Australia, according to a Thursday Australian bourse filing.
The new prospects have previous results of up to 12 meters at 3.8 grams per tonne gold, the filing said.
Compilation, interpretation, and design of the next work programs are underway to progress these emerging drill targets in advance of tenement processing and approvals process, the filing added.
The company's shares fell almost 3% in recent Thursday trade.