Solitario Resources Corp. Overview
Pro stress-test →Solitario Resources Corp. is a natural resource exploration company focused on high-quality Tier-1 gold and zinc exploration projects, acquiring exploration mineral properties and advancing deposits either independently or through joint ventures up to the development stage. The company operates a diverse portfolio spanning North America with flagship assets in Colorado, South Dakota, Alaska, and Peru.
Strategic Profile
Pro stress-test →Newmont Corporation holds a 9.3% stake in the company, and management/directors hold approximately 8.0% of 92.1 million shares outstanding. Solitario has a 50% joint venture interest in the high-grade Lik zinc deposit in Alaska with Teck Resources, and a 39% interest in the Florida Canyon zinc project in Peru with Nexa Resources, with both representing advanced exploration projects with over $110 million collectively invested, with Solitario carried to production on Florida Canyon.
Competitive Landscape
Pro stress-test →Solitario competes in the junior precious metal and base metal exploration space across North and South America. Key competitors include other junior explorers like Pan American Silver and Fortuna Silver, as well as mid-tier producers Endeavour Silver and Coeur d'Alene Mines in zinc and polymetallic exploration.
Industry Context
Solitario Resources Corp. operates in Precious Metals and Base Metals Exploration & Development.
Key facts
Headquarters: Denver, Colorado, United States