Solis Announces: Compelling Targets Identified from New Geophysical Modelling of the Cucho Project, Peru

Core Insights - Solis Minerals Limited has identified compelling geophysical, geological, and geochemical targets at the Cucho Project in Peru, which will be tested in a diamond drilling program scheduled for 2026 [2][3][21] Geophysical Modelling - New 3D geophysical modelling has highlighted significant targets characterized by demagnetization, elevated chargeability, and conductivity, along with enhanced surface geochemistry [3][25] - The modelling indicates the presence of a deeply-rooted porphyry copper-molybdenum system, with a drone-borne magnetic survey planned for December 2025 to map associated structures [3][4] Project Background - Solis Minerals has the right to earn up to a 75% interest in the Cucho Project, with a seven-year option to acquire up to 100% [4] - The Cucho Project spans 3,600 hectares, featuring a mineralization anomaly footprint of 3 x 1.8 kilometers, defined by copper-molybdenum geochemistry and strong induced polarization chargeability anomalies [6][11] Historical Drilling Results - Previous drilling has shown significant mineralization across all seven completed drill holes, with grades comparable to operating mines in the Andean copper belt [7][8] - Historical drilling results include notable intersections such as 169.7 meters at 0.24% Cu and 0.012% Mo from surface [8] Geological Comparisons - The geological setting and scale of the Cucho Project are comparable to large porphyry copper projects, indicating potential for significant mineralization [10][11] Next Steps - The company is designing a diamond drilling program to test the identified targets, including the Eastern Chargeable Body, while also initiating geological mapping and geochemical sampling [26][24]