The Company primarily selects projects with an existing mineral endowment indicated by historic exploration, with the goal of accessing untapped value via the application of modern and systematic exploration methods and expertise.
The Company’s three key projects are:
- the Mostazal Project located in the Atacama region of Chile – The Company has recently acquired an option to earn up to a 100% interest in the project for staged payments totalling US$5 million over four years, along with staged work expenditures totalling US$5 million;
- the Ilo Este and Ilo Norte Projects, prospective for copper and gold and located within southern Peru’s coastal copper belt. The Company acquired a 100% interest in the projects from Latin Resources in 2018.
The Company has recently withdrawn from its Saskatchewan Project (in which it had previously earned a 50% interest) and has recently wholly divested its historical Mexican projects through the sale of its Mexican subsidiaries pursuant to contracts dated 6 October 2021.
It is anticipated that SLM will list on the ASX during December 2021.
Solis Minerals | A Latin American focused mining exploration company.
Westminster Resources has acquired a 100% interest in a package of highly prospective copper properties in southern Peru. These properties total over 36,000 hectares within the country’s prolific coastal copper belt-source of nearly half of Peru’s copper production. Prior work has identified…
solisminerals.com
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