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Highlights
- Solstice Minerals (SLS) confirms gold anomalism in maiden RC drilling at Edjudina Range.
- Best assay returns 20m at 1.02g/t gold, validating Yarri project’s potential.
- Follow-up drilling planned to expand mineralised zones along open-ended corridors.
Solstice Minerals (ASX:SLS) has delivered promising results from its first-ever reverse circulation (RC) drilling campaign at the Edjudina Range prospect, part of the Yarri gold project in Western Australia. The findings reinforce the region’s prospectivity, with assays revealing a notable 20-metre intersection grading 1.02 grams per tonne (g/t) gold from 36 metres depth.
The drilling campaign also covered the advanced Statesman Well and Bluetooth prospects, located 9km and 24km from Edjudina, respectively. Initial holes intersected quartz veining and alteration zones, aligning with historic aircore results that included high-grade intercepts like 2m at 3.17g/t gold. The mineralisation coincides with iron-manganese staining and arsenic pathfinder anomalism, suggesting a robust system along a 1,000m strike length, open in both directions.
Nick Castleden, Managing Director of (SLS), highlighted the significance of the results: *“A first-ever RC test returning 20m at 1.02g/t gold underscores the potential of Edjudina Range. Our strategy to explore soil-covered structural targets in Yarri is paying off.”* The company plans follow-up drilling, including scissor holes to confirm mineralisation orientation and step-out RC holes to test northern and southern extensions.
With assays pending from additional drilling, (SLS) remains focused on expanding its understanding of the Yarri project. The upcoming aircore program aims to trace open-ended mineralisation, further de-risking the asset. For investors eyeing ASX dividend stocks, Solstice’s exploration success could position it as an emerging player in the gold sector, while its progress adds momentum to the S&P/ASX200 mining segment.
As the company mobilises more rigs, the market awaits further updates, potentially unlocking new opportunities in Western Australia’s gold-rich terrains.
