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Solaris Resources Reports First Drill Hole Intersection: 567m of 1.0% CuEq From Surface, Expands Warintza Central
VANCOUVER, BC, Aug. 10, 2020 /CNW/ - Solaris Resources Inc. (TSXV: SLS) ("Solaris" or the "Company") is pleased to report assay results for the first hole from
About this update from Solaris Resources Inc
[{"type":"text","content":" VANCOUVER, BC, Aug. 10, 2020 /CNW/ - Solaris Resources Inc. (TSXV: SLS) (\"Solaris\" or the \"Company\") is pleased to report assay results for the first hole from the ongoing 40,000 metre (m) diamond drill program at its Warintza Project (\"Warintza\" or \"the Project\") in south-eastern Ecuador. This is the first drill program made possible in nearly 20 years at Warintza and aims to expand the lateral footprint and depth extent of the high-grade Warintza Central zone, discovered by the late David Lowell in 2000. Highlights from the recent drilling are listed below and summarized in Table 1 and 2. Highlights The first hole, SLS-01, returned a consistent, high grade interval starting from surface of 567m of 0.80% Cu, 0.04% Mo, and 0.1 g/t Au (1.00% CuEq)(1) and terminated in a barren dyke (true width cannot be determined with the data and information currently available) SLS-01 greatly extends mineralization to depth and improves upon the grade of Warintza Central in which historical drilling averaged less than 200m depth Geological interpretation places this interval in the 'outer halo' of the porphyry system, with the higher-grade core to be vectored toward with additional drilling An advanced airborne geophysical survey commencing next week is expected to aid in targeting at Warintza Central and within the broader 5km-long Warintza trend A secondary objective of the geophysical survey is to refine the series of three multi-km gold-in-soil anomalies located northeast of Warintza and generated by soil sampling last year Additional drill results are expected by early September, with more frequent results expected as drilling ramps up thereafter Mr. Jorge Fierro, Vice President, Exploration, commented, \"We are very pleased to have intersected a long interval of consistent, high grade porphyry mineralization from surface on the first-ever deep hole drilled on this property. The hole was collared within the footprint of Warintza Central, but greatly extends mineralization to depth before terminating in a barren dyke. As expected, no significant values of deleterious elements were detected in assaying.\" Mr. Daniel Earle, President & CEO, commented, \"We are delighted to report the results of the first drill hole completed on the Warintza Project in nearly 20 years, an achievement made possible through the Strategic...