Solstice’s Yarri Drilling Success Hinges on Pending Assay Results
Solstice Minerals has completed a major Reverse Circulation drilling campaign at its Yarri Project in Western Australia, targeting promising gold prospects with assay results expected soon.
- Completion of 39 RC drill holes across three key gold prospects
- Targets include Statesman Well, Bluetooth, and Edjudina Range
- Assay results pending, expected within 3 to 4 weeks
- Strong cash position of $13.6 million supports ongoing exploration
- Nanadie Copper-Gold Project development progressing alongside gold efforts
Drilling Milestone at Yarri Project
Solstice Minerals has successfully wrapped up an extensive Reverse Circulation (RC) drilling program at its Yarri Project in Western Australia, marking a significant step forward in its exploration campaign. The program encompassed 39 drill holes totaling approximately 4,050 meters, targeting three high-potential gold prospects: Statesman Well, Bluetooth, and Edjudina Range.
At Statesman Well, 22 holes were drilled along a 1-kilometer zone featuring historical gold intercepts and old workings. Previous results from this area included notable intercepts such as 22 meters at 1.14 grams per tonne (g/t) gold and 10 meters at 2.04 g/t gold, underscoring its potential for commercial-grade mineralisation.
Building on Bluetooth and Edjudina Range Prospects
The Bluetooth prospect saw 15 holes completed over an 800-meter strike, following encouraging shallow gold intercepts from earlier drilling in 2024. These included intervals like 29 meters at 1.58 g/t gold and 12 meters at 2.86 g/t gold, suggesting a robust mineralised system near surface.
Meanwhile, two initial holes at the Edjudina Range prospect aimed to explore fresh rock geology beneath previously identified aircore gold anomalies. Early aircore results showed promising grades, including 2 meters at 3.17 g/t gold to the end of the hole, associated with quartz veining and alteration zones indicative of potential mineralisation.
Awaiting Assay Results and Future Outlook
All initial composite samples from the drilling program have been dispatched to laboratories, with assay results anticipated within the next three to four weeks. These results will be critical in defining the extent and continuity of shallow gold mineralisation and informing potential Mineral Resource estimates, particularly at Bluetooth and Statesman Well.
Solstice’s CEO, Nick Castleden, highlighted the company’s strong cash position of $13.6 million as of March 31, 2025, which provides ample flexibility to advance exploration activities. He also emphasized the strategic advantage of the Yarri Project’s location, with excellent infrastructure and proximity to existing mining operations, enhancing the prospects for commercialisation of any discoveries.
Alongside gold exploration, Solstice is progressing its Nanadie Copper-Gold Project, which holds a robust inferred resource and presents opportunities for resource expansion. The company’s diversified portfolio and active exploration pipeline position it well for sustained newsflow and potential value creation throughout 2025.
Bottom Line?
With assay results imminent, Solstice Minerals stands poised to unlock significant value from its Yarri gold prospects and beyond.
Questions in the middle?
- Will the assay results confirm commercial-grade mineralisation at Statesman Well and Bluetooth?
- How will the fresh rock data from Edjudina Range influence Solstice’s exploration strategy?
- What are the next steps for advancing the Nanadie Copper-Gold Project alongside gold targets?
