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VANCOUVER, British Columbia — Solstice Gold Corp. (TSXV: SGC) (“Solstice”, “we”, “our” or the “Company”) is pleased to announce the commencement of the initial diamond drill program at the Strathy Gold Project (the “Project”), located in the Temagami Greenstone Belt in the prolific Abitibi Subprovince in Ontario.
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Spring 2025 Drill Program
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The Spring 2025 drill program will include 3,500m of drilling across 15-18 drill holes and test five high-priority target areas. Targeting for this initial drill program has been developed based on gold mineralization from historic drilling at the Leckie Gold Zone (see Figure 1) and detailed results from the Company’s 17.5 line km IP survey, completed by Simcoe Geosciences in November 2024:
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- Documented gold mineralization on Solstice’s claims at the Leckie Gold Zone includes 5.00 g/t Au over 17.28m and 7.66 g/t Au over 7.25m (core lengths) at vertical depths of approximately 50-100 metres below surface1.
- Solstice’s 2024 IP surveys detect the known mineralization mentioned above. Additionally, IP results also show extensive, better developed and untested IP anomalies along the North and South extensions of the Leckie Fault (see Figure 1).
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High-Priority Drill Targets
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Building on the historic gold mineralization at the Leckie Gold Zone and more well-developed IP anomalies along strike on the Leckie Fault, three target types will be tested:
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- Leckie Fault Extensions: North and South extensions of the Leckie Fault show strong IP chargeability anomalies. Many of these are better developed than those at the historic high-grade intercepts noted above.
- Potential Intrusive-Related Targets: A second type of target at Strathy which exhibits high chargeability and associated high resistivity (as opposed to low resistivity at the Leckie Gold Zone). These IP responses are up to 800m long and may suggest the presence of a different style of mineralization from the Leckie Fault, possibly associated with intrusive source rocks, which are spatially associated with many gold deposits in the Temagami Greenstone Belt and in the Abitibi in general.
- New Leckie-Parallel Faults: Digital elevation modelling (DEM) and IP data define linear N-S targets which are interpreted to represent multiple Leckie-type targets across the Property. The highest priority areas on these targets are where they intersect the high chargeability / high resistivity targets described above.
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About the Strathy Gold Project
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The Strathy Gold Project is an extensive 41 km2 land package in the Archean-age Temagami Greenstone Belt, which is the southernmost extension of the Abitibi Subprovince in Ontario. The Project includes parts of the Net-Vermilion Deformation Zone and the Link Lake Deformation Zone, which are two prominent Northeast-Southwest-trending structures crosscutting Archean metavolcanics. It contains documented, widespread high-grade gold mineralization, hosting historic intercepts of 5.00 g/t Au over 17.28m and 7.66 g/t Au over 7.25m (core lengths) at vertical depths of approximately 50-100 metres below surface1, and documented surface sample results of up to 62.7 g/t Au 2. Despite this demonstrated prospectivity, the core claims at Strathy have not been systemically explored in the past.
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A 17.5 line kilometre IP program carried out in November 2024 has detected known mineralization, and in addition to this, the IP results show extensive, better-developed and untested IP anomalies along the North and South extensions of the Leckie Fault. The drill program described above marks be the first time that the core area of the Strathy Gold Project will be systematically drilled. The Strathy Gold Project is located along the Trans Canada Highway, has excellent access to infrastructure and mining expertise.
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For more detailed information on the Project, including a technical review of the project and a detailed review of IP results and targeting, please visit www.solsticegold.com
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References:
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- OGS Assessment file No. 31M04SW0088
- Wabana Exploration Assessment Report, file No. 31M04SE2005
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About Solstice Gold Corp.
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Solstice is an exploration company with quality, district-scale gold projects in established mining regions of Canada. Our 41 km2 Strathy Gold Project hosts high grade gold mineralization over a wide area straddling two NE-SW-trending structures. It is located in the Abitibi Subprovince of the Superior Craton and has never been systematically explored in its history. Our Qaiqtuq Gold Project which covers 662 km2, hosts a 10 km2 high grade gold boulder field, is fully permitted and hosts multiple drill-ready targets. Qaiqtuq is located in Nunavut, only 26 km from Rankin Inlet and approximately 7 km from the Meliadine Gold Mine owned by Agnico Eagle Mines Limited. Our district-scale Atikokan Gold Project is approximately 26 km from the Hammond Reef Gold Project owned by Agnico Eagle Mines Limited. Our 194 km2 Red Lake Extension (RLX) and New Frontier projects are located at the northwestern extension of the prolific Red Lake Camp in Ontario and approximately 45 km from the Red Lake Mine Complex owned by Evolution Mining. An extensive gold and battery metal royalty and property portfolio of over 80 assets was purchased in October 2021. Well over $2.5 million in value and over 20 new royalties have been generated since the acquisition.
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Solstice is committed to responsible exploration and development in the communities in which we work. For more details on Solstice Gold, our exploration projects and details on our portfolio of projects please see our Corporate Presentation available at www.solsticegold.com.
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Solstice’s Chairman, David Adamson, was a co-award winner for the discovery of Battle North Gold Corporation’s Bateman Gold deposit and was instrumental in the acquisition of many of the district properties in the Battle North portfolio during his successful 16 years of exploration in the Red Lake.
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