Montana Royalties - USA

Solitario recently announced that it had purchased a 1.5% Net Smelter Return (“NSR”) royalty on 15,831 acres of highly prospective mineral properties in Montana. The royalties were purchased from Atna Resources Inc. (“Atna”) as part of its Chapter 11 bankruptcy auction process.

In 2012, Atna evaluated the mineral potential on approximately 830,000 acres of mineral rights that it held in western Montana to create a portfolio of NSR royalty properties. Atna’s criteria for creating royalty properties from this vast mineral holding were the presence of surface mineralization, historical mining and favorable geology defined by exploration programs conducted by Anaconda Copper, Phelps Dodge and several other companies. Atna identified 11 properties with the highest mineral potential and created a 1.5% NSR royalty on these parcels. With this purchase, Solitario now owns the royalty on these 11 properties.

The royalties pertain to privately deeded property and are thus perpetually titled. Solitario's $2.50 per acre bid won the royalty rights on these 15,831 acres. The purchase price is the only investment Solitario will ever have to make to retain these royalties in perpetuity. Voluminous technical information suggests excellent potential for Cu, Cu-Au, Cu-Ag and polymetallic mineralization on these properties that is consistent with the largest mineral deposits located in western Montana.

 


Projects & Prospects

Zinc:

Florida Canyon, Peru

 

Lik, Alaska

Royalties:

Pedra Branca, Brazil
  Montana Royalties, USA

 

Yanacocha, Peru
Investment: Vendetta Mining, Australia


Montana Royalties QuickLinks

 

This web site also contains information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties.


Solitario Zinc Corp.
4251 Kipling Street, Suite 390; Wheat Ridge, CO 80033 | Tel: 303-534-1030; Fax: 303-534-1809