Solstice Minerals Strikes Gold at Bluetooth Prospect with Multiple Intercepts

Solstice Minerals Strikes Gold with Multiple Strong Intercepts at Bluetooth Gold Prospect

Solstice Minerals Limited (ASX: SLS) has announced compelling new drill results from its emerging Bluetooth Gold Prospect, with multiple thick, near-surface gold intercepts further expanding the mineralised footprint of this promising discovery.

Latest Drilling Delivers Strong Gold Hits at Shallow Depths

The Phase III Reverse Circulation (RC) drilling program at Bluetooth has yielded several significant new gold intercepts that strengthen the prospect's commercial potential. Notable results include:

• 32m @ 1.68g/t Au from 48m in BTHRC045
• 16m @ 1.49g/t Au from 41m in BTHRC036
• 12m @ 1.29g/t Au from 58m in BTHRC037
• 8m @ 1.44g/t Au from 40m in BTHRC043
• 8m @ 1.36g/t Au to end of hole from 88m in BTHRC039

These new results build upon previously reported strong intercepts from earlier drilling phases, including 29m @ 1.58g/t Au in BTHRC016, 20m @ 1.98g/t Au in BTHRC026, and 23m @ 1.38g/t Au in BTHRC032.

Importantly, all intercepts are interpreted to be close to true width, defining shallow east-dipping zones of oxide gold mineralisation over a strike length of at least 800 metres. The mineralisation also appears to broaden in a fold closure at the northern part of the prospect.

"Bluetooth keeps delivering significant intercepts, with the latest drilling defining more broad zones of shallowly dipping, near-surface oxide gold mineralisation. Importantly, we are also seeing signs of mineralisation extending into the underlying fresh rock profile," said Solstice's Chief Executive Officer and Managing Director, Nick Castleden.

Fresh Rock Potential Opens New Opportunities

A key development from this latest drilling program is evidence that the mineralisation extends below the oxide profile into fresh rock. BTHRC039 delivered 8m @ 1.36g/t Au ending in mineralisation in fresh rock material, suggesting significant potential for the system to continue at depth.

The intercept in BTHRC039 is particularly noteworthy as it was at the end of the hole, indicating that the mineralised system remains open at depth. This opens up potential for additional exploration targeting the fresh rock extensions of the known oxide mineralisation.

Favourable Geometry for Potential Open-Pit Mining

The geometry of the gold system at Bluetooth Gold Prospect appears favourable for potential open-pit extraction. The mineralisation is shallow, with consistent grades and widths that suggest good economic potential.

According to Castleden, "The overall geometry looks favourable for potential open pit extraction, so the next phase of work will continue to build on these oxide results and include further drilling to track zones of quartz veining into underlying fresh-rock positions."

The shallow east-dipping nature of the mineralisation potentially allows for an efficient stripping ratio in any future mining scenario, which could enhance the economic viability of the prospect.

Understanding the Bluetooth Gold System

What is an Archean Lode Gold System?

Bluetooth represents a typical Archean lode gold system in Western Australia's Eastern Goldfields. Archean lode gold systems are structurally controlled gold deposits formed during the Archean Era (approximately 4 to 2.5 billion years ago) and are responsible for a significant portion of global gold production.

These systems typically feature:

1. Structural Controls: Gold mineralisation follows specific structural features such as faults, shear zones, and folds
2. Hydrothermal Alteration: Surrounding rocks show evidence of fluid interaction that deposited gold
3. Quartz Veining: Gold is often associated with quartz veins that formed in structural openings
4. Sulphide Minerals: Pyrite and other sulphide minerals frequently accompany gold

At Bluetooth, the mineralisation is associated with oxidised folded chert, ironstone, and quartz veining over a strike length of at least 800 metres.

The geological setting is dominated by a low rise of grey and brown cherts and ironstone (after pyritic sedimentary rocks), with later-stage oblique quartz veins. Below the oxidation profile, the host horizon becomes pyritic, which is typical of many gold systems in the region.

The mineralised zones dip shallowly to the east and broaden in a fold closure toward the northern part of the prospect, creating potentially thicker zones of mineralisation.

Strategic Location in Infrastructure-Rich Region

The Bluetooth Gold Prospect is strategically located close to haul roads in an active and infrastructure-rich part of the Eastern Goldfields, where Solstice controls over 1,600km² of highly prospective geology.

This favourable location provides significant logistical advantages for any future development, with two operating mills within 100km of the project. The proximity to existing infrastructure could substantially reduce capital requirements for any future mining operation.

Multiple Active Projects Driving Shareholder Value

Solstice is advancing several promising projects simultaneously:

1. Bluetooth Gold Prospect: Further drilling planned to increase near-surface drill density and test for underlying fresh-rock mineralisation, leading to initial Mineral Resource Estimation work.

2. Edjudina Range: Located 24km along strike from Bluetooth, recent first-ever RC drilling returned 16m @ 1.10g/t Au, with results from a five-hole follow-up RC program expected shortly.

3. Nanadie Copper Gold Project: A maiden RC drilling campaign is set to commence at this strategic 100%-owned project, which already contains a Mineral Resource Estimate of 160,000t of copper and 130,000oz of gold.

"These are exciting times for the Company, with live gold prospects like Bluetooth and imminent RC drill results at Edjudina Range coming together in the heart of WA's Eastern Goldfields AND a maiden RC drilling campaign kicking off in the coming weeks at our 40Mt Nanadie Copper Gold Project in the Murchison," commented Castleden.

Strong Financial Position to Drive Exploration

With a cash position of approximately $15 million as of June 30, 2025, Solstice is well-funded to maintain an active exploration program across its portfolio of projects. This financial strength provides the flexibility to progress key prospects toward Mineral Resources while continuing to explore for new discoveries.

The company's strong treasury allows it to pursue multiple exploration targets simultaneously without the immediate need for additional capital raising, providing shareholders with exposure to multiple potential catalysts.

Why Investors Should Watch Solstice Minerals

Solstice Minerals presents a compelling investment case for resource investors:

1. Multiple Discovery Opportunities: With over 1,600km² of highly prospective ground in Western Australia's Eastern Goldfields, the company has multiple targets at various stages of advancement.

2. Near-Term Resource Potential: The consistent results from Bluetooth suggest the prospect could advance to a Mineral Resource in the near term.

3. Diversified Commodity Exposure: In addition to its gold prospects, the company's Nanadie Copper Gold Project provides exposure to copper, a metal critical for the energy transition.

4. Strong Treasury: With approximately $15 million in cash, the company is well-funded to advance its exploration programs without near-term dilution concerns.

5. Strategic Location: All projects are located in established mining districts with excellent infrastructure and access to processing facilities.

As Solstice continues to advance its portfolio of projects, particularly the promising Bluetooth Gold Prospect, investors have multiple potential catalysts to look forward to in the coming months, including further drill results from Bluetooth, Edjudina Range, and the maiden drilling at Nanadie.

The company's strategic approach of developing multiple projects simultaneously while maintaining a strong cash position positions it well to generate shareholder value through both resource definition and new discoveries.

Ready to Add Bluetooth Gold to Your Investment Portfolio?

Looking for a gold explorer with consistent drill results, a strategic position in Western Australia's Eastern Goldfields, and a strong $15 million treasury? Solstice Minerals (ASX: SLS) continues to deliver compelling intercepts at its Bluetooth Gold Prospect while advancing multiple projects across its 1,600km² landholding. For more information about Solstice's expanding gold footprint and their promising copper-gold assets, visit their website to review the latest investor presentations and project updates.