04:03 PM EDT, 05/22/2025 (MT Newswires) -- Solis Minerals ( SLMFF ) closed slightly lower, but nearer 52 week lows on Thursday, after announcing updates concerning three of its copper-gold projects in Peru.

Among highlights, the company said a 2,500 metre drill programme will commence over the next few days at its 100% owned Chanco al Palo copper-gold project in Peru, targeting a range of porphyry and iron oxide copper-gold targets.

It also said an Ilo Este mining agency drill permit was approved, with a diamond drilling program expected to commence in June 2025, targeting highly prospective copper targets, and added an induced polarisation survey at the Cinto copper-gold project was near completion.

Shares of the company were last seen down $0.005 at $0.08 on the TSX Venture Exchange.