Soltoro Ltd. (TSX VENTURE:SOL) participates in discoveries and advancements at
Coyote through its approx. 15% equity holding in Argentum Silver Corp. (TSX
VENTURE:ASL) and its retained 3% N.S.R. royalty interest in the Coyote property.


Argentum Silver has received an independent study and evaluation on a 600 metre
portion of the El Tajo vein at the Coyote Silver Project in Jalisco, Mexico. The
report states a minimum target potential of between 482,000 and 876,000 tonnes
at a cut-off grade between 50 and 20 grams per tonne, for a potential of between
4,000,000 and 5,000,000 ounces silver.


At the Coyote Project, the El Tajo Vein has been traced on surface over 1.1 km.
In 2012, Argentum Silver drill tested the high-grade El Tajo silver vein over a
600 metre strike length with 25 diamond drill holes for a total of 3,013 metres.
The drilling was designed to demonstrate thickness and grade continuity along
strike, with drill holes and section fences roughly 50 metres apart and a
vertical distance of 140 metres. Results from the independent target deposit
estimate prepared by GeoVector Management Inc. ("GeoVector") are as follows: 




           Target Deposit Calculations - El Tajo Vein - April 2013          
----------------------------------------------------------------------------
                                                                            
 Potential Tonnage       Cut-off          Silver (Ag)      Potential Silver 
       Range           Grade Range           Range            Inventory     
      (tonnes)            (gpt)              (gpt)             (ounces)     
----------------------------------------------------------------------------
                                                                            
 482 - 876 Thousand      20 to 50           67 - 95       4.0 to 5.0 Million
----------------------------------------------------------------------------



Andrew Thomson, President and C.E.O. of Soltoro Ltd., stated: "Argentum Silver
has demonstrated that the historic El Tajo mine at Coyote hosts the potential
for an underground high-grade silver deposit with minor gold and base metal
credits. El Tajo only represents one vein system on the Coyote property with 6
other vein systems totalling over 6.6 km of total strike length yet to be
thoroughly tested. High grade, low capex, high margin precious metal deposits
are more attractive in the current marketplace due to investors appetite for
near term cash flow."


Technical Analysis 

Geo Vector of Nepean, Ontario was contracted to conduct an independent
assessment of the deposit based on information from 25 diamond drill holes,
drilled in 2012. The database includes drill hole locations, whole orientations,
lengths and survey data, down-hole lithology information and assay data from ALS
Chemex, for the 25 holes.


Geo Vector calculated a range of potential target deposits estimates, to reflect
multiple mining scenarios. These ranges were calculated using 20-50 g/t Ag
cut-off grades for the "bulk" modeled scenario, and 50-150 g/t for the "high
grade" modeled scenario. In the bulk modeled and high grade modeled scenarios
and minimum width of 4.5 metres to 3.0 metres were used respectively.


The independent report concluded that, "To further test El Tajo's potential it
is suggested that Argentum should carry out a program of aggressive drilling,
looking +/- 100 metre down dip below current drilling, and on 100 metre sections
extending along strike in both the northeast and southwest directions. Argentum
has excellent potential to increase its high-grade tonnage base, both down dip
and along strike. It is conceivable, based on current drilling and the
mineralized trend indicated on Argentum's map that expansion drilling could
bring the total El Tajo mineralized structure to approximately 1.0 km long and
to a depth of 250 metres."


The reader should be cautioned that the potential quantities and grades
reflected above and in the target deposit potential table are conceptual in
nature, that there has been insufficient exploration to define mineral resources
and that it is uncertain if further exploration will result in the target being
delineated as a mineral resource. 


The Coyote project is located near the town of Chilicayote, within the state of
Jalisco, Mexico. Road access and infrastructure are excellent. The property is
approximately 150 linear kilometres southwest of the capital city of
Guadalajara, and roughly a 3 1/2 hour drive. Topography is generally gentle to
moderate. A regional electrical power line crosses the property. 


Soltoro is engaged in exploration for bulk tonnage gold and silver deposits in
Mexico. Soltoro holds an interest in an excess of 55,000 hectares of ground in
Jalisco State. Soltoro is focused on expanding silver resources at the El Rayo
silver project while seeking partners to advance the balance of its projects.
Soltoro holds 15% of the common shares of Argentum Silver Corp. with a 3% N.S.R.
payable on Argentum Silver's Victoria and Coyote properties. Soltoro's La
Tortuga project is under option to Gold Reserve Inc. Soltoro has 59,783,037
shares outstanding and trades on the TSX Venture Exchange under the symbol SOL.
Coeur d'Alene Mines Corp. holds 4.5 million shares of Soltoro Ltd.


This communication to shareholders and the public contains certain
forward-looking statements. Actual results may differ materially from those
indicated by such statements. All statements, other than statements of
historical fact, included herein, including, without limitations statements
regarding future production, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Soltoro Ltd.
Andrew Thomson
President
(416) 987-0722
www.soltoro.com

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