Solstice Confirms Extension of Mineralisation with New Diamond Hole at Nanadie Project

Why It Matters

The drill results suggest a significantly larger copper‑gold system, potentially boosting Solstice’s resource base and reinforcing its position in a market driven by rising demand for strategic metals. Expanding the resource could attract additional capital and accelerate project development timelines.

Key Takeaways

• New diamond hole drilled 60 m west, 180 m deeper.
• Visible chalcopyrite zones extend 500 m below current MRE.
• Phase 2 RC program has completed eight of 10,000 m holes.
• Inferred MRE: 40.4 Mt @ 0.4% Cu, 0.1 g/t Au.
• Project supports growing demand for copper and gold.

Pulse Analysis

The latest drilling at Nanadie underscores the importance of deep‑targeted exploration in Western Australia’s prolific copper‑gold belt. By extending mineralisation well beyond the previously defined resource envelope, Solstice gains a clearer picture of the vertical continuity that can support higher‑grade stopes and more efficient mine planning. The presence of disseminated and veinlet chalcopyrite at depths approaching 800 m also reduces geological risk, as it confirms the system’s robustness across both strike and dip.

Copper and gold remain cornerstone commodities for the global transition to clean energy and for portfolio diversification, respectively. Copper demand is projected to outpace supply as electric vehicles, renewable‑energy infrastructure, and grid upgrades scale up, while gold continues to serve as a hedge against inflation and geopolitical uncertainty. Nanadie’s inferred 162,000 tonnes of copper and 130,000 ounces of gold position the project as a strategic asset that can contribute to meeting these macro‑level trends, especially given its proximity to existing logistics corridors in central WA.

Solstice’s concurrent 10,000‑metre Phase 2 RC campaign, already eight holes deep, is designed to delineate the expanded resource and identify pre‑collar zones for future diamond tails. Successful assay results could trigger a resource upgrade, potentially unlocking further financing and partnership opportunities. Investors are likely to watch the upcoming assay window closely, as a positive outcome would not only validate the drill program’s geological model but also enhance Solstice’s credibility in a competitive exploration landscape.