Solstice Minerals Uncovers Multiple Shallow Gold Intercepts at Bluetooth Prospect

Solstice Strikes Gold: Multiple Strong, Shallow Intercepts Expand Bluetooth Prospect

Solstice Minerals (ASX: SLS) has announced significant new gold intercepts from its Phase II Reverse Circulation (RC) drilling program at the Bluetooth Gold Prospect in Western Australia, reinforcing the commercial potential of this extensive, outcropping gold system.

Impressive Near-Surface Gold Results Highlight Resource Potential

The latest drill program has delivered multiple thick, high-grade gold intercepts at shallow depths, including:

• 20m @ 2.18g/t Au from 28m in BTHRC026
• 20m @ 2.01g/t Au from 20m in BTHRC032, including 4m @ 6.18g/t Au from 28m
• 16m @ 2.13g/t Au from 48m in BTHRC027
• 20m @ 1.19g/t Au from 48m in BTHRC033
• 16m @ 1.46g/t Au from 20m in BTHRC025

These impressive results build upon the company's previous drilling success at Bluetooth, which included intercepts of 29m @ 1.58g/t Au and 12m @ 2.86g/t Au.

"Bluetooth is quickly taking shape, with the latest drilling campaign further defining consistent broad zones of shallowly dipping near-surface oxide gold mineralisation," said Solstice CEO and Managing Director Nick Castleden. "The geometry looks favourable for potential open pit extraction, so we are now planning further drilling to test down plunge on the fold to the north, repeat structures as well as specific tests for underlying fresh-rock mineralisation."

Growing Gold System with Strategic Location

The drill results define shallow east-dipping zones of gold mineralisation over at least 800m of strike, with all intercepts interpreted to be close to true width. The mineralisation is broadening towards a fold closure at the northern part of the prospect, offering excellent potential for resource growth.

Importantly, the Solstice Minerals Bluetooth Prospect is located in the active and infrastructure-rich Yarri Project area of the Eastern Goldfields, where Solstice controls over 1,650km² of highly prospective geology. The project is well-positioned with nearby haul roads and operating mills within 100km, enhancing the potential economics of any future development.

Understanding Fold-Controlled Gold Mineralisation

Gold mineralisation at Bluetooth is associated with oxidised folded chert, ironstone, and quartz veining. This geological setting is particularly advantageous because folding can create thickened zones of mineralisation, especially at fold hinges.

Folding in gold systems often creates structural traps where mineralising fluids can accumulate, leading to higher-grade zones. The east-dipping nature of the mineralisation at Bluetooth, combined with the shallow depths, suggests favourable geometry for potential open-pit mining, which typically has lower development costs than underground operations.

How Fold Structures Influence Gold Deposits

Fold structures in gold systems are important geological features that can significantly influence the distribution, thickness, and grade of gold mineralisation. When geological layers fold, they create areas of structural complexity that can serve as ideal hosts for gold deposition.

Key aspects of fold-controlled mineralisation include:

1. Structural Traps: Fold hinges and axial planes often act as traps for mineralising fluids, creating zones of enhanced gold deposition.

2. Increased Permeability: During folding, rocks can develop fractures and microfractures that increase permeability, allowing mineralising fluids to flow more easily through the rock.

3. Thickening Zones: In fold hinges, the mineralised horizon can be thickened due to the geometric effect of folding, potentially creating zones of concentrated mineralisation.

4. Predictable Geometry: Fold structures often follow predictable geometric patterns, which can assist in exploration targeting and resource modelling.

At Bluetooth, the east-dipping mineralisation appears to be broadening towards a fold closure at the northern part of the prospect. This structural setting may indicate a favourable environment for increased gold accumulation, making it a priority target for further exploration.

Part of a Larger Gold Corridor

The Bluetooth Prospect is part of a significant gold corridor that includes Solstice's recently announced Edjudina Range gold discovery (where first-ever RC drilling returned 20m @ 1.02g/t Au) and the Statesman Well Gold Prospect. These three prospects align along the same litho-structural trend, highlighting the regional potential of Solstice's land package.

Well-Funded for Aggressive Exploration

With a strong cash position of $13.6 million as of March 2025, Solstice is well-funded to maintain aggressive exploration across its portfolio. The company is already preparing for immediate further drilling at Bluetooth and follow-up RC drilling at the Edjudina Range gold discovery.

Why Investors Should Follow Solstice Minerals

Solstice offers compelling investment exposure to gold discovery and development potential in Australia's most prolific gold province. Key reasons for investors to track this emerging story include:

1. Multiple Advancing Gold Prospects: With three active gold prospects (Bluetooth, Edjudina Range, and Statesman Well) all showing promising results.

2. Strategic Land Position: Controlling 1,650km² in the infrastructure-rich Eastern Goldfields, where even modest-scale gold discoveries can be commercialised.

3. Near-Surface Mineralisation: Shallow oxide gold mineralisation typically means lower mining costs and simpler processing requirements.

4. Strong Cash Position: $13.6M in cash provides runway for extensive exploration without near-term dilution concerns.

5. Diversified Portfolio: Beyond gold, the company holds the Nanadie Copper-Gold Project with an existing resource of 162kt copper and 130koz gold, providing commodity diversification.

6. Proven Value Creation: Demonstrated ability to monetise assets, as evidenced by the $10M sale of the Hobbes tenement in 2024.

With ongoing drilling activities and a steady pipeline of results expected throughout 2025, Solstice Minerals is positioning itself as one of the more active and promising junior explorers in Western Australia's goldfields.

Looking to Add Gold Exposure to Your Portfolio?

Discover why Solstice Minerals represents a compelling investment opportunity with multiple advancing gold prospects, shallow mineralisation, and a strong $13.6 million cash position. For investors seeking exposure to Australia's most prolific gold province, visit Solstice Minerals' website to learn more about their expanding Bluetooth gold discovery and diversified project portfolio.