Solis Minerals Ltd · ASX:SLM
Solis Minerals — Investor Presentation (February 2022)
25 slides from Solis Minerals's investor presentation, Feb 24, 2022
Slide 1: Exploring for copper in the world's leading copper districts
Exploring for copper in the world’s leading For personal use only copper districts February 2022
Slide 2: Cautionary Statement
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 date of this presentation. The information contained in this For personal use only presentation does not purport to be comp
Slide 3: Cautionary Statement
Cautionary Statement Such forward-looking statements speak only as of the date of this document and are based on current expectations, estimates and projections formulated using assumptions believed to be reasonable. There can be no assurance For personal use only that actual outcomes will not diffe
Slide 4: Investment highlights
Investment highlights For personal use only Three large scale, high Diamond drilling Well funded/ excellent Experienced quality projects underway capital structure management Focused on copper exploration Drilling at Mostazal Copper Strong cash position, with over Former First Quantum, in two of the
Slide 5: Share Price History and Capital Structure
Share Price History 0.45 25000000 0.4 ASX Share Price ($CAD) 0.35 20000000 Volume Traded 0.3 For personal use only Capital Structure 15000000 0.25 0.2 10000000 Current shares on issue (TSX) 26.6M 0.15 0.1 5000000 CDIs on issue (ASX) 1 33.8M 0.05 0 0 Warrants/Options on issue 32.8M 11/2021 12/2021 01
Slide 6: The Board
The Board For personal use only Christopher Gale Kevin Wilson NON-EXECUTIVE CHAIRMAN NON-EXECUTIVE DIRECTOR Over 20 years' experience in managing and advising public companies. Mr. Gale is also an Mr. Wilson has over 30 years' experience in the minerals and finance industries. Most recently, Executi
Slide 7: Why copper
Why copper Industrial Equipment Transport Global uses For personal use only • Copper is a fundamental part of of copper Infrastructure life today and an indispensable part of the future. Construction • It is an essential component in the computers, servers, tablets and smartphones that keep people c
Slide 8: Why Latin America
Why Latin America Largest copper producing countries in the world by 2020 mining production (million tonnes) For personal use only Solis Minerals’ projects are located in Chile the heart of one of the highest copper producing belts in the world. Peru The objective of the company is to create signifi
Slide 9: Mostazal Northern Chile
For personal use only Mostazal Northern Chile 9
Slide 10: Mostazal introduction
Mostazal introduction For personal use only Proven location Known large Data driven mineralised system targeting The Domeyko Fault System is Phase-one program will include A rich historical data set the structural control for many the first ever drill testing of including geochemical, of the world’s
Slide 11: Mostazal location
Mostazal location For personal use only Located in the Atacama Desert, 80 kilometres northeast of Copiapó city. Chile’s Atacama desert is among the most productive copper regions in the world. Within this region, the Domeyko Fault System is the structural control for many of the county’s major mines
Slide 12: Mostazal overview
Mostazal overview Mostazal Copper Oxide in Mantos Outcrop For personal use only Deposit Known high-grade copper mineralisation (mantos) at surface, with an interpreted classic large-scale feeder/ porphyry system at depth. Type Geology Host rocks are porphyritic andesites. Hydrothermal alteration of
Slide 13: Mostazal one project, two targets
Mostazal one project, two targets For personal use only Deep Porphyry Style Surface Mantos Style 1 Characterised by hydrothermal fluids that originate from below the 2 Characterised by sheet-like extrusions with basaltic to deposit. rhyodacitic compositions. Volcano sedimentary sequence with stratab
Slide 14: Manto target
Manto target Massive Primary Chalcocite magnetic (target Area 4) For personal use only and soils Historical drilling* targeting the manto lenses has encountered wide zones of high-grade copper mineralisation including: DDA-MZ-08 : 16m @ 1.48% Cu from 56m DDH-MZ-10 : 13m @ 1.23% Cu from 91m DDA-MZ-13
Slide 15: Diamond drilling program underway
Diamond drilling program underway For personal use only Solis Minerals have completed 3 of the 4 initial holes*: • MODD001 (362m): targeting the near surface manto system • MODD002 (494m): targeting down-dip manto extensions • MODD003 (528m): targeting a large IP chargeability anomaly to the west of
Slide 16: Diamond drilling program underway
Diamond drilling program underway For personal use only Altered andesitic basalt with fine grained disseminated pyrite and chalcopyrite (copper sulphide) (M ODD002)* Altered andesitic basalt (M ODD002) with fine grained disseminated pyrite, copper sulphides - chalcopyrite and bornite, and bornite am
Slide 17: Mostazal west porphyry target
Mostazal west porphyry For personal use only target North-south trending modelled structure spatially associated with copper-rich mineralisation at surface. Modelled body encountered at approximately 350m depth extending for 1.6km length (open in both directions). Setting characterised by classic po
Slide 18: Porphyry target proposed drilling
Porphyry target proposed drilling For personal use only Diamond drilling in 2012-2013 totalled 11,380 metres, only targeting the shallow manto-style mineralisation. Solis is testing deeper drill targets (300m – 500m) related to an interpreted copper porphyry or “feeder structure” coincident with a 1
Slide 19: Ilo Norte and Ilo Este Southern Peru
For personal use only Ilo Norte and Ilo Este Southern Peru 19
Slide 20: Ilo Norte and Ilo Este
Ilo Norte and Ilo Este For personal use only Southern Peru hosts over 125 Billion pounds of contained copper in published reserves and resources. Southwest copper belt of Peru. Large alteration/mineralisation zones, 100% owned by Solis, having been acquired from Latin Resources in 2018. Ilo Norte Il
Slide 21: Ilo Norte and Ilo Este
Ilo Norte and Ilo Este For personal use only Two project areas located in the Iron Oxide Copper Gold (IOCG) and Porphyry district of the Ilo region of southern Peru – Ilo Norte and Ilo Este. • Excellent infrastructure – roads, power, ports • Copper deposits in the region*: • Tia Maria 640Mt @ 0.39%
Slide 22: Leadership team
Leadership team For personal use only Jason Cubitt Tony Greenaway Fred Tejada Angelo Peri President & CEO VP of Exploration Technical Lead Advisor Country Manager 25 years experience as a Senior geologist with over 25 (Chile) Ex-Sumitomo head of Founder and Institutional years of international minin
Slide 23: First months exploration activity
First 12 months exploration activity For personal use only Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Oct Phase 1 Mostazal drilling Phase 1 assay & interp Phase 2 drilling Phase 2 assay & interp Geophysics Ilo Norte survey Interp & modeling Phase 1 drill targeting Phase 1 drilling Alteration Ilo E
Slide 24: Peer Comparison
Peer Comparison 700 For personal use only 600 500 Solis Minerals’ market cap has 400 significant upside with a positive copper discovery and eventual 300 JORC resource 200 100 0 Mkt Cap Josemaria ( TSX) Sunstone Hot Chilli Solis Company 24
Slide 25: Thank you
Chris Gale, Non-Executive Chairman For personal use only Solis Minerals Ltd. +08 6117 4798 cgale@solisminerals.com Jason Cubitt, President & CEO Solis Minerals Ltd. Thank you JCubitt@solisminerals.com +01 (604) 209 1658 Stephen Moloney, Investor Relations Corporate Storytime +61 (0)403 222 052 Solis
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