Solitario Files Drilling Plan of Operations for Its Bright Angel Gold - Copper Project

Core Insights - Solitario Resources Corp. has filed a Plan of Operations with the US Forest Service to conduct core drilling at its Bright Angel gold-copper project in Colorado, marking the first drilling since 1970 [1] - The proposed drilling program aims to explore a mineralized porphyry stockwork that contains significant gold and copper values, with mineralization traced over an area approximately 750 meters long and up to 600 meters wide [1] - The company emphasizes the importance of environmental protection in its drilling plans, aiming for minimal surface impact and adherence to state and federal abandonment standards [1] Company Overview - Solitario is focused on high-quality Tier-1 projects in gold, copper, zinc, and critical metals, with significant land holdings in South Dakota and other projects slated for drilling in 2026 [1] - The company holds a 100% interest in the Cat Creek critical minerals project and has joint ventures in high-grade zinc deposits in Alaska and Peru, with over $110 million spent collectively on these properties [1] - Solitario's current cash position is approximately US$8.2 million, and it is traded on the NYSE American and Toronto Stock Exchange [1] Historical Context - The Bright Angel project has a history of exploration dating back to the late 1960s, with Anaconda Copper having drilled 11 core holes in 1970, which intersected significant copper grades but did not prioritize gold due to fixed pricing [1] - Anaconda's exploration concluded that the Bright Angel porphyry was not a calc-alkaline system, leading to its eventual exit from mineral exploration [1] - The company plans to conduct additional surveys, including a drone magnetic survey and possibly an Induced Polarization geophysical survey, in the upcoming field season [1]