Solis Minerals Ltd · ASX:SLM
Solis Minerals — Investor Presentation (February 2025)
21 slides from Solis Minerals's investor presentation, February 2025
Slide 1: Exploring for Copper in South America
Exploring for Copper in South America Corporate Presentation February 2025 ASX: S L M T S X V: SLMN
Slide 2: Disclaimer & Cautionary Statement
Disclaimer & Cautionary Statement This presentation has been prepared by Solis Minerals (“the Company” or “Solis”) to provide summary information about the Company and its activities at the Forward looking statements date of this presentation. The information contained in this presentation does not
Slide 3: Company Summary
COLOMBIA Company Summary ECUADOR Exploring for Copper in South America 1. Peru: World’s second largest copper producer1. Solis has attractive, drill-ready Cu targets across > 66kha in a copper rich region of southern Peru with assays2 PERU BRAZIL consistent with nearby operating mines. Priority dril
Slide 4: Corporate
Corporate Share registry (ASX and TSXV) SLM:ASX price (CDIs, A$) Volume (millions) 9% Board & management 0.20 3 Millions 0.18 15% 0.16 2 PLS (Pilbara Minerals Limited) 0.14 Top-20: 0.12 2 51% 27% 0.10 Top-20 0.08 1 (other) 0.06 • World’s largest independent 0.04 1 producer of spodumene concentrate 0
Slide 5: Experienced Board and Management team
Experienced Board and Management team Track record of resource discovery and realising commercial value Christopher Gale Mike Parker Chafika Eddine Non-Executive Non-Executive Director Technical Director Chairman 25-year career in commercial and financial roles in public Over 20 years of experience
Slide 6: Peru – #2 Copper Producer Globally & Growing
Peru – #2 Copper Producer Globally & Growing Antamina Las Bambas • Owners: Teck, BHP, Glencore, Mitsubishi • Owners: MMG PERU • Production: 400ktpa • Resource: 226M @ 0.94% Cu • Production: 300ktpa • Resource: 740Mt @ 0.66% Cu Toromocho Antapaccay • Population: 34M • Owners: Chinalco • Owners: Glenc
Slide 7: Regional peer activity M&A
Regional peer activity M&A AusQuest Limited (ASX:AQD) Western miners active in the region • Copper-gold projects situated along the coastal copper belt of southern Peru. Filo Corp. (Argentinean project) • Recently discovered a potential large-scale • BHP Limited and Lundin Mining porphyry, Cangallo1
Slide 8: Peru Coastal Belt Prospectivity
Peru Coastal Belt Prospectivity Southern Peru hosts > 125 billion pounds of contained copper in reserves and resources1 • Peru produces 2.8 million metric tonnes of copper per year, of which > 50% comes from this image area2. • Recent investment in Quellaveco (US$5.5B) with Tia Maria (US$1.4B) and Z
Slide 9: Southern Peru Coastal Intrusive Belt
Southern Peru Coastal Intrusive Belt Tia Maria (Southern Solis has one of the largest Copper tenement Copper) Cuajone (Southern 223.8Mt @ 0.29% Cu for packages (66,100ha) in Peru 1,412.5 Mlb contained Cu Copper) 1,294.7Mt @ 0.48% Cu for 13,749.7 contained Cu • Jurassic age porphyry Cu development pr
Slide 10: Ilo Este Project – Previous Work
Ilo Este Project – Previous Work Previous operator drilling in 2014 on margins of main Solis target demonstrated large Cu-Au mineralised porphyry system: • IE-JDD-003 zone from 472 m @ 0.11% Cu, 0.09g/t Au from surface1 • IE-JDD-002 zone from 318m @ 0.13% Cu, 0.10g/t Au from surface2 • IE-JDD-001 zo
Slide 11: Ilo Este: Drill Targets Defined
Ilo Este: Drill Targets Defined Chargeability anomaly 1,200m in length and averaging 250m in width is situated on the northern flank and extends eastward of the Southern Magnetic Anomaly • IP anomaly is partly coincident with Cu oxides present in porphyritic quartz microdiorites on surface. • Closes
Slide 12: Ilo Este: Drill Ready Q1 2025
Ilo Este: Drill Ready Q1 2025 Chancho Al Palo Chocolate Solis Ilo Face Ilo Este • View looking towards Southern Magnetic Anomaly. • IP chargeability section shown with position indicated. Solis Minerals Investor Presentation 12
Slide 13: Chancho Al Palo: Drill Ready Q1 2025
Chancho Al Palo: Drill Ready Q1 2025 Consists of four contiguous concessions located in southern Peru’s coastal copper belt. 8km along strike N-W of Chocolate anomaly and 17km along strike from Ilo Este - all with similar geology, alteration and cross-faults • Significant geophysical targets identif
Slide 14: Cinto: Drilling targeted for H2 2025
Cinto: Drilling targeted for H2 2025 Advanced porphyry exploration underway leading to drilling. Located 15km SE of the major Toquepala Cu porphyry deposit (~200ktpa production) Toquepala 3,377Mt @ 0.473% Cu, 0.023% Mo >180ktpa Cu production • Access Agreement with local community Operating since 19
Slide 15: Cinto Geochemistry Assay Results
Cinto Geochemistry Assay Results • Channel sampling across exposed porphyry mineralisation in zones over 600m apart.1 • 23.4m @ 0.88% Cu (Channel 1)2 • 16.83m @ 0.52% Cu (Channel 6)2 • Positioned within regional scale transcurrent Incapuquio fault system which enabled emplacement of Toquepala, Cuajo
Slide 16: Cinto: Mag Targeting and Alteration
Cinto: Mag Targeting and Alteration Magnetic data received shows central magnetic high flanked by northern and southern mag low areas. Mag lows caused by alteration and are priority targets • North mag low contains Channel Samples 1-10, Y many in porphyry breccias. • Large South mag low of 4km x 1km
Slide 17: 2026 drilling – Chocolate and Canyon
2026 drilling – Chocolate and Canyon Chocolate: area between Ilo Este and Chancho Al Canyon: acquisition in Coastal Intrusive Belt Palo drill projects became available in May 2024 • Staking of 25,600 Ha in 27 contiguous permits in • Solis staked 6,400 Ha of concessions along the Sept 2024. Existing
Slide 18: Solis Community Engagement
Solis Community Engagement Solis has an ongoing stakeholder outreach program in the community near the Cinto Project in Peru • The Company refurbished the community centre in September 2024. Solis Minerals Investor Presentation 18
Slide 19: 2025 Project Timeline – Drilling Peru Copper Targets
2025 Project Timeline – Drilling Peru Copper Targets 2025 2026 Milestone Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 • Ilo Este – drilling 5,000m • Chancho Al Palo – drilling • Cinto mapping & sampling, IP survey • Cinto drilling • Chocolate IP program • Chocolate drilling • Regional Norte • Canyon sampling & target se
Slide 20: Company Summary
Company Summary Exploring for Copper in South America 1. Peru: World’s second largest copper producer1. Solis has attractive, drill-ready Cu targets across > 66kha in a copper rich region of southern Peru with assays2 consistent with nearby operating mines. Priority drilling planned to commence Q1 2
Slide 21: Investor Inquiries
Investor Inquiries: Fiona Marshall White Noise Communications fiona@whitenoisecomms.com Phone: +61 (0) 400 512 109 Company Details: Address: Unit 3, 32 Harrogate Street, West Leederville WA 6007 Phone Australia: +61 (08) 6117 4795 Solis Minerals Ltd. Phone Canada: +1(604) 209-1658 TSX-V: SLMN www.so
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