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Solstice Minerals (ASX: SLS) has announced impressive high-grade gold assays from its emerging Edjudina Range discovery, with one-metre resampling confirming substantial gold structures in fresh rock, including intercepts of up to 20.90g/t gold.
Recent one-metre resampling of Reverse Circulation (RC) drilling at the Edjudina Range prospect has returned exceptional results that validate the site's potential as a significant Solstice Minerals new gold discovery. Key intercepts include:
These results are particularly significant as they confirm high-grade gold mineralisation in unoxidised bedrock, beneath the weathered zone where previous aircore drilling had identified widespread anomalous gold over a strike length exceeding 1km.
The company has completed seven RC holes to date at Edjudina Range over a 100m strike, with five of these holes returning intercepts above 1g/t gold – demonstrating the system's consistency and potential scale.
"While we have RC tested only a fraction of the >1km mineralised trend at Edjudina Range, the results to date clearly demonstrate the potential for commercial intercepts at this significant emerging gold discovery. It is particularly exciting to see high-grade bedrock gold in the system."
- Nick Castleden, Solstice Minerals' CEO and Managing Director
The gold mineralisation at Edjudina Range is associated with quartz veins, carbonate alteration and arsenic pathfinder anomalism in deformed rocks. Higher grades in fresh rock coincide with bleaching, silicification, and disseminated pyrite – typical characteristics of significant gold systems in Western Australia's Goldfields region.
This emerging Solstice Minerals new gold discovery sits within Solstice's regional-scale Yarri Gold Project and was completely unknown until late 2024, when reconnaissance aircore drilling beneath shallow transported cover first identified the anomalous trend.
| Drillhole | Type | Intercept | From |
|---|---|---|---|
| EDRRC003 | RC | 2m @ 11.10g/t Au (including 1m @ 20.90g/t Au) | 75m |
| EDRRC004 | RC | 3m @ 1.05g/t Au | 91m |
| EDRRC005 | RC | 1m @ 3.14g/t Au | 78m |
| EDRRC007 | RC | 2m @ 1.53g/t Au | 71m |
| 2m @ 5.79g/t Au (including 1m @ 10.87g/t Au) | 91m | ||
| EDRAC075 | Aircore | 3m @ 0.70g/t Au | 75m |
Solstice is maintaining exploration momentum at Edjudina Range with an additional 24 aircore holes recently completed. These holes are designed to:
The company is also awaiting one-metre resampling results from its Bluetooth prospect, located 24km along strike to the north, where previous drilling returned intercepts up to 32m @ 1.68g/t Au. The proximity of these prospects along the same structural trend suggests potential for a significant mineralised corridor.
Structural controls play a crucial role in the formation and concentration of gold deposits. These geological features influence where gold is deposited within rock formations and can significantly impact exploration success.
In the Western Australian goldfields, structural controls typically include:
Faults and shear zones: These are areas where rocks have been broken or deformed due to tectonic forces. They create pathways for gold-bearing fluids to travel through the earth's crust.
Folding: When rock layers are bent or curved due to pressure, creating areas of weakness where gold can concentrate.
Lithological contacts: The boundaries between different rock types often create favourable conditions for gold deposition.
At Edjudina Range, the gold mineralisation appears to be associated with these structural elements, with quartz veins, carbonate alteration, and arsenic pathfinder elements providing visible indicators of the mineralised system.
Solstice's recent aircore drilling is specifically targeting these structural orientations. By understanding the directional trends of the gold-bearing structures, future drilling can be more precisely targeted, increasing the likelihood of intersecting high-grade zones and efficiently expanding the Solstice Minerals new gold discovery.
Edjudina Range is just one component of Solstice's broader exploration portfolio in Western Australia's highly prospective goldfields. The company's Yarri Project encompasses over 1,600km² of exploration landholdings in close proximity to existing mining operations and infrastructure.
The infrastructure-rich area where Solstice operates means that even modest-scale gold mineralisation has commercialisation potential, as demonstrated by the company's $10 million sale of its Hobbes tenement in 2024.
Beyond the Yarri Project, Solstice also holds the advanced Nanadie Copper-Gold Project near Meekatharra, which hosts an Inferred Mineral Resource of 40.4Mt @ 0.4% copper and 0.1g/t gold (162kt copper and 130koz gold).
For investors, Solstice Minerals presents an opportunity at a time when gold prices remain near all-time highs. The company offers exposure to:
Near-term catalysts include:
With approximately $7 million in cash as of June 2025 and a market capitalisation around $30 million, Solstice is well-positioned to advance its exploration programs across multiple fronts while maintaining a strong balance sheet.
For gold investors seeking exposure to new discoveries in a tier-one mining jurisdiction, Solstice Minerals new gold discovery warrants close attention as it continues to develop its emerging gold systems.
Discover how Solstice Minerals is unveiling impressive high-grade gold structures at their Edjudina Range prospect, with intercepts of up to 20.90g/t gold in fresh rock. With a strategic portfolio of gold and copper assets across Western Australia's premier mining districts and $7 million in cash to fund ongoing exploration, Solstice offers compelling exposure to new discoveries in a tier-one jurisdiction. Visit Solstice Minerals' website to learn more about this emerging investment opportunity and stay updated on their latest exploration developments.