Solitario Exploration & Royalty Corp.

Published : January 14th, 2015

Solitario Announces Mt. Hamilton Reclamation Permits Approved

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Solitario Announces Mt. Hamilton Reclamation Permits Approved

DENVER--(BUSINESS WIRE)--

Solitario Exploration & Royalty Corp. (“Solitario;” NYSE MKT:XPL; TSX:SLR) and Ely Gold & Minerals (“Ely Gold;” TSX.V: ELY) are pleased to announce that the Nevada Division of Environmental Protection (“NDEP”) has recently approved two key Reclamation Permits for the Mt. Hamilton gold project in Nevada. The two permits address the mining and processing elements of the project and are the final reclamation related permits for the project.

Chris Herald, President and CEO of Solitario, stated, “The permitting process for the Mt. Hamilton gold project is nearly complete. The last major Federal/State permit outstanding is the Air Quality Permit that is expected to be approved towards the end of the first quarter of this year. We would like to acknowledge all the stakeholders that have participated in this process, especially the diligent work of the State and Federal agencies that have consistently maintained a disciplined approach in their evaluation of our proposed mining related activities.”

Terms of the Mt. Hamilton LLC Joint Venture

Solitario and Ely Gold formed the Mt. Hamilton LLC (“MH-LLC”), a limited liability company which holds 100% of the Mt. Hamilton project assets under an Operating Agreement (“MH-Agreement”). Per the terms of the MH-Agreement, DHI-US, Ely Gold’s wholly owned US subsidiary, has a 20% interest in the MH-LLC and Solitario has an 80% interest.

About Solitario

Solitario is a precious and base metal exploration and royalty company. Solitario’s main focus is on permitting, financing and potentially constructing the Mt. Hamilton gold project in Nevada. Solitario controls an 80% interest in Mt. Hamilton. Besides Solitario’s interest in Mt. Hamilton, Solitario also has a joint venture with Votorantim Metais and its 51%-owned affiliate, Milpo Mining, on its Bongará high-grade zinc project and with Anglo Platinum on its Pedra Branca platinum-palladium project in Brazil. Additional information about Solitario is available at www.solitarioxr.com.

About Ely Gold

Ely Gold is focused on the acquisition and development of gold resources in Nevada, including its Green Springs property, 10 miles south of Mt. Hamilton. Ely Gold is traded on the TSX Venture Exchange ("ELY"). Additional information about Ely Gold is available online at www.elygoldandminerals.com.

This press release includes certain "Forward-Looking Statements" within the meaning of section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralization and reserves, exploration results and future plans and objectives of Solitario, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Completion and approval of all federal, state and local permitting activities is not assured. Legal challenges could materially delay or change currently planned operations, which may have an adverse effect on the Company. Development of Solitario’s properties are subject to the success of exploration, completion and implementation of an economically viable mining plan, obtaining the necessary permits and approvals from various regulatory authorities, compliance with operating parameters established by such authorities and political risks such as higher tax and royalty rates, foreign ownership controls and our ability to finance in countries that may become politically unstable. Important factors that could cause actual results to differ materially from Solitario’s expectations are disclosed under the heading "Risk Factors" and elsewhere in Solitario’s documents filed from time to time with Canadian Securities Commissions and the United States Securities and Exchange Commission.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Read the rest of the article at finance.yahoo.com
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Solitario Exploration & Royalty Corp.

EXPLORATION STAGE
CODE : SLR.TO
ISIN : US8342EP1070
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Solitario Exploration & Royalty is a gold and zinc development stage company based in United states of america.

Solitario Exploration & Royalty holds various exploration projects in Peru and in USA.

Its main exploration properties are PEDRA BRANCA and MERCURIO in Brazil, CHONTA, CHAMBARA, YANACOCHA and LA PROMESA in Peru, PACHUCA REAL in Mexico and MOUNT HAMILTON in USA.

Solitario Exploration & Royalty is listed in Canada and in United States of America. Its market capitalisation is CA$ 22.1 millions as of today (US$ 17.2 millions, € 15.2 millions).

Its stock quote reached its highest recent level on August 29, 1997 at CA$ 6.25, and its lowest recent point on March 20, 2020 at CA$ 0.22.

Solitario Exploration & Royalty has 38 690 000 shares outstanding.

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Financings of Solitario Exploration & Royalty Corp.
2/21/2014Commitments for $1,680,000 Private Placement
7/26/2013Closing of $2,059,589 Private Placement Including Insider Pu...
5/1/2013Closing of Private Placement to Acquire 5,131,150 Shares of ...
4/24/2013Private Placement with Ely Gold with Reduced Earn-in Payment
Project news of Solitario Exploration & Royalty Corp.
2/7/2014Zinc Uptrend Could Benefit Solitario Exploration
12/22/2010(Mount Hamilton)SOLITARIO AND ELY ENTER INTO DEFINITIVE JOINT VENTURE AGREEM...
1/12/2010(Bongarà)Major Expansion of Exploration & Development Activities on i...
1/7/2010(Pedra Branca)Drilling Results at Pedra Branca
1/29/2009(Bongarà)DRILLING RESULTS ON ITS BONGARÁ ZINC PROJECT, PERU
12/2/2008(Pedra Branca)ANNOUNCES ADDITIONAL MINERALIZATION INTERSECTED
3/13/2008(Pedra Branca)reported a major expansion in land holdings
9/20/2007Announces Significant Drilling Results
Corporate news of Solitario Exploration & Royalty Corp.
7/25/2016Solitario Exploration & Royalty Corp. Reports Results of Ann...
6/6/2016Solitario Purchases NSR Royalty on Prospective Properties in...
5/4/2016Solitario reports 1Q loss
8/25/2015Solitario and Ely Gold Close Transaction to Sell their Inter...
8/14/2015Solitario Exploration & Royalty Corp. Reports Results of Ann...
8/14/2015Solitario Reports Results of Annual Meeting of Shareholders
8/11/2015Solitario posts 2Q loss
4/2/2015Solitario Announces Milpo/Votorantim Have Earned a 61% Inter...
4/2/2015Solitario Announces Milpo / Votorantim Have Earned a 61% Int...
2/3/2015Solitario Options Its Norcan Copper Project in Mexico
1/14/2015Solitario Announces Mt. Hamilton Reclamation Permits Approve...
1/14/2015Solitario Announces Mt. Hamilton Reclamation Permits Approve...
11/19/2014Solitario Announces Milpo to Manage It's Bongará Zinc Operat...
11/19/2014Solitario Announces Milpo to Manage Its Bongará Zinc Operati...
10/20/2014Solitario Announces Updated Mt. Hamilton Feasibility Study; ...
10/20/2014Solitario Announces Updated Mt. Hamilton Feasibility Study
9/2/2014Solitario Completes Environmental Assessment Process on Its ...
5/29/2014Solitario Updates Activities on Its Pedra Branca and Pachuca...
4/23/2014Solitario Engages SRK Consulting to Complete an Initial NI 4...
4/17/2014Solitario Clarifies Technical Disclosures
12/3/2013Recent Transactions Bolster Solitario's Future Financial Pos...
11/21/2013Announces Sale of Shares of Ely Gold
10/1/2013Announces Resources Sensitivities to Gold Price for Its Mt. ...
9/19/2013Announces Resource and Metallurgy Update for Its Mt. Hamilto...
8/20/2013Intersects 10.7 Meters Grading 50.8% Zinc + Lead on itsBonga...
8/7/2013Announces High-Grade Drilling Results on its Bongará Zinc Pr...
10/26/2012NI 43-101 Technical Report Filed for its Mt. Hamilton Gold P...
7/19/2011CEO Chris Herald to Make Presentation in Denver, CO on July ...
5/19/2011News Release
4/13/2011News Release
2/18/2011News Release
11/19/2009Updates 2010 Exploration Plans
2/7/2009Revise Previously Issued Financial Statements
11/10/2008to Present at John Tumazos Very Independent Research, LLC Me...
7/25/2008Five Drills Now Operating on Solitario Projects
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