Solaris Resources: Local News

Lowell Announces Completion of One Million Hours of Accident Free Work at the Warintza Project

April 12, 2022 – Quito, Ecuador – Lowell Mineral Exploration Ecuador S.A. (“Lowell” or the “Company”), a subsidiary of Solaris Resources Inc. (“Solaris”), is pleased to report that the Company has completed one million hours of work without accidents in the initial exploration phase of operations at the Warintza Project (“Warintza” or the “Project”) located in southeastern Ecuador. This milestone is a reflection of a solid corporate safety culture and responsible compliance with the standards and guidelines applied by Lowell in all areas of operation.

Jorge Fierro, Vice President of Exploration for Solaris commented, “We celebrated one million hours of accident free work and this has been a great milestone achieved for the Company. Our corporate model is to promote safe work for all members of our workforce and guarantee sustainable operations. This milestone is the result of the commitment of each employee and contractor in the field who works for the Project. Our management goal is that each one of the more than 500 workers can fully enjoy a safe work environment and return home to their families in good health.”

This collective achievement of Lowell is part of Lowell's Occupational Health and Safety Policy based on the prevention of occupational risks to avoid work accidents and occupational illness in the workplace and is calculated based on man-hours worked on the Project.

Oscar Kukush, Occupational Health and Safety Assistant at Warintza, originally from Warints community, commented: “I’ve learned a lot while working at the Warintza Project – we return home just as we left for work. The Company takes care of its workers with constant orientations and training and they give us appropriate personal protection equipment. I am proud to work for and represent Lowell. This is an opportunity for Ecuador because we learn something new every day and we carry this work ethic home to our families and communities.”

Solaris continues to promote full, productive and safe employment in all its operations, in line with the United Nations’ Sustainable Development Goal #8: Decent Work and Economic Growth, promoting sustained and inclusive economic growth, driving progress, creation of jobs and improving living standards.

For more información:

María Fernanda Poveda
Telephone: +593 99 655 6655
Email: maria.poveda@lowellmineral.com

About Lowell Mineral Exploration Ecuador S.A.

Lowell Mineral Exploration Ecuador S.A., an indirect wholly owned subsidiary of Solaris, promotes the development of strategic alliances with key stakeholders in Ecuador to pave the way for sustainable best practices in responsible exploration.

About Solaris Resources Inc.

Solaris is advancing a portfolio of copper and gold assets in the Americas, which includes: a high-grade resource with expansion and additional discovery potential at the Warintza copper and gold project in Ecuador; discovery potential at the Tamarugo project in Chile and Capricho and Paco Orco projects in Peru; exposure to US$130 million spending /5 years through a farm-out agreement with Freeport-McMoRan on the Ricardo Project in Chile; and significant leverage to increased copper prices through its 60% interest in the La Verde joint venture project with Teck Resources in Mexico. For more information, visit www.solarisresources.com.

Cautionary Notes and Forward-Looking Statements

This document contains certain forward-looking statements. All statements except statements of historical fact are forward-looking statements. The use of the words "may", "expect", "will" and similar expressions are intended to identify forward-looking statements. These statements include statements about our intention, our current beliefs, or expectations. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, undue reliance should not be placed on the forward-looking statements as the Company cannot guarantee that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. In addition, the forward-looking statements contained in this document are made as of the date of this document and the Company does not undertake any obligation to publicly update or revise any of these forward-looking statements.