Solstice Field Work Supports 16km Extension of the Red Lake Gold Camp Drill Targets Developing for 2022 Exploration Program
Solstice Field Work Supports 16km Extension of the Red Lake Gold Camp
Drill Targets Developing for 2022 Exploration Program
VANCOUVER, British Columbia, March 14, 2022 - Solstice Gold Corp. (TSXV: SGC) (“Solstice”, “we”, “our” or the
“Company”) is pleased to announce results of airborne electroma gnetic (“EM”) surveys and soil sampling at our
RLX Gold Project (“RLX”), located in the northwestern extension of the prolific Red Lake Gold Camp (the “Camp”).
The 2021 field results have outlined four key target areas with gold in soil anomalies as well as geological,
geophysical, and geochemical settings that are consistent with other deposit areas in the Camp. The Company
plans to test these targets in 2022 starting with a 5,000 metre, permitted and fully funded drill program. Based on
a compilation of the new data, we have recently extended our land position f rom 5.5 km2 to 11 km2 with new
staking to secure additional prospective ground.
Summary of Results
• Combined EM, soil and geological data reveal approximately 16km of strike potential within a largely
unexplored extension of the Red Lake Gold Camp.
• Strongly elevated gold and spatially associated soil pathfinder elements combined with EM and structural
interpretations define numerous target areas in several settings.
• EM response within the project is widespread and variable with subdued conductivity in areas of elevated
soil geochemical responses. This may indicate alter ation of host conductive units by later processes
associated with mineralization. NE-trending conductors are present in several areas which correlate with
interpreted, and locally observed , NE-trending geological features which cut the regional NW trending
fabric. Areas of strong conductivity are present including some outside of known greenstone belts.
• NE-trending structures with an interpreted extensional component may provide support for the presence
of a major crustal fault (“E1”) as interpreted from seismic data1. In February 2021, the Ontario Geological
Survey (“OGS”) drew attention to regional seismic structures surfacing in the area of RLX noting that two
other similar structures are associated with important gold deposits in the Camp2.
Mike Timmins, Solstice’s Chief Executive Officer , stated, “Our goal in Red Lake is to make a discovery outside of
the traditional mine trend in areas of the Camp which are meaningfully underexplored. Last year’s fieldwork has
generated several exciting target areas which will now be drill tested systematically for the first time. We are
fortunate to be one of only a few groups with a significant land position, momentum building as we continue to
outline potential and an exciting exploration program about to begin . We look forward to releasing additional
detail on each of these prospective target areas in the coming weeks and prior to the commencement of drilling
in the spring.”
DETAILED REVIEW OF RESULTS OF TECHNICAL PROGRAMS
Background
As outlined in our news release dated January 10, 2022 , government and researchers , using seismic data have
pointed to the potential presence of major , crustal scale south-dipping normal or extension faults in the vicinity
of RLX denoted as E1 and E2 in the literature . In February 20212, the OGS drew attention to two other similar
features further south in the Camp that are associated with important gold deposits and /or mines. During 2021,
we carried out geological, soil (humus) sampling and magnetic/EM surveys. The integrated results of these
programs, detailed below, define numerous target areas over a combined 16km strike length.
David Adamson, Ph.D., Solstice’s Chairman, stated, “Our experience in Red Lake, including directly along strike
of RLX, gives us confidence that we control an essentially unexplored, extension of the prolific Red Lake Gold
Camp. Third party data suggest s major, deep-seated structures should be present in the area and we may be
seeing evidence for these locally. Systematic exploration at RLX, including geological mapping, magnetic, EM and
soil surveys, confirm the prospective setting for gold mineralization and the objective of our upcoming drill
program will be to confirm this. It should be noted that, further north, we also control the 11 km long New Frontier
property, where a second deep structure is inferred by the OGS and others. We will be carrying out field work in
this area in 2022 using experience gained from RLX.”
EM surveys outline extensive, variable conductivity and subsidiary NE-trending anomalies.
In November 2021, we carried out magnetic and EM surveys designed to support geological mapping over the
property due to limited surface rock exposure and to investigate the potential for mineralization associated with,
or near, conductive features. Our model is based on o ther gold occurrences in the district including the Sidace
Gold Deposit (Evolution Mining – 53.3% - Pacton Gold 46.7%), The PureGold Mine (Madsen) and other more recent
examples. In the Camp, conductive features themselves can be gold -bearing or can serve as markers to aid in
vectoring towards parallel or associated targets.
An example of the conductive response at 80 metres below surface, integrated with our structural modelling, is
provided in Figure 1 which shows the following:
• Regionally extensive conductors developed over a 16km strike length displaying variable conductivity and
interpreted to mark the widespread presence of Red Lake geology.
• Conspicuous NE-trending conductors are associated with NE-trending faults, e.g, South Target area (Figure
1). Faults in this area can be traced southwestwards to the Sidace Gold Deposit area. Many of the NE
structures are interpreted to be extensional and could be evidence supporting the regional E1 structure
interpreted by third parties from seismic data1,2.
• The conductive sequence lies adjacent to the regionally extensive Nungessor Shear Zone (“NSZ”), mapped
by the OGS. This feature, which can be traced northwards for at least 80km is also a candidate for the
surface expression of the seismically interpreted E1 feature although further north, on our New Frontier
project, the OGS interpret the NSZ as the second major seismic structure, E2 (News Release dated January
10, 2022).
Figure 1 shows historical diamond drill holes in the area ( Dome Exploration Canada – Placer Dome, 1980). These
holes were shallow and only sparsely sampled but out of twelve holes, two recorded elevated gold over narrow
widths (two intervals of 0.68g/t over 1.52m in hole B6 and 1.68g/t over 0.68m in hole B7 ). Four holes did not
adequately explain their geophysical target and one was sampled but did not report assays in filed assessment
work. Two drill holes reported sericite schist and/or skarn units whi ch are important hosts rocks at Sidace and
elsewhere in the Camp. As was the case in the Sidace area, which subsequently has seen more than 80,000 metres
of drilling, Placer Dome did not follow up on these early signs of prospectivity.
Figure 1. -80m conductivity slice of EM 3d voxel with fault interpretation on shadowed regional OGS magnetic base. Area
of new staking shown in yellow covering fault extensions. Nungessor Shear Zone from OGS mapping. Areas of potential
seismic structures shown as E1 and E2 on inset map.
Figure 2. Elevated Gold in soils (humus) plotted on the -80m conductivity slice with fault interpretation on
shadowed regional OGS magnetic base. Area of new staking shown in yellow covering fault extensions.
Soil Sampling outlines elevated gold and pathfinder elements in several areas.
In early summer 202 1, we carried out test humus soils sampling over selected parts of the property. This work
was successful in defining areas with anomalous gold plus specific pathfinder elements arsenic, molybdenum,
mercury, and antimony (News Release dated September 8, 2021). Based on these positive results, we expanded
soil sampling in late 202 1 to include other accessible parts of the property . Results for gold are summarized in
Figure 2 with further detail provided for three sub-areas in Figures 3 to 5.
Figure 3. Central Grid Ah (humus) gold -arsenic-molybdenum soils plotted on -80m conductivity slice fault interpretation on
shadowed regional OGS magnetic base (scale as in Figs 1 and 2). See text for further details.
Discussion of Soil Data
Three main areas of elevated gold and pathfinder elements are present in the Central, North and South grid areas
(see Figure 2). These are summarized below:
Central Grid – See Figure 3
• This is a 1.3km x 0.9km area containing elevated gold +/ - arsenic anomalies with flanking elevated
molybdenum. Other anomalous elements (not shown) include antimony and mercury.
• Numerous elevated gold samples in this area have values greater than the 95 th percentile of the data
(N=711). While it is not possible to directly compare th ese absolute values with other gold-bearing areas
outside of RLX, experience and third-party examples suggest that the 95th percentile value of >7.5ppb Au
is meaningful. Eight samples in this area contain >10ppb Au of which six have >15ppb (max = 19.2ppb Au).
Arsenic and molybdenum values in the central area range up to 30.3ppm and 1.78ppm, respectively.
Summary statistics for all elements described in this news release are presented in Table 1.
• Conductivity in the area, while present, is reduced in areas of elevated soils which may indicate alteration
of primary conductive units.
• Several E-NE-trending interpreted structures are visible in magnetic data in the vicinity of the elevated
soil data.
• The area lies immediately east of a “Sanukitoid” gabbro body mapped and sample by the OGS. This
intrusive rock type is diagnostic of a mantle derivation which suggests it tapped very deep structures and
as such is further supporting evidence for the presen ce of crustal scale faults in this area . East of the
elevated soil responses is an area of very elevated magnetic response of unknown origin.
Figure 4. North Grid Ah (humus) gold -arsenic-molybdenum data on -80m conductivity slice with fault interpretation on
shadowed regional OGS magnetic base. See text for further details.
Figure 5. South Grid Ah (humus) gold-arsenic-antimony-molybdenum soils on -80m conductivity slice of EM 3d voxel with
fault interpretation on shadowed regional OGS magnetic base. See text for details.
North Grid – See Figure 4
• This area shows t wo sub areas of gold -arsenic and, to its s outh, gold -arsenic-molybdenum anomal ies
which, collectively define a 1.7km x 0.9km area. Other anomalous pathfinder elements in this area include
antimony and mercury.
• The two areas referred to above are separated by a conspicuous NE-trending break in conductivity which
may correlate with a structure (fault).
• Notable soil samples in this area include gold, arsenic and antimony with maximum values of 19.7ppb,
48.6ppm and 24.6ppm, respectively. See Table 1 for complete summary statistics.
• Sampling does not extend to the northwest and where conductivity data suggest the geological trend
continues.
South Grid – See Figure 5
• This area of soils is marked by conspicuous NE -SW trending conductors which correlate with regional -
scale magnetic features interpreted as normal (extensional) faults. Unlike the rest of the property, this is
an area where a minor amount of outcrop exists and where NE-trending foliations are mapped defining a
NE-SW-trending F2 fold axis, oriented approximately 90 degrees to regional NW-trending (F1) structures.
• Multi-element soil anomalies are present in this area but are not as strong as in the central and north
target areas. However, 3D EM data suggest that near surface conductivity is low and that the EM
conductor in this area improves with depth. It is possible therefore that this area is exhibiting a muted soil
near surface response as a result.
There are other areas of elevated gold in soils not reviewed here and extensive parts of the property could not be
sampled due to lack of available humus or access issues. One notable example is the strong area of conductivity
in the NE area (Figure 1) which has only limited access for soil sampling, but remains a key target area.
Summary
1) Taken together, soils, EM and structural interpretations define numerous target areas. Gold in soils are
typically associated with other pathfinders which would be predicted by our exploration model (e.g.,
arsenic, molybdenum, antimony, mercury).
2) EM responses across the project are varied. Often, but not always, EM is reduced in areas of anomalous
soils compared to areas along strike which may indicate secondary alteration of host conductive units by
later processes. Several areas display NE-trending conductors which are correlated with interpreted and
locally mapped NE-trending geological features.
3) NE-trending structures are interpreted to have an extensional component and may provide support for
the presence of extensional features associated with the major E1 extensional structure identified from
seismic data2
Table 1. Summary statistics of selected elements
Statistic Au ppb As ppm Mo ppm Ag ppm Sb ppm Hg ppm
Nbr. of observations 711 711 711 711 711.00 711
Minimum 0.00 0.05 0.04 0.005 0.01 1
Maximum 19.70 48.60 5.22 0.975 24.60 420
1st Quartile 1.20 3.60 0.24 0.036 0.10 80
Median 2.00 5.30 0.36 0.066 0.17 120
3rd Quartile 3.30 7.80 0.51 0.127 0.29 190
Mean 2.66 6.28 0.46 0.098 0.25 135
Variance (n-1) 6.43 18.71 0.22 0.010 0.87 6197
Standard deviation (n-1) 2.53 4.33 0.47 0.102 0.93 79