Solstice Provides Interim Update on Phase 1 Drilling in Red Lake Extensive Alteration Observed in First Holes Drilled

VANCOUVER, British Columbia, Aug. 02, 2022 (GLOBE NEWSWIRE) -- Solstice Gold Corp. (TSXV:SGC.VN) (“Solstice”, “we”, “our” or the “Company”) is pleased to provide an update on progress and observations made during Phase 1 drilling at its 100% owned, Red Lake Extension (“RLX”) project, located in the northwestern corner of the prolific Red Lake Gold Camp (the “Camp”). RLX has been the focal point of our dominant land holdings of over 180km² of prospective greenstone extensions and important regional structures (Figure 1). The initial 5,000m (10-15 drill hole program) was designed to test three main target areas at an average depth of ~250m below surface. The Company has completed four drill holes (2,075m from a total of 5,000m) and a fifth is in progress. Holes are designed to test targets detailed in our news release dated June 21, 2022.