Solis targets lithium and copper catalysts - ICYMI

Solis Minerals Ltd (TSX-V:SLMN, ASX:SLM, OTCQB:SLMFF, FRA:08WA) earlier this week commenced diamond drilling at its wholly owned Mandacaru Lithium Project in Brazil, marking the start of a 10-hole, 2,000-metre campaign targeting a substantial lithium-caesium-tantalum pegmatite system.

Solis Minerals had gone “from acquisition to starting drilling” in a little over two months and was “moving at pace and very excited to see what this program delivers”.

The campaign is testing an approximately 800-metre pegmatite corridor mapped at surface. The holes are designed to assess the continuity and geometry of the pegmatites and their potential to contain spodumene mineralisation at depth. Drilling is expected to reach depths of about 150 to 200 metres, with fresh rock anticipated from around 30 to 50 metres below surface.

The extensive surface exposure had allowed the company to position drill pads efficiently and establish two principal drilling fences across the most prospective areas. Mandacaru lies in the Araçuaí Lithium Valley in Minas Gerais, a region that hosts established lithium operations and advanced development projects. Thomas described Mandacaru as Solis Minerals’ highest-priority lithium target.

A key near-term catalyst will be the release of drilling observations and assay results as the program progresses over an estimated two to three months.