Solaris Resources ( (TSE:SLS) ) has provided an update.
Solaris Resources has formed an Inter-Institutional working group with the Pueblo Shuar Arutam (PSHA) organization, host communities, and the Ecuadorian State, marked by a Letter of Intent signed on February 5, 2025. This collaboration aims to foster dialogue and cooperation, enhancing the company’s community relations and supporting its sustainable mining model. Additionally, Solaris concluded its infill drilling program at the Warintza Project, setting the stage for an updated Mineral Resource Estimate by mid-2025, which will contribute to a Pre-Feasibility Study expected in Q3 2025. These developments underscore Solaris’s commitment to responsible resource development, potentially strengthening its industry position and benefiting stakeholders.
More about Solaris Resources
Solaris Resources Inc. is a copper-gold exploration and development company focused on sustainable mining practices. The company is dedicated to empowering communities and stakeholders through participatory and responsible mining. Solaris’s flagship project is the Warintza Project, a large copper-gold porphyry deposit located in southeast Ecuador, with additional exploration projects in Peru, Chile, and a joint-venture project in Mexico.
YTD Price Performance: -2.17%
Average Trading Volume: 59,287
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $514.3M
For a thorough assessment of SLS stock, go to TipRanks’ Stock Analysis page.