Exploration activities update at Cinto Project Peru

Solis Minerals Limited (ASX: $SLM) has signed an access agreement with the local Carumbraya community at the Cinto Project in Peru. The company has initiated systematic mapping and sampling of outcropping copper mineralisation, with surface grab samples reporting assays up to 7.14% Cu over a 200m X 100m area in historical workings associated with significant alteration and structural deformation. Solis is now positioned on the boundary of the regional scale transcurrent Incapuquio fault system, which forms a structural corridor related to the massive Toquepala porphyry system 10km to the north-west. The company is pleased to have commenced exploration activities at Cinto, with the location and initial geochemical rock chip results being extremely compelling.

Executive Director, Matthew Boyes, on Cinto Project exploration

We are very pleased to have commenced exploration activities at Cinto, its location and initial geochemical rock chip results are extremely compelling. I am most excited about the geochemical signature we are seeing which demonstrates that copper mineralisation is present with associated metals in very similar corresponding concentrations to the mineralisation present at the massive Toquepala deposit, potentially indicating that the mineralisation at surface is located in close proximity to a large porphyry system. I am looking forward to commencing geophysical programmes in conjunction with a detailed mapping programme and applying for permits for the first pass drill programme. Our Peruvian assets have been significantly underexplored for too long. We now have a pipeline of very high-quality drill targets at llo Este and Chancho al Palo which are both being permitted for drilling. Cinto is now shaping up to be an equally significant high quality exploration target.

Exploration update and future plans

Solis Minerals Limited (ASX: $SLM) has made significant progress in its exploration activities at the Cinto Project in Peru. The company has signed an access agreement with the local community and reported high grade copper samples with assays up to 7.14% Cu. The project is positioned on the boundary of the regional scale transcurrent Incapuquio fault system, indicating potential proximity to a large porphyry system. Solis is now mobilizing mapping crews to systematically cover the entire tenement package and identify areas of highest prospectivity. The company is prioritizing the advancement of the drill permitting process in Peru over its llo Este, Chancho Al Palo (llo Norte) and Cinto Project areas, while continuing to review and advance targeted lithium and copper opportunities in South America. Solis Minerals is optimistic about the future exploration prospects and the potential for significant high-quality exploration targets in the region.