Solitario Discovers Major New Area with Multi-Gram Gold; Wild Rose Zone Open in All Directions - Seite 2

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Chris Herald, President and CEO of Solitario, stated: "Wild Rose is an important new high-grade gold discovery. Wild Rose, combined with the Downpour zone to the southwest, represents a four-kilometer-long structural corridor with significant alteration and high-grade gold values at surface. Similar to other previously discovered Golden Crest mineralized areas, Wild Rose was first recognized by the presence of altered carbonate float rock in the tracks of an existing jeep road. Detailed follow-up work during the later part of the 2023 field season delineated its current surface footprint. We anticipate that additional work between Downpour and Wild Rose will demonstrate these two zones are one in the same."

Chris Herald, President and CEO of Solitario, will give a special presentation at the PDAC conference in Toronto, Canada, focusing on the Golden Crest Project on Wednesday, March 6, starting at 10:42 am (Level 800 / Hall E). The presentation will not be webcast, but all conference attendees may attend.

Golden Crest Drill Hole Permitting and Project Overview

In December 2023, the USFS issued its final Environmental Assessment ("EA") and Draft Decision and Finding of No Significant Impact (FONSI) on Solitario's proposed Golden Crest drilling program. As a result of this decision, no additional environmental studies beyond USFS's comprehensive EA are required. Following this decision, a 45-day period ensued allowing for interested parties that commented on the original draft EA to object to the FONSI decision. The objection period has ended and currently the USFS is preparing responses to the objections.