AMEX, XPL - Solitario Resources Corp
We are an exploration stage company with a focus on the acquisition of
precious and base metal properties with exploration potential. We acquire and
hold a portfolio of exploration properties for future sale or joint venture
prior to the establishment of proven and probable reserves. Although our mineral
properties may be developed in the future through a joint venture, we have never
developed a mineral property and we do not anticipate developing any currently
owned mineral properties on our own in the future. We have been actively
involved in this business since 1993 and have in the past recorded revenues from
joint venture payments and the sale of properties on an infrequent basis. We
recorded revenues from joint venture payments of $100,000 related to our Bongara
Project in July 2007. Previously, our last significant revenues were recorded in
2000 upon the sale of our Yanacocha property for $6,000,000. ...
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