Solis Minerals (ASX:SLM) has lodged applications for new exploration concessions surrounding its Cucho Copper Project in southern Peru, expanding the project area by an additional 4,000 hectares.
The expanded landholding strengthens Solis’s position in a highly prospective copper district, now lying immediately adjacent to Fortescue’s (ASX:FMG) exploration ground to the northeast. Other major players in the region include Element 29 Resources (TSX-V:ECU) and Vale (NYSE:VALE), both advancing advanced copper projects nearby.
Solis Minerals CEO Mitch Thomas said the expansion underscores the company’s confidence in the Cucho project’s potential.
“Our team is energised and focused on delivering value through disciplined, high-impact exploration,” Thomas said.
“Cucho complements a very active period of exploration for Solis Minerals, with Ilo Este being drilled currently, Cinto planned to commence in December 2025, Cucho in Q2 2026, and then Canyon.”
Solis plans to develop 20 drill pads across the Cucho property, targeting the central, western, and northeastern zones of the known mineralised system. The upcoming drill program will test several high-priority geophysical and geochemical anomalies, including zones that remain untested by historical drilling.
The company has also initiated permitting processes for the new drill program and is advancing detailed 3D geological modelling to refine its understanding of the porphyry system.
The Cucho Copper Project hosts drill-defined copper mineralisation from surface, supported by extensive historical datasets and geological indicators consistent with a district-scale porphyry system.
Solis Minerals said the recent concession applications are aimed at capturing potential extensions of the mineralised corridor and strengthening its strategic position in one of Peru’s most promising copper belts.
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