Solitario Resources Corp. Common Stock
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Solitario Resources Corp. Common Stock (XPL) is an exploration stage mining company based in Wheat Ridge, Colorado. Incorporated in 1984, it focuses on acquiring and exploring properties that may contain precious metals, zinc, and other base metals across North and South America, including projects targeting gold deposits. The company was formerly known as Solitario Zinc Corp. and adopted its current name in July 2023.
The company holds interests in several exploration projects. It owns a full interest in the Golden Crest gold project, which covers about 33,000 acres of mining claims in Lawrence County in western South Dakota. In Peru, it holds an 85 percent interest in the Chambara project, made up of 12 concessions spanning roughly 9,880 hectares. It also owns full interests in the Cat Creek project in south-central Colorado and the Bright Angel gold-copper project in north-central Colorado.
As an exploration stage business, Solitario Resources is focused on evaluating and advancing these properties rather than mining and selling metals from active operations. Its work involves acquiring claims and concessions and exploring them to determine whether they hold economically meaningful deposits of gold, copper, zinc, or other metals. Because it operates at the exploration phase, the company's prospects depend on the results of this work and its ability to develop or partner on promising sites. Solitario Resources Corp. concentrates its portfolio across the United States and Peru, spreading its activity over multiple precious and base metal targets.