| Announcement Date: | 2022-05-30 |
|---|---|
| Announcement Type: | Deposit Estimation |
| Announcement Code: | NI43-101 |
| Company name: | Solaris Resources Inc. |
| Project name: | Warintza |
| Location: | Ecuador |
| Commodities: | Gold,Copper,Molybdenum |
| Highlight: | Updated Resource Estimate for Project |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | The purpose of this report is to disclose an updated mineral resource estimate (“MRE” or the “Resource”) for the Warintza Project (“Warintza” or the “Project”) located in southeastern Ecuador and owned by Solaris Resources Inc. (“Solaris” or the “Company”). Mario E. Rossi, FAusIMM, SME, IAMG, Principal Geostatistician of Geosystems International Inc. (“GSI”), prepared this technical report (the “Report”). Mr. Rossi is a Qualified Person (“QP”) pursuant to National Instrument 43‐101 (“NI 43‐101”) and is independent of Solaris Resources under Section 1.5 of NI 43‐101. Mr. Rossi has over 30 years of experience in mining and geostatistics, mineral resource and reserves estimation, audits, and reviews in over 100 mining projects at various stages of development and operation. GSI is an independent, international mining consulting practice offering services specializing in porphyry deposits from exploration through feasibility, mine planning, and production. This Report has an effective date of April 1, 2022. All information and assumptions discussed in this Report were determined as of the effective date. In Section 1, tables and production statistics are reported in metric units. All prices and costs used in this Report are based on US Dollars (USD). |
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