Solstice Minerals Limited (AU:SLS) has released an update.
Solstice Minerals Limited, an emerging player in gold exploration, has sold its 80% stake in the Hobbes license for A$10 million, enhancing its cash reserves to A$17.5 million. This strategic move allows the company to intensify exploration efforts on its 100% owned Yarri Project and other gold targets across 2,140 square kilometers in Western Australia’s Eastern Goldfields. Despite weather-related disruptions, Solstice is set to resume aircore drilling operations in Q2 2024 to capitalize on the region’s significant gold potential.
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