Freeport gives technical and financial muscle to Solaris’ early stage Chile project

Base metals junior Solaris Copper, which was recently spun out of Equinox Gold, reported on Thursday that US miner Freeport McMoRan would earn up to 80% in its early stage Ricardo property, in Chile.

Freeport would be required to incur gross expenditures of $130-million or $30-million plus the delivery of a feasibility study for a mine at Ricardo to earn its interest.