Solis Minerals Ltd · ASX:SLM
Solis Minerals — Investor Presentation (April 2025)
20 slides from Solis Minerals's investor presentation, April 2025
Slide 1: Exploring for Copper in South America
Exploring for Copper in South America April 2025 ASX : SLM TSXV : SLMN Ilo Este, Peru (100% SLM)
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
Company Summary COLOMBIA Exploring for Copper in South America ECUADOR 1. Peru: World’s second largest copper producer1. Solis has attractive, 100% owned, at-surface, drill-ready Cu targets BRAZIL across > 69kha in copper rich southern Peru with assays2 PERU consistent with nearby operating mines. P
Slide 4: Objective: discover copper-gold resources to host large-scale mining
OBJECTIVE Discover copper-gold resources that can host large-scale mining in one of the world’s leading copper-gold regions Chancho al Palo, Peru (100% SLM) 4
Slide 5: Commodity markets
Commodity markets Copper price (LHS, US$/t) and gold price (RHS, US$/oz) in nominal dollars Both metals concurrently at near all-time highs 12,000 3,500 Copper Gold 10,000 3,000 2,500 8,000 2,000 6,000 1,500 4,000 1,000 2,000 500 0 - Source: MarketIndex.com.au, sourced 8 April 2025 (data updated by
Slide 6: Corporate
Corporate Share registry (ASX and TSXV)1 SLM:ASX price (CDIs, A$) Volume (millions) 7% Board & management $0.20 3.0 9% PLS (Pilbara Minerals Limited) 2.5 Top-20: $0.15 50% 34% 2.0 Top-20 (other) $0.10 1.5 • World’s largest independent producer of spodumene concentrate 1.0 $0.05 • Recently purchased
Slide 7: Experienced Management Team
Experienced Management Team Track record of resource discovery and realising commercial value Christopher Gale Chafika Eddine Mike Parker Non-Executive Chairman Non-Executive Director Technical Director 25-year career in commercial and financial roles in Over 20 years of experience leading and advis
Slide 8: Peru – #2 Copper Producer Globally & Growing
Peru – #2 Copper Producer Globally & Growing ANTAMINA LAS BAMBAS PERU • • Owners: Teck, BHP, Glencore, Mitsubishi Production: 400ktpa • • Owners: MMG Production: 300ktpa • Resource: 226M @ 0.94% Cu • Resource: 740Mt @ 0.66% Cu • Population: 34M TOROMOCHO ANTAPACCAY • Owners: Chinalco • GDP % of mini
Slide 9: Peru peer reference: AusQuest Limited (ASX:AQD)
Peru peer reference: AusQuest Limited (ASX:AQD) AQD’s Cangallo Project is ~200 kilometers from Solis’ tenement package, and – importantly – part of the same Peruvian copper coastal belt • Cangallo is an early stage, potentially large-scale copper-gold porphyry1. Share price (ASX:AQD) (A$/share) PERU
Slide 10: 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 11: Regional peer activity
Regional peer activity Nearby and neighboring global mining companies Assets • Toquepala (100%) • Cuajone (100%) • Ilo smelter (100%) • Ilo refinery (100%) • Tia Maria (project) (100%) • Quellaveco (60%) • Exploration • Exploration • Exploration • Exploration 11
Slide 12: Priority 2025 Target #1 – Ilo Este
Priority 2025 Target # 1 – Ilo Este Ilo Este Overview Ownership: 100% Location: Coastal Belt Drilling plan 2025: Q2 2025 Meters planned 2025: 5,000 • Drilled 2014 – 2016 with porphyry discovered (numbers on chart): 1. 472m @ 0.11% Cu, 0.09g/t Au from surface1 2. 318m @ 0.13% Cu, 0.10g/t Au from surf
Slide 13: Priority 2025 Target #1 – Ilo Este
Priority 2025 Target # 1 – Ilo Este Ilo Este mineralisation at surface1 Note 1: refer to ASX announcement 10 August 2023 “Magnetic survey completed field season is underway in Peru” – samples above are representative of the sample disclosed in the 2023 announcement Sample number 17056. Coordinate po
Slide 14: Priority 2025 Target #2 – Chancho al Palo
Priority 2025 Target # 2 – Chancho al Palo Chancho al Palo Overview Ownership: 100% Location: Coastal Belt Drilling plan 2025: Q2 2025 Meters planned 2025: 2,500 • Consists of four contiguous concessions located in southern Peru’s coastal copper belt. No historical drilling. • 8km along strike N-W o
Slide 15: Priority 2025 Target #3 – Cinto
Priority 2025 Target # 3 – Cinto Cinto Overview Ownership: 100% Location: Intrusive Belt Drilling plan 2025: H2 2025 Meters planned 2025: IP work to determine • Advanced porphyry exploration underway leading to drilling. Located 15km SE of the major Toquepala Cu porphyry deposit (~200ktpa production
Slide 16: Priority 2025 Target #3 – Cinto
Priority 2025 Target # 3 – Cinto Cinto mineralisation at surface1 Note 1: refer to ASX announcement 11 February 2025 “Copper Porphyry Mineralisation Confirmed at Cinto” – samples above are representative of those disclosed in the 2025 announcement Left and center image: representative split of sampl
Slide 17: 2026 Targets – Chocolate and Canyon
2026 Targets – Chocolate and Canyon Chocolate (100%): between Ilo Este and Chancho Al Canyon (100%): 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 Coastal Belt concessions. Sept 2
Slide 18: Next steps – drilling copper-gold targets
Next steps – drilling copper-gold targets 2025 2026 Milestone Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Ilo Este – drilling 5,000m Chancho Al Palo – drilling 2,500m Cinto mapping & sampling, IP survey Cinto drilling Chocolate IP program Chocolate drilling Regional Norte Canyon sampling & target selection Canyon drill
Slide 19: Company Summary
Company Summary Exploring for Copper in South America 1. Peru: World’s second largest copper producer1. Solis has attractive, 100% owned, at-surface, drill-ready Cu targets across > 69kha in copper rich southern Peru with assays2 consistent with nearby operating mines. Priority drilling targets in 2
Slide 20: Investor Inquiries and Company Details
Chancho al Palo, Peru (100% SLM) INVESTOR INQUIRIES: Fiona Marshall & Jason Mack White Noise Communications fiona@whitenoisecomms.com jason@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 47