Solstice Minerals Extends Mineralization at Western Australia Copper-Gold Project Following Step-Down Diamond Tail Results, Shares Up 5%

MT Newswires Live
Aug 28

Solstice Minerals (ASX:SLS) said results from a step-down diamond tail from a drill hole at the Nanadie copper-gold project in Western Australia extended mineralization more than 700 meters below the surface, according to a Friday Australian bourse filing.

It encountered a total combined intercept of 722.3 meters at 0.44% copper and 0.13 grams per tonne grade of gold from the margin of granite to the end of the hole, including an intercept of 43.3 meters at 0.91% copper and 0.35 g/t grade of gold from 761.7 meters.

The diamond tail was drilled from 324.3 meters to a final depth of 840.6 meters, extending a phase one reverse circulation drill hole.

The firm's shares rose 5% in recent trading on Friday.

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