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Solaris Resources and Warints and Yawi Communities Correct the Record of False and Misleading Claims by Anti-Mining NGOs
VANCOUVER, British Columbia, July 01, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) (“Solaris” or the “Company”) and the Warints and Ya
About this update from Solaris Resources Inc
[{"type":"text","content":" VANCOUVER, British Columbia, July 01, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) (“Solaris” or the “Company”) and the Warints and Yawi Shuar communities correct the record of false and misleading claims made by anti-mining NGOs in relation to the social license for its Warintza Project (“Warintza” or “the Project”) in the province of Morona Santiago in southeastern Ecuador. Warintza Resides on the Ancestral Lands of the Warints and Yawi – The Ancestral Lands of these communities have been registered and clearly defined by the Government of Ecuador since 2002. These communities are registered legal entities under Ecuadorean law and the only parties that have any legal rights or authority over their Ancestral Lands. No other entity or association has any legal rights or authority over the Ancestral Lands of the Warints and Yawi. Warints and Yawi Recognized as Sole Holders of Their Ancestral Lands – The International Labor Organization documented the legitimacy of the Warints and Yawi as the sole holders of title to their Ancestral Lands and the legality of the Strategic Alliance governance structure created by Solaris as a mechanism of community consent for Warintza. The Strategic Alliance is managed by an Advisory Board of Directors made up of representatives of the Company and members of each community, democratically elected through their General Assemblies. Consultation Processes – The Ministry of Environment of Ecuador has carried out two consultation processes that have determined that the communities of Warints and Yawi are those directly influenced by Warintza. These successful consultation processes, supported by the communities, have allowed for the phase change of the Project from Initial Exploration to Advanced Exploration following the completion of an Environmental Impact Assessment and issuance of an Environmental License. Host Community Agreements – Solaris has explicit consent for the Project from the Warints and Yawi through its formal community agreements. These include an Impact and Benefits Agreement signed in 2020, later updated in 2022, and most recently in early 2024 to reflect the continued growth and advancement of the Project and its commitment to its host communities. All surrounding communities contribute employees to the Project and many of these have requested Solaris to ...