Solitario Resources Corp. is a zinc focused exploration company engaging in the acquisition, exploration, and development of zinc properties in safe jurisdictions in North and South America.
Following the purchase of Zazu Metals in 2017, Solitario grew from a company with just over 361 million pounds of attributable zinc-equivalent in the measured and indicated resource category to one with over 2.76 billion pounds of attributable zinc-equivalent. The inferred resource category increased from approximately 970 million pounds of attributable zinc-equivalent to 1.7 billion pounds of attributable zinc-equivalent.
Solitario now has significant joint venture interests in two large, high-grade zinc development projects with world-class partners:
- Florida Canyon Zinc Project in Peru is a high-grade development asset held jointly with Nexa Resources, the world’s fourth largest zinc producer.
- Lik Zinc Project represents a large-tonnage, high-grade, surface mineable development project in Alaska in partnership with Teck Resources, the world’s third largest zinc miner.
Solitario’s consolidated position in these two assets reduces development risk as both projects are located in favorable jurisdictions with experienced zinc-producing joint venture partners, increasing the Company’s exploration potential and reducing shareholder risk by diversifying Solitario’s asset base.
Solitario also has an aggressive acquisition strategy targeting high quality mineral assets and an ongoing generative exploration program in Peru to identify new project areas based on its 50,000-sample proprietary geochemical data base. Our goal is to transition Solitario from a single-asset junior company to a multiple-asset intermediate-sized resource company.