Solis Minerals
Primary ticker: ASX:SLM; TSXV:SLMN
Stage of development: Exploration
Primary minerals: Copper
Project to promote: Chancho al Palo Copper Project; Ilo Este Copper Project; Cinto Copper Project; Guaneros Copper Project
Project location: Peru
Website: www.solisminerals.com
Debt: AUD302,215
CDS & CO – 11.14%
Mr Darren Carter – 4.92%
JP Morgan Nominees Australia – 2.62%
Blue Coasters Pty Ltd – 2.28%
Management ownership – 8.70%
Financials
Management Profile
Kevin Wilson – Non-Executive Director
Kevin Wilson has over 30 years’ experience in the minerals and finance industries. Most recently, Mr. Wilson was instrumental in the re-structuring and financing of Colombian gold explorer Los Cerros Limited, which has gone on to make the Tesorito porphyry gold discovery. Mr. Wilson was the founding Managing Director of Leviathan Resources Limited, a Victorian gold mining company, from its initial public offering through to its takeover in 2006 and is the current Chairman of Navarre Minerals Ltd. His previous experience includes eight years as a geologist with the Anglo American Group in Africa and North America and 14 years as stockbroking analyst and investment banker with CF First Boston and Merrill Lynch in Australia and the US.
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 coming up.
What recent news would you like to highlight to investors attending?
Drilling at Chancho al Palo (Ilo Norte) to commence Q4 2024
Drilling at Ilo Este to commence Q1 2025
Drilling at Cinto to commence H1 2025
Drilling at Guaneros 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