Can Solstice Minerals Sustain Momentum Amid Exploration and Board Changes?

• Multiple strong gold intercepts at Yarri’s Bluetooth, Edjudina Range, and Statesman Well prospects
• Identification of substantial mineral resource extension targets at Nanadie Copper-Gold Project
• Ongoing Induced Polarisation geophysical survey and planned maiden RC drilling at Nanadie
• Strategic $2.1 million placement to Paradice Investment Management
• Appointment of experienced M&A lawyer Meredith Campion to the board

Exploration Success at Yarri Gold Project

Solstice Minerals has reported a busy and productive June quarter, highlighted by multiple drilling successes at its Yarri Gold Project in Western Australia’s Eastern Goldfields. The Bluetooth Gold Prospect continues to impress with a second round of Reverse Circulation (RC) drilling confirming excellent grade continuity in shallow, tabular oxide gold mineralisation. Notable intercepts include 15m at 1.90g/t gold and 20m at 1.98g/t gold, underscoring the potential for a commercially viable deposit.

Meanwhile, the Edjudina Range prospect, a relatively new discovery concealed beneath soil cover, has been extended through aircore and RC drilling. Early results, including a 16m intercept at 1.13g/t gold, suggest a promising gold system with strong quartz veining and alteration. Further drilling is underway to delineate this target.

At Statesman Well, initial RC drilling has revealed high-grade shallow gold mineralisation, including an exceptional 8m at 7.94g/t gold with individual one-meter intervals exceeding 16g/t and 39g/t gold. These results, combined with wide anomalous zones, indicate a robust mineralised system with potential for further expansion.

Nanadie Copper-Gold Project, Growth Potential Uncovered

Solstice’s recently acquired Nanadie Copper-Gold Project in the Murchison region has undergone a comprehensive geological review, identifying significant mineral resource extension targets beyond the current Inferred Mineral Resource Estimate (MRE) of 40.4 million tonnes at 0.4% copper and 0.1g/t gold. The deposit remains open along strike and at depth, with historical drill holes indicating mineralisation to the end of holes, suggesting untapped potential.

An Induced Polarisation (IP) geophysical survey is currently underway to refine drill targets, with maiden RC drilling planned for the third quarter of 2025. Success here could materially increase the resource base, enhancing the project’s strategic value.

Corporate Strength and Strategic Appointments

On the corporate front, Solstice Minerals completed a strategic placement raising $2.1 million at 24 cents per share, bringing Paradice Investment Management on board as a substantial 9.9% shareholder. This capital injection bolsters the company’s cash position to $15 million with no debt, providing a solid foundation for ongoing exploration and project development.

Additionally, the company appointed Meredith Campion, a highly regarded mergers and acquisitions lawyer with extensive experience in corporate and resources law, to its board. Her expertise is expected to strengthen governance and support Solstice’s growth ambitions.

Looking Ahead

Solstice is actively advancing its exploration programs with ongoing RC drilling at Yarri’s Bluetooth and Edjudina Range prospects, and imminent results expected from these campaigns. At Nanadie, the IP survey and maiden drilling will be critical in defining the next phase of resource growth. The company’s strong financial position and strategic shareholder support position it well to capitalize on these opportunities.

Bottom Line?

With promising drilling results and strategic corporate moves, Solstice Minerals is poised for a pivotal second half of 2025.

Questions in the middle?

• Will upcoming assay results confirm the commercial viability of Yarri’s new gold discoveries?
• How significantly can the Nanadie resource be expanded through the planned drilling programs?
• What influence will Paradice Investment Management have on Solstice’s strategic direction?