Solstice Minerals Intersects Further Copper-Gold Mineralization at Western Australia Project; Shares Up 4%

MT Newswires Live13:03

Solstice Minerals (ASX:SLS) intersected further copper-gold mineralization at its Nanadie project in Western Australia, confirming an expanding shallow high-grade zone in the northern part of the deposit, according to a Monday filing with the Australian bourse.

Results include 41 meters at nearly 2.8% copper, 0.7 grams per tonne grade of gold from 19 meters, including 10 meters at 9.4% copper, 2.13 g/t grade of gold, 23 g/t silver from 44 meters, and 56 meters at 0.62% copper, 0.19 g/t grade of gold from 77 meters, the filing said.

Assays are pending from a further 14 completed diamond holes and over 50 reverse circulation holes, per the filing.

Shares rose 4% in afternoon trade Monday.

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