Globenewswireยท2025-04-22 11:00Core Insights - Solaris Resources Inc. has completed a significant drilling campaign at its Warintza Project in Ecuador, enhancing the value of this major copper asset [2][12] - The company aims to upgrade a substantial portion of Inferred Resources to Measured and Indicated categories with an updated Mineral Resource Estimate targeted for Q3 2025 [3][12] - Political stability in Ecuador, reinforced by the re-election of President Daniel Noboa, supports the company's progress on permitting and stakeholder engagement [7][12] Drilling and Resource Development - Over 82,000 metres of infill drilling were completed between January 2024 and February 2025, with additional geotechnical, hydrogeological, and metallurgical drilling [3][4] - A total of over 200,000 metres have been drilled across the Warintza Central and East porphyry systems, supporting a flexible mine plan that reduces initial capital requirements [4] - The company is advancing its Pre-Feasibility Study, with completion targeted for Q3 2025, transitioning into a Bankable Feasibility Study thereafter [8][12] Infrastructure and Technical Advancements - Solaris has completed 20 kilometres of internal road access, facilitating year-round access to project areas and reducing construction costs [6] - The company is collaborating with Ecuador's Ministries of Environment and Mines on the Environmental Impact Assessment, with approval expected by mid-2025 [7][12] Community and Stakeholder Engagement - Solaris is committed to a participatory mining model, fostering local partnerships and social license while aiming for a Final Investment Decision by the end of 2026 [9][12] - The company emphasizes sustainable and responsible development, focusing on creating lasting value for all stakeholders [11][12]