Solitario Resources Corp. is a mineral exploration company that acquires and explores mineral properties in search of economic mineral deposits, which it then advances toward development independently or through joint ventures with larger mining operators. The company holds exploration and development-stage interests in precious metals and base metals projects across Peru, Alaska, Colorado, and South Dakota, including a 50% interest in the Lik zinc-lead-silver project in Alaska (operated with Teck Resources), a 39% interest in the Florida Canyon zinc project in Peru (where partner Nexa is carrying the project to production), and several other early-stage properties. Rather than developing mines itself, Solitario typically monetizes discoveries by selling properties, creating royalty arrangements with third parties, or entering joint ventures with experienced mining companies, generating irregular revenue from occasional property sales and royalty income.