Soltoro Ltd. (TSX VENTURE:SOL) has been conducting trenching northwest of the El
Rayo gold zone which has extended mineralization by approximately 70 metres
along strike at surface. This represents approximately a 10% increase in the
strike length of known mineralization in the El Rayo gold zone. 


In April of 2014, detailed mapping and ground magnetics were completed north and
northwest of trench ERY-13 (16.97 metres of 3.45 g/t gold in NR162 dated April
12, 2014) in order to locate the strike extension of the El Rayo gold zone. On
the basis of this work, three trenches were completed with the best result
coming from trench ERY-19, which returned 24.00 metres of 2.09 g/t gold where
mineralization remains open in both directions. Results from all three trenches
are as follows:




----------------------------------------------------------------------------
                       SAMPLE           FROM:     TO:                       
TARGET AREA           TYPE(1)  TRENCH     (m)     (m) WIDTH(2) (m)  Au (g/t)
----------------------------------------------------------------------------
El Rayo Gold Zone N     Chip-  ERY-18   11.60   24.00        12.40      0.29
                      Channel                                               
----------------------------------------------------------------------------
El Rayo Gold Zone N     Chip-  ERY-19    0.00   24.00        24.00      2.09
                      Channel                                               
----------------------------------------------------------------------------
                    including  ERY-19    7.10   21.20        14.10      2.74
----------------------------------------------------------------------------
                    including  ERY-19   16.10   21.20         5.10      3.98
----------------------------------------------------------------------------
El Rayo Gold Zone N     Chip-  ERY-20    0.00   15.60        15.60      0.79
                      Channel                                               
----------------------------------------------------------------------------
                    including  ERY-20    4.20    6.30         2.10      1.38
----------------------------------------------------------------------------
                    including  ERY-20    8.10   10.90         2.80      1.19
----------------------------------------------------------------------------
(1) Channel samples are continuous samples cut with a portable rock saw     
    while chip-channel samples are continuous samples taken with a rock     
    hammer and chisel.                                                      
(2) Widths are reported as sampled widths.                                  



Andrew Thomson, President and C.E.O. of Soltoro Ltd., stated: "Trenching has
extended the gold zone 70 metres to the north where a series of faults
intersects the mineralized structure. Further trenching will be carried out to
locate mineralization northwest of the offsetting fault zone and to extend the
length of trench ERY-19 where mineralization remains open in both directions." 


The lack of outcrop and series of cross-cutting faults in the recently trenched
north end of the El Rayo gold zone would suggest that gold mineralization in
this portion of the El Rayo structure is controlled by a flexure in the primary
northwest-trending structure or by the intersection of this structure with a
more northerly-trending fault zone. Drilling in this area has not confirmed the
extension of mineralization at depth but this may be the result of fault gaps
created by post-mineral faulting. Additional drilling will be required to
determine the extent of the newly identified gold mineralization at depth. 


Detailed ground magnetics also suggest that the El Rayo gold zone structure may
be offset a few tens of meters to the southwest along a northeast-trending fault
located between trenches ERY-18 and ERY-19. Soltoro will continue exploring in
this area in an effort to locate the offset portion of the El Rayo gold zone
structure. 


A claims location map and trenching results map may be viewed at:
http://www.soltoro.com/projects/pdf/NR164maps.pdf


INITIAL GOLD RESOURCE AT EL RAYO 

At El Rayo an initial gold resource of 22,600 Indicated ounces of gold contained
in 380,000 tonnes averaging 1.85 g/t gold and 18,900 Inferred ounces gold
contained in 365,000 tonnes averaging 1.61 g/t gold has been defined over
approximately 700 metres of strike length in proximity to the historic El Rayo
gold mine. The historic El Rayo gold mine lies along the same northwest-trending
structure that also controls silver-lead mineralization at the historic Catarina
Mine.


QUALIFIED PERSONS

Mr. Steven T. Priesmeyer, C.P.G., is Vice President Exploration for Soltoro Ltd.
He is a qualified person as defined by NI 43-101 and he has reviewed the
geological contents of this press release. Assays reported for exploration
results were completed by ALS Geochemistry through their office in Guadalajara,
Mexico. Analytical procedures include a 33 element ICP-AES analysis (ME-ICP61m)
and a 50 g FA AA finish for gold (AA-24). Silver assays exceeding 100 g/t are
re-assayed by HCL leach with an ICP-AES or AAS finish (OG62).


ABOUT SOLTORO

Soltoro is engaged in exploration for gold and silver deposits in Mexico.
Soltoro holds in excess of 30,000 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 69,533,037 common share issued and
outstanding and trades on the TSX Venture Exchange under the symbol "SOL".


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. 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

(TSXV:SOL)
過去 株価チャート
から 5 2024 まで 6 2024 のチャートをもっと見るにはこちらをクリック
(TSXV:SOL)
過去 株価チャート
から 6 2023 まで 6 2024 のチャートをもっと見るにはこちらをクリック