The proceeds from the Offering will be used by the Company to complete a 4,000 meter drilling campaign on its Palos Verdes property, conduct exploration on its Los Pavitos property with a view of identifying drilling targets and for general working capital.
Peter J. Hawley, CEO and President, remarks, “Planned definition hole SM20-43 was designed to fill in a drill poor gap in the past resource area. Of interest to note is the lack of or decrease of gold values found in drilling to the east.
Solaris Resources Inc. announces its intention to transfer its non-core assets held in Ecuador, Peru, Chile and Mexico into a newly incorporated wholly-owned subsidiary of Solaris named Solaris Exploration Inc. pursuant to an internal re-organization.
“The results from our early operations at the Santana project continue to impress,” stated Darren Koningen, CEO. “Metallurgical extractions have been outstanding to date and despite challenges the build up in gold inventories on the leach pads has exceeded our early expectations.”
“The initial Mineral Resource Estimate at Los Ricos North exceeds expectations for the first 100,000 metres of drilling on these targets. As we embark on the next 100,000 metres of drilling at Los Ricos North, we feel confident in our understanding of the deposits and the exploration potential in 2022 to greatly increase this already substantial Mineral Resource,” said Brad Langille, President and CEO.
Jadar Resources Limited wishes to advise that following Shareholder approval at the Company’s Annual General Meeting held on 24 November 2021, that the change of the Company name from Jadar Resources Limited to EV Resources Limited will take place on ASX tomorrow.
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