Solaris exits Canada for Switzerland with new CEO, board and spin-out plans
The company changed its board of directors and plans to spin out non-core assets La Verde, Capricho, and Paco Orco into a new company.
Solid Resources Ltd. “SOLID” or the “Company” TSXV: SRW Frankfurt: YRS is pleased to provide assay results from an additional 4 holes drilled as part of the Phase 3 program that is currently underway at the Companys 100% owned Doade-Presqueiras rare metals project in North-western Spain, 25 km east of the port city of Pontevedra.
Hole S0-11-04, which was previously pending is now included. The results of hole S0-11-12 deserves special recognition for two reasons: firstly because results like this are the best to date in the northern section of the property known as the Presqueiras area. Secondly, these results come from a new extension of the mineralized zone, which were previously unknown, and now extend the drilling zone to a new area. The Company had intended to drill just this one hole in this area but with the assay data received, two additional holes are being drilled surrounding hole SO-11-12. The results of the 11.75 m of mineralized pegmatite are listed below, which include 1m grades of more than 2 kg per tonne of tin, more than 2% of Li2O and 183 ppm Ta2O5.
