Solaris Resources Inc. announces Pre-Feasibility Study results for the Warintza Project in Ecuador. The project has globally significant mineral resources, with an average annual copper production of over 300,000 tonnes in the first five years and over 240,000 tonnes during the first 15 years. The study reveals attractive financial metrics, including a post-tax net present value of US$4,617M and post-tax internal rate of return of 26%.

The Warintza Project is positioned as one of the most compelling copper development assets globally, boasting a mine life of over 20 years with potential for extension. The project will produce both high-quality copper and molybdenum concentrates, contributing to significant annual production of by-products including molybdenum, gold, and silver. Operational simplicity is ensured through conventional open-pit mining methods and standard processing equipment.

Solaris Resources has secured strong community support and formal agreements with Indigenous communities, setting a foundation for inclusive resource development. The project benefits from excellent infrastructure access, including water, power, roads, and ports, in Ecuador. A strong social and environmental foundation underpins the project’s robust economics, with a focus on responsible mining practices and long-term value creation for stakeholders.

The project has an estimated maiden Mineral Reserve of 1.3 billion tonnes at a grade of 0.41% CuEq, supporting a 22-year mine life. A comprehensive sensitivity analysis has been conducted to assess key variables’ impact on project economics, with the NPV being most sensitive to changes in copper prices. Solaris Resources remains committed to environmentally responsible mining practices and community engagement, ensuring sustainable development in the region.

Read more at GlobeNewswire.: Solaris Publishes Positive Pre-Feasibility Study Results