Highlights include:

Landmark agreement signed with PSHA, completing formal partnerships with all Indigenous organisations surrounding the Warintza Project
Pre-Feasibility Study advancing with positive momentum, incorporating updated Mineral Resource Estimate including Warintza West
Final Technical EIA submitted and currently under government review, following positive engagement with the Ministry of Environment and Energy
FPIC process expected to commence in the coming months, following successful site visit by government officials and community leaders

Solaris Resources is pleased to announce the signing of a landmark agreement with the Pueblo Shuar Arutam organization (“PSHA”), marking a major milestone in the Company’s social engagement efforts and reinforcing the strong momentum behind its flagship Warintza Project in southeastern Ecuador.

Matthew Rowlinson, CEO and President of Solaris Resources said: “With this signing, we have now established formal relationships with all Indigenous organisations surrounding Warintza, in addition to our ongoing collaboration with local authorities. These agreements generate strong momentum for the continued advancement of the project and reinforce our long-term commitment to inclusive, community-led development.”

Marcelo Unkuch, President of PSHA said: “This agreement reflects the strong collaboration between PSHA and Solaris, as well as our shared commitment to strengthening the communities and families of Morona Santiago. The agreement seeks to generate concrete and sustainable benefits, and we remain committed to ensuring that future generations enjoy the lasting advantages of responsible mining. We are confident that the next stages of this alliance will continue to demonstrate the broad and sustainable benefits that large-scale mining can deliver.”

While this agreement marks a pivotal advancement in the project’s social framework, Solaris continues to advance a range of critical de-risking initiatives essential to Warintza’s development timeline. Following the submission of the Technical Environmental Impact Assessment (“EIA”) in August 2024, Solaris has engaged in positive and constructive dialogue with Ecuador’s Ministry of Environment and Energy. The Company has formally addressed all inquiries and confirms that the final Technical EIA report has been submitted and is currently under government review.

Progress on the Warintza Pre-Feasibility Study (“PFS”) continues to advance with positive momentum. Leading consultants Ausenco, Knight Piésold, and AMC are driving this effort, which will incorporate an updated Mineral Resource Estimate (“MRE”) that, for the first time will include the resources from Warintza West. The PFS is expected to be completed in the second half of 2025.

To learn more, please use the following link: https://www.solarisresources.com/news/press-releases/solaris-strengthens-community-partnerships-and-advances-key-milestones-at-warintza-project

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