Solis Minerals

via Proactive Solis Minerals is developing a pipeline of promising #copper targets at the Guaneros Project in Peru, leveraging a drone magnetic survey and the company’s understanding of the local Peruvian Coastal Copper Belt to identify prospective zones. #SLM took two rock samples from an area host to both a magnetic anomaly and promising geological alterations. The rock grabs returned elevated copper and gold values, registering at 0.37% and 0.14% copper, and 0.17 g/t and 0.11 g/t #gold, respectively. Solis sees Guaneros as a high-priority exploration target – based on a combination of magnetometry and geochemistry data mapped over the region – and intends to conduct induced polarisation (IP) surveys over particularly promising anomalies before setting the drill bit to work. READ the Full Article: https://loom.ly/4lYDWOw #mining #explorer

via Grafa Solis Minerals, an #ASX-listed Latin American copper-gold explorer, has unveiled exploration advancements at its Guaneros Project in southern Peru. The survey has revealed magnetic anomalies, with rock samples indicating anomalous copper and gold values. Read more➡️ https://loom.ly/nonyipA

via Mining.com.au Solis Minerals says drone magnetometry survey and geochemistry work have advanced its portfolio of #copper-#gold targets and uncovered a high-priority exploration area within the Guaneros Project in Peru. Interpretation of the magnetic survey results is underway, and the company expects to conduct evaluations of which areas are suitable for induced polarisation (IP) surveys in due course. Read more➡️ https://loom.ly/23EqhbA

#ASXNews Guaneros Drone Magnetometry and Geochemistry Identifies High Priority Targets Latin American focused #copper-#gold explorer, Solis Minerals is pleased to announce an update on exploration activities at the Guaneros Project situated in the prospective Coastal Belt of southern Peru. • Drone magnetic anomalies have been outlined in favourable geological and structural settings at Guaneros Project, Peru • Rock grab samples, in a zone of alteration associated with one of the magnetic anomalies, returned anomalous copper and gold values • The combination of magnetometry, geochemistry and mapping has established Guaneros as a high priority exploration area • Identified anomalies are anticipated to be followed up, where practical, with ground based Induced Polarisation (IP) surveys to assist with the final target and drill design programmes • Geochemical sampling and mapping will continue to gain a better understanding of alteration and mineralisation styles present and assist with targeting of the first drill programmes • Guaneros is the fourth of five Solis project areas being progressed to drill status for copper porphyry targeting in Southern Peru and is situated on the prospective Coastal Belt between the Ilo Este and Chancho Al Palo drill targets • Drilling of the portfolio of targets is being planned to commence in Q4 and continue through 2025 #SLM Executive Director Mike Parker commented: “The results of the drone magnetometry have made a highly significant contribution to our understanding of settings for potential mineralisation in the prospective Coastal Belt. “At Guaneros, similar magnetic signatures to those associated with known mineralisation at nearby Ilo Este are evident. Rock samples in the area have returned highly anomalous copper and gold values associated with alteration akin to porphyry style mineralisation. We will continue to complement our knowledge, with ground investigations and further geophysics where appropriate, as we develop a clear roadmap to permitting and drilling. “The Guaneros Project, along with the neighbouring Ilo Este and Chancho al Palo Projects, have developed into a major focus for our copper exploration in South Peru. We look forward to progressing our permitting and drilling” See the full announcement: https://loom.ly/dPG_XmE #SolisMinerals #MiningNews #ASX

#ASXNews The Directors of Solis Minerals present their report, together with the financial statements on the consolidated entity consisting of Solis Minerals Ltd and its controlled entities for the year ended 31 May 2024. Key highlights from the #SLM Chairman's Letter include; 🔸Successful expansion of Peruvian copper projects with exciting new drill targets identified. 🔸Utilisation of advanced exploration methods, including drone magnetometry, geochemistry, and induced polarization (IP) surveys, to define targets. 🔸Advanced drill permitting process with expected commencement of drilling by late 2024, followed by a 6-9 month exploration program. 🔸Promotion of Michael Parker to Executive Director after the resignation of Matthew Boyes, with gratitude for Boyes’ contributions. 🔸Significant improvement and growth in the copper asset portfolio, with optimism about the potential of Peru’s coastal belt for future discoveries. 🔸Continued commitment to advancing the exploration program in South America, with confidence in achieving commercial growth through the copper projects. VIEW the Annual Report: https://loom.ly/xuHRa-c #annualreport #mining #solisminerals #projectupdate #exploration #copper

Real Eagle Exploraciones geophysical contractors have been contracted to carry out a programme of approximately 500 line kilometres of airborne magnetics over Solis Minerals' Guaneros project. Daily advancement is estimated to be between 15-50km, and the initial programme is estimated to be completed in August with data processing and interpretation expected to complete shortly after. Once all data is received and analysed, #SLM is expected to plan additional IP surveys where practical and submit drill permitting applications if warranted. Learn more: https://loom.ly/zSUt8g0 #SolisMinerals #Copper #ASX

Geological mapping data to hand, and structural analysis and interpretation by Solis Minerals’ geologists at Guaneros Project, confirm that substantial “Arc Oblique” structures are present that trend north-east and intercept the dominant “Arc Parallel” north-west trending structures and steep angle lineaments. The intersection of these major structural trends is considered significant as pathways for the emplacement of porphyry deposits throughout the Andes. Both Ilo Este and Chancho Al Palo are localised next to Arc Oblique structures. Guaneros has a distinct Arc Oblique zone that is covered by Quaternary sediments estimated to be up to 75m thick in places. In this area, hornfels alteration associated with #Copper oxides has been observed in sparse outcrops. The area is considered to have compelling similarities to Ilo Este, and to be much less eroded, rendering it a greenfields exploration priority in the Solis portfolio. Learn more: https://loom.ly/zSUt8g0 #SLM #SolisMinerals #ASX

via Proactive Solis Minerals has demonstrated its commitment to pursuing #copper exploration targets on the Peruvian Coastal Belt with the appointment of Michael Parker, a geologist with extensive experience in exploration and project development, particularly in Latin America, as an executive director. Mr Parker has served #SLM as a non-executive director since its #ASX listing in 2021, having led the team in Peru that has grown and matured the company’s portfolio of copper targets it will now drill at the end of this year and into 2025. Read more: https://loom.ly/p0LXMk0 #SolisMinerals #MiningNews

via Grafa Solis Minerals announced a key management restructure intended to bolster its #exploration efforts in Latin America. The company has appointed Michael Parker as Executive Director, transitioning from his previous role as Non-Executive Director. Parker's new responsibilities will encompass overseeing Solis' exploration activities in the region. Read more: https://loom.ly/EXcBR7Y #SolisMinerals #Copper #ASX

via Mining.com.au Solis Minerals has appointed Michael Parker as Executive Director following his stewardship of the company as non-executive director since December 2021. The appointment comes amid news that Matt Boyes has tendered his resignation as director and officer, effective 30 August 2024. Parker will be responsible for the operation of #SLM’s exploration business in Latin America. Read more: https://loom.ly/g1m7Pv0 #SolisMinerals #Copper #ASX