Solitario (XPL) Advances 2026 Ponderosa Drilling Program

Solitario Resources Corp. (NYSEAMERICAN:XPL) is one of the 7 Best Silver Mining Penny Stocks to Buy.

On June 17, 2026, Solitario Resources Corp. (NYSEAMERICAN:XPL) announced that its 2026 Ponderosa drilling program is well advanced at its 100%-owned Golden Crest gold project in South Dakota. Drilling began in the second half of May, and four core holes have been completed in the Ponderosa area. Core samples from the first two holes have been shipped to the assay lab, while samples from the next two holes are being prepared for shipment. Initial assay results are expected in early August.

Solitario also said preparations are nearly complete for the first-ever drilling at its 100%-owned Cat Creek critical metals project in south-central Colorado. Cat Creek is located within the Climax-Henderson-Questa molybdenum porphyry belt. The project was originally discovered by Anaconda Copper in the early 1980s, but planned drilling did not proceed after company-wide exploration activities were shut down in early 1983. The property was never drill tested.

Solitario (XPL) Advances 2026 Ponderosa Drilling Program

CEO Chris Herald said Solitario now has “two active drilling programs” with Ponderosa well advanced and Cat Creek drilling set to begin. The company is also advancing the drilling permit for its recently acquired Bright Angel copper-gold project in north-central Colorado. Solitario noted that all three active 100%-owned properties are located in the United States.

Solitario Resources Corp. (NYSEAMERICAN:XPL) engages in the acquisition and exploration of precious metal, zinc, and other base metal properties in North and South America.

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