SLM - Solis Minerals

[System]

Solis Minerals is a mineral exploration company strategically focussed on exploring for, and (in future and subject to exploration success) developing, large scale copper and copper/gold projects in well-known and productive districts in Latin America.

The Company primarily selects projects with an existing mineral endowment indicated by historic exploration, with the goal of accessing untapped value via the application of modern and systematic exploration methods and expertise.

The Company's three key projects are:

• the Mostazal Project located in the Atacama region of Chile - The Company has recently acquired an option to earn up to a 100% interest in the project for staged payments totalling US$5 million over four years, along with staged work expenditures totalling US$5 million;
• the Ilo Este and Ilo Norte Projects, prospective for copper and gold and located within southern Peru’s coastal copper belt. The Company acquired a 100% interest in the projects from Latin Resources in 2018.

The Company has recently withdrawn from its Saskatchewan Project (in which it had previously earned a 50% interest) and has recently wholly divested its historical Mexican projects through the sale of its Mexican subsidiaries pursuant to contracts dated 6 October 2021.

It is anticipated that SLM will list on the ASX during December 2021.

Solis Minerals Ltd. | Home

solisminerals.com

 

[Dona Ferentes]

Listing date	24 December 2021 11:00 AM AEDT ##
Company contact details	https://solisminerals.com/ +1 (604) 209-1658
Principal Activities	Mining exploration
GICS industry group	TBA
Issue Price	AUD 0.20
Issue Type	CHESS Depositary Interests
Security code	SLM
Capital to be Raised	$6,000,000
Expected offer close date	10 December 2021
Underwriter	Not underwritten. Euroz Hartleys Limited (Lead Manager).

 

[Swervin Mervin]

Grabbed a few at 25c today. Got a bit of interest into the close. Hopefully goes on with the job tomorrow

 

[Dona Ferentes]

Copper sulphides, sometimes locally abundant, have been observed during logging of the first two holes completed from surface down to 362m (in hole 1) and 444m (in hole 2), as part of an initial 2,000m diamond drilling program at the flagship Mostazal Copper Project in Chile. Solis’ maiden drill program is targeting both near surface manto-style copper mineralisation and an interpreted primary copper porphyry mineralisation feeder structure at depth.

won't it be nationalised?