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Be the first with the news that moves the market- Solis Minerals (TSXV:SLMN) has begun the maiden drilling program at its flagship Jaguar Lithium Project in Bahia state, Brazil
- The first drill hole is targeting down dip extension of outcropping pegmatite in artisanal workings and is scheduled to be complete by end of June
- The maiden drill program is designed to test depth and strike extent of known Jaguar pegmatite
- Solis Minerals Ltd. (SLMN) opened trading at $0.80 per share
Solis Minerals (TSXV:SLMN) has begun the maiden drilling program at its flagship Jaguar Lithium Project in Bahia state, Brazil.
The first drill hole is targeting down dip extension of outcropping pegmatite in artisanal workings and is scheduled to be complete by the end of June. The initial program is expected to take 90 days.
The maiden drill program is designed to test depth and strike extent of known Jaguar pegmatite.
The company’s executive director, Matt Boyes, said in a news release that the drilling program at Jaguar began a mere 22 days after executing the option agreement over the project.
“The program is designed to provide our first indication of the potential strike, depth and thickness, along with confirmation of mineralisation style and grade,” Boyes said. “It’s an extremely exciting time for the company and its shareholders, as we drill at a previously underexplored pegmatite in what we hope will become Brazil’s next major lithium province. I look forward to arriving on site as the first core is pulled from our maiden drill hole.”
Solis Minerals is a Latin American battery mineral-focused mining exploration company. The company also owns a 100 per cent interest in the Borborema Lithium Project in northeast Brazil, covering 248 square kilometres.
Solis Minerals Ltd. (SLMN) opened trading at $0.80 per share.
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