Solis Minerals Ltd

Stock Exchange: Other
Primary Ticker: ASX:SLM
Stage of Development: Exploration
Primary Minerals: Copper, Gold
Country / Region: Peru
Mining Company Type: Major Mining Company
Market Cap 7.9m
Corporate Presentation: Go to presentation
Website: Solis Minerals Ltd
Solis Minerals is an emerging exploration company, focused on unlocking the potential of its South American critical minerals portfolio. The Company is building a significant copper portfolio around its core tenements of Ilo Este and Ilo Norte and elsewhere in the Coastal Belt of Peru and currently holds 77 exploration concessions for a total of 66,100Ha (40 concessions granted with 37 applications in process).
The Company is led by a highly-credentialled and proven team with excellent experience across the mining lifecycle in South America. Solis is actively considering a range of new opportunities across varied commodities and jurisdictions. South America is a key player in the global export market for critical minerals and Solis, under its leadership team, is strategically positioned to capitalise on growth the opportunities within this mineral-rich region.
Management Profile
Mitchell Thomas, Cheif Executive Officer
Mitchell is an experienced leader in the resources sector with broad exposure across commodities and geographies. He served as the Chief Financial Officer for Latin Resources where he played an instrumental role in the divestment of Latin Resources’ Salinas Lithium Project in Brazil to Pilbara Minerals Limited (ASX: PLS) for A$0.6 billion.
He was previously CFO of Battery Materials for Rio Tinto (ASX: RIO) based in Los Angeles, USA and was a member of Rio Tinto’s copper M&A team in London. He has worked extensively in South America, including three years in Peru working for Rio Tinto supporting the La Granja copper project. He speaks fluent Spanish.
What is your rationale for taking part in 121 Mining Investment?
Looking for sophisticated institutional and retail investors. We have a high impact drill program underway.
What recent news would you like to highlight to investors attending?
- Drilling at Ilo Este underway
- Drilling at Cinto to commence H2 2025
What are your key goals for the next 3, 6 and 12 months?
3 Months
First pass drilling
6 Months
Resource drilling
12 Months
Exploration target / MRE
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Capital raise considered to fund further drilling
What do you think makes your company such a compelling investment?
Excellent copper ground position with drill targets identified in Peru, one of the best jurisdictions in Latin America.
What are the top 3 key investor takeaways?
- Strong ground position with porphyry copper potential.
- Region surrounded by majors (Southern Copper, Anglo American, Freeport, Vale, BHP).
- Experienced technical team.