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Solis Minerals Provides Updated on Exploration Activities at the Cinto Project in Peru

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Solis Minerals (SLMFF) has confirmed extensive copper porphyry mineralization at its Cinto Project in Peru, with significant channel sampling results including 23.4m @ 0.88% Cu and 16.83m @ 0.52% Cu. The project is located 15km SE of Peru's major Toquepala copper mine.

The mineralization spans approximately 1.75 square kilometers, correlating with a large magnetic low geophysical anomaly indicating widespread hydrothermal alteration. The copper mineralization is predominantly found in breccias, similar to the mineralization style at Toquepala.

The company has initiated planning for an Induced-Polarisation survey following successful geochemical results. Drill target definition is underway, with drilling planned for the second half of 2025. The project's location on the Incapuquio Fault System is favorable for large-scale porphyry copper deposits.

Solis Minerals (SLMFF) ha confermato una vasta mineralizzazione di porfido di rame nel suo progetto Cinto in Perù, con risultati significativi di campionamento di canali, tra cui 23,4 m @ 0,88% Cu e 16,83 m @ 0,52% Cu. Il progetto si trova a 15 km a sud-est della principale miniera di rame Toquepala in Perù.

La mineralizzazione si estende per circa 1,75 chilometri quadrati, correlandosi con un grande anomalia geofisica di bassa intensità magnetica che indica un'ampia alterazione idrotermale. La mineralizzazione di rame si trova prevalentemente in brecce, simile allo stile di mineralizzazione di Toquepala.

L'azienda ha avviato la pianificazione per un'indagine di polarizzazione indotta dopo risultati geochimici positivi. La definizione dei bersagli di perforazione è in corso, con perforazioni previste per la seconda metà del 2025. La posizione del progetto sul sistema di faglia Incapuquio è favorevole per depositi di rame di tipo porfido su larga scala.

Solis Minerals (SLMFF) ha confirmado una extensa mineralización de porfido de cobre en su Proyecto Cinto en Perú, con resultados significativos de muestreo de canal, incluyendo 23.4m @ 0.88% Cu y 16.83m @ 0.52% Cu. El proyecto se encuentra a 15 km al sureste de la importante mina de cobre Toquepala en Perú.

La mineralización abarca aproximadamente 1.75 kilómetros cuadrados, correlacionándose con una gran anomalía geofísica de baja intensidad magnética que indica una amplia alteración hidrotermal. La mineralización de cobre se encuentra predominantemente en brechas, similar al estilo de mineralización de Toquepala.

La empresa ha iniciado la planificación de una encuesta de Polarización Inducida tras resultados geoquímicos exitosos. La definición de los objetivos de perforación está en curso, con perforaciones previstas para la segunda mitad de 2025. La ubicación del proyecto en el Sistema de Fallas Incapuquio es favorable para depósitos de cobre porfídico a gran escala.

Solis Minerals (SLMFF)는 페루의 신토 프로젝트에서 광범위한 구리 포르피리 광체가 확인되었으며, 여기에는 23.4m @ 0.88% Cu16.83m @ 0.52% Cu와 같은 중요한 채널 샘플링 결과가 포함됩니다. 이 프로젝트는 페루의 주요 구리 광산인 토케팔라에서 남동쪽으로 15km 떨어진 곳에 위치하고 있습니다.

광체는 약 1.75평방킬로미터에 걸쳐 있으며, 이는 광범위한 수열 변화를 나타내는 큰 자기 저조도 지구물리학적 이상과 연관되어 있습니다. 구리 광체는 주로 부정합암에서 발견되며, 이는 토케팔라의 광체 스타일과 유사합니다.

회사는 성공적인 화학적 결과를 바탕으로 유도 극성 조사 계획을 시작했습니다. 드릴 타겟 정의가 진행 중이며, 2025년 하반기에 시추를 계획하고 있습니다. 이 프로젝트가 인카푸키오 단층 시스템에 위치하고 있는 것은 대규모 포르피리 구리 매장에 유리합니다.

Solis Minerals (SLMFF) a confirmé une vaste minéralisation de porphyre de cuivre sur son projet Cinto au Pérou, avec d'importants résultats d'échantillonnage de canaux, notamment 23,4 m @ 0,88% Cu et 16,83 m @ 0,52% Cu. Le projet est situé à 15 km au sud-est de la principale mine de cuivre de Toquepala au Pérou.

La minéralisation s'étend sur environ 1,75 kilomètre carré, en corrélation avec une grande anomalie géophysique à faible magnétisme indiquant une large altération hydrothermale. La minéralisation de cuivre se trouve principalement dans des brèches, similaire au style de minéralisation de Toquepala.

L'entreprise a initié la planification d'une enquête de polarisation induite suite à des résultats géochimiques positifs. La définition des cibles de forage est en cours, avec des forages prévus pour la seconde moitié de 2025. L'emplacement du projet sur le système de faille d'Incapuquio est favorable pour des dépôts de cuivre porphyrique à grande échelle.

Solis Minerals (SLMFF) hat eine umfassende Kupfer-Porphyr-Mineralisierung in seinem Cinto-Projekt in Peru bestätigt, mit bedeutenden Kanalproben-Ergebnissen einschließlich 23,4 m @ 0,88% Cu und 16,83 m @ 0,52% Cu. Das Projekt liegt 15 km südöstlich der wichtigsten Kupfermine Toquepala in Peru.

Die Mineralisierung erstreckt sich über etwa 1,75 Quadratkilometer und korreliert mit einer großen geomagnetischen Anomalie mit niedrigem Magnetfeld, die auf umfassende hydrothermale Veränderungen hinweist. Die Kupfermineralisierung findet sich überwiegend in Brekzien, ähnlich dem Mineralisierungsstil in Toquepala.

Das Unternehmen hat die Planung einer induzierten Polarisationserhebung nach erfolgreichen geochemischen Ergebnissen eingeleitet. Die Definition der Bohrziele ist im Gange, mit Bohrungen, die für das zweite Halbjahr 2025 geplant sind. Der Standort des Projekts im Incapuquio-Störungssystem ist günstig für großflächige Porphyr-Kupferlagerstätten.

Positive
  • Strong channel sampling results: 23.4m @ 0.88% Cu and 16.83m @ 0.52% Cu
  • Large mineralization footprint of 1.75 square kilometers identified
  • Strategic location 15km from major Toquepala copper mine
  • Similar mineralization style to successful Toquepala operation
Negative
  • Drilling not planned until second half of 2025
  • Project still in early exploration phase with no defined resource

Copper Porphyry Mineralisation Confirmed at Cinto 0.88% Cu over 23.4m

HIGHLIGHTS

  • Extensive copper porphyry mineralisation identified in rock and channel sampling at Cinto Project, Peru.

Highlights include:

    • 23.4m @ 0.88% Cu (Channel 1)

    • 16.83m @ 0.52% Cu (Channel 6)

    • Cinto is located 15km SE of one of Peru's major copper mines, Toquepala (2,105mt @ 0.47% Cu resource- 200ktpa Cu production)1

  • Scope for scale with potential porphyry style copper mineralisation over 1.75 square kilometres based on strong correlation of rock geochemistry and a large magnetic low geophysical anomaly, indicating widespread hydrothermal alteration.

  • Induced-Polarisation (IP) survey planning now underway following successful geochemical results.

  • Drill target definition underway and permitting initiated for drilling in second half of 2025.

Perth, Western Australia--(Newsfile Corp. - February 11, 2025) - Latin American focused copper-gold explorer, Solis Minerals Limited (ASX: SLM) (TSXV: SLMN) (OTCQB: SLMFF) ("Solis" or the "Company") is pleased to announce an update on exploration activities at the Cinto Project in Peru.

Summary

The copper mineralisation at Cinto is predominantly seen in breccias, the major mineralisation host at the Toquepala Copper Mine, 15km northwest of Cinto. Geological similarities are evident between mineralisation styles at Cinto and Toquepala. Cinto is situated on the major Incapuquio Fault System which favoured the emplacement of intrusions related to large-scale porphyry copper deposits of Toquepala, Quellaveco, and Cuajone (Figure 1). Toquepala is one of Peru's major copper producers (200ktpa).

1 Total Mineral Reserves for third party mines sourced from Southern Copper 10K Report 2023, lodged with SEC 31 December 2023 (Cuajone & Toquepala) and Anglo American (LSE:AAL) Annual Report 2023

Executive Director, Mike Parker, commented:

"The Cinto Project continues to deliver excellent results and we have considerably expanded our porphyry copper mineralisation footprint. Equally exciting is that we are observing styles of copper mineralisation that resemble the main mineralisation styles of the massive Toquepala mine (196,600tpa copper) only 15km to the northwest. Our drone magnetometry geophysics correlates well with mineralisation and indicates potential for scale as well as new areas to follow-up. As a stand-alone project, Cinto is shaping up well as a significant mineralised copper porphyry target. When combined with our advanced targets and planned drilling at our Coastal Belt projects, our copper portfolio is truly outstanding.

This year will be a year of building on all the hard ground work of identifying our drill targets in 2024. We will start drilling at two of our projects, Chancho al Palo and Ilo Este, later this quarter depending on permits, while the Cinto Project will be advanced to drill in second half of 2025".

Cinto Project

The Cinto Project consists of eight tenements totalling 3,169Ha in the highly prospective Cenozoic Porphyry Belt of southern Peru, located some 15km to the southeast of the world class Toquepala Copper Mine (Figure 1). Cinto is geologically distinct from the rest of Solis' tenements which are situated in the older Jurassic-Cretaceous Coastal Belt of Peru (Figure 3).

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Figure 1: Cinto tenements, Incapuquio Fault System, and geology.

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Figure 2: Cinto Project Channel 7, sample 18369, taken across mineralisation in brecciated andesitic tuff exposed by gully erosion. Sample length 1.1m. Assay results: Au 0.535 g/t, Ag 25 g/t, Cu 8.7%, Mo 1 ppm, Pb 283 ppm, Zn 873 ppm.

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Figure 3: Solis' tenements in the Coastal and Cenozoic (Paleocene-Eocene) Belts with existing deposits and regional geology shown. Note new permit applications made north of Cinto in January 2025.

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Results of rock and channel geochemistry sampling programs carried out at Cinto in the second half of 2024 have yielded highly encouraging results that confirm porphyry mineralisation over a broad area. Rock samples were collected from outcropping rocks of interest or on a sampling grid, whilst Channel Samples were continuous samples taken across zones of outcropping mineralisation, usually related to old workings or eroded gullies.

A site with historical workings previously rock sampled during reconnaissance surveys by Solis and reported in July 20242, has now returned 0.88% Cu over 23.40m in Channel 1. Approximately 500m to the east of the reconnaissance site, Channel 6 returned 0.52% Cu over 16.83m. Values of 5.80% Cu over 2.20m are also reported in an area 630m east of the reconnaissance site in Channel 7, whilst a high-grade narrow (20cm) vein and one metre wallrock grading 10.32% lead and 2.31% zinc was discovered in Channel 5 which is 2.5km to the east of the reconnaissance site at (coordinates East 337396 and North 8079489, Figure 6, Tables 1 & 3). Following these initial geochemical and mapping surveys, the Company is planning the layout of an IP survey in various zones to define drill targets.

A strong correlation is identified between copper mineralisation defined in the geochemical program and previously reported magnetic low geophysical anomalies (Figures 4 & 7). In the northeast of the licence, all channel samples and the majority of copper-anomalous rock samples fall within a magnetic low of dimensions 3km x 0.75km with the low core having a surface area of 1.75km2 creating scope for scale. This magnetic low anomaly is interpreted as being caused by magnetite destruction, a common occurrence in porphyry deposits where late-stage mineralising fluids react with magnetic minerals in a host rock, altering them to non- magnetic mineral species. Two further magnetic low anomalies are recognised locally - one with dimensions of 1km x 0.3km to the west of the low described above; and a further zone of 3.5 x 1.0km to the southwest (X and Y on Figure 7). Both areas are yet to be sampled, and the latter has coincident alteration mapped from WorldView-3 satellite studies previously reported2. Based on results to date, both areas are considered to be highly prospective for further porphyry copper mineralisation.

Previous Exploration at Cinto

Prior to Solis acquiring the Cinto tenements, limited systematic exploration had been completed and there are no records of previous drill programs. Solis commenced exploration with a WorldView-3 remote sensing survey, followed up by geological mapping. In 2023 and 2024, reconnaissance rock sampling led to the identification of an area of in-situ copper oxide mineralisation in old workings in the northeast of the property. Several samples returned assays in excess of 1% Cu (highest 7.14% Cu) in a circular area roughly 100m in diameter (Figure 4). In late 2024, Solis completed a drone magnetometry survey that identified areas of low magnetic response coincident and extending beyond the reconnaissance mineralisation3. Previous exploration results are summarised in Figure 4.

2 Solis ASX release 9 July 2024, High Grade Copper Samples Identified at Cinto
3 Solis ASX release 15 October 2024, Solis Completes Magnetometry Survey at Cinto

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Figure 4: Previous exploration at Cinto: Total Field magnetic data (high magnetic response in red, low response in blue) overlaid by WorldView-3 alteration suites and geology/structure. "Cu" marks zone of high grade copper oxide samples from old workings, the original reconnaissance site sampled 1H 2024.

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Cinto Structural Setting

Cinto sits astride or just south of the regional transcurrent Incapuquio Fault System (Figures 1 & 4). The fault's corridor of influence includes en echelon faults, and subparallel fault structures. In the Cinto area, the fault corridor has an approximate width of 2.5km across its predominant NW-SE strike direction. This fault system is believed to have influenced the emplacement of Late Cretaceous to Early Palaeogene (Cenozoic) granodioritic, dioritic, and monzonitic intrusions as well as related volcanic rocks of the Toquepala Group4. The large- scale copper porphyry deposits of Cuajone, Quellaveco, and Toquepala were formed during this intrusive phase (Figure 3) and are associated with, or emplaced within, volcanics of the Toquepala Group.

Cinto Mineralisation Style

In the reconnaissance area (Channel Samples 1-4, Figure 6), the mineralisation is localised in brecciated altered andesitic tuffs of the Toquepala Group. Quartz veining is seen forming the matrix of grossly brecciated and phylically altered units (Figure 5). Copper oxides are visible in the quartz veining and replacing tuffs in patches. Millimetric size textures on the veins and wallrocks are characteristic of intrusive hydrothermal breccias.

4 Structural Characteristics of the Incapuquio fault system, southern Peru, J. Jacay, T. Sempere et al, 2002

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Figure 5: Channel 4 (viewed from north) sampled across brecciated and altered andesitic tuff outcrop exposed by old workings. Width of photo field of view is approximately 7m. Assay results returned over 0.00-5.50m (4.50m linear) are Au 0.011 ppm, Ag 3 ppm, Cu 1.03%, Mo 1 ppm, Pb 128 ppm, Zn 212 ppm.

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In the areas of Channel Samples 6-10 (Figure 6), the mineralisation occurs in intrusive hydrothermal breccias that have impacted andesitic tuffs of the Toquepala Group (Figure 2). Brecciation consists of quartz veining that separates and cross-cuts angular tuff clasts. Alteration includes abundant phyllic alteration and silicification. Copper oxide minerals occur in the quartz veins and also in patches and segregations in the clasts.

The above occurrences both resemble various phases of mineralisation at the Toquepala Copper Mine, some 15km northwest of Cinto, where intrusive hydrothermal breccias are a significant mineralisation host. The geochemistry reveals low to sporadic gold values which also resembles Toquepala. Generally low molybdenum values can be attributed to oxidation.

An outcrop of a mineralised quartz vein (20cm wide) occurs in granodiorites in the east of the property (Channel 5, Figure 6) and including 1m of granodiorite wallrock grades 10.32% lead and 2.31% zinc. Channel 5 is 2.5km to the east of the reconnaissance site at coordinates East 337396 and North 8079489. This occurrence is considered as a lateral expression to the copper-dominated mineralisation further west.

Cinto Geochemical Sampling 2024

During 2H 2024, 485 rock samples were collected (Tables 1-4). Of these, 333 were outcrop rock samples and 152 were channel samples from 10 separate channels. Channel sampling was carried out in areas of good to continuous outcrop, usually facilitated by the presence of old (>50 years) small scale surface workings - Channels 1,2,3,4,6,9,10 - or in areas of gully erosion. The 2H 2024 program complements the 45 rock samples taken in late 2023/1H 20242 and brings the total rock sampling inventory at Cinto to 530 samples.

The channels sampled are indicated in zones on the locality map, Figure 6 and results summarised in Table 1 with details in Table 3.

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Figure 6: Cinto locality map of channel sampling areas underlain by total field drone magnetometry. Note that the channel sampling is located in zones of low magnetic response (blue-green colours) indicating hydrothermal alteration. The magnetometry is a valuable guide for exploration at Cinto. Channels 1-4 are located over the original reconnaissance site, reported in July 2024.

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A summary of the channel sampling assay results is presented below in Table 1.

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Table 1: Summary of channel sample geochemical assay results from Cinto Project. Zones highlighted in bold are >0.5% Cu. True length is calculated taking into account the linearity of the sampling line. Sampling was done predominantly at a high angle to outcrop strike within the constraints of shallow channel sampling.

For location coordinates of channel samples and all assays, refer Table 3, Appendix 1.

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Additionally, 333 rock outcrop samples were analysed in an area of approximately 6 x 2km in the east of the permits. The results from these samples (Table 2 Table 4, Appendix 1) show a correlation of copper mineralisation with alteration (low magnetic response areas) around structures (Figure 7). Table 2 shows the highest Cu assays returned in rocks (does not include channel samples) and their geological context.

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Table 2: Cinto rock samples geochemical assays reporting >0.5% Cu (17 out of 333 samples). Those in bold are within porphyry-style assemblages. Altered granodiorites are considered marginal to potential porphyry system. Note veins in granodiorite with high base metal values in east, close to Channel 5.

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Figure 7: Cu anomalies from rock sample assays centred around structures with hydrothermal alteration. "X" and "Y" represent prospective areas of low magnetic response yet to be evaluated.

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Results of the geochemical surveys

Following up on the initial rock geochemical sampling campaign of the reconnaissance site, the channel sampling and rock sampling geochemical results have:

  • confirmed the presence of porphyry style copper mineralisation in favourable structural locations with analogous characteristics to the nearby Toquepala porphyry

  • expanded the area of interest at Cinto with two newly discovered Cu-mineralised zones (Channels 6 & 7-10) 500m and 630m east of the reconnaissance site (Channels 1-4)

  • demonstrated a strong spatial correlation of copper mineralisation with the magnetic low geophysical anomaly that indicates a zone of hydrothermal alteration. Several such areas, particularly to the west of the project, have yet to be evaluated, indicating a potential for further large-scale mineralised systems at Cinto

  • demonstrated the potential for associated polymetallic mineralisation (Pb, Zn, Ag) around the copper-dominated area with the discovery of highly mineralised, narrow structures approximately 2.5km east of the original site (Channel 5) and adjacent rock samples.

Next Steps for Cinto

Based on the geochemistry results, Induced-Polarisation (IP) programs are being planned to define drill targets. Drill permitting, including archaeological surveys, will commence with a target of drilling in the second half of 2025.

Solis will continue to investigate the potential of Cinto by testing the as yet unexplored low magnetic anomalies through a combination of mapping and rock geochemistry. Further areas for IP follow-up and drill target definition are expected to become apparent once all the tenement is explored.

5. Drilling Schedule

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* Timeline dependent upon obtaining requisite permits

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ENDS

This announcement is authorised by Michael Parker, Executive Director of Solis Minerals Ltd.

Contact
Michael Parker
Executive Director
Solis Minerals Limited
+61 8 6117 4795

Media & Broker Enquiries:
Fiona Marshall & Jason Mack
White Noise Communications
fiona@whitenoisecomms.com
jason@whitenoisecomms.com
+61 400 643 799


 

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.

About Solis Minerals Limited

Solis Minerals is an emerging exploration company, focused on unlocking the potential of its South American copper portfolio. The Company is building a significant copper portfolio around its core tenements of Ilo Este and Ilo Norte and elsewhere in the Coastal Belt of Peru and currently holds 81 exploration concessions for a total of 69,200Ha (46 concessions granted with 35 applications in process).

The Company is led by a highly-credentialled and proven team with excellent experience across the mining lifecycle in South America. Solis is actively considering a range of copper opportunities. South America is a key player in the global export market for copper and Solis, under its leadership team, is strategically positioned to capitalise on growth the opportunities within this mineral-rich region.

Forward-Looking Statements

This news release contains certain forward-looking statements that relate to future events or performance and reflect management's current expectations and assumptions. Such forward- looking statements reflect management's current beliefs and are based on assumptions made and information currently available to the Company. Readers are cautioned that these forward- looking statements are neither promises nor guarantees and are subject to risks and uncertainties that may cause future results to differ materially from those expected, including, but not limited to, market conditions, availability of financing, actual results of the Company's exploration and other activities, environmental risks, future metal prices, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. All the forward-looking statements made in this news release are qualified by these cautionary statements and those in our continuous disclosure filings available on SEDAR+ at www.sedarplus.ca. These forward-looking statements are made as of the date hereof, and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required by applicable law.

Qualified Person Statement

The technical information in this news release was reviewed by Michael Parker, a Fellow of the Australian institute of Mining and Metallurgy (AusIMM), a qualified person as defined by National Instrument 43-101 (NI 43-101). Michael Parker is Executive Director of the Company.

Competent Person Statement

The information in this ASX release concerning Geological Information and Exploration Results is based on and fairly represents information compiled by Mr Michael Parker, a Competent Person who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Parker is Executive Director of Solis Minerals Ltd. and has sufficient experience which is relevant to the style of mineralisation and types of deposit under consideration and to the exploration activities undertaken to qualify as a Competent Person as defined in the 2012 Edition of the "Australian Code for Reporting of Mineral Resources and Ore Reserves". Mr Parker consents to the inclusion in this report of the matters based on information in the form and context in which it appears. Mr Parker has provided his prior written consent regarding the form and context in which the Geological Information and Exploration Results and supporting information are presented in this Announcement.

APPENDIX 1

Table 3 Cinto Channel Sample Geochemical Assay Results

Sample
No.
E
Coord
N
Coord
Elev.Chan
No.
NotesInt.
From
m
Int.
To
m
Linear
Distance
m
Corrected
Distance
m
Au
ppm
Ag
ppm
Cu
%
Mo
ppm
Pb
ppm
Zn
ppm
1809533512780794722360CH1Start Channel
Sample
0.002.002.001.700.0031.300.06145444
1809633512780794742360CH1
2.004.002.001.700.0034.000.03150270
1809733512780794752360CH1
4.005.001.000.850.0037.901.551281797
1809833512680794762360CH1
5.006.001.000.850.0076.400.161344348
1809933512680794772360CH1
6.007.001.000.850.0034.800.111484492
1810033512580794782360CH1
7.008.001.000.850.0034.000.091437250
1810233512580794782360CH1
8.009.001.000.850.0033.200.071442416
1810333512380794792360CH1
9.0011.002.001.700.0030.700.031149215
1810433512180794792360CH1
11.0013.002.001.700.0030.700.011104205
1810533511980794802360CH1
13.0015.002.001.700.0030.900.011142283
1810633511780794802360CH1
15.0017.002.001.700.0030.900.021219305
1810733511680794802360CH1
17.0018.001.000.850.0030.800.021293308
1810833511580794792360CH1
18.0019.001.000.850.0030.800.021232346
1810933511480794792360CH1
19.0020.001.000.850.0031.000.02197270
1811033511380794792360CH1
20.0021.001.000.850.0031.700.201212260
1811133511280794792360CH1
21.0022.001.000.850.0033.000.23165275
1811233511180794802360CH1
22.0023.001.000.850.0365.501.86172225
1811333511080794792360CH1
23.0024.001.000.850.0113.400.88139302
1811433510980794792360CH1
24.0025.001.000.850.0093.200.431113306
1811533510880794792360CH1
25.0026.001.000.850.0174.400.84184541
1811633510780794792360CH1
26.0027.001.000.850.0073.000.661121381
1811733510680794792360CH1
27.0028.001.000.850.0032.000.061311276
1811833510580794792360CH1
28.0029.001.000.850.0033.800.061108219
1811933510580794792360CH1
29.0030.001.000.850.0032.000.03171179
1812133510480794782360CH1
30.0031.001.000.850.0032.000.191150237
1812233510380794792360CH1
31.0032.001.000.850.0375.504.331524331
1812333510280794792360CH1
32.0033.001.000.850.0323.601.40165199
1812433510180794802360CH1
33.0034.001.000.850.0616.402.04159248
1812533510080794802360CH1
34.0035.001.000.850.1535.003.91172305
1812633509980794802360CH1
35.0036.001.000.850.0062.200.27175246
1812733509880794812360CH1
36.0037.001.000.850.0031.300.07157205
1812833509780794812360CH1
37.0038.001.000.850.0031.800.05146190
1812933509680794822360CH1
38.0039.001.000.850.0081.700.05149224
1813033509580794822360CH1
39.0040.001.000.850.0786.202.77129579
1813133509580794832360CH1
40.0041.001.000.850.0092.300.02143165
1813233509480794842360CH1
41.0042.001.000.850.0072.300.03199149
1813333509380794842360CH1
42.0043.001.000.850.1013.301.55151117
1813433509280794842360CH1
43.0044.001.000.850.0064.100.061142233
1813533509180794842360CH1
44.0045.001.000.850.0354.700.97146183
1813633509080794852360CH1
45.0045.500.500.430.0030.800.07131210
1813733509080794852360CH1
45.5046.501.000.850.0122.700.1112682
1813833508980794862360CH1
46.5047.501.000.850.02712.301.06115100
1813933508880794862360CH1
47.5048.501.000.850.0031.400.03136177
1814033508780794862360CH1
48.5049.501.000.850.0030.900.01166240
1814233508680794872360CH1
49.5050.501.000.850.0031.100.011194464
1814333508580794872360CH1
50.5051.501.000.850.0030.800.011690443
1814433508480794872360CH1
51.5052.501.000.850.0031.100.0312160739
1814533508380794882360CH1
52.5053.501.000.850.0031.000.0121675980
1814633508380794882360CH1
53.5054.501.000.850.0031.800.0222090773
1814733508180794892360CH1
54.5056.502.001.700.0031.100.0111045375
1814833508080794902360CH1
56.5058.502.001.700.0030.800.011671356
1814933507880794912360CH1
58.5060.502.001.700.0030.800.012217250
1815033507680794922360CH1
60.5062.502.001.700.0030.600.01199287
1815133507580794932360CH1
62.5064.502.001.700.0030.600.01195265
1815233507380794942360CH1
64.5066.502.001.700.0030.500.00158231
1815333507280794952360CH1
66.5068.502.001.700.0030.500.01140180
1815433507180794972360CH1
68.5069.501.000.850.0050.900.041162235
1815533507080794982360CH1
69.5070.501.000.850.0030.250.021268238
1815633507080794992360CH1
70.5072.502.001.700.0030.250.00144192
1815733506980795012360CH1
72.5074.502.001.700.0030.250.01147173
1815833506880795022360CH1
74.5076.502.001.700.0030.700.02187213
1815933506780795042360CH1
76.5078.502.001.700.0030.700.031534286
1816133506780795062360CH1
78.5080.502.001.700.0030.800.031436356
1816233506680795082360CH1
80.5082.502.001.700.0030.800.021211262
1816333506680795102360CH1
82.5084.502.001.700.0030.700.02145215
1816433506580795122360CH1
84.5086.502.001.700.0030.250.01131197
1816533506480795142360CH1
86.5088.502.001.700.0030.250.01164171
1816633506380795152360CH1End Channel Sample88.5090.502.001.700.0030.250.031163250
1817333515480795402350CH2Start Channel Sample0.002.002.001.730.0030.700.01162106
1817433515380795422350CH2
2.004.002.001.730.0030.500.021134195
1817533515280795442350CH2
4.006.002.001.730.0030.250.01141137
1817633515180795452350CH2
6.008.002.001.730.0030.700.03147178
1817733515080795472350CH2
8.0010.002.001.730.0052.600.0514797
1817833514980795492350CH2
10.0012.002.001.730.0053.200.27193141
1817933514780795502350CH2
12.0014.002.001.730.0030.600.011107174
1818133514680795512350CH2
14.0016.002.001.730.0031.200.03189176
1818233514480795532350CH2
16.0018.002.001.730.0030.250.01136170
1818333514480795552350CH2
18.0020.002.001.730.0030.700.01140138
1818433514280795562350CH2
20.0022.002.001.730.0032.100.03113148
1818533514280795572350CH2
22.0022.400.400.350.00510.600.72131698
1818633514180795582350CH2
22.4024.402.001.730.0033.700.381129409
1818733514080795602350CH2
24.4026.402.001.730.0030.250.01142175
1818833513980795612350CH2
26.4028.402.001.730.0030.250.0113498
1818933513880795632350CH2
28.4030.402.001.730.0050.250.0112090
1819033513780795652350CH2
30.4032.402.001.730.0030.600.0211445
1819133513580795652350CH2
32.4034.402.001.730.0030.250.001531
1819233513380795652350CH2
34.4036.402.001.730.0030.250.001128
1819333513180795642350CH2End Channel Sample36.4038.402.001.730.0030.700.011327
1819433511880795622350CH2AStart Channel Sample0.002.002.001.700.0030.250.02135166
1819533511680795632350CH2A
2.004.002.001.700.0030.500.01188171
1819633511580795652350CH2A
4.006.002.001.700.0030.700.01147109
1819733511480795662350CH2A
6.008.002.001.700.0030.250.00187200
1819833511280795672350CH2A
8.0010.002.001.700.0030.250.02144159
1819933511080795682350CH2AEnd Channel Sample10.0012.002.001.700.0030.250.0111718
1820033514180795182355CH3Start Channel Sample0.002.002.001.650.0212.801.731136345
1820233514080795192355CH3
2.004.002.001.650.0032.800.02145134
1820333513980795202355CH3
4.004.250.250.210.0775.104.73154255
1820433513880795212355CH3
4.256.252.001.650.0053.400.43146206
1820533513880795222355CH3
6.256.500.250.210.0179.504.35171758
1820633513780795232355CH3End Channel Sample6.508.502.001.650.0053.100.17116273
1820733512280795122360CH4Start Channel Sample0.001.501.501.230.0030.900.02196186
1820833512280795132360CH4
1.503.001.501.230.0053.100.651127203
1820933512180795142360CH4
3.004.001.000.820.0134.701.41194185
1821033512080795152360CH4End Channel
Sample
4.005.501.501.230.0253.402.181182264
1824033739680794892277CH5Start Channel Sample0.000.200.200.200.69591.600.501576670015650
1824233739580794872276CH5End Channel Sample0.001.001.001.000.663294.001.358311050024600
1833933563480794492318CH6Start Channel Sample0.002.002.001.770.0051.000.151104245
1834133563680794482318CH6
2.004.002.001.770.0361.001.741144325
1834233563780794472318CH6
4.006.002.001.770.0030.800.01167238
1834333563980794462318CH6
6.008.002.001.770.0030.800.01156180
1834433564180794462318CH6
8.0010.002.001.770.0052.000.3222110178
1834533564380794462318CH6
10.0011.001.000.890.0924.502.2342920211
1834633564480794462318CH6
11.0012.001.000.890.0351.400.7811540196
1834733564580794462318CH6
12.0013.001.000.890.0262.300.311547289
1834833564680794462318CH6
13.0014.001.000.890.0031.300.011120207
1834933564780794452318CH6
14.0015.001.000.890.0096.100.281236209
1835033564880794452318CH6
15.0016.001.000.890.0106.700.211100237
1835133564880794462318CH6
16.0017.001.000.890.0294.400.961157200
1835233564980794462318CH6
17.0018.001.000.890.0173.300.19191334
1835333565080794462318CH6
18.0019.001.000.890.0254.300.45197335
1835433565180794462318CH6
19.0020.001.000.890.0032.100.05162176
1835533565280794472318CH6
20.0021.001.000.890.0031.600.02194182
1835633565380794472318CH6
21.0022.001.000.890.0112.500.191236297
1835733565480794482318CH6
22.0023.001.000.890.1193.101.481530433
1835833565480794492318CH6
23.0024.001.000.890.0061.900.241322240
1835933565580794492318CH6
24.0025.001.000.890.0072.800.441470296
1836133565680794502318CH6
25.0026.001.000.890.0133.100.971478318
1836233565680794512318CH6
26.0027.001.000.890.0122.000.491148296
1836333565880794522318CH6
27.0029.002.001.770.0030.500.01169295
1836433565980794532318CH6
29.0031.002.001.770.0030.250.01142243
1836533566180794542318CH6
31.0033.002.001.770.0030.250.01123231
1836633566380794552318CH6End Channel Sample33.0035.002.001.770.0030.250.00155296
1836733569980797102260CH7Start Channel
Sample
0.000.700.700.700.0030.250.01146208
1836833569980797112260CH7
0.701.801.101.100.1418.202.891823847
1836933569880797122260CH7
1.802.901.101.100.53525.208.701283873
1837033569880797132260CH7End Channel Sample2.903.500.600.600.0035.900.031103238
1837133572780797102279CH8Start Channel Sample0.002.002.002.000.0030.250.021144356
1837233572780797052279CH8
2.004.002.002.000.0030.250.03144152
1837333572780797092279CH8
4.005.501.501.500.0080.800.12161237
1837433572780797112279CH8
5.506.501.001.000.0274.900.801246611
1837533572780797072279CH8End Channel Sample6.508.001.501.500.0030.250.02135140
1837633575080796862267CH9Start Channel Sample0.002.002.002.000.0031.500.01147209
1837733574980796872267CH9
2.003.501.501.500.3428.400.651121407
1837833574880796882267CH9
3.504.501.001.000.12414.201.121160512
1837933574780796892267CH9
4.505.501.001.000.0217.800.31199230
1838133574680796902267CH9
5.506.501.001.000.0398.100.321354323
1838233574680796902267CH9
6.507.501.001.000.0486.200.251216230
1838333574580796912267CH9End Channel
Sample
7.508.501.001.000.0465.200.451122447
1838433575480796572270CH10Start Channel Sample0.002.002.002.000.0103.100.131438219
1838533575380796582270CH10
2.004.002.002.000.0037.200.021808147
1838633575180796592270CH10
4.006.002.002.000.0313.500.101615184
1838733574980796602270CH10End
Channel Sample
6.008.002.002.000.0032.000.01168120

 

APPENDIX 1

Table 4 Cinto Rock Sample Geochemical Assay Results

Sample
Number
East
Coord
North
Coord
ElevationAu ppmAg ppmCu %Mo ppmPb ppmZn ppm
18001335743808105923230.0030.250.0010.51581
18002335693808099522960.0030.250.0010.589
18003335416808076624660.0030.250.0012412
18004335522808093025120.0150.50.00214621020
18005335393808077225610.0030.250.002114117
18006335272808063323990.0030.250.00221127
18007335138808049225210.0030.250.0020.51864
18008335010808034924940.0030.250.00211635
18009334880808018424920.0030.250.0023942
18010334732808000824390.0030.250.00222028
18011334632807987624310.0030.250.002119102
18012334627807981724500.0030.250.0033313
18013334481807974123200.0030.250.00311865
18014334364807956822880.0030.250.00311665
18015334271807943624730.0030.250.0030.51166
18016334114807925424560.0030.250.00312787
18017334007807914424760.0030.250.003122101
18018334113807904724570.0030.250.0030.514112
18019334252807917023770.0030.250.0030.510121
18020334391807928825180.0030.250.00311679
18022334525807941524430.0030.250.00311565
18023334517807944523820.0030.250.00312482
18024334628807960224370.0030.250.004138100
18025334731807975424830.0030.250.0040.5641
18026334889807990623600.0030.250.0040.538154
18027334797808002124600.0030.250.004271422
18028335048808007724870.0030.250.0040.51887
18029335191808021724760.0030.250.0040.51096
18030335342808036124590.0030.250.00431826
18031335360808039622950.0030.250.0050.51182
18032335429808055625670.0030.250.00534082
18033335540808066124300.0030.250.0050.51599
18034335683808079624720.0030.250.00511962
18035335816808093924980.0030.250.0050.51171
18036335618808063326140.0030.250.00511185
18037335955808085223490.0030.250.0051203133
18038335851808068624350.0030.250.00521561
18039335695808056225100.0030.250.0053764
18041335590808038623730.0030.250.0060.52473
18042335439808021724100.0030.250.00611792
18043335306808008424270.0030.250.006141172
18044335165807990025100.0030.250.0060.521158
18045335035807977826700.5030.250.007219115
18046334945807963124960.0030.250.00712654
18047334774807946224290.4940.250.00735118
18048334648807933924290.0030.250.00731111
18049334524807916226080.0030.250.0074625
18050334406807901324460.0030.250.0080.515109
18051334306807881025130.0030.250.0080.531110
18052334407807877323750.0030.250.008121111
18053334559807887724530.0030.250.0090.5118176
18054334690807898124760.0030.250.00911481
18055334814807918025670.0030.250.0098630
18056334931807934424750.0030.250.00911080
18057335922808056124450.0030.250.0121269
18058335839808042325540.0030.250.01213112
18059335724808024124000.0030.250.0111158
18060335552808008824030.0030.250.010.517169
18061335552808008824660.0030.250.0110.51157
18062335476807993923990.0030.250.0111986
18063335335807975324870.0030.250.011128110
18064334580807859324770.0050.250.01111696
18065334716807874724870.0030.250.01212598
18066334832807991025110.0030.250.0121887
18067334994807905027380.0030.250.01312472
18068334287807948926530.0030.250.01631898
18069335203807964026800.0030.250.01631370
18070334674807930826100.0050.250.0169107147
18071335072807918223900.0030.250.018114101
18072335226807935724180.0030.250.01821396
18073335357807950523900.0030.250.019114113
18074335475807965425450.0030.250.0190.512107
18075335631807980027260.0030.250.01921898
18076335745807996425070.0030.250.0211491
18077335871808011027380.0030.250.0211283
18078335421808089825410.0030.250.02122098
18079335323808091025070.0030.250.02121091
18081335222807964824580.0030.250.043211100
18082332909807793223450.0030.250.0010.51119
18083332914807783323300.0030.250.0010.51221
18084333000807761722500.0080.250.0021527
18085335781807977822590.011.10.1310.567247
18086335312808010923780.0172.40.519225108
18087335370808009323790.0030.250.0030.53184
18088335378808007924000.0030.250.01511770
18089335464808000023650.0030.250.0070.51973
18090335092807995624190.0030.250.1811110456
18091335069807997324690.0030.250.0030.52486
18092335641807988823980.02220.74212673
18093335688807978223510.0030.250.00111649
18094335533807970224020.0030.250.00112857
18167335058807952023600.0030.250.0050.551101
18168335058807952023600.0030.250.0040.547175
18169335054807952123600.0030.250.0140.581309
18170335053807952123600.0030.250.0070.562256
18171335049807952023600.0030.250144250
18172335048807952023600.0030.2500.539243
18211336036807998223020.0050.250.0190.513122
18212336679807999924140.0050.250.01311246
18213336818807999424600.0030.250.01111541
18214337082807990824900.0050.250.01311768
18215337086807999625000.0030.250.019217103
18216337342807999723800.0030.250.01711787
18217337614808002023700.0093.30.102119107770
18218337706807970823300.0063.30.636418127
18219335015807944724280.0030.70.0151462255
18221337218807984124600.14517.10.0311580671
18222337257807988324100.0030.250.01632153
18223337837807940320710.0060.250.01459791
18224336389807987023790.0230.250.0350.578273
18225336664807984123930.0030.250.01811186
18226336425807953422690.0030.250.0180.517104
18227336405807948122540.0030.250.0051633
18228337198807972524020.00313.40.01811180
18229337501807979722770.0090.250.0142961
18230337317807968623370.0052.80.038146202330
18231337479807984523100.0030.250.0322572
18232337615807969122460.0030.250.01722688
18233337724807953121810.0030.250.01411488
18234336165807923822060.0030.250.01312452
18235336237807920621510.0070.250.0240.5888
18236336307807911721570.0050.250.0240.5799
18237336085807939222110.01210.1882260262
18238337432807926222630.0030.250.01311687
18239337479807923122530.0030.50.0111886
18244337399807936922670.00316.40.034212130300
18245336960807954023310.0030.250.01716696
18246336938807954223290.0030.250.01614290
18247336823807938322440.0030.250.01513287
18248336735807941022410.0030.250.01512083
18249336694807922421370.0030.250.01612795
18250337227807954423870.0030.250.01822289
18251337399807937722630.02417.80.30719555380
18252336465807947122300.0030.250.0020.55787
18253337399807940422550.1733030.3649295002570
18254337401807940322540.02311.40.0561141002610
18255337399807937722630.3082010.5882164280023900
18256337404807937522620.21534.30.062354007120
18257337406807937522600.00913.10.048213802530
18258337409807937522590.0031.40.489341102
18259337837807940320860.0070.250.0146139117
18261337282807959623690.0030.250.0686312418
18262337381807960523220.09390.80.2128163505860
18263337481807954522800.0030.250.019140101
18264337460807950222620.0081.20.0271268459
18265337407807949622770.1191360.3899872001140
18266337397807944622571.9852321.068310050026100
18267337413807933722670.2031681.227435008800
18268335901807953522000.0030.70.0360.5135416
18269335778807969222450.0030.250.026149119
18270336959807983624190.0030.250.016223110
18271336835807967423170.0030.250.01424296
18272336542807970422480.0030.250.01212391
18273336090807954422510.0030.250.01711698
18274337750807960721930.0030.250.01611978
18275336558807908621240.0050.250.02125103
18276336441807922421290.0030.250.02812499
18277336567807936921760.0030.250.016127135
18278336305807940221890.0030.250.032116109
18279336055807943421700.0060.60.03329138
18280336086807927921360.0030.250.022117120
18282335913807920821610.0030.70.0191198523
18283336020807906421750.0030.250.026114114
18284336839807909020770.0030.250.00911497
18285335601807964523300.0030.250.0030.539101
18286335634807954123160.0030.250.002190173
18287335473807953423070.0030.250.0030.515140
18288335516807939222590.0030.250.019121172
18289335796807910322030.0030.250.00821878
18290335751807940422830.0030.250.009333128
18291335646807923422320.0030.250.021114106
18292335781807922321950.0070.250.2261873
18293335981807946121671.1751.41.1151316328
18294335567807948122830.0172.20.88622279
18295335573807938122480.0120.250.68912295
18296334669807919424910.0030.250.00661945
18297334697807916524940.0030.250.0051640
18298335095807911224350.0050.250.003212237
18299334810807933724780.0030.250.0040.51051
18301335177808025124370.0030.250.0090.5983
18302335213807919123850.0030.250.0044875
18303335245807907723890.0030.250.0112388
18304335518807906223350.0030.250.0040.5825
18305335372807922223260.0030.250.0040.51664
18306335623808027523820.0030.250.0061969
18307335987808054825460.0030.250.02221196
18308335978808075725940.0030.250.0211992
18309335731808042323900.0030.250.00711397
18310335069807906824320.0030.250.0010.5129
18311335453808012123640.0030.90.01231160168
18312335315807998523640.0030.250.0020.556157
18313335243807992223830.0030.250.0060.529105
18314335082807980624300.0030.250.0080.516113
18315335208807978024110.0030.250.0090.518174
18316335344807987224000.0030.250.0070.51198
18317335593807996323070.0030.250.018113101
18318335726808009923540.0030.250.007128149
18319335344808026224060.0050.250.0058627
18320334539807981925100.0030.250.0020.51682
18322334404807964524710.0030.250.0030.539110
18323334160807936425100.0030.250.00914397
18324333762807904425870.0260.250.00112866
18325334031807935425150.0030.250.011130119
18326334180807949324630.0030.250.00211193
18327334274807965424750.0030.250.003133130
18328333730807934025050.0030.250.01311581
18329333649807918625210.0030.250.007179338
18330333519807902725470.0030.250.00218117
18331333372807887925250.0050.250.00214530
18332333380807875124840.0030.250.00111473
18333333491807891025330.0030.250.00311584
18334333624807904125800.0030.250.0011565
18335333896807947924960.0030.250.011112103
18336335796807965422800.0650.51.135631109
18337335704807955023230.8832.18.31951194
18338335781807957922720.0050.50.139121137
18388336964807923121920.0030.250.01511373
18389337103807940123140.0030.250.01611480
18390337193807939023150.0030.50.77522175
18391337241807925622580.0030.250.01521491
18392337079807910321530.0050.250.01711889
18393337419807943922450.0030.70.0181136439
18394337439807942322420.0171.80.01918521420
18395337471807939922310.10854.30.325328607000
18396337506807938522210.0030.250.0211130283
18397337597807938121810.0030.250.016199608
18398337770807937820900.0070.80.04735161730
18399337817807939320730.00510.43532893
18400337859807939120630.0030.250.01711084
18402336255807923921220.0050.250.1071870
18403336150807935721740.0030.251.1352102382
18404336132807928821400.09411.30.4761343209
18405335914807953421170.040.70.31241688
18406335698807940523150.0050.250.544316121
18407337710807983322870.0070.250.014167220
18408337726807968622190.0030.250.022142170
18409337887807955621310.0030.70.235315110
18410337964807945321120.0120.50.22231971
18411337948807961920990.0030.250.01262126
18412335658807988022860.0092.90.56223176
18413336190807929921460.0170.50.761716157
18414334522807898524160.01513.12.0813095
18415336251807922721600.0030.250.02211086
18416334825808039924220.0030.250.021226106
18417334564808005724940.0030.250.007126125
18418334423807997324680.0030.250.00411565
18419334291807979724680.0030.250.00411783
18421334146807964224560.0030.250.00621380
18422334027807949824560.0030.250.00511074
18423334425807979924760.0030.250.00211581
18424334150807995424120.0030.250.006228125
18425334010807981923920.0030.250.0041871
18426333901807964824080.0030.250.0073453
18427333765807948224940.0030.250.01111283
18428333659807930424860.0030.250.00621458
18429333489807914825250.0030.250.00123379
18430333387807900725320.0030.250.00311957
18431334739807888324200.0030.250.0021321
18432333124807875424910.0030.25011320
18433332967807862424800.0030.25011220
18434332919807842124580.0030.250.00211836
18435334100808018923690.0030.250.003127128
18436333900807996523550.0030.250.0015915
18437333377807936824160.0030.250.012354166
18438333224807917323800.0030.250.00311363
18439333108807902624180.0030.250.0011871
18440332976807886324150.0030.250.001164132
18442334802807865623950.0050.50.0144581
18443334819807862523950.0090.250.01142141
18444334784807861423830.0030.250.011171926
18445332964807924623220.0060.250.00211145
18446333277807951623220.0030.250.01411690
18447333277807951623220.0050.250.01111798
18448333536807983223240.0030.250.00411393
18449332706807888823630.0030.250.00114689
18450332598807871323410.0030.25013569
18451332481807856223590.0030.25013044
18452333628807914625290.0060.250.18823387
18453332343807842123210.0050.250.00111817
18454332227807828527770.0050.250.00111350
18455332446807825923610.0030.250.00111132
18456332603807842023820.0030.25011770
18457332717807857024210.0050.250.00112137
18458332842807876524390.0030.250.00122246
18459333631807871024390.0030.250.00112145
18461333514807857123920.0030.250.00511070
18462333341807844723700.0030.80.00251213
18463333232807827323880.0030.250.00421167
18464332984807829024090.0030.2508715
18465333130807844624210.0030.250.00411376
18466333247807859024140.0030.250.00621662
18467333442807867624440.0030.25012059
18468333500807823923130.0030.250.0012715
18469333625807846823640.0030.250.00311339
18470333772807857923880.0030.250.00111346
18471333896807872024520.0030.250.001121154
18472333284807848923740.0050.250.00581243
18473333036807849724380.0030.2501911
18474333223807793723810.0030.25011423
18475333368807781223790.0030.250.00111420
18476333509807797223390.0030.250.0011930
18477333647807811522860.0030.250.00141964
18478333789807827923560.0030.250.00212096
18479333933807843223730.0030.250.00111891
18480334041807861024190.0030.250.002197120
18482334150807869724840.0030.250.00112258
18483334290807893424380.0050.250.0011342
18484334279807858124780.0030.250.0061562
18485334161807844024070.0030.2501104115
18486334028807830223210.0030.250.00111227
18487333932807812922990.0030.250.00111374
18488333783807795922900.0030.2501834
18489333654807782622720.0030.250.00111152
18490333526807765522880.0030.25011542
18491333396807749122490.0030.250.0011610
18492333588807769923030.0030.2501714
18493333515807742122200.0030.250.0012814
18494333664807753522590.0030.250.0013179
18495333774807767522240.0030.2502941
18496333931807781222540.0030.250.00111212
18497334018807798122680.0030.250.00111950
18498334152807812823110.0030.250128123
18499334273807829123540.0030.250.00211133
18501334405807842324300.0030.250.0031636
18502334924807871824070.0050.250.00711866
18503334835807857923910.0050.250.00811565
18504334678807843023370.0030.250.005114103
18505334588807830123580.0030.250.00411094
18506334419807813323690.0070.250.00761678
18507334295807795623450.0030.250.00411687
18508333972807779722370.0030.250.0011625
18509334039807736521970.0030.250.00111228
18510334178807750422030.0030.25011640

 

APPENDIX 2

JORC Code, 2012 Edition - Table 1

Criteria

JORC Code explanation

Commentary

Sampling techniques

  • Nature and quality of sampling (e.g. cut channels, random chips, or specific specialised industry standard measurement tools appropriate to the minerals under investigation, such as down hole gamma sondes, or handheld XRF instruments, etc). These examples should not be taken as limiting the broad meaning of sampling.
  • Include reference to measures taken to ensure sample representativity and the appropriate calibration of any measurement tools or systems used.
  • Aspects of the determination of mineralisation that are Material to the Public Report.
    In cases where 'industry standard' work has been done this would be relatively simple (e.g. 'reverse circulation drilling was used to obtain 1 m samples from which 3 kg was pulverised to produce a30 g charge for fire assay'). In other cases more explanation may be required, such as where there is coarse gold that has inherent sampling problems. Unusual commodities or mineralisation types (e.g. submarine nodules) may warrant disclosure of detailed information.
  • 333 rock chip and grab samples were collected in 2H 2024 from outcrops on an approximate 200 x 200m grid over an area of 9km2 in the northeast of the Cinto tenements. Within this area, where visible copper oxide mineralisation was observed, further samples were taken off- grid to outline zones of interest. Coordinate position and assay results of each sample are shown in Table 4, Appendix 1 of this ASX release. The samples are considered to be as representative as possible of the exposure albeit that, by their nature, chip and grab samples do not reflect the overall grade of mineralisation encountered. Samples were representatively hand-cobbed to approximately 2.5kg mass for lab submission. These samples complement 45 samples taken previously (see ASX Release dated 9 July 2024 ).
  • Within the rock sampling grid, 152 channel samples were taken from 10 separate channels of maximum and minimum field length 90.5m and 1.20m respectively. A total of 219.10m of channels were sampled (field length - see below for true length). Channel samples were taken on visible mineralisation exposures that were created by old (>50 years) small-scale workings or gully erosion. Channels 1-4, 6, and 9-10 exhibited old workings that were channelled. Within constraints of practicality, channels were sampled to cross mineralisation strike at a high angle and were designed to represent true widths. The channel samples were adjusted from sampled length to true length where exposure configuration caused curvature of the channel. Channels 1-4 and 6 were adjusted in this manner from GIS plans. Channels 5 and 7-10 are considered linear in the field and were not adjusted. Channel samples were taken in consistent fashion to maintain representative samples. In areas with old workings, usually more friable, the channels were dug approximately 10-20 cm wide by 10-20cm deep. In areas of natural exposure, the channels were chipped to 20-30cm wide by 5-10cm deep. Bulk samples were collected on a tarp. Sample lengths were usually 1.0m or 2.0m, or as short as 0.20m in a vein. Coordinate position and assay results of each channel sample are shown in Table 3, Appendix 1 of this ASX release. The coordinates are considered the centrepoint of the channel sample.

Drilling techniques

  • Drill type (e.g. core, reverse circulation, open-hole hammer, rotary air blast, auger, Bangka, sonic, etc) and details (e.g. core diameter, triple or standard tube, depth of diamond tails, face- sampling bit or other type, whether core is oriented and if so, by what method, etc).
  • No historical or new drilling has been reported in this announcement.

Drill sample recovery

  • Method of recording and assessing core and chip sample recoveries and results assessed.
  • Measures taken to maximise sample recovery and ensure representative nature of the samples.
  • Whether a relationship exists between sample recovery and grade and whether sample bias may have occurred due to preferential loss/gain of fine/coarse material.
  • No drilling reported herein.

Logging

  • Whether core and chip samples have been geologically and geotechnically logged to a level of detail to support appropriate Mineral Resource estimation, mining studies and metallurgical studies.
  • Whether logging is qualitative or quantitative in nature. Core (or costean, channel, etc) photography.
  • The total length and percentage of the relevant intersections logged.
  • No drilling reported in this announcement.
  • Rock chip and grab samples were logged and rock type lithologies, oxidation and quantities of, and types of, mineralisation noted. Channel samples are logged in a similar but continuous fashion to construct a strip log of the channel. All channels were logged, 10 in total, for a total of 219.10m of logging (field length) (100% logged).

Sub-sampling techniques and sample preparation

  • If core, whether cut or sawn and whether quarter, half or all core taken.
  • If non-core, whether riffled, tube sampled, rotary split, etc and whether sampled wet or dry.
  • For all sample types, the nature, quality and appropriateness of the sample preparation technique.
  • Quality control procedures adopted for all sub-sampling stages to maximise representativity of samples.
  • Measures taken to ensure that the sampling is representative of the in-situ material collected, including for instance results for field duplicate/second-half sampling.
  • Whether sample sizes are appropriate to the grain size of the material being sampled.
  • Systematic rock channel sampling was taken and separated on a tarp - usually up to 30-50kgs per linear metre. Samples were usually friable rock or chips of <3cm and were coned and quartered to produce samples of 3kgs for lab submission. Tarps and shovels/picks were cleaned after each sampling. Field duplicates were taken across a range of channel sample mineralisation and reported excellent correlation. The sample procedure and preparation is considered appropriate for the nature of the base metal mineralisation tested and its distribution throughout the sample.
  • Rock chip and grab samples taken were considered to be of appropriate size and representativity to ascertain if copper and or precious metal mineralisation is present at the outcrops.

Quality of assay data and laboratory tests

  • The nature, quality and appropriateness of the assaying and laboratory procedures used and whether the technique is considered partial or total.
  • For geophysical tools, spectrometers, handheld XRF instruments, etc, the parameters used in determining the analysis including instrument make and model, reading times, calibrations factors applied and their derivation, etc.
  • Nature of quality control procedures adopted (e.g. standards, blanks, duplicates, external laboratory checks) and whether acceptable levels of accuracy (i.e. lack of bias) and precision have been established.

All rock chips were assayed by ALS in Lima. Methods used were total assay of sample:

  • Preparation PREP31
  • Analysis Au-AA23 and ME-ICP61
  • Cu OG-62 for overlimit Cu >1%
  • Pb OG-62 for overlimit Pb >1%
  • Zn OG-62 for overlimit Zn >1%
  • Ag OG-62 for overlimit Ag >100ppm
  • OREAS standards, blanks, and field duplicates were inserted at appropriate intervals and reported within required ranges.

Verification of Sampling and assaying

  • The verification of significant intersections by either independent or alternative company personnel.
  • The use of twinned holes.
  • Documentation of primary data, data entry procedures, data verification, data storage (physical and electronic) protocols.
  • Discuss any adjustment to assay data.
  • All Solis data is verified by the Competent Person. Channel sample intersections have been checked by alternative company director with prerequisite experience. All data is stored in an electronic database and sample rejects are stored in company warehouses. Competent Person and alternative company director have visited the site during channel sampling and observed sampling techniques and quality control.
  • Channel sample intersections and widths were established.

Location of data points

  • Accuracy and quality of surveys used to locate drill holes (collar and down-hole surveys), trenches, mine workings and other locations used in Mineral Resource estimation.
  • Specification of the grid system used.
  • Quality and adequacy of topographic control.
  • All sample locations were captured using a handheld GPS in WGS84 19S.
  • Rock and chip samples are points. Channel sample intervals have their centrepoint as their GPS location.

Data spacing and distribution

  • Data spacing for reporting of Exploration Results.
  • Whether the data spacing and distribution is sufficient to establish the degree of geological and grade continuity appropriate for the Mineral Resource and Ore Reserve estimation procedure(s) and classifications applied.
  • Whether sample compositing has been applied.
  • No set sample spacing or pattern has been applied due to the preliminary nature of the sampling programme. Exposures of mineralisation were tested where found and not on a regular pattern. The distribution of the mineralisation allows commentary on potential scope of mineralisation but does not imply continuity.

Orientation of data in relation to geological structure

  • Whether the orientation of sampling achieves unbiased sampling of possible structures and the extent to which this is known, considering the deposit type.
  • If the relationship between the drilling orientation and the orientation of key mineralised structures is considered to have introduced a sampling bias, this should be assessed and reported if material.
  • Channel sample orientation was designed to cross mineralisation at a high angle where possible and appropriate in the exposures.
  • No bias has been introduced in current drilling and sampling.

Sample security

  • The measures taken to ensure sample security.
  • All samples are bagged onsite under supervision of Solis staff, all bags are then sealed and couriered to the relevant laboratories with all relevant submission documentation. All samples once received are logged into the lab and notice of each sample received is sent and cross checked with sample dispatch.

Audits or reviews

  • The results of any audits or reviews of sampling techniques and data.
  • There have been no detailed external audits or reviews undertaken.
  • Solis has conducted an internal technical review and site visit by the Competent Person and the alternative company director.

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240346

FAQ

What are the latest copper grades reported from SLMFF's Cinto Project?

The latest channel sampling results from the Cinto Project showed 23.4m @ 0.88% Cu (Channel 1) and 16.83m @ 0.52% Cu (Channel 6).

When will SLMFF begin drilling at the Cinto Project in Peru?

Solis Minerals plans to begin drilling at the Cinto Project in the second half of 2025, pending permits.

How large is the mineralized area at SLMFF's Cinto Project?

The potential porphyry style copper mineralization covers approximately 1.75 square kilometers, based on rock geochemistry and magnetic low geophysical anomaly.

What is the proximity of SLMFF's Cinto Project to Toquepala mine?

The Cinto Project is located 15km southeast of the Toquepala copper mine, which has a resource of 2,105mt @ 0.47% Cu.

What are the next exploration steps for SLMFF at Cinto?

The company is planning an Induced-Polarisation (IP) survey to define drill targets and has initiated the permitting process for drilling.

Solis Minerals Ltd

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