Solstice Minerals Limited has announced that a Reverse Circulation drilling rig is en route to the Bluetooth Gold Prospect in Western Australia. The company’s Phase III program plans to drill approximately 16 holes over 1,500 meters, focusing on delineating near-surface oxide gold mineralisation along a broad, east-dipping horizon. Recent drilling has produced compelling intercepts—such as 12 meters at 2.86 g/t gold, 29 meters at 1.58 g/t gold (including a 1‑meter section at 5.32 g/t gold), and other notable intersections—which have been confirmed through 1‑meter resampling. These high-grade, near–true-width intercepts outline an extensive and shallow mineralised system that could be amenable to open pit extraction given its favourable tabular geometry and proximity to existing haul roads and processing facilities. In addition, the company is set to continue drilling at the Edjudina Range gold discovery, located 24 kilometers southeast of Bluetooth. A first-ever RC test at Edjudina returned an intercept of 16 meters at 1.13 g/t gold, highlighting the prospect’s potential as a source of new, under-cover gold mineralisation. Solstice’s broader strategic focus also includes advancing its Nanadie Copper-Gold Project and exploring additional targets across its 1,650 square kilometer tenure in one of Australia’s most prolific gold regions. Financially, the company remains strong with reported cash holdings of $13.6 million as of 31 March 2025 and an additional $2.13 million secured through a recent strategic placement. This solid liquidity base supports continued exploration and the ongoing work necessary to eventually establish definitive resource estimates. The news is met with a mix of bullish and bearish sentiment. On the bullish side, the impressive drilling results, the strategic use of modern RC drilling methods, and the advantageous project location with existing infrastructure suggest substantial near-term potential and a promising outlook for future gold resource development. Conversely, the exploratory nature of the work means that further drilling results are needed to confirm commercial viability, and risks inherent to early-stage exploration continue to be a consideration for investors.