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Solstice Minerals Limited ( (AU:SLS) ) just unveiled an announcement.
Solstice Minerals Limited is an Australian copper and gold explorer whose flagship Nanadie Copper-Gold Project in Western Australia’s Murchison District hosts an inferred resource of 40.4 million tonnes at 0.4% copper and 0.1 grams per tonne gold. The project, held 100% by Solstice on granted mining and exploration tenements, offers exposure to metals with strong future demand and a large mineralised system that the company is working to systematically expand.
The company has secured the maximum A$200,000 co-funded drilling grant under Round 33 of Western Australia’s Exploration Incentive Scheme, plus an additional allowance of up to A$50,000 to offset fuel supply challenges. The funding will support deep reverse circulation and diamond drilling to test southward plunge extensions and IP targets beyond current drilling limits at Nanadie and to refine the geological model of a potentially intrusive-related magmatic sulphide system.
Recent wide, high-grade copper-gold intercepts underscore the growth potential of the Nanadie deposit, and the EIS grant is presented as independent validation of the project’s quality and scale. By immediately integrating the EIS-supported holes into its 2026 drilling campaign, Solstice aims to accelerate resource growth and reinforce Nanadie’s status as a significant copper-gold asset in a Tier-1 Western Australian mining jurisdiction.
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 exploration company focused on copper and gold, with its flagship Nanadie Copper-Gold Project in Western Australia’s Murchison District. The project sits on a granted mining lease and exploration licences and hosts an existing inferred mineral resource, positioning the company to benefit from robust long-term demand for strategic base and precious metals.
The Nanadie deposit features near-surface and fresh-rock sulphide mineralisation over a substantial footprint, with significant zones of higher-grade copper often associated with elevated gold. This geological setting and existing resource base underpin Solstice’s strategy of aggressive reverse circulation and diamond drilling to expand mineralisation along strike, down-plunge and at depth.
Average Trading Volume: 815,813
Technical Sentiment Signal: Buy
Current Market Cap: A$269.3M
See more data about SLS stock on TipRanks’ Stock Analysis page.