Vancouver-based miner Solaris Resources is advancing a portfolio of assets in the Americas which include the Warintza copper and gold project in Ecuador which is set for a mas-sive re-rate of its share price, a spokesperson for the company said in a statement.
“This is one of the most exciting periods in the company’s history as Solaris has announced its intention to spin off its non-core assets, potentially in preparation for the future takeout of Warintza,” the state-ment said.
Earlier this year, Solaris Resources announced a significant new dis-covery in maiden drilling of the Warintza South target of the project which is located in Ecuador’s south-eastern part.
Jorge Fierro, the company’s vice president for exploration, said So-laris Resources was pleased “to have made a significant new discov-ery at Warintza South, with the first ever hole returning a long interval of well mineralized copper porphyry.”