Solaris Resources Inc. engages in acquisition, exploration, and development of mineral properties. It focuses on exploring copper, molybdenum, gold, lead, zinc, and silver. The company's flagship project is the 100% owned Warintza Copper and Gold Project comprising eight metallic mineral concessions, which covers an area of 268 km2 located in Ecuador. The company was formerly known as Solaris Copper Inc. and changed its name to Solaris Resources Inc. in December 2019. The company was incorporated in 2018 and is based in Vancouver, Canada.

Solaris Resources Inc.

Solaris Resources is engaged in copper and gold exploration and development in the Americas. It focuses on resource growth and discovery at its mining projects.

Solaris Resources

Solaris Resources Inc. | 6,962 followers on LinkedIn. Copper Growth and Discovery in the Americas | Solaris is advancing a portfolio of copper and gold assets in the Americas, which includes a world class copper resource with expansion and discovery potential at its Warintza Project in Ecuador; a series of grass roots exploration projects with discovery potential in Peru and Chile; and significant leverage to increasing copper prices through its 60% interest in the La Verde joint-venture project with a subsidiary of Teck Resources in Mexico. Solaris Resources trades the Toronto Stock Exchange under the trading symbol “SLS” and on the NYSE American under the symbol “SLSR”.

Vice President, Investor Relations at Solaris Resources Inc.

Jacqueline Wagenaar, CPIR

Tax and Business Advisory Partner at Walsh King CPA,

Ron Walsh

Vice President Exploration at Solaris Resources Inc.

Jorge Fierro

Chief Financial Officer | Corporate Director

Sunny Lowe

$ SLS.TO $SLSR provides #Warintza Project update on technical programs, early works infrastructure and assay results from its 2024 drilling program, now set to exceed 75km! #copper #Ecuador https://bit.ly/3CxqJji

Positive reception expected to $ SLS.TO $SLSR drill results today showing #Warintza improving grade profile and pit expansion potential outside 2024 MRE!

$ SLS.TO $SLSR New #Warintza Assay Results! -Drilling continues to build on the 2024 MRE with high-grade mineralization outside of the MRE in the NW and SE sectors -Some of these holes also significantly improve upon modelled grades in sparsely drilled areas -New monthly drilling record of 10km (8 rigs) in August https://bit.ly/4dk57UA

$ SLS.TO $SLSR Identifies Additional Veins as Celestina Epithermal Target Takes Shape East of #Warintza Cluster; Reports 16,019 g/t Silver and 25.3 g/t Gold in Follow-Up Sampling! #Ecuador https://bit.ly/47hMq2l

$ SLS.TO $SLSR Submits Environmental Impact Assessment for Construction of #Warintza and Announces Initial Steps to Emigrate to #Ecuador to align with stakeholders! https://bit.ly/3Tj9rwa

SLS.TO $SLSR latest intercepts imply higher-grade lateral extensions of the pit to the northwest while also further lowering the strip ratio! #Warintza is one of the best #copper development projects given its scale, grade, low strip, low elevation, and access to infrastructure in #Ecuador

$ SLS.TO $SLSR #Warintza Drill Results! https://bit.ly/4fJLoQs #Ecuador -Ongoing 60,000m, 8-rig program -Drilling extends near surface, high-grade mineralization to the N, NW and SE of MRE -Focused on open lateral extensions, primarily to the NW, SW and SE, and infill drilling -Constructed a series of step-out platforms to the NW, with drilling underway, to test the potential of a large anomaly and the connection to #Warintza West and Central -Complementary district exploration efforts are underway with results expected soon at Celestina

New U.S. initiation report from H.C. Wainwright! Buy Rating, US$10 Target Price $SLSR $ SLS.TO

$ SLS.TO $SLSR completes joint socialization programs with government entities and local communities to support the initial exploration activities of its district exploration programs at #Warintza ! -Geotechnical drilling has now commenced in the Caya-Mateo target to aid in targeting efforts and subsequent discovery drilling -Field work continues in the emerging Celestina epithermal gold/silver area (prior sampling returned up to 11,570 g/t Ag and 12.3 g/t Au across 30cm of breccia outcrop), with the next batch of results expected soon https://bit.ly/4frxEJX

Mr. Arun Lamba appointed as Vice President, Corporate Development, bringing nearly 15 years of experience in financial services and capital markets covering the mining sector! His expertise in project, market and transaction analysis will support our immediate efforts to explore opportunities to create value for shareholders around #Warintza and our portfolio. $ SLS.TO $SLSR #Ecuador Welcome to the team Arun! https://bit.ly/3LFQn6X

	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue
cost of revenue
gross profit
selling and marketing expenses	47K -	214K 355.32%	147K 31.31%	624K 324.49%	647K 3.69%	30.95K 95.22%
general and administrative expenses	503K -	1.29M 156.06%	3.67M 185.09%	8.88M 141.72%	8.17M 7.97%	10.22K 99.87%
selling general and administrative expenses	550K -	1.50M 173.09%	3.82M 154.26%	9.50M 148.76%	8.82M 7.20%	41.17K 99.53%
research and development expenses
other expenses	11K -	3.93M 35,627.27%	15.52M 294.91%	49.85M 221.20%	51.49M 3.29%
cost and expenses	3.00M -	5.43M 81.19%	19.34M 256.02%	59.35M 206.89%	60.31M 1.61%	41.59K 99.93%
operating expenses	3.00M -	5.43M 81.19%	19.34M 256.02%	59.35M 206.89%	60.31M 1.61%	41.59K 99.93%
interest expense					-1.59M -
ebitda	-3.92M -	-9.61M 145.48%	-12.56M 30.64%	-60.47M 381.54%	-60.90M 0.71%	-40.42K 99.93%
operating income	-3.00M -	-5.43M 81.19%	-19.34M 256.02%	-59.35M 206.89%	-60.31M 1.61%	-41.42K 99.93%
depreciation and amortization	6K -	-4.18M 69,783.33%	6.78M 262.19%	-1.12M 116.55%	-594K 47.06%	1.00K 100.17%
total other income expenses net	935K -	4.43M 373.69%	-6.65M 250.19%	2.49M 137.48%	1.59M 36.14%	339 99.98%
income before tax	-2.06M -	-1.00M 51.38%	-25.99M 2,491.33%	-56.86M 118.76%	-58.72M 3.27%	-41.08K 99.93%
income tax expense	935K -	-4.29M 558.40%	6.55M 252.89%	-1.99M 130.35%	-3.03M 52.24%	-75 100.00%
net income	-2.02M -	3.28M 262.52%	-32.54M 1,091.29%	-54.87M 68.60%	-55.69M 1.49%	-41.01K 99.93%
weighted average shs out	88.38M -	88.38M 0%	77.40M 12.42%	107.59M 39.00%	113.60M 5.59%	142.12K 99.87%
weighted average shs out dil	88.38M -	88.38M 0%	77.40M 12.42%	107.59M 39.00%	113.60M 5.59%	142.12K 99.87%
eps	-0.02 -	0.04 262.01%	-0.42 1,232.08%	-0.51 21.43%	-0.49 3.92%	-0.29 40.82%
epsdiluted	-0.02 -	0.04 262.01%	-0.42 1,232.08%	-0.51 21.43%	-0.49 3.92%	-0.29 40.82%

COM:SOLARISRESOURCES

Solaris Resources

Last Close

4.23

22/11 21:00

Market Cap

594.27M

Beta: -

Volume Today

698.43K

Avg: -

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