SLM Price sensitive 14 Jul 2026, 9:51 AM

Drilling Commenced At Mandacaru Lithium Project, Brazil

Solis Minerals Ltd

Solis Minerals Commences Drilling at Mandacaru Lithium Project, Brazil

Key points

  • Drilling has commenced at Solis Minerals' Mandacaru Lithium Project in Brazil.
  • 10-drillhole, 2,000 m program to test lithium pegmatite system.
  • Program aims to test pegmatite continuity, geometry, and spodumene at depth.
  • Drilling also approved to commence Q3 2026 at Cinto Copper Project, Peru.

Full summary

Solis Minerals Limited (ASX:SLM) has initiated diamond drilling at its Mandacaru Lithium Project in Brazil, located in the Araçuá Lithium Valley of Minas Gerais. The drilling program, comprising 10 holes totaling 2,000 meters, is designed to test a coherent lithium pegmatite system. The project aims to assess pegmatite continuity, geometry, and the potential presence of spodumene at depth. The drilling is supported by multi-element geochemistry and auger drilling results. Additionally, the company has approved drilling to commence in Q3 2026 at the Cinto Copper Project in Peru.

Outlook

The company expects to provide updates as the drilling progresses, with potential implications for lithium and copper resources.

Summary generated by a large language model. Please interpret with care.

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