Solidus Resources, LLC Receives Letter of Interest for up to $835 Million in Financing from Export-Import Bank of the United States for Nevada's Spring Valley Project
RENO, Nev., May 13, 2025 (GLOBE NEWSWIRE) -- Solidus Resources, LLC (Solidus) is pleased to announce the Company's receipt of a Letter of Interest from the Export-Import Bank of the United States (EXIM) regarding the potential financing of up to $835,000,000.00 for the Spring Valley Project. The funding for this project is being considered under EXIM's Make More in America initiative and its China and Transformational Exports Program.
Isser Elishis, Chairman and CEO of Waterton Mining (100% owner of Solidus) commented, 'The Spring Valley Project will be Nevada's next long-life heap leach gold mine. The significance of this transaction will be far-reaching, boosting domestic non-fuel mineral production, creating thousands of high-paying jobs, increasing significantly both local wages and tax revenues, and enhancing U.S. mining competitiveness.'
He added, 'The Spring Valley application is a major gold critical mineral project under financing consideration by the Export-Import Bank of the United States under the recent Executive Orders on domestic mineral production and industrial reinvigoration. As such, it positions EXIM to lead in deploying federal capital through both its Make More in America initiative and its China and Transformational Exports Program and, at the same time, support the onshoring of strategic mineral production, encouraging U.S.-based sourcing of mining technology, and boosting exports of American-manufactured equipment and services. We are grateful for the Trump administration's support of our project.'
About Solidus Resources, LLCSolidus Resources, LLC is a gold developer focused on advancing the Spring Valley Gold Project in Pershing County, Nevada, through permitting, construction, and into operations. Solidus is a wholly-owned subsidiary of Waterton Mining, a private mining company.
For further information, please visit the Solidus Resources website at www.solidus-resources.com
Alternatively, please contact:Jack McMahon, Presidentinfo@solidus-resources.com
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