Solstice Minerals (ASX:SLS) said its updated geological review at its Nanadie copper-gold project in Western Australia identified multiple new growth opportunities outside the existing deposit, according to a Tuesday Australian bourse filing.

The geological review suggests that both Nanadie and the Stark copper prospect formed as part of the same magmatic copper-gold event. The updated geological model suggests both deposits have a broad accumulation of disseminated copper-gold mineralization in an intrusive setting.

The company also began a strategic review process to assess alternatives with regard to the Yarri gold project, the Ponton gold project, and the Ringlock nickel-copper and gold project.

Solstice Minerals' shares fell past 2% in recent trading on Tuesday.