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home / news releases / SLM - Solis Minerals identifies new pegmatite drill targets at Borborema


SLM - Solis Minerals identifies new pegmatite drill targets at Borborema

(NewsDirect)

Solis Minerals Ltd(ASX:SLM, TSX-V:SLMN, OTCQB:SLMFF) exec director Matt Boyes givesProactive an update on exploration activities at the Estrellaprospect, within the Borborema Project area and the Jaguar Project,with two more drill rigs en route to explore the assets. The projectsare in Brazil, an increasingly important exporter of lithium tobattery manufacturers. Both projects cover highly prospective,hard-rock lithium ground as verified by early-stage reconnaissancemapping and sampling. At Borborema’s Estrella prospect, Solis hasidentified three large outcropping pegmatites with confirmed presenceof spodumene. Float and rock chip samples confirmed these pegmatitebodies are lithium-bearing, with assay results of up to 7.6% lithiumoxide.

Boyessaid: “We are pleased to advise that exploration at the BorboremaProject is delivering on expectations, yielding positive results fromthe preliminary reconnaissance mapping program.

“The identificationof three new lithium-bearing outcropping pegmatites and rock chipsamples returning up to 7.60% lithium oxide, is highly encouraging.The team is looking forward to completing the full geochemical soilprogram in the area, and then drilling the three outcropping pegmatitedykes.”

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

jonathan@proactiveinvestors.com

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Stock Information

Company Name: SLM Corporation
Stock Symbol: SLM
Market: NASDAQ
Website: salliemae.com

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