Solis Minerals Ltd. provided further updates in relation to the current diamond drilling campaign at the company's Mostazal Copper Project in Chile (Mostazal or project). Drilling of the company's third diamond hole MODD003 is now complete, and logging indicates that the hole has potentially intersected a large, deep copper sulphide mineralization system of over 250m in thickness, with the field team logging pyrite, chalcopyrite, bornite and chalcocite sulphides occurring as amygdales, disseminations, fracture fillings, or in veinlets throughout this zone. The significance of this sulphide mineralization is under assessment by the company's geology team, with detailed logging underway and assays yet to be received.

Hole MODD003, a deep vertical hole (drilled to 528m) to the southeast of the previous two holes drilled by the company, was designed to test a broad IP geophysical target which the company has interpreted to represent a potential feeder system for the widespread near surface manto copper mineralization. Third diamond hole continues to demonstrate a very large copper system has been discovered at Mostazal, with the first three diamond holes intersecting 250m­444m wide mineralized zones: 362m copper mineralized zone (from surface) in hole 1, 444m copper mineralized zone (from surface) in hole 2, +250m copper mineralized zone (from 256m) in hole 3, The scale of the surface manto copper system has been considerably enhanced by Solis' early drilling. Plans underway to expand the drilling program based on exceptional early drilling success.

Assay results from samples are expected in March. Solis to verify historical drilling of the area to assist in establishing a JORC /NI 43-101 Mineral Resource for the surface manto copper system.