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Solstice Minerals Limited ( (AU:SLS) ) just unveiled an announcement.
Solstice Minerals has reported further strong copper-gold assay results from Phase 1 reverse circulation drilling at its 100%-owned Nanadie project in Western Australia, with multiple wide intercepts of copper and gold mineralisation outside the current 40.4Mt mineral resource. The new results, including step-out holes confirming the system remains open to the south and at depth, underpin plans for immediate diamond drilling, a Phase 2 RC program and continued resource expansion, with the company highlighting emerging high-grade zones and a strong funding position to support aggressive exploration.
The latest drillholes intersected broad zones of disseminated sulphide-hosted copper-gold, such as 125m at 0.40% Cu and 0.11g/t Au and 96m at 0.41% Cu and 0.12g/t Au, while southern holes NANRC004 and NANRC001 ended in high-grade mineralisation suggesting a potentially larger, higher-grade core. Management says these results enhance confidence in the scale potential of Nanadie and its strategic appeal as a near-surface, growth-ready copper-gold asset, with pending assays from remaining holes expected to define additional step-out targets and further support resource growth.
The most recent analyst rating on (AU:SLS) stock is a Hold with a A$1.00 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 exploration company focused on copper-gold projects in Western Australia’s Goldfields region. Its flagship 100%-owned Nanadie Copper-Gold Project hosts a shallow inferred mineral resource with substantial contained copper and gold, and exhibits characteristics amenable to potential bulk-tonnage, low-strip mining scenarios.
Average Trading Volume: 579,488
Technical Sentiment Signal: Buy
Current Market Cap: A$120.5M
Find detailed analytics on SLS stock on TipRanks’ Stock Analysis page.