Solstice Extends Depth and Scale of Nanadie Copper-Gold System With First Diamond Tail

Solstice Minerals Limited ( (AU:SLS) ) just unveiled an update.

Solstice Minerals has completed its first diamond drill tail at the Nanadie Copper-Gold Project in Western Australia, extending prior high-grade reverse circulation results to a final depth of 629.1 metres. The hole, NANRCD004, is now the deepest drilled in the area and has intersected multiple zones of visible chalcopyrite mineralisation that appear consistent with earlier drilling and significantly deepen the known mineralised system.

Geological logging and core processing are underway, with assay results expected within six weeks to quantify the observed sulphides and their potential to support mineral resource growth. The diamond campaign will comprise about 10 tails for 2,000 metres of core and is being run alongside a 10,000-metre Phase 2 reverse circulation program aimed at step-out exploration, resource delineation and defining higher-grade positions for future mineral resource estimates.

The most recent analyst rating on (AU:SLS) stock is a Buy with a A$1.85 price target. To see the full list of analyst forecasts on Solstice Minerals Limited stock, see the AU:SLS Stock Forecast page.

More about Solstice Minerals Limited

Solstice Minerals Limited is an Australian mineral exploration company focused on copper and gold projects, with its flagship Nanadie Copper-Gold Project located in Western Australia’s Goldfields region. The company is targeting growth in mineral resources through systematic drilling campaigns aimed at expanding known deposits and defining higher-grade zones to enhance future resource estimates and project economics.

Average Trading Volume: 1,002,597

Technical Sentiment Signal: Buy

Current Market Cap: A$217.7M

For detailed information about SLS stock, go to TipRanks’ Stock Analysis page.