Solis Minerals Ltd (ASX: SLM) (TSXV: SLMN) (OTCQB: SLMFF) (FSE: 08W) has announced the completion of its maiden drilling programs at the Estrela and Mina Vermelha lithium pegmatite projects in Borborema, Brazil. The program covered a combined drilling of 3,691 meters.
Drilling Update at Estrela and Mina Vermelha
Executive Director, Matthew Boyes, stated that despite early potential, initial results from the first eight holes drilled did not yield significant lithium findings. The company awaits assay results for the remaining 16 holes.
Geochemical Sampling Advances
A regional geochemical soil program is halfway complete, with assay results poised to guide future drill target identification within Solis Minerals’ extensive tenement holding.
Exploration and Funding Outlook
Solis Minerals continues to review potential project acquisitions and remains well-funded with approximately AUD $7M available for future endeavors.
The company plans to announce further exploration progress and project updates as results become available.
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