Solitaire Zinc Announces Publication of Golden Crest Environmental Assessment Project through U. S. Forest Service

DENVER, CO / ACCESSWIRE / May 11, 2023 / Solitaire Zinc Corp. (“Solitaire”) (NYSE American:XPL)(TSX:SLR) announces that Black Hills National Forest (“BHNF”), Northern Hills Ranger District (U. S. Forest Service) will be able to take advantage of the National Hills Forest Forest. USA) has published the proposed Environmental Assessment (“EA”) for exploration drilling at Solitario’s Golden Crest Exploration Drilling Project.

In BRNF EA’s announcement, the proposed allocation is described as follows: “This allocation includes up to 25 central drilling sites for gold mineralization, access road maintenance (as needed), and reclamation activities. A preparation domain would be used to purchase appliances and supplies. . Drilling sites are mainly situated at sites disturbed in the past along existing roads and trails. No new roads or trails are proposed. No mining, milling or processing is proposed as a component of the allocation.  »

The 30-day feedback era will end on June 8, 2023. EA assignment can be obtained upon request and online at: http://www. fs. usda. gov/assignment/?assignment=62590.

Chris Herald, President and CEO of Solitaire, said, “We are pleased that the U. S. Forest Service is not going to do so. The U. S. Department of Labor has completed the environmental assessment and the document is thorough in its investigation of our proposed drilling program. This is a vital step in obtaining drilling permits. “to verify this exciting new gold project. Solitario is committed to applying a “best practices” policy for all of its exploration activities on forest service lands. For example, all proposed drilling sites are located on existing forest roads or other logging-like surface disturbances. In this way, drilling sites eliminate new surface disturbances on public lands. “

Project description

The one hundred percent Solitaire homes in South Dakota collectively total more than 33,000 acres and are strategic land homes along the western and southwestern expanses of the Homestake-Wharf Mining District, which has produced approximately 52 million ounces of gold and comprises another 30 million ounces of ancient resources. The assignment domain is in a politically secure jurisdiction with a highly evolved infrastructure, an uninterrupted 145-year record of uninterrupted gold mining, a professional mining workforce, and a history of high-grade underground gold deposits.

About Solitaire

Solitaire is an herbal resource exploration company focused on high-quality tier 1 gold and zinc allocations. The company is indexed to NYSE American (“XPL”) and the Toronto Stock Exchange (“SLR”). In addition to its homes in South Dakota, Solitario has a 50% joint venture interest (Teck Resources 50%) in the Lik high-grade zinc deposit in Alaska and a 39% joint venture interest (Nexa Resources has the remaining 61%) in the Florida Canyon high-grade zinc deposit Allocation in Peru. Solitario goes into production through its joint venture agreement with Nexa. Solitaire’s control and managers own approximately 9. 2% (excluding options) of the Company’s 65 million notable shares. Solitaire’s money balance and marketable securities are approximately US$4. 8 million. More Facts about Solitaire can be found online at www. solitariozinc. com.

Solitario has a long history of commitment to environmental, social and culpable (“ESG”) governance of its business. We understand that ESG issues are also vital for investors, workers and all stakeholders, including the communities in which we work. We are committed to operating our business in a manner that supports environmental and social projects and culpable corporate governance. It is vital to note that we are joint venture partners who not only value the importance of ESG issues in conducting their business in our joint venture projects, but are industry leaders in this vital segment of our business.

For information, contact: Christopher E. HeraldPresident and CEO (303) 534-1030, extension 14

Cautionary Note Regarding Forward-Looking Information

This press release comprises forward-looking statements within the meaning of the US Securities Act of 1933 and the US Securities Replacement Act of 1934, and as explained in the Securities Litigation Reform Act. Private Sections of the US 1995 (and the equivalent under the Canadian Securities Act), which are intended to be covered through the safe harbor created through those sections. Forward-looking statements are statements that are not past facts. They are based on the Company’s control beliefs, estimates and reviews as of the date the statements are made and address activities, events or progressions that Solitaire expects or anticipates will or is likely to occur in the long term. expectations and assumptions. Forward-looking statements involve dangers and uncertainties. Accordingly, there can be no guarantee that such statements will prove to be accurate and that actual effects and long-term events may also differ materially from those expected in such statements. Solitaire’s Golden Ridge’s land position does not cover any ancient gold-generating zones or ancient untapped resources. Certain old data relating to gold exploration and production in the Black Hills region has been received from public and personal sources and is believed to be primarily false, but Solitario cannot guarantee the accuracy of such data. The life of the historical mines and resources adjacent to the Solitario land position does not necessarily help the life of the economic mineral deposits in the Solitario land position. These forward-looking statements include, but are not limited to, statements regarding the Company’s expectations regarding the timing and expected effects of engineering studies; expectations related to the receipt of all mandatory authorizations and approvals to put into effect a mining plan, if any, on any of its mineral properties. Material items that may also cause actual effects to differ materially from those set forth in the forward-looking statements include, among others, hazards relating to hazards that exploration and asset advancement efforts by Solitario and its joint venture partners are not successful; dangers similar to fluctuations in the prices of zinc, gold, lead and silver; the inherently harmful nature of mining-like activities; uncertainties related to reserve and resource estimates; the availability of outside contractors and other activities; uncertainties in obtaining approvals and authorizations from government regulatory authorities; the option for environmental legislation and regulations to supersede over time and become even more restrictive; and the availability and opportunity of capital to finance the Company’s exploration and progression activities, adding the uncertainty of being able to raise capital on favorable terms or not at all; dangers similar to the effects of Covid-19 or similar variants; and points discussed in Solitaire’s filings with the United States Securities and Exchange Commission (the “SEC”), aggregating Solitaire’s most recent Annual Report on Form 10-K and its other filings with the SEC (and Canadian documents), adding, without limitation, your maximum recent quarterly report on form 10-Q. The Company does not intend to publicly update any forward-looking statement, whether as a result of new data, long-term events or otherwise, unless required to do so by applicable securities law.

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