Solaris Resources

SLSR

Market cap $1.27B

Solaris Resources released a positive pre-feasibility study for its flagship Warintza copper project in Ecuador, confirming robust project economics. SLSR's Warintza project boasts a 22-year mine life, high initial copper output, and low all-in sustaining costs, driving strong after-tax free cash flow and NPV. The company is financially strong, recently relocated to Switzerland for strategic flexibility, and is positioned as a prime takeover target in the copper sector.

HIGHLIGHTS OF THE PRESS RELEASE: Globally significant Mineral Resource with extensive mine life and first quartile cash costs driving significant Free Cash Flow (“FCF”) generation: Average annual copper equivalent (“CuEq”) production of over 300,000 tonnes in the first five years and over 240,000 tonnes during the first 15 years First quartile All-In Sustaining Cost (“AISC”) of US$0.85/lb of payable Cu for the first five years and US$1.07/lb of payable Cu during the first 15 years Post-tax net present value (“NPV”) (8%) of US$4,617M (pre-tax NPV 8 % of US$7,492M) and a post-tax internal rate of return (“IRR”) of 26% (pre-tax IRR of 34%) Average annual Earnings Before Interest, Taxes, Depreciation, and Amortization (“EBITDA”) of US$1.9bn for the first five years and US$1.4bn during the first 15 years Average annual post-tax Free Cash Flow (“FCF”) of US$1.3bn for the first five years and US$1.0bn over the first 15 years Initial capital costs (pre-production) of US$3.7bn (including 15.7% overall contingency) Attractive capital intensity of ~US$15,440/avg tpa-CuEq over the first 15 years 2.6 year post-tax payback period (1.9 year pre-tax payback) Maiden Mineral Reserve estimate of 1.3 billion tonnes (Proven and Probable) at 0.41% CuEq (0.31% Cu, 0.02% Mo, 0.04 g/t Au and 1.30 g/t Ag), providing a mine life of 22 years 2025 Mineral Resource Estimate (“MRE”) incorporates a 312% increase in Measured plus Indicated Mineral Resources, at a cut-off grade of 0.1% Cu and a net smelter return (“NSR”) cut-off value of US$6.30/t, compared with the published 2024 MRE Possibility of extending the mine life by a timeframe in the order of 25 to 30 years beyond the Mineral Reserves LOM average strip ratio of 0.53 to 1 (waste to ore) positions Warintza as one of the lowest strip ratio copper mines globally, underpinning a very favourable strip-adjusted grade Operational simplicity driven by conventional open pit mining methods operating at low elevation and using standard processing equipment Excellent access to infrastructure (water, power, roads, ports, etc.) Production of both a high-quality copper concentrate and a clean molybdenum concentrate, both products have non-material levels of deleterious elements Pre-Feasibility Study prepared in conjunction with highly experienced consultants Ausenco, Knight Piésold, and AMC QUITO, Ecuador, Nov. 06, 2025 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (“Solaris” or the “Company”) (TSX: SLS; NYSE: SLSR) is pleased to announce the results of a Pre-Feasibility Study (the “PFS”) with an updated Mineral Resource Estimate (“2025 MRE”) and maiden Mineral Reserves for its Warintza Project (“Warintza”, the “Project” or the “Warintza Project”), located in southeastern Ecuador.

The consensus price target hints at a 91.9% upside potential for Solaris Resources Inc. (SLSR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

HIGHLIGHTS: Landmark agreement signed with PSHA, completing formal partnerships with all Indigenous organisations surrounding the Warintza Project Pre-Feasibility Study advancing with positive momentum, incorporating updated Mineral Resource Estimate including Warintza West Final Technical EIA submitted and currently under government review, following positive engagement with the Ministry of Environment and Energy FPIC process expected to commence in the coming months, following successful site visit by government officials and community leaders QUITO, Ecuador, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (“Solaris” or the “Company”) (TSX: SLS; NYSE: SLSR) is pleased to announce the signing of a landmark agreement with the Pueblo Shuar Arutam organization (“PSHA”), marking a major milestone in the Company's social engagement efforts and reinforcing the strong momentum behind its flagship Warintza Project in southeastern Ecuador.

The consensus price target hints at a 100.9% upside potential for Solaris Resources Inc. (SLSR). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

HIGHLIGHTS: Non-dilutive US$200 million funding package from Royal Gold, comprising a gold stream and NSR royalty, US$100 million of which is available immediately The package provides the funding required to repay the Senior Debt facility and is expected to provide the necessary liquidity to fund all value accretive derisking activities through to a final investment decision Stream expected to represent a small percentage of the gold over the life of mine which, together with the modest NSR royalty, reinforces Warintza's position as a multi-generational tier 1 copper project following significant due diligence and financial commitment on accretive terms providing a robust reflection of the potential scale, economics and stage of development Stream termination provision contains no penalties under a change-of-control scenario, providing the Company flexibility to enhance shareholder value going forward Maintained strategic optionality around future project financing Funding package restricted to Warintza cluster thus retaining exposure to significant exploration upside potential with commercial optionality around high-priority targets within the Warintza district QUITO, Ecuador, May 21, 2025 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (“Solaris” or the “Company”) (TSX: SLS; NYSE: SLSR) is pleased to announce that it has entered into a US$200 million financing arrangement comprising a gold stream (“Stream”) and net smelter return royalty (“Royalty”) (collectively the “Financing Agreements”) with RGLD Gold AG ("Royal Gold"), a subsidiary of Royal Gold, Inc. following a competitive and comprehensive process during which the Company received numerous compelling and credible financing proposals from third parties. The Financing Agreements provide the Company with long-term liquidity required to fund all value accretive, derisking activities through to a final investment decision (“FID”), in addition to paying off the senior secured debt facility with Orion Mine Finance Management LP (the “Senior Debt facility”).

HIGHLIGHTS: Solaris completes significant drilling campaign at its flagship Warintza project 82,000 metres of infill drilling Updated Mineral Resource Estimate targeted for Q3 2025 Step-out field exploration activities are ongoing Technical approval of the Environmental Impact Assessment on target for mid-2025 Pre-Feasibility Study on target for publication in Q3 2025 Re-election of President Daniel Noboa provides political stability, reinforcing the supportive policy environment QUITO, Ecuador, April 22, 2025 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (“Solaris” or the “Company”) (TSX: SLS; NYSE: SLSR) is pleased to announce the completion of a significant drilling campaign at its flagship Warintza Project in southeastern Ecuador, alongside key developments that continue to strategically de-risk and enhance the value of this globally significant copper asset. Between January 2024 and February 2025, Solaris completed over 82,000 metres of infill drilling, positioning the Company to upgrade a substantial portion of Inferred Resources to the Measured and Indicated categories.

HIGHLIGHTS: Solaris has formed an Inter-Institutional working group with the Arutam Shuar People (“PSHA”), ratified through the signing of a Letter of Intent (“LOI”) The Company has formed an Inter-Institutional working group with the PSHA, together with our host communities of Warints and Yawi and the Ecuadorian State The PSHA and its Governing Council ratified this process through the signing of a LOI aimed at advancing dialogue in order to reach a future cooperation agreement Expanded Infill resource drilling programme at Warintza has been concluded An updated MRE, expected to be published mid-2025, will encompass over 80,000m of drilling The updated MRE will be included into the Pre-Feasibility Study, due to be released in Q3 2025 QUITO, Ecuador, March 04, 2025 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (“Solaris” or the “Company”) (TSX: SLS; NYSE: SLSR) is pleased to announce the formation of an Inter-Institutional working group together with the Pueblo Shuar Arutam organization (“PSHA”), our host communities of Warints and Yawi and the Ecuadorian State. As part of this, the PSHA and its Governing Council approved the signing of a LOI.

Here is how Solaris Resources Inc. (SLSR) and Vizsla Silver Corp. (VZLA) have performed compared to their sector so far this year.

QUITO, Ecuador, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) (“Solaris” or the “Company”) is pleased to announce the final steps to complete its emigration by year-end following the Company's previous announcement to position the Company to maximize returns for shareholders and protect the interests of stakeholders by aligning with regulators in Ecuador as Warintza completes the permitting process (see the Company's news release dated September 9, 2024).