{"id":2489,"date":"2026-05-01T00:54:06","date_gmt":"2026-05-01T00:54:06","guid":{"rendered":"https:\/\/www.europesays.com\/australia\/2489\/"},"modified":"2026-05-01T00:54:06","modified_gmt":"2026-05-01T00:54:06","slug":"solis-orbits-copper-and-lithium-exploration-riu-sydney","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/australia\/2489\/","title":{"rendered":"Solis orbits copper and lithium exploration: RIU Sydney"},"content":{"rendered":"

Solis Minerals<\/a> (ASX:SLM) will make its 2026 priorities clear at this year\u2019s RIU Sydney Resources Round-Up<\/a>, CEO Mitch Thomas tells Mining.com.au ahead of the conference.\u00a0<\/p>\n

While reconnecting with existing shareholders and meeting new investors, Solis will explain its plan to conclude the year, including exploration and potential discovery across the company\u2019s copper and lithium targets.<\/p>\n

Solis\u2019 main targets are at its Cinto and Cucho copper projects in Peru, along with the company\u2019s lithium exploration portfolio in Brazil.<\/p>\n

\u201cRIU is a key event on the calendar \u2014 it has very high-quality attendees, companies, and supporting announcements in the lead-up,\u201d Thomas says.\u00a0<\/p>\n

\u201cBlending the West Australian-based companies with east coast investors creates a very productive environment.\u201d<\/p>\n

Held at the Hyatt Regency Sydney from 5\u20137 May 2026, the RIU Sydney Resources Round-Up acts as a forum for corporate mining investors.<\/p>\n

Thomas will be presenting on behalf of Solis at the conference on Wednesday 6 May at 4.10pm AEST.<\/p>\n

He describes the event as a \u201cvery efficient way\u201d to get an idea of emerging companies and good ideas, with increased access to management and investors.<\/p>\n

Solis will hold a number of meetings and lunches throughout the week, including its investor lunch in Melbourne to end the event week.<\/p>\n

South American assets<\/p>\n

Solis recently expanded its exploration pipeline with the acquisition of the Brazil Lithium Project in Minas Gerais, as reported<\/a> by Mining.com.au.<\/p>\n

The company acquired the asset for a total purchase price of US$500,000 ($694,161.4) from mining giant Rio Tinto<\/a>\u2019s (ASX:RIO) subsidiary, Desenvolvimentos Minerais.<\/p>\n

The consideration will be paid on the signing of binding agreements, with Rio Tinto retaining a 1.75% net smelter return royalty for the project area.\u00a0<\/p>\n

Solis will conduct its due diligence on the project over a 14-day period, with legal ownership of concessions to be transferred upon completion.\u00a0<\/p>\n

Over in Peru, the company has two assets it is focused on this year.<\/p>\n

Located in the southern Peruvian Copper Belt, the Cinto Copper Project comprises seven tenements across 3,200 hectares and is located 15km southeast of the Toquepala Mine.<\/p>\n

Meanwhile, the Cucho Copper Project is situated 183km north-northwest of Lima, located in low-relief desert terrain.<\/p>\n

Solis describes Cucho as a \u201ccompelling exploration and development opportunity\u201d, which has historical datasets, drill-defined copper mineralisation from surface, and geological indicators of a \u2018district-scale\u2019 mineralised system.\u00a0<\/p>\n

Thomas expected the mining sector to perform \u201cvery well\u201d for the remainder of this year.<\/p>\n

\u201cThere has been a deficit of exploration spend on energy transition metals, and that bodes well for forward-looking copper and lithium prices,\u201d Thomas explains.<\/p>\n

Trading Economics reports<\/a> copper at US$5.97 per pound as of today (1 May), representing a 30.29% increase year over year. Lithium has seen a dramatic 163.79% increase year over year, marked at \u00a5177,000 ($35,979.2) per tonne today.<\/p>\n

Solis Minerals is a mineral explorer focused on uncovering discoveries with potential for copper mineralisation in South America.\u00a0<\/p>\n

Mining.com.au is a media partner for the RIU Sydney Resources Round-Up conference and will be in attendance at this year\u2019s program.<\/p>\n

Write to Maddison Elliott<\/a> at Mining.com.au<\/a>\u00a0\u00a0\u00a0<\/p>\n

Images: Solis Minerals<\/p>\n","protected":false},"excerpt":{"rendered":"Solis Minerals (ASX:SLM) will make its 2026 priorities clear at this year\u2019s RIU Sydney Resources Round-Up, CEO Mitch…\n","protected":false},"author":2,"featured_media":2490,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[3708,1923,1921,3709,3710,1922,247],"class_list":{"0":"post-2489","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sydney","8":"tag-brazil","9":"tag-conference","10":"tag-event","11":"tag-exploration","12":"tag-peru","13":"tag-riu","14":"tag-sydney"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts\/2489","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/comments?post=2489"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts\/2489\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/media\/2490"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/media?parent=2489"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/categories?post=2489"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/tags?post=2489"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}