Solis Minerals Ltd · ASX:SLM
Solis Minerals — Investor Presentation (August 2024)
17 slides from Solis Minerals's investor presentation, August 2024
Slide 1: Driving Critical Mineral Exploration in South America
Driving Critical Mineral Exploration in South America August 2024 ASX: SL M TSXV: SLMN
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 No new information or data activities at the date of this presentation. The information contained in this presentation does not purport to be
Slide 3: Australian exploration in South America
Australian exploration in South America Focused on a busy exploration program targeting Tenements and applications are located across a highly commodities poised to benefit from the energy transition prospective and emerging Peruvian belt with porphyry copper potential Led by a highly experienced te
Slide 4: Copper Market Outlook
Copper Market Outlook • The price of Copper is up 35% in 2024, reaching a record Copper Price Trend high of $11,000 per tonne in May1 $12,000 • Closure of Canadian miner First Quantum’s Cobre Panama mine has contributed to price increases2 $10,000 • The Cobre mine accounted for approximately 1.5% of
Slide 5: Copper in Peru
Copper in Peru Peru is the second largest copper producer in the world, responsible for 10% of global production1 Solis holds one of the largest and most prospective landholdings consisting of 41,400 hectares, primarily situated along the coastal porphyry belt, which is underexplored and provides ex
Slide 6: USGS Coastal Belt Prospectivity in Peru
USGS Coastal Belt Prospectivity in Peru In 2008, the USGS1 completed a study on potential Copper endowment for the Coastal Cu porphyry belt • Coastal belt older than Cenozoic 0- 65Ma which hosts giant porphyry deposits such as Toquepala, Cerro Verde or Cuajone • Coastal belt overlooked by majors as
Slide 7: Older Belt Prospectivity - Mt Cu
Older Belt Prospectivity 50 - 100 Mt Cu The older porphyry belts, including the Coastal Belt, may contain 50-100Mt of Cu • Coastal belt holds more potential for discovery than more developed and explored Porphyry belts • The Coastal Belt in Peru is less explored due to cover rocks and has more poten
Slide 8: High impact drill programme starts 2024
High impact drill programme starts 2024 Pipeline of Drilling to commence in Q4 2024 1. Chancho al Palo • Geophysical targets • Coastal belt, Drill Stage • Drill Q4 2024 2. Ilo Este • Outcropping porphyry hosted Copper • Coastal belt, Drill Stage, excellent access and Infrastructure • Drill Q1 2025 3
Slide 9: Chancho al Palo (Ilo Norte) - Peru
Chancho al Palo (Ilo Norte) - Peru Drill Ready Consists of four contiguous concessions covering 3,300 ha located in southern Peru’s costal copper belt • Significant geophysical targets identified following IP results with surface exposure confirming copper mineralisation • Two main potential mineral
Slide 10: Ilo Este - Peru
Ilo Este - Peru Drill Ready A large copper porphyry system with coincident gold located within southern Peru’s costal copper belt • Mineralisation has been mapped at surface coincident with major IP anomalies • Magnetic and IP surveys have identified priority drill targets • Targets close to surface
Slide 11: Ilo Este - Drill Ready
Ilo Este-Drill Ready • Outcropping porphyry system at Ilo Este with visible iron oxidation at surface coincident with IP and Mag anomalies • Existing drilling not drilled into major coincident IP and Mag anomalies • In house geophysical target generation delineated high intensity IP anomaly 700-800m
Slide 12: Cinto Copper in Outcrop - Peru
Cinto Copper in Outcrop- Peru Prelim EIA Stage with Geophysics Located 15km SE of the major Toquepala Cu porphyry deposit in northern Tacna (3.38Bt@ .47% Cu) • Access Agreement with local community signed with excellent relationship • Located in main porphyry belt in Peru, close to major discoveries
Slide 13: Newly Acquired Guaneros Project Peru
Newly Acquired Guaneros Project Peru • New applications cover 6,400 hectares of highly prospective copper ground across a coastal belt located directly between Ilo Norte and Ilo Este • Areas were previously held by Anaconda Copper and ground visits completed indicate the area has received limited ex
Slide 14: Guaneros - Peru
Guaneros- Peru Potentially a large copper porphyry system, extension to the north east of existing Ilo Este known Drone Mag Survey commencing Week 1 August mineralisation • No known exploration carried out, perfectly located with large cross fault cutting through tenements and minimal sedimentary co
Slide 15: Company Overview
Company Overview 0.6 SLM;ASX 12 Month Chart 87.8M 103.4M 0.5 Shares on issue Shares fully diluted 0.4 15.6M 51% 0.3 Options/Warrants Top 20 0.2 outstanding Shareholders 0.1 $10.6M $4.4M Market Cap Cash on hand 0 23-Jun-23 12-Aug-23 01-Oct-23 20-Nov-23 09-Jan-24 28-Feb-24 18-Apr-24 07-Jun-24 27-Jul-2
Slide 16: Why invest in Solis?
Why invest in Solis? • Solis has one of the largest & most prospective copper tenement packages in Peru, the world’s second largest copper producer Large, highly Near term Copper is one of Experienced prospective value the best management copper catalysts with performing team & Board projects in dri
Slide 17: Investor Inquiries
Investor Inquiries: Andrew Rowell Solis Minerals Ltd. White Noise Communications TSX-V: SLMN Andrew@whitenoisecomms.com ASX: SLM Phone: +61 (0) 400 466 226 OTCQB:SLMFF Company Details: Address: Unit 3, 32 Harrogate Street, West Leederville WA 6007 Phone Australia: +61 (08) 6117 4795 Phone Canada: +1