Solis Minerals Commences Diamond Drilling at Cucho Copper Project in Peru with 5,000-Metre Initial Programme

Mukul

03 November 2026 10:15 AM AEDT

Solis Minerals Commences Diamond Drilling at Cucho Copper Project in Peru with 5,000-Metre Initial Programme

Image Source: Krish Capital Pty Ltd

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Solis Minerals (ASX:SLM) has commenced diamond drilling at its Cucho Copper Project in Peru, with an initial programme comprising approximately 5,000 metres across 10 diamond drill holes targeting three priority zones defined through historical drilling, geological mapping, surface geochemistry, and geophysics.

Key Points

Diamond drilling has commenced at the Cucho Copper Project in Peru, with an initial programme of approximately 5,000 metres across 10 drill holes.
Three priority target zones will be tested, with copper-molybdenum-silver mineralisation identified approximately 1 kilometre northeast of historical drilling.
A total of 34 drill holes are permitted at Cucho, providing flexibility to modify and expand the programme as results are received.
Assay results from Mandacaru and Campo Grande lithium projects are expected in November 2026, following delays associated with laboratory turnaround times at SGS.

Cucho Drilling Programme and Target Zones

The initial drilling programme at Cucho is budgeted for approximately 10 drill holes totalling 5,000 metres of diamond drilling. The programme targets three defined zones: Target Zone 1, a southwestern corridor where a northeast–southwest molybdenum corridor coincides with copper and sulphur anomalism, alteration changes, structures, and IP chargeability; Target Zone 2, a northern stockwork area where direct surface evidence includes mineralised quartz veinlets; and Target Zone 3, associated with low-to-moderate magnetic anomalies related to hydrothermal alteration in granodiorite and monzonite. A total of 34 drill holes have been permitted, providing flexibility to adjust and scale up the programme according to assay results.

Historical Drilling Results at Cucho

A scout diamond drilling programme conducted in 2014 comprised seven drill holes for approximately 2,000 metres, testing near-surface oxide copper mineralisation. All holes intersected material mineralisation, with significant intercepts including COP14-01 returning 169.7 metres at 0.24% Cu, 0.012% Mo and 1.0 g/t Ag from surface; COP14-07 returning 269.1 metres at 0.25% Cu, 0.011% Mo and 1.1 g/t Ag from surface; and COP14-06 returning 175.4 metres at 0.28% Cu, 0.012% Mo and 1.3 g/t Ag from surface. Historical drilling demonstrated broad copper mineralisation with a near-surface oxide zone generally transitioning to primary chalcopyrite-molybdenite sulphide mineralisation at depth.

Recent Exploration and Broader Programme Context

Recent exploration by Solis Minerals expanded the target area at Cucho, with copper-molybdenum-silver mineralisation identified approximately 1 kilometre northeast of historical drilling. The company completed 1:5,000 geological mapping over an area of approximately 1,500 x 1,200 metres, collected over 90 outcrop geochemical samples, and completed drone-borne magnetic mapping over an area of 5,100 x 4,100 metres totalling 105 line kilometres. Cucho drilling adds to the company's active exploration programme, with drilling also underway at the Cinto project. Assay results from the Mandacaru and Campo Grande lithium projects are expected in November 2026, following delays associated with laboratory turnaround times at SGS. Solis Minerals has the right to acquire up to 100% of Cucho.

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