U.S. Forest Service Issues an Environmental Assessment and Draft Decision of No Significant Impact on Solitario's Proposed Golden Crest Drilling Program

DENVER, CO / ACCESSWIRE / December 12, 2023 / Solitario Resources Corp. ("Solitario") (NYSE American:XPL)(TSX:SLR), a gold and zinc exploration company with projects in North and South America, today reported that the U.S. Forest Service published its environmental assessment and draft decision of a Finding Of No Significant Impacts ("FONSI") on Solitario's proposed Golden Crest drilling program in South Dakota. This important decision moves the permitting process forward towards the final steps in acquiring drilling approval.

Chris Herald, President and CEO of Solitario stated, "We are pleased that the U.S. Forest Service, after careful analysis, including consideration of all stakeholder comments, reached the decision that our proposed drilling program does not result in significant impacts on the environment. Our proposed drilling program was carefully planned with all drilling activities situated on previously disturbed areas of past timber harvesting. Several additional administrative steps remain before final permit decisions will be forthcoming, however, we consider this decision to be the most important milestone before final approval."

About Solitario

Solitario is a natural resource exploration company focused on high-quality Tier-1 gold and zinc projects. The Company is traded on the NYSE American ("XPL") and on the Toronto Stock Exchange ("SLR"). In addition to its South Dakota property holdings, Solitario holds a 50% joint venture interest (Teck Resources 50%) in the high-grade Lik zinc deposit in Alaska and a 39% joint venture interest (Nexa Resources holds the remaining 61% interest) on the high-grade Florida Canyon zinc project in Peru. Solitario is carried to production through its joint venture arrangement with Nexa. Solitario's Management and Directors hold approximately 9.3% (excluding options) of the Company's 79.1 million shares outstanding. Solitario's cash balance and marketable securities stand at approximately US$10.0 million. Additional information about Solitario is available online at www.solitarioresources.com.

Solitario has a long history of committed Environmental, Social and Responsible Governance ("ESG") of its business. We realize ESG issues are also important to investors, employees, and all stakeholders, including communities in which we work. We pledge to operate our business in a manner that supports environmental and social initiatives and responsible corporate governance. Importantly, we select joint venture partners that not only value the importance of ESG issues in the conduct of their business on our joint venture projects but are leaders in the industry in this important segment of our business.