Solitario Resources Gains Approval for Ponderosa Drilling

Solitario Resources Corp. has received approval from the U.S. Forest Service for its Ponderosa drilling project in South Dakota. The approval, documented in a Decision Memo, marks the completion of the NEPA process. Solitario is required to integrate additional design features into its Plan before beginning drilling operations in mid-May.

The Ponderosa site exhibits a significant high-grade gold area, with drill approval granted for forty-nine platforms. The company's initial 2026 drilling phase aims for 5,000 meters, with potential expansion if early results are promising. The project has undergone comprehensive environmental and stakeholder evaluations.

Solitario emphasizes its commitment to environmental protection and community safety, conforming to both U.S. Forest Service and state regulations. The company highlights its ongoing efforts to execute operations responsibly.