Solstice Gold Expands Land Position at SLP and Outlines Summer Exploration Program

About this update from Solstice Gold Corp.

[{"type":"text","content":" VANCOUVER, British Columbia, May 31, 2023 (GLOBE NEWSWIRE) -- Solstice Gold Corp. (TSXV: SGC) (“Solstice”, “we”, “our” or the “Company”) is pleased to provide an update on the exploration plans for its Stewart Lake Lithium Project (“SLP”) in the English River Subprovince (“ERS”). The Company also recently added 23 km2 ha of property adjacent to the SLP which increases its ERS land package to a total of 197 km2 ha to cover areas with potential pegmatites interpreted from satellite imagery. Pablo McDonald, Solstice CEO stated, “Over the last six months, Solstice undertook an extensive review of all fertile rare element districts in Ontario. Our technical team’s early recognition of the eastern ERS as an underexplored region with high discovery potential for rare elements allowed us to establish a commanding land package in high metamorphic grade metasediments flanked by two peraluminous granites. The SLP property contains at least 146 documented pegmatites in an area that has never been sampled for Lithium or rare metals. We are very optimistic that we are just scratching the surface of this region’s high discovery potential, which is what has been driving the design of our summer exploration plans. We are excited to get boots on the ground and systematically explore this strategically located land package.” Key exploration details include: The OGS has recently identified the general SLP area as prospective for rare metal pegmatites in its “Recommendations for Exploration 2022-23”1. They suggest that the largely unexplored eastern ERS shows similarities with the Quetico sub-province which hosts a large number of rare metal pegmatites1. Locally, pegmatites are documented in shallow drill holes that are close (<100 m) to areas of distinctive white outcrop on satellite images which, based on the shallow depth and frequency of the logged pegmatites, are likely their surface expressions (see inset, Figure 1). These distinctive white outcrops are also seen in the same areas mapped by the OGS (P0565). Similar areas of dense white outcrop are pervasive throughout the property and represent prospective pegmatite areas that are the target of the Company’s summer prospecting plans (see details, below). SLP has 146 pegmatites within this fertile setting for rare metals mineralization (Figure 1) documented during diamond drill exploration ...

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