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Solstice prepares to ramp up drilling at Statesman Well

Solstice Minerals (ASX:SLS) is adding reverse circulation drilling targets to its 2024 campaign, while aircore drilling continues at greenfield gold targets at the Statesman Well prospect in Western Australia.

Solstice, which has a market capitalisation of $17 million, says its ongoing compilation, mapping, and targeting work has generated a series of follow-up targets below interpreted south-plunging mineralised shoots, as well as open and untested positions. 

“We are focused on adding high-quality RC drill targets to the 2024 drill schedule to balance and complement the aircore programs testing large-scale greenfield targets,” CEO and Managing Director Nick Castleden says.

The company has scheduled a heritage survey and environmental approvals at Statesman Well, with reverse circulation drilling to follow shortly after. Drilling will also be undertaken at the Bluetooth and Bunjarra prospects. 

Aircore drilling is continuing to test areas of unexplored prospective soil-covered geology at Edjudina Range and Boyce, and will then move to conduct infill drilling at Bunjarra. 

The Statesman Well prospect sits in an outcropping geology area at the southern end of the company’s Edjudina Range tenement group, where several structural and strike-extension gold targets are to be drilled. 

Solstice Minerals is a gold and base metals explorer focused on its assets in the Eastern Goldfields of Western Australia. 

Write to Aaliyah Rogan at Mining.com.au   

Images: iStock
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Written By Aaliyah Rogan
Originally from New Zealand, Aaliyah brings several years of experience covering the resources sector, with a focus on companies, commodities and global mining markets. Her reporting has spanned European markets and the evolving global mining landscape, with a focus on the stories and market forces driving change across the sector.