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Solitario Resources Corp. (SLR.TO) (AMEX: XPL) Makes Minerals Part of Their Diet

Solitario Resources Corp. knows the value of minerals for health – corporate health that is, which is why they boldly go into new terrains to find them. Headquartered in Wheat Ridge, Colorado, Solitario trades on the Toronto Stock Exchange and the American Stock Exchange as part of the mining sector. They have a market capitalization of 148.6M

Their mission is “Pioneering Mineral Exploration throughout the Americas”. Solitario is an exploration stage mining company that conducts their explorations in emerging geologic landscapes in Latin America. Their focus is on establishing major new land positions in this region, primarily for sale or joint venture.

Solitario has never developed a mineral property. Their business is all about the acquisition and exploration of mineral properties. They also do not see themselves developing any property they own on their own. They will do it with other companies, however. They currently have joint venture projects going on with Newmont Mining, Anglo Platinum, and Votorantim Metais, all major mineral producers.

The company has a diversified asset portfolio, from gold in Brazil to zinc in Peru. The Bongara zinc project in northern Peru is their most advanced exploration property. This partnership with Votorantim Metais connects them with Latin America’s largest primary zinc producer. Solitario believes this cooperative relationship will advance this zinc project from feasibility status to production status.

Solitario is also involved in a joint venture project in Bolivia; the Triunfo Polymetallic/Silver Project. This is a gold, silver, lead, and zinc, exploration project located just east of the capital La Paz. These aggressive acquisition and exploration efforts make Solitario on the cutting edge of mineral exploration. They know these minerals are the prescription for financial health and long-term productivity.

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