ACCESS Newswire·Feb 26, 2026, 8:30 AM ET

Solitario Receives Positive USFS Decision Memo Approving its Ponderosa Drilling Plan of Operations

Solitario Resources Corp. received a Decision Memo from the U.S. Forest Service for its Ponderosa drilling program in South Dakota.
The memo confirms the completion of the NEPA process, allowing drilling to proceed in mid-May after incorporating specific design modifications.
The Ponderosa prospect contains the largest high-grade gold area found on the Golden Crest property, with surface samples over a 2.0 x 1.5 kilometer zone.
Approval was granted for 49 drill platforms as part of Phase-One of the 2026 program, which targets 5,000 meters of drilling.
The project involves collaboration with the South Dakota Department of Agriculture & Natural Resources to ensure compliance with state water quality regulations.
Solitario holds 100% ownership of the 31,500-acre Golden Crest project located near the historic Homestake-Wharf mining district.
The company also holds 100% interests in the Cat Creek & Bright Angel projects in Colorado, plus joint ventures in Alaska & Peru.
Solitario is traded on the NYSE American (XPL) & Toronto Stock Exchange (SLR) with a cash balance of approximately US$8.3 million.