The Pick News

Solis encounters copper mineralisation at Canyon Project

Written by Colin Hay | Nov 13, 2024 3:17:08 AM

Latin American focused copper-gold explorer, Solis Minerals (ASX: SLM) has confirmed widespread copper oxide mineralisation in initial reconnaissance sampling at Canyon project in Peru.

Initial reconnaissance activities has identified copper occurrences in road-cuts. The mineralisation was found in joints and faults in road-cuts over a distance of approximately 400m in discontinuous patches.

Two samples returned high values of copper and molybdenum, indicating a porphyry-style mineralisation. Some quartz-veining and alteration were also observed in porphyritic quartz granodiorites indicating the primary controls on mineralisation.

As well as providing an obvious follow-up target, this mineralised zone presents as an excellent pathfinder to rollout exploration over the entire 25,600 Ha tenement package.

“First pass reconnaissance work at our Canyon Project has commenced and we are pleased to have found widespread evidence of copper oxides so early on,” Executive Director, Mike Parker, said.

“The geology is intriguing, and we are quickly developing our understanding of some controls on the copper oxide distribution.

“Our follow-up work at Canyon will include remote sensing, mapping, and rock geochemistry aimed at defining the most prospective zones within our large 25,600 Ha application area. It’s an exciting time for Solis as we move forward with our vectoring and targeting strategy”.