CEO Chris Herald Explains What Makes Solitario Such an Attractive Zinc Play
We’re excited to have Mr. Chris Herald, the CEO of Solitario Zinc Corp (NYSE: XPL – $0.65 & TSX: SLR – $0.80 & Fra: RJO – €0.52), with us today. Solitario is an asset-rich Company with interests in two high-grade zinc deposits, which are joint ventured with two of the five largest zinc companies in the world.
A substantial portion of the interview is devoted to the Company’s Florida Canyon project in Peru, which it is developing in partnership with Nexa Resources, a $2.6 billion company. Over the years, more than $60 million has been spent on exploring the property with a very attractive resource and Preliminary Economic Assessment (PEA) as a result.
Mr. Herald outlines the plans for Florida Canyon in 2018, and he provides details on why Solitario won’t have to spend a dime on the project to get it in production.
The Company’s Lik Zink project, located in Alaska, also receives plenty of attention in the interview. Lik is being developed in cooperation with joint venture partner Teck Resources, the second largest zinc producer in the world. Investors find out why this property is ideally located. In addition, the CEO shares his plans for Lik for the next 12 to 18 months.
The interview also digs deeper into the Company’s high-grade silver-zinc-lead property La Promesa, which is located in Peru. The CEO describes the extremely high surface samples that were discovered at the property, along with his plans for the project.
Mr. Herald further reveals his outlook for the zinc market and he introduces us to Solitario’s highly experienced management team.
Finally, we find out about Solitario’s comfortable cash position and its dark horse catalyst, which the Company will advance this year.
Access our interview by clicking the play button on the media player below,
or download our convenient transcript.
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