Soltera Mining - WKN A0MTAL

  • Soltera Mining Corp. Expands its Major Golden Opportunity Geochemical and Structural Survey Results from El Torno, Argentina
    Friday April 11, 4:46 pm ET



    JUJUY, ARGENTINA--(MARKET WIRE)--Apr 11, 2008 -- Soltera Mining Corp. (OTC BB:SLTA.OB - News)(Frankfurt:SN7.F - News) 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.
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    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.


    About Soltera Mining Corp.


    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 http://www.solteramining.com.


    On Behalf Of The Board


    Fabio Montanari, President/CEO

  • Soltera Mining Corp. Further Defines its Major Golden Opportunity


    2008-04-16 16:15 ET - News Release
    JUJUY, ARGENTINA -- (MARKET WIRE) -- 04/16/08
    [Blockierte Grafik: http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=387587&ProfileId=051205&sourceType=1]

    Soltera Mining Corp. (OTCBB: SLTA)(FRANKFURT: SN7) - Based on numerous shareholder and investor enquiries, Soltera wishes to further define its El Torno gold property in Argentina. The property consists of mining rights covering 7,863 hectares, containing a 14 km long north-south gold-quartz vein system with an identified 2 km section containing 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 (based on previous non-NI-43-101 compliant reports).


    President and CEO, Dr. Fabio Montanari, stated, "Based on previous sampling and drilling by Penoles Minerals and Puma Minerals in the late 1990s, a report was done in 2000 entitled Considerations Regarding The El Torno Prospect clearly delineating a 500,000+ ounces gold opportunity on a portion of the property and then goes on to extrapolate these results over the rest of the strike zone to conclude that there may be a 2,000,000+ ounces of gold potential at El Torno. The report also states that the geological structure is similar to those at the Bendigo and Ballarat goldfields in Australia, which have each produced in excess of 20,000,000 ounces of gold. I want to stress that the report and the previous work done are non-NI-43-101 compliant but having said that, when you add the recently announced geochemical and structural survey results which not only appear to expand on the main vein system but have also identified brand new and very large strong anomalies, we feel that the previous conclusions of the report could be substantially increased. Our objective is to have the El Torno gold project ready to start feasibility studies by the end of 2008."


    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 Announces Geochemical Results from Real de Cananea, Mexico


    Sonora, Mexico – April 22, 2008 - Soltera Mining Corp. (OTCBB: SLTA; FRANKFURT: SN7) is pleased to announce that it has completed its first phase of geochemical surveying on the Real de Cananea property in Mexico.


    The property consists of three mining claims totaling 1,030 hectares located in the north east of Sonora State, Mexico, approximately 40 km from the Arizona (USA) border. They are on the line of a major NNW-SSE structure that is characterized by gold-bearing fractures trending sub-parallel to the main structure.


    Within the claim area, there is a broad fracture zone made up of multiple sub-parallel and en echelon gold-bearing quartz-hematite-quartz veins throughout an area at least 270m wide and more than 400m long. The country rocks are Cretaceous volcanics that show intense alteration near the fault zone.


    In the centre of the property is a small underground mine that has apparently been worked intermittently since before the Spaniards until the early 1900s. There are also surface trenches and pits that reach depths up to 20 meters below surface. The mine was probably abandoned due to difficulties obtaining sufficient water (the nearest supply is 8 km away) rather than a drop in ore grade.


    Gold occurs both in the fracture system quartz veins and disseminated in the altered country rocks. Reconnaissance sampling carried out in 2006 reported widespread gold averaging around 2 gpt (grams per ton) with individual samples up to 112 gpt. Soltera’s objective is to determine the potential for large-scale open pit mining of both the disseminated and uppermost part of the fracture zone vein gold. The area is large enough in scale to accomodate more than one million ounces.


    In this context, Soltera carried out a stream geochemical survey covering 600 hectares of the property to give a broad idea of the gold distribution. More than 100 stream sediment samples were taken and analysed for a wide range of elements in Canada. The results show several good gold anomalies including one very strong and well structured anomaly that covers an area of some 2 square kilometres. This is a particularly significant exploration target.


    This reconnaissance geochemical work will be followed by a more detailed program of stream and soil geochemistry together with geophysical surveys over the anomalous areas. The objective is to provide precise drill targets for later this year.


    About Soltera Mining Corp. 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 http://www.solteramining.com.


    On Behalf Of The Board


    Fabio Montanari
    President/CEO
    Soltera Mining Corp.
    1-888-768-5552
    info@solteramining.com
    http://www.solteramining.com

  • Beim JV Partner TNR gefunden


    EUREKA


    The 10,192 hectare historic Eureka mine property, an exotic copper-gold prospect, is located in the Jujuy Province of northwestern Argentina near the border with Bolivia.


    The company has recently completed a regional stream sediment sampling program over the entire property. In total 557 samples were sent to Act Labs in Ontario. Dr. Riva, a sedimentologist was hired to conduct the geological mapping and gain an understanding of the mineralization events on the property. We anticipate his final report will be ready in approximately a month. Phase II Exploration will commence upon receipt of permits and will include trenching and underground sampling.

  • Soltera Mining Corp.: Geochemical Results Confirm and Increase Major Gold Anomalous Zones at El Torno, Argentina
    Dr. Fabio Montanari, President and CEO of Soltera Mining Corp. (PINK SHEETS: SLTA)(FRANKFURT: SN7), is pleased to announce that the results of a detailed geochemical survey at El Torno, Soltera's flagship gold property in Argentina, are now available.
    El Torno is located in the Andean Cordillera near the international border with Bolivia. The property, which covers approximately 79 square kilometers, contains a set of very large gold-bearing quartz veins that extend intermittently for at least 14 km north-south within metamorphosed sedimentary rocks of Ordovician age.
    The central parts of the western vein system have been worked since the Inca Period and there are more than 1,000 m of underground galleries. 2,100 m of drilling in 1997 showed that a 2 m thick zone on the west side of the vein carries up to 37 gpt (grams per tonne) gold and suggested that there is potential for several million ounces along the full length of the vein. Samples of country rock some distance from the main vein have also shown up to 112 gpt gold (historical results not NI 43-101 compliant).
    Soltera has carried out two gold geochemical surveys. The first was reconnaissance and consisted of 596 stream sediment samples that covered about 100 square kilometers. The results showed a series of anomalies extending the full 14 km length of the vein system together with several broad anomalies in the country rocks up to 2 km away from the main vein. This survey was reported in an April 2008 press release.
    The second focused on the anomalies identified by the first survey and consisted of around 1,000 samples covering an area of about 15 square kilometers. The results were excellent and confirmed the presence of a major gold anomalous zone about 5 km north-south and up to almost 2 km wide centered on the vein system but extending well beyond the vein into the country rocks on either side. There is also a separate anomalous area of about one square kilometer located about 1 km east of the main vein in the south.
    These well structured and strong anomalies suggest that gold is dispersed in zones throughout the country rocks around the vein system and they form precise and important exploration targets for possible open-pit mineralization. In this respect, they differ from the vein mineralization where the target is gold-rich quartz veins which would require underground mining. Both types of target are large-scale.
    The next step is to carry out a two-pronged exploration program on both the geochemical anomalies and the main vein system. The geochemical anomalies will be tested by a limited geophysical survey, surface sampling and trenching, and shallow drilling. The vein system will be tested also by a geophysical program, followed by mapping of the old gold workings and a limited program of diamond drilling.
    Soltera is currently in the process of raising funding to carry out these programs.

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