Solitario Resources Corp. announced that it has acquired the rights to the Bright Angel copper‑gold project in Colorado, a transaction that closed in September 2025 and was publicly disclosed on January 22 2026. The project sits on the western flank of the San Juan Mountains and is classified as a porphyry‑style copper‑gold deposit with a mineralized zone roughly 750 m long and 600 m wide.
The acquisition marks a strategic pivot for Solitario, which has historically focused on zinc exploration. By adding Bright Angel, the company broadens its critical‑metal exposure, positioning itself to benefit from the surging demand for copper in electric‑vehicle batteries and renewable‑energy infrastructure. The move also aligns Solitario with U.S. policy priorities that emphasize domestic supply chains for critical metals.
Geologic data from Solitario’s recent surface reconnaissance show high‑grade copper assays, including a 8.45 % Cu sample, and significant gold mineralization. The deposit’s alkaline, pipe‑like porphyry system is believed to have deep roots, suggesting the potential for substantial resource expansion once drilling confirms the extent of the mineralization.
Solitario has completed rock‑sampling and filed a Notice of Intent with the U.S. Forest Service to obtain drilling permits. The company plans to submit a full Plan of Operations in the coming weeks and is targeting a drilling campaign in late‑2026 to test the high‑grade targets identified in the surface work.
Chris Herald, President and CEO of Solitario, said, “With copper and gold prices at all‑time highs, we are extremely excited about the potential of our newly acquired Bright Angel property. Our geologic evaluation indicates a high‑grade, deep‑rooted system that could become a significant contributor to our critical‑metal portfolio.”
The acquisition enhances Solitario’s strategic flexibility, opening possibilities for future joint‑venture partnerships or a sale of the property once its resource potential is fully quantified. It also strengthens the company’s position in a market where copper is classified as a critical metal by the U.S. government, potentially increasing investor interest in Solitario’s broader exploration pipeline.
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