Solaris Resources Inc
SLS.TO
Toronto Stock Exchange12.02
CAD
-0.34
- -
Solaris Resources Inc
SLS.TO
(Toronto Stock Exchange)
Recent
price
12.02
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.- Similar Companies
- Business
- Solaris Resources Inc. (TSX: SLS; NYSE: SLSR) is a Canada-based multi-asset exploration and development company focused on advancing copper and gold projects across the Americas. The company holds a world-class copper-molybdenum-gold porphyry deposit at its flagship Warintza Project in southeastern Ecuador's Morona Santiago province, encompassing nine mineral concessions covering 26,777 hectares with 1.3 billion tonnes of mineral reserves, a US$4.6 billion NPV, and first-quartile operating costs; a 60% interest in the La Verde joint-venture copper-molybdenum project in Michoacán State, Mexico, partnered with a Teck Resources subsidiary; early-stage exploration assets including the Tamarugo project in northern Chile and Capricho and Paco Orcco projects in Peru targeting copper, gold, molybdenum, lead, zinc, and silver deposits. Operations span Ecuador, Mexico, Chile, and Peru, targeting critical mineral supply for global markets in technology, construction, and energy transition sectors. Founded in 2018 and headquartered at Suite 555, 999 Canada Place, Vancouver, British Columbia, Canada V6C 3E1, with a principal office in Baar, Switzerland, the company emphasizes sustainable mining practices, community partnerships, and low-strip-ratio development models. In May 2025, Solaris secured a non-dilutive US$200 million financing package from Royal Gold, including a gold stream and net smelter return royalty providing US$100 million upfront to repay senior debt, fund the Pre-Feasibility Study expected in Q3 2025, advance permitting, early infrastructure, and district exploration over its 260 square kilometer land package; ongoing 2025 drilling exceeds 82,000 meters for an updated Mineral Resource Estimate in Q3 2025 ahead of Bankable Feasibility Study transition; recent announcements highlight Warintza's scale in a tightening copper market with epithermal gold/silver and porphyry copper discovery potential.
Rock Chips Just Hit 100 g/t Gold Next to a BHP-Drilled Copper System
Rock Chips Just Hit 100 g/t Gold Next to a BHP-Drilled Copper System
Supply-Demand Imbalance Reshapes Copper Exploration Landscape in South America
Solaris Secures EIA Technical Approval and Further Strengthens the Balance Sheet