Solitario Exploration & Royalty (TSE:SLR) said today that its drilling results at its Bongará zinc joint venture project in Peru were “outstanding”.
During the last five trading days, Solatario has gained 7.41% and is currently trading at $1.45.
Drill hole highlights were the following:
Solitario’s 2011 exploration program was funded and managed by Solitario’s joint venture partner, Votorantim Metais. Votorantim Metais can earn up to a 70% interest in the project by committing to place the project into production based upon a positive feasibility study.
Solitario is a gold, silver, platinum-palladium, and base metal exploration and royalty company exploring in Brazil, Mexico and Peru.