Solitario Exploration & Royalty Corp. (“Solitario;” NYSE MKT: XPL; TSX: SLR) is pleased to announce today that its board of directors approved a share repurchase program that authorizes the Company to purchase up to 2.0 million shares of its outstanding common stock through December 31, 2016. All shares repurchased will be cancelled and reduce Solitario’s current 39.2 million shares outstanding. The [...]
Solitario and Ely Gold are pleased to announce that they have closed the previously announced agreement (see news release dated June 11, 2015) to sell their combined interests in the Mt. Hamilton gold project to Waterton Nevada Splitter, a wholly-owned subsidiary of Waterton Precious Metals Fund II Cayman, for total cash proceeds of US$30 million. The Transaction was structured as the sale of the Sellers’ membership [...]
Solitario is pleased to announce the results of its annual meeting of shareholders held on August 14, 2015 in Solitario’s corporate headquarters in Wheat Ridge, Colorado. A total of 34,074,372 common shares, representing approximately 86.67% of common shares were represented in person or by proxy at the meeting. Solitario shareholders overwhelmingly approved the proposal to sell the Company’s 80% membership interest in [...]
Solitario Exploration & Royalty Corp. (“Solitario;” NYSE MKT: XPL; TSX: SLR) is pleased to announce that it has extended the expiry date of its US$5.0 million secured credit facility agreement (the “Facility Agreement”) with RMB Australia Holdings Limited (“RMB”) dated August 10, 2012. The expiry date of the Facility was extended to allow for any additional time that may be necessary to [...]
Solitario Exploration & Royalty Corp. (NYSE MKT:XPL; TSX:SLR) ( €œSolitario €) and Ely Gold & Minerals Inc. (TSX.V:ELY) ( €œEly Gold €, and together with Solitario, the €œSellers €) are pleased to announce that they have entered into a definitive agreement (the €œAgreement €) to sell their combined interests in the Mt. Hamilton gold project ( €œMt [...]
Solitario Exploration & Royalty Corp. ( Solitario; NYSE MKT: XPL; TSX: SLR) and Ely Gold & Minerals ( Ely Gold; TSX.V: ELY) are pleased to announce that the Nevada Division of Environmental Protection ( NDEP ) has approved two air quality permits required for construction of the Mt. Hamilton gold project in Nevada. The Class I Operating Permit and Phase II Mercury Operating Permit to Construct address all air quality [...]
Solitario Exploration & Royalty Corp. (“Solitario;†NYSE MKT: XPL; TSX: SLR) is pleased to announce that Votorantim Metais (“Votorantimâ€) and its successor in interest, CompañÃa Minera Milpo S.A.A. (“Milpoâ€; Lima Stock Exchange: MILPOCI) have earned a 61% interest in Solitario’s Bongará Zinc Project in Peru. Votorantim completed all the conditions necessary to earn its interest and Solitario now holds a 39% interest in the project. As previously announced (November 13, 2014), Votorantim and Milpo entered into an agreement for Milpo to ... [...]
Solitario Exploration & Royalty Corp. (“Solitario;” NYSE MKT:XPL; TSX:SLR) and Ely Gold & Minerals (“Ely Gold;” TSX.V: ELY) are pleased to announce that the Nevada Division of Environmental Protection (“NDEP”) has recently approved two key Reclamation Permits for the Mt. Hamilton gold project in Nevada. The two permits address the mining and processing elements of the project and are the final reclamation related permits [...]
Solitario Exploration & Royalty Corp. (“Solitario;” NYSE MKT: XPL; TSX: SLR) is pleased to announce that Compania Minera Milpo S.A.A. (“Milpo”; Lima Stock Exchange: MILPOCI) has announced its intent to acquire from its parent Votorantim Metais (“Votorantim”) an interest in Solitario’s Bongará Zinc Project in Peru. Milpo’s Board of Directors approved the purchase of an interest in Bongará and another significant zinc [...]
Solitario Exploration & Royalty Corp. (“Solitario;” NYSE MKT:XPL; TSX:SLR) and Ely Gold & Minerals (“Ely Gold;” TSX.V:ELY) are pleased to announce the results of an updated Mt. Hamilton Feasibility Study (“2014 FS”) that focused on optimizing gold production during the early mine life to enhance project economics. Recent drilling, engineering and detailed mine planning have facilitated significantly higher annual gold [...]
Solitario Exploration & Royalty Corp. (“Solitario;” NYSE MKT: XPL; TSX: SLR) and Ely Gold & Minerals (“Ely Gold;” TSX.V: ELY) are pleased to announce that the Environmental Assessment (“EA”) process undertaken by the U.S. Department of Agriculture – Forest Service has been completed. The completion of the EA process represents the most important permit approval for initiating development and operations for the mine. The [...]
Solitario Exploration & Royalty Corp. (“Solitario;” NYSE MKT: XPL; TSX: SLR) is pleased to announce the initial NI 43-101 compliant resource estimate for its high-grade Bongará zinc project in northern Peru. The Mineral Resource Statement and Technical Report was prepared on behalf of Solitario by SRK Consulting (U.S.) Inc. (“SRK”), an independent and internationally recognized mining engineering firm. SRK verified and [...]