Local News

June 15, 2021 - Macas, Ecuador - Lowell Mineral Exploration Ecuador S.A. (“Lowell” or the “Company”), a subsidiary of Solaris Resources Inc. (“Solaris”), announces that the Ecuadorian State, through the Ministry of Public Health (MSP) and the coordinated efforts of Lowell and the Shuar Indigenous community partners of Warints and Yawi, has commenced immunization efforts at the Warintza Project in Morona Santiago province as part of the “9/100 Vaccination Plan” carried out by the National Government for personnel in Strategic Sectors of the country. In this initial phase, the inoculation of 100 Shuar has been prioritized.

Federico Velásquez, Vice President of Operations commented, “Lowell supports the Ecuadorian Government in their efforts to face Covid-19. We are aware that no country can overcome the pandemic on its own: therefore, the Company and its strategic partners, the Shuar Nations of Warints and Yawi, encourage all to participate in the Vaccination Plan carried out by President Guillermo Lasso, especially in Indigenous populations located in border areas of the Warintza Project's area of ​​influence.”

Lowell, as part of the mining sector of Ecuador, carries out collective efforts aimed at supporting the Ecuadorian State as part of the Vaccination Plan established by the National Government, especially for Indigenous populations in areas bordering the Warintza Project, in accordance with United Nations Sustainable Development Goals 3 – Good Health and Well-being - and Sustainable Development Goals 17 – Partnerships for the Goals.

Teresa Altamirano, District Director of the Ministry of Health, stated that “The 9/100 Vaccination Plan is a historic process for Ecuador, which will benefit all Ecuadorians. Today we begin with the strategic sectors, thanks to the coordinated work between the State and private companies, in response to the call of Mr. President in order to vaccinate more Ecuadorians."

In previous weeks, in coordination with the two centres of the Shuar Nation in its area of ​​direct influence, the Company carried out an Emergent Biosafety Plan against Covid-19 through large scale testing using rapid antigen tests by means of nasopharyngeal swabs, fumigation and placement of sinks and soap in strategic areas in the communities, as well as information and awareness campaigns, in a tripartite effort between the State, the Company and the communities.

"We are grateful to the National Government in coordination with the Company, which has allowed us to provide vaccination access to those partnered with the Warintza Project. This has made us very happy.”, said Mario Fárez, a representative of Lowell in Macas.

For Further Information:

María Fernanda Poveda
Direct: +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 of 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 on the grass-roots Tamarugo project in Chile and Capricho and Paco Orco projects in Peru; exposure to US$130M spending / 5-yrs through a farm-out agreement with Freeport-McMoRan on the Ricardo Project in Chile; and significant leverage to increasing copper prices through the 60%-interest in the La Verde joint-venture project with Teck Resources in Mexico. For more information, please visit www.solarisresources.com.

Cautionary Notes and Forward-looking Statements

This document contains certain forward-looking statements. All statements, other than 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 regarding our intent, or our beliefs or current expectations. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance 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. Furthermore, the forward-looking statements contained in this document are made as at the date of this document and the Company does not undertake any obligation to publicly update or revise any of these forward-looking statements.