Highlights
- More high-grade copper identified at Cinto Project in Peru
- Mineralisation footprint expands with promising geophysical backing
- Drilling at Cinto expected in second half of 2025
Solis Minerals Ltd (ASX:SLM) has reported further encouraging copper assay results from its 100%-owned Cinto Project in southern Peru, bolstering the project's status as an emerging porphyry copper system. The latest results follow earlier high-grade discoveries and provide further confirmation of Cinto’s large-scale potential.
The company announced that new assays from Channel 11 returned an intersection of 26.5 metres at 0.28% copper, with a higher-grade core of 5.4 metres at 1.0% copper. These results add to earlier assays from the same project, which recorded intersections such as 23.4 metres at 0.88% copper and 16.8 metres at 0.52% copper, strengthening the geological continuity of mineralisation across the site.
Located just 15 kilometres from the major Toquepala copper mine, Cinto shows notable geological similarities to this large-scale producer. The mineralisation at Cinto is hosted in intrusive hydrothermal breccias and exhibits structural and geochemical traits akin to nearby operating mines. The mineralised zone spans an extensive area approximately three kilometres in length and 0.75 kilometres in width.
Recent geophysical surveys using drone magnetometry have uncovered a significant magnetic low anomaly correlating with the copper-rich zones. This anomaly is believed to result from the destruction of magnetite by mineralising fluids—a typical indicator of large-scale hydrothermal alteration associated with porphyry copper systems.
The company is now preparing to launch an initial drilling program at Cinto, targeting the second half of 2025. In preparation, induced polarisation (IP) surveys are planned for the June quarter to refine drilling targets. The Cinto Project currently comprises six granted tenements covering 2,700 hectares, along with five additional tenement applications totaling another 2,800 hectares. It is situated within Peru’s Cenozoic Porphyry Belt, a region known for hosting significant deposits like Quellaveco and Cuajone.
Beyond Cinto, Solis Minerals (SLM) is actively progressing drill programs at its Chancho al Palo and Ilo Este projects. Drilling at these two sites is expected to commence this quarter, potentially delivering multiple new copper-gold discoveries across its Peruvian portfolio during 2025. The company’s strategy is firmly focused on unlocking the value of its 100% owned assets in one of the world’s top copper-producing nations.