Solis Minerals (ASX:SLM) is planning to conduct follow-up work at the Canyon Project in Peru to focus on prospective targets over a 25km strike length.
Following recent reconnaissance at Canyon, Solis will initiate work programs including remote sensing, mapping, and rock geochemistry to vector in on the most prospective areas.
The corridor that appears to be most favourable due to previous exploration and the presence of known occurrences has a strike length of 25km in the application area.
Additionally, potential for the existence of parallel corridors adds considerable exploration prospectivity and will be subject to further evaluation, the company says.
Executive Director Mike Parker says the upcoming work aims to define the most prospective zones within the 25,600 hectare application area.
“It’s an exciting time for Solis as we move forward with our vectoring and targeting strategy,” Parker says.
This news comes after Solis confirmed widespread copper oxide mineralisation in initial reconnaissance sampling work at Canyon, with copper occurrences in road-cuts over 400m.
Rock grab samples have recorded assays up to 0.74% copper and 0.07% molybdenum.
Parker adds that the geology at Canyon is intriguing and the company is quickly developing its understanding of some controls on the copper oxide distribution.
“First pass reconnaissance work at our Canyon Project has commenced and we are pleased to have found widespread evidence of copper oxides so early on,” he says.
The Canyon Project is prospective for copper porphyry mineralisation and sits on a northwest-southeast prospective trend with known porphyry occurrences outside of the application area.
The application area contains a belt of intrusive rocks uncovered as the Coastal Intrusive Belt, containing various Coastal Batholiths that stretch from the Ecuadorian border in the north to the Chilean border in the south along the coast of Peru.
Solis Minerals is an emerging explorer focused on unlocking the potential of its South American critical minerals portfolio.
The company will be exhibiting at this year’s Prospectors & Developers Association of Canada (PDAC) event being held from 2-5 March in Toronto, Canada.
The annual award winning convention brings together up to 30,000 attendees from over 130 countries for its educational programming, networking events, as well as business and investment opportunities.
Mining.com.au is an official media partner for the upcoming event.
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Write to Aaliyah Rogan at Mining.com.au
Images: Solis Minerals
