Solis Minerals has sought a delisting from the TSXV with the ASX to become the primary exchange. TSXV shareholders, on the Canadian share register, may convert their shares into CDIs held in Australia and trade the CDIs on the ASX. TSXV shareholders reflect approximately eight per cent of the Company's securities following Solis Minerals' placement in February 20251. A single, primary listing on the ASX, with a proposed [...]
Solis Minerals is pleased to announce an update pertaining to its 100 per cent owned Chancho al Palo project in Peru. A diamond drill rig has arrived at Chancho al Palo supported by leading local drilling company, AKD International. The Chancho al Palo diamond drill programme comprises approximately 2,500 metres across several priority targets , designed to test multiple anomalies identified during surface mapping [...]
Solis Minerals is pleased to announce updates pertaining to three of its copper-gold projects in Peru. Chancho al Palo Project Drilling will commence at Solis Minerals' 100 per cent owned Chanco al Palo copper-gold project in Peru. A diamond drill-rig has been mobilised to site at Chancho al Palo, located in the same coastal copper belt as AusQuest's Cangallo project and Southern Copper's Tia Maria...
Solis Minerals is pleased to present its Quarterly Report for the three months ending 28 Feb 2025. HIGHLIGHTS Successful A$4.5 million placement across institutional and sophisticated investors to support drilling in copper-rich region of southern Peru. Rock geochemical assays at Chocolate Project confirm new copper-gold porphyry and IOCG targets, including: Porphyry Target 1: 0.71% Cu and 0.60g/t Au IOCG Target 1: 4.92 [...]
The Directors of Solis Minerals Ltd. , are pleased to advise that the Company has closed Tranche 2 of the Placement, issuing a total of 30,979,957 CHESS Depositary Interests over common shares at A$0.085 per New Share along with 26,470,627 unlisted options exercisable at A$0.16 with a two- year term, to raise gross proceeds of A$2,633,296.35. Assisting brokers received, in aggregate, fees of 6% of the funds raised under [...]
HIGHLIGHTS More copper porphyry mineralisation identified at Cinto from channel sample assays : 26.5m @ 0.28% Cu , including 5.4m @1.0% Cu Previous Cinto channel sample assays returned highlights1: 23.4m @ 0.88% Cu 16.8m @ 0.52% Cu Results indicate porphyry copper mineralisation of various styles across a potential area 3km long and 0.75km wide. Induced-Polarisation survey planning underway to support drill target [...]
HIGHLIGHTS Solis Minerals has received approvals to commence drilling at its copper-gold project Chancho al Palo in Peru. Leading Peruvian drilling contractor to commence a 7,500-meter diamond drilling campaign of copper-gold targets. Drilling is anticipated to begin imminently. Drilling permits for the Company's other drill-ready target, Ilo Este , are expected in the coming weeks. Assay samples will be processed at ALS [...]
Solis Minerals Ltd. provides the following update regarding its Tranche 2 placement. Under TSX Venture Exchange requirements, placements must close within 45 days of announcement. Solis Minerals announced its Tranche 1 and 2 placements on 26 February 2025. To accommodate the Special Shareholder Meeting scheduled for 16 April 2025, the TSXV has granted a 30-day extension from today for the closing of the Tranche 2 [...]
The Directors of Solis Minerals Ltd. is pleased to advise that the Company has closed Tranche 1 of the Placement, issuing a total of 21,961,220 CHESS Depositary Interests over common shares at A$0.085 per New Share to raise gross proceeds of A$1,866,703.70. The Company's total issued equity capital post Tranche 1 allotment is 109,806,103 shares. Assisting brokers received, in aggregate, fees of 6% of the funds raised [...]
HIGHLIGHTS Solis has received firm commitments for a strongly supported placement to institutional and sophisticated investors to raise A$4.5 million, including commitment from Directors to invest A$205,000 subject to shareholder approval. Funds raised will be deployed into: Drilling at the primary Ilo Este and Chancho al Palo copper targets in southern Peru; Pre-drilling work at the Cinto Project; and Regional target [...]
Sample grades of 4.92% copper and 2.47g/t gold HIGHLIGHTS Rock geochemical assays from magnetic drone survey data1 reveal two copper porphyry and two vein-hosted iron oxide copper gold targets at Chocolate2. Highlight geochemical assays from rock samples include: Porphyry Target 1: 0.71% Cu and 0.60g/t Au IOCG Target 1: 4.92% Cu and 2.47 g/t Au Porphyry Target 2: 1.92% Cu and 0.03 g/t Au IOCG Target 2: 2.78% Cu and 0.21 [...]
Solis Minerals Ltd. is pleased to announce the appointment of Mitch Thomas as Chief Executive Officer. As the former Chief Financial Officer of Latin Resources Ltd. and CFO Battery Materials for Rio Tinto , Mitch has deep corporate, commercial and project development experience. Additionally, he has worked extensively in South America, including three years in Peru working for Rio Tinto supporting the La Granja copper [...]
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