Solis Minerals
Primary ticker: ASX:SLM; TSX-V:SLMN, OTCQB: SLMFF
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
Michael Parker – Executive Director
Mike is a geologist by training and has been a member of the FAusIMM for 16 years. Mr. Parker is fluent in English, Spanish and French, and has extensive experience in exploration and project development, overseeing projects from discovery through construction to production. He held progressively senior country manager positions with First Quantum Minerals (FQM) and was responsible for two major copper discoveries: the Lonshi and Frontier Mines. From 2011 to 2017, Mike was country manager for FQM in Peru, responsible for the design and implementation of FQM’s corporate strategy in Latin America, including Argentina and Chile. Mike has a BSc Mining Geology (Honours), University of Leicester, UK.
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