On June 17, 2019, Solitario Zinc Corp. held its Annual Meeting of Shareholders at which holders of 39,730,977 shares of common stock, or 68.27% of the total outstanding shares eligible to vote as of the record date, were present in person or by proxy. The three matters identified below were submitted to a vote of the shareholders. Each proposal is more fully described in Solitario’s definitive proxy statement filed [...]
Solitario Zinc Corp. NYSE American: XPL; TSX: SLR) is pleased to announce that Nexa Resources has begun the 2019 phase of the most aggressive surface drilling program in the history of the Florida Canyon zinc project. Three core rigs with helicopter support will be utilized for the 2019 program. The Florida Canyon Project in northern Peru is held in a joint venture between Solitario and Nexa , the world’s fourth [...]
Solitario Zinc Corp. is pleased to provide an update on its Lik zinc project, a review of the sale of its non-core royalty properties in 2018/2019, its corporate G & A cost reduction initiative for 2019, and a brief status report on its Florida Canyon drilling program. Lik Project, Alaska The Lik high-grade zinc project located in northwestern Alaska is an advanced exploration project joint ventured with Teck American [...]
Solitario Zinc Corp. is pleased to announce that it has sold two royalties and an option to purchase a third royalty to SilverStream SEZC , a private Cayman Island royalty and streaming company. Solitario will receive CDN $250,000 in cash and CDN $350,000 in a convertible note as payment for the royalties and option. The royalties cover the 125,000-acre polymetallic Pedra Branca palladium, platinum, gold, nickel, cobalt [...]
Solitario Zinc Corp. NYSE American: XPL; TSX: SLR) is pleased to announce that drilling will commence within the next several days on its Florida Canyon zinc project in northern Peru. Two core drilling rigs with helicopter support have been mobilized to the site. The Florida Canyon Project is held in a joint venture between Solitario and Nexa Resources NYSE: NEXA; TSX: NEXA), the world’s fourth largest zinc miner [...]
Solitario Zinc Corp. is pleased to announce that Teck American Incorporated , a wholly owned subsidiary of Teck Resources Ltd. , has commenced a field program on the Lik high-grade zinc project in Alaska. The Lik project is held through a joint venture arrangement between Solitario and Teck . Solitario and Teck agreed that Teck will act as project operator for the 2018 field program to take full advantage of Teck’s [...]
Solitario Zinc Corp. NYSE American: XPL; TSX: SLR) is pleased to announce that a significant drilling program for the Florida Canyon zinc project is scheduled to begin in the third-quarter of 2018, pending drilling permit approvals. Forty-one core holes totaling approximately 17,000 meters are planned. Florida Canyon is held in a joint venture between Solitario and Nexa Resources NYSE: NEXA; TSX: NEXA), the world’s [...]
Solitario Zinc is pleased to announce that it has sold, through its wholly owned subsidiary Minera Solitario Perú S.A.C., its non-producing Yanacocha royalty to Minera Los Tapados for approximately US$501,500 in cash. The Yanacocha royalty covered 43 concessions totaling 36,052 hectares. Newmont owns the underlying mineral concessions and intends to terminate the Yanacocha Royalty. None of the concessions covered [...]
Solitario Zinc is pleased to announce that Solitario, through its 100%-owned subsidiary Zazu Metals and Teck American have approved a jointly funded budget for a new work program on the Lik zinc project in Alaska. This is the first time that project work has been jointly funded, as previously, Zazu Metals, acquired by Solitario in July 2017, had sole-funded the project as part of an option earn-in agreement. Solitario [...]
Solitario Zinc is pleased to announce the planned 2018 work program, additional property acquisitions and newly defined exploration opportunities on its Florida Canyon Zinc Project in Peru. Florida Canyon is held in a joint venture between Solitario and Nexa Resources. Highlights of the planned 2018 work program include completion of the access road into the mineralized portion of the project area and permitting that will [...]
Solitario Zinc Corp. (“Solitario;” NYSE American: XPL; TSX: SLR) is pleased to announce that is has initiated metallurgical testing to determine the potential to recover silver at its recently acquired Lik zinc project in Alaska. The Lik resource, besides being a high-grade zinc deposit, contains a significant silver inventory that averages about 50 grams per tonne silver. Metallurgical testing to date has [...]
Solitario Zinc Corp. (“Solitario;” NYSE American: XPL; TSX: SLR) is pleased to announce results from its Preliminary Economic Assessment (“PEA”) for its high-grade Florida Canyon Zinc Project, formerly called the Bongará Zinc Project. The project is a joint venture between Solitario and Compañía Minera Milpo S.A.A. (“Milpo”) and is situated in northern Peru. PEA [...]