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Solaris Strengthens Community Partnerships and Advances Key Milestones at Warintza Project
Globenewswireยท2025-09-11 11:00

Core Insights - Solaris Resources Inc. has signed a landmark agreement with the Pueblo Shuar Arutam organization, enhancing its social engagement efforts and supporting the Warintza Project in Ecuador [2][3] - The agreement establishes formal relationships with all Indigenous organizations surrounding the Warintza Project, reinforcing the company's commitment to community-led development [3][4] Social Engagement and Partnerships - The agreement with PSHA, representing nearly 10,000 people organized into 47 Shuar centers, follows a Letter of Intent signed in February 2025 and builds on previous partnerships with local Shuar centers [3][4] - Solaris has also established a trilateral cooperation agreement with the Interprovincial Federation of Shuar Centers and a partnership with the Alliance for Entrepreneurship and Innovation of Ecuador, creating a strong social foundation for the Warintza Project [4] Project Development and De-Risking Initiatives - Solaris is advancing critical de-risking initiatives essential for the Warintza Project's development timeline, including the submission of the Technical Environmental Impact Assessment [5][6] - The final Technical EIA report has been submitted and is currently under government review, following positive engagement with Ecuador's Ministry of Environment and Energy [6][8] - A site visit by government officials in July 2025 marked progress towards the Free, Prior and Informed Consultation process, which is expected to commence in the coming months [7][8] Pre-Feasibility Study and Resource Estimates - The Warintza Pre-Feasibility Study is progressing with positive momentum, incorporating an updated Mineral Resource Estimate that includes resources from Warintza West, expected to be completed in the second half of 2025 [9][10] - Solaris is focused on long-term value creation and aims for a Final Investment Decision, supported by strengthened community partnerships and a reinforced financial position following a recent transaction with Royal Gold [10][11] Exploration Opportunities - Beyond the defined Mineral Resource Estimate, Solaris is pursuing high-impact exploration opportunities within the broader Warintza district, which is considered highly prospective and underexplored [11][12]