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Mining industry

Solis Minerals Expands Cucho Copper Project with Additional Concessions

Strategic Insights

— 1 min read

Solis Minerals, an emerging exploration company, has announced that it has applied for additional exploration concessions surrounding the Cucho Copper Project in Peru. This expansion positions Solis Minerals immediately adjacent to Fortescue's copper exploration ground to the north-east, with Element 29 and Vale progressing advanced copper projects in the district. The company is rapidly progressing permitting and drill planning for Cucho, with a period of high drilling activity expected across Ilo Este, Cinto, Cucho, and Canyon.

Key Takeaways:

  • Solis Minerals has applied for four thousand hectares of exploration concessions adjacent to Cucho, providing access to additional exploration acreage.
  • The expanded land package positions Solis Minerals immediately adjacent to Fortescue's copper exploration ground to the north-east, with Element 29 and Vale progressing advanced copper projects in the district.
  • Solis Minerals is rapidly progressing permitting and drill planning for Cucho, with a period of high drilling activity expected across Ilo Este, Cinto, Cucho, and Canyon.
  • Cucho is expected to complement a very active period of exploration for Solis Minerals, with drilling planned for Q2 2026.
  • The company has a consistent pipeline of near-term opportunities to discover copper-gold resources in one of the world's leading copper-gold regions.
  • Solis Minerals has a total of 1,400,000,000 shares on issue according to ASX announcements.
  • The company has a range of copper opportunities in South America, with a focus on unlocking the potential of its copper portfolio.
  • Solis Minerals is led by a highly-credentialled and proven team with excellent experience across the mining lifecycle in South America.

Statistics:

  • Solis Minerals has applied for 4,000 hectares of exploration concessions adjacent to Cucho.
  • The expanded land package positions Solis Minerals immediately adjacent to a total of 6 different copper projects in the same region.
  • Inferred Resource of 321 million tonnes at 0.32% Cu, 0.03% Mo, and 2.61 g/t Ag at the Elida project.
  • 100% ownership of Solis Minerals in the Ilo Este, Cinto, Cucho, and Canyon projects.
  • Drilling scheduled to commence in Q2 2026 at Cucho.

Sources:

  • Solis Minerals Limited (ASX: SLM) ("Solis Minerals")
  • Newsfile Corp. - October 28, 2025
  • Element 29 Resources (TSXV: ECU)
  • Vale (NYSE: VALE)
  • Fortescue Metals Group (ASX: FMG)

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