08:30 AM EDT, 09/10/2024 (MT Newswires) -- Solaris Resources ( SLSR ) , trading at the low end of its 52 week trading ranges in both Canada and the U.S., reported Tuesday recent results from the Celestina target area as part of its continuing district exploration program at the Warintza project in Ecuador.
A statement noted Celestina lies within the search domain for epithermal deposits east of the Warintza porphyry cluster and is defined by a 4.5km by 3km area of hydrothermal alteration and elevated zinc, lead, arsenic and mercury values in soil.
It said additional prospecting in an overburden-covered area outside of these anomalies has identified three parallel vein exposures in creek beds within 100m either side of the original breccia outcrop. The company added follow-up rock chip sampling returned high values of 16,019 grams per tonne (g/t) silver and 25.3 g/t gold, with other samples supporting the presence of an underlying silver-gold-base metals vein system.
Solaris said ongoing field work is now focused on locating additional exposures that provide further views to the underlying vein system. District exploration efforts in other target areas continue to progress.
Solaris' share price rose 3.45% yesterday to $2.70 on the TSX.