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An update from Solis Minerals Ltd Registered Shs ( (AU:SLM) ) is now available.
Solis Minerals has mobilised its Brazilian exploration team to the Mandacaru and Campo Grande lithium prospects in Minas Gerais, initiating target refinement, land access agreements and planning for drill-rig deployment. The projects, part of the recently acquired Brazil Lithium Project from a Rio Tinto subsidiary, sit next to Pilbara Minerals’ tenure and benefit from substantial historical work.
Geochemical and geological data from Rio Tinto, including soil, auger and rock-chip programs, confirm both Mandacaru and Campo Grande as high-confidence, drill-ready lithium targets with strong LCT pathfinder signatures comparable to those that preceded the Colina discovery. With a former senior Rio Tinto geologist consulting, surface work on the two nearby targets is advancing in parallel and initial drilling is planned for June 2026, positioning Solis to pursue near-term discovery potential in a leading global hard-rock lithium belt amid supportive spodumene prices.
More about Solis Minerals Ltd Registered Shs
Solis Minerals Ltd is an ASX-, OTC- and Frankfurt-listed exploration company focused on hard-rock lithium projects in Brazil’s Araçuaí–Salinas Lithium Valley. The company targets spodumene-bearing lithium deposits adjacent to major regional players such as Sigma Lithium and Pilbara Minerals, leveraging its team’s prior exploration and development experience in the district.
Average Trading Volume: 5,623,968
Technical Sentiment Signal: Buy
Current Market Cap: A$20.99M
See more data about SLM stock on TipRanks’ Stock Analysis page.