Solis Minerals Limited has advanced its exploration work at its Chancho al Palo project in Peru with encouraging results from its drilling program. A second diamond drill hole, reaching 697 meters deep, has intersected visible copper mineralisation along with traces of gold. This follows an earlier drill hole that revealed both iron oxide copper-gold (IOCG) and porphyry style mineralisation. The technical program is designed to test various geophysical targets, including coincident magnetic and induced polarisation anomalies, and to map alteration systems and structural controls that may direct the control of the mineralisation. Notably, a core sample from 49.20 meters showed tourmaline/specularite breccia with malachite, visually estimating about 0.5% copper, while additional intersections along the drill hole hint at a complex mineralised system. Technical efforts at Chancho al Palo are focused on confirming geological interpretations derived from chargeability and magnetic anomalies. The drilling campaign aims to delineate the extent and geometry of hydrothermal alteration zones, uncover potential cross-fault structures, and validate zones showing evidence of both copper and gold mineralisation. The project benefits from its location in the coastal copper belt of Peru, close to major smelters and mines, which provides excellent infrastructure support. Assays from samples are expected to be released by ALS Global in July or August 2025, which will further clarify the grade and extent of the mineralisation. Solis Minerals Limited also updated its tenement portfolio following the latest renewal and bidding processes. The company now holds 74 tenements totaling 63,400 hectares across key projects including Ilo Este and Ilo Norte, ensuring focused control over exploration areas with high-value prospects. While some tenements were not renewed or acquired due to lower geological potential or access concerns, the company retains full ownership over its most promising concessions. There is a bullish sentiment surrounding these developments. The presence of both IOCG and porphyry mineralisation styles, alongside robust geophysical anomalies and definite alteration features, underlines the potential for a significant copper-gold system. Proximity to well-established mining infrastructure further bolsters the project's prospects. On the other hand, the bearish perspective emphasizes that these findings remain in the early stages, with laboratory assays pending confirmation of the visual estimates. As is typical with exploration projects, uncertainty remains regarding the economic viability until further drilling and assay data provide a clearer picture. Beginner traders should therefore weigh the potential for significant upside against the standard risks inherent in early-stage exploration.