Solaris Resources

Advances Warintza, a copper-molybdenum porphyry project in southeastern Ecuador, from exploration through feasibility and permitting. The pre-feasibility plan uses an open pit and flotation concentrator to produce copper concentrate with gold and silver, plus molybdenum concentrate. Warintza is the only material mineral project, and there is no producing mine or operating revenue.

Maintains La Verde in Mexico, Tamarugo in Chile, and the Capricho and Paco Orco earn-in interests in Peru, plus an option over adjoining Ecuadorian concessions. Funding supports acquisition, exploration, studies, permitting and development rather than mine cash flow. An impact and benefits agreement with the Warints and Yawi communities supplies surface-access and use rights for Warintza.

Advancement depends on environmental licensing, government-led consultation, exploitation approvals, long-duration capital and the community relationship. Future Warintza output is partly subject to copper and molybdenum offtakes, a gold stream and royalties.