Message #1 From:
Jason Date: April 13, 2008 01:34:09 PM
Soltera Mining Corp. Expands its Major Golden Opportunity Geochemical and Structural Survey Results from El Torno, Argentina
Soltera Mining Corp. (OTCBB: SLTA)(FRANKFURT: SN7) Soltera wishes to
announce the results of geochemical and structural surveys on the El
Torno gold property in Argentina. The property, consisting of mining
rights covering 7,863 hectares, contains a 14 km long north-south
quartz vein system that cuts metamorphosed sedimentary rocks. A central
part of the vein shows old workings, and drilling by Puma Minerals and
Penoles in the late 1990s over about 1 km discovered a gold rich zone
on the western side of the vein carrying up to 37 gpt (grams per ton)
gold and identified stockwork systems in the country rock with up to
112 gpt gold.
Soltera undertook stream sediment sampling throughout the whole
property as a first check to establish whether only the central part of
the vein system was gold-rich. The country is rolling highland
dissected by streams, so is well suited for this type of survey. A
total of 596 samples were collected at selected locations on stream
courses and the -80 mesh fractions analysed in Canada.
The results show a series of distinct, very strong anomalies
extending the full 14 km length of the vein system, and also up to 2 km
away where they appear to be centred over large areas of vein suites
and stockworks in the country rocks. One of these anomalies alone is 2
km long by 1.5 km wide. This indicates that the gold mineralization is
far more extensive than previously thought and offers the distinct
possibility of wide mineralised areas of country rock that could form
previously unrecognised large-scale open-pit targets.
The structural study concentrated on parts of the main vein system
exposed at surface and in the old mine workings. The results suggest
that the structure is broader and more complex than the simple vertical
vein interpreted by previous workers. In fact, the re-interpretation
suggests that the gold-bearing quartz could be concentrated in
anticlinal structures, rather similar in character to those of the
Bendigo and Ballarat gold fields in Australia. This opens up the
possibility that the mineralised system could be much more extensive
than previously thought and that there may be repetitions of the vein
at depth. If this proves correct, the earlier non NI-43-101 compliant
Penoles Minerals estimate of more than 500,000 ounces of gold to 100
metres depth could be increased very substantially.
More detailed geochemical surveys will shortly be underway to define
more precisely the anomalies, and these will be followed by geophysical
surveys to define precise drill targets.
Soltera Mining Corp. is an aggressive exploration company
concentrating on carefully selected gold and base metal properties in
Argentina, Mexico and Canada. All exploration projects are run
personally by Soltera's President, Dr. Fabio Montanari. Living in
Argentina with frequent visits to Mexico, Dr. Montanari has a hands-on
approach to operations. He is supported by an administrative office in
Canada. The Company's objective is to have the El Torno gold project
ready to start feasibility studies by the end of 2008. For more
information please visit www.solteramining.com.
On Behalf Of The Board
Fabio Montanari, President/CEO
Safe Harbor Statement: Certain statements contained herein are
"forward-looking" statements (as such term is defined in the Private
Securities Reform Act of 1995). Because such statements include risks
and uncertainties, actual results may differ materially from those
expressed or implied by such forward-looking statements. Information or
opinions in this document are presented solely for informative purposes
and are not intended nor should be consrued as investment advice. We
encourage you to carefully review the Company with your investment
advisor and verify any information that is important to our investment
decision.
