Solitario reports low-grade gold hits in first three Golden Crest drill holes, no feeder zone cut
Reuters2026/09/01 23:13- Solitario reported early assay results from three core holes at the Ponderosa area of its Golden Crest gold project in South Dakota.
- Holes PD-001, PD-002, PD-007 returned low-grade mineralization of 0.02 to 0.40 g/t across multiple limestone intervals.
- PD-007 cut 1.3 meters grading 1.37 g/t gold in Precambrian rocks, missing a high-grade feeder structure.
- Phase-one drilling totaled 10 holes for 2,949 meters; assays for the remaining seven holes are expected in late September or October.
- Drone magnetics outlined a 5 km by 1.5 km magnetic high, opening a new western-margin target interpreted as Homestake-style host rocks.
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