Solis Minerals Ltd has discovered further high-grade copper at its Cinto Project in Peru, reinforcing its potential as a significant porphyry copper system. Notable results include Channel 11’s intersection of 26.5 metres at 0.28% copper. The company is preparing for a drilling program scheduled for late 2025, while also advancing other projects in Peru.
Solis Minerals Ltd has announced the discovery of additional high-grade copper at its Cinto Project in southern Peru, reinforcing its belief that the site may represent a significant porphyry copper system. The latest assays reveal a noteworthy intersection in Channel 11, comprising 26.5 meters at a grade of 0.28% copper, including a higher-grade segment of 5.4 meters at 1.0% copper. This new data builds on previous findings from other channels within the project, which indicated 23.4 meters at 0.88% copper and 16.8 meters at 0.52% copper.
CEO Mitch Thomas emphasized the implications of these results, stating, “These results confirm the significant potential at the Cinto Project, where we’ve substantially expanded Solis’ porphyry copper mineralisation footprint.” He noted that mineralisation patterns are notably comparable to those observed at the nearby major Toquepala mine, located merely 15 kilometers away. Furthermore, drone magnetometry geophysical data supports the potential scale of the project while identifying new target areas.
The geological setting involves intrusive hydrothermal breccias, mirroring structural and geochemical traits of the Toquepala Copper Mine, one of Peru’s leading producers. The current mineralised zones extend approximately three kilometers in length and 0.75 kilometers in width. Geophysical surveys indicate a strong correlation between the copper mineralisation and a large magnetic anomaly, suggesting widespread hydrothermal alteration attributed to the mineralising fluids.
Solis Minerals has commenced the permitting process for its inaugural drilling program, set to begin in the latter half of 2025. Prior to drilling, induced polarisation (IP) surveys are scheduled for the June quarter to refine target selection. The Cinto Project spans a total of six granted tenements covering 2,700 hectares, complemented by five additional applications encompassing another 2,800 hectares, all located within the affluent Cenozoic Porphyry Belt, which is home to the renowned Quellaveco and Cuajone copper deposits.
Additionally, Solis is advancing drilling efforts at its Chancho al Palo and Ilo Este projects, enhancing the potential for multiple new copper-gold discoveries across its Peruvian portfolio throughout 2025. In the words of CEO Mitch Thomas, “With drilling set to begin at Chancho al Palo and Ilo Este this quarter, and Cinto advancing toward drilling in the second half of 2025, Solis Minerals’ portfolio of 100% owned projects has incredible potential for discovery of multiple copper-gold resources capable of supporting mining operations.”
In summary, Solis Minerals Ltd has confirmed the presence of high-grade copper at its Cinto Project, signifying significant potential for a porphyry copper system. With new geological data and an upcoming drilling program, the company is positioned for further exploration in southern Peru’s rich mining landscape. Coupled with ongoing initiatives at other projects, Solis aims to capitalize on opportunities for large-scale copper-gold resource development.
Original Source: ca.proactiveinvestors.com
