Solis Minerals Ltd.

HIGHLIGHTS Maiden drilling programmes now completed at both the Estrela and Mina Vermelha lithium pegmatite projects for a total 3,691m. Assays returned for the first eight holes reported no significant lithium from either project. Assays remain pending for final sixteen holes and will undergo review before a decision to recommence additional exploration. Solis continues to evaluate potential new project acquisitions [...]

HIGHLIGHTS The Induced Polarisation geophysical study at Ilo Este Porphyry Copper project has identified a large high magnitude chargeability anomaly. The IP anomaly located at contact with previously identified magnetic anomaly. Combined geophysics and site geology result in confirmation of a highly prospective large-scale untested drill zone. Surface mapping and sampling identifies areas of potassic altered porphyritic [...]

HIGHLIGHTS Maiden drilling programmes underway at both the Estrela and Mina Vermelha lithium pegmatite projects with 2,500m completed to date. Successful pegmatite intersections with visible spodumene identified in six of the fourteen drillholes completed to date. The most encouraging so far is from MVDDH0002, which intersected 168.8m1 of pegmatite in Mina Vermelha indicating potential for a large system. Four drillholes [...]

Solis Minerals Ltd. is pleased to advise, in accordance with Listing Rule 3.13.2, details of the resolutions and proxies received for the Annual General Meeting of the Shareholders held on 31 October 2023 in Perth, Australia. All resolutions were passed on a poll. The Voting Results are attached for shareholders. Authorised for release by the Board, Sarah Smith Company Secretary About Solis Minerals Ltd. Solis Minerals is [...]

HIGHLIGHTS A second large capacity rig is now on site and has commenced drilling on outcropping lithium pegmatite targets at Estrela Multiple outcropping pegmatites have been identified at Estrela and are scheduled for testing as part of this initial program of 3,600m A regional scale geochemical programme on northern Borborema tenements being mobilised Solis continues to negotiate additional acquisitions in the Borborema [...]

HIGHLIGHTS Solis has commenced a 3,600m diamond drill programme on its Estrela prospect located in the emerging Borborema Lithium Province. The first of two large capacity track mounted rigs onsite and drilling the first pegmatite target which previously returned rock chips of up to 7.6% Li2O1. Multiple outcropping pegmatites have been identified at Estrela and will be tested as part of this initial program. Four separate [...]

HIGHLIGHTS Solis has entered into option agreement to purchase the Mina Vermelha Project. Mina Vermelha is in the Borborema district of Rio Grande do Norte, and along the same mineralised regional trend as the Estrela Project. The Mina Vermelha tenement covers approximately 500 hectares with a granted mining lease of six hectares over one of the six currently known outcropping pegmatites on the lease. Solis has confirmed [...]

HIGHLIGHTS Three new lithium bearing pegmatite drill targets identified through mapping and rock chip sampling at the Estrella prospect, located within the Borborema Project area Rock chips of up to 7.6% Li2O taken from outcropping spodumene rich pegmatites at Estrella Two additional drill rigs being mobilsied to explore both Borborema and Jaguar Projects First three holes from Jaguar are at the lab and awaiting assays [...]

The Directors of Solis Minerals Ltd. is pleased to advise that the Company has closed Tranche 2 of the Placement, issuing a total of 9,521,818 shares at A$0.55 per share to raise gross proceeds of A$5,236,999.90. The Company's total issued equity capital post Tranche 2 allotment is 87,799,883 shares. Assisting brokers received, in aggregate, fees of 6% of the funds raised under the Placement, being a total of $89,999.93 [...]

HIGHLIGHTS Drone magnetic survey completes magnetic data acquisition at Ilo Norte Multiple new targets developed from 3D modelling and reprocessing of historical magnetic data in addition to newly acquired drone survey data at Ilo Norte Ground checking of targets at Ilo Norte is now underway Mapping and sampling at Ilo Este identified undrilled prospective zones Solis Minerals Ltd. is pleased to announce the completion of [...]