SOV Vega Mining, Inc.

Soldi Ventures Inc. (Soldi) (TSX VENTURE:SOV) is pleased to announce that it has
acquired, subject to TSX Venture Exchange approval, a 100% interest in 16
mineral claims totaling 256 hectares (approximately 632 acres). 


The Nagagami East property are 5 kilometres to the northeast of Zenyatta
Ventures Ltd.'s recent Albany graphite deposit and 63 kilometres northwest of
the town of Hearst in northeastern Ontario. The property is 36 kilometres north
of Trans-Canada Highway 11. Logging roads extend to within 500 metres of the
property boundary.


Zenyatta's Albany graphite deposit comprises two breccia pipes cutting granitic
host rocks, containing high grade flake graphite of apparent
magmatic-hydrothermal origin. As such, its localization would be independent of
wall rock lithology, a characteristic that it would share with kimberlitic
diamond deposits. Such breccia-pipe or diatreme hosted mineral deposits would be
expected to be localized by wall rock structures rather than wall rock
lithologies.


Zenyatta recently discovered the Albany magmatic hydrothermal (vein-type)
graphite deposit and has continued to return significant intercepts and carbon
grades for the East Pipe. Zenyatta is working to develop the largest, high
purity (hydrothermal) graphite deposit in the world. 


The geological setting of this region is one in that similar formations seem to
occur in pod like clusters, therefore it is possible that more than one
significant discovery such as the one Zenyatta has recently discovered, may also
be discovered in the vicinity. 


No exploration has been reported on the Nagagami East property, which is in an
area where the Archean age rocks of the Canadian Shield are covered by a thin
veneer of Paleozoic sedimentary rocks. An examination of regional government
airborne magnetic surveys shows possible structural intersections that might
localize breccia pipes or diatremes, on and around the property. 


The regional magnetic surveys were flown in the 1960s on 800 metre spaced lines,
with a nominal ground clearance of 330 metres, and as such do not provide
sufficient detail to precisely pinpoint structures.


"With the addition of the Nagagami East property, Soldi has assembled a strong
stable of graphite properties to enhance shareholder value," stated Archie
Boyce, President of Soldi Ventures. "The Company's plan is to move forward with
an airborne electromagnetic survey of the Nagagami East property to explore for
graphitic zones."


To earn a 100% interest in the 16 claims, the Company will pay $15,000 and issue
1,000,000 common shares to the vendor upon regulatory approval and pay $20,000
and issue 1,500,000 commons shares on or before the first year anniversary date
of the agreement. 


Technical information in this news release has been written and/or reviewed by
Colin Bowdidge, Ph.D., P.Geo, a Qualified Person as defined in NI 43-101. 


You can now find Soldi Ventures Inc. on Twitter at http://twitter.com/soldiventures.

Soldi Ventures Inc. (TSX VENTURE:SOV) is a Canadian junior exploration company
focused on discovering gold and graphite deposits in politically safe
jurisdictions. 


On behalf of the board of SOLDI VENTURES INC.

Archie Boyce, President

"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."


Cautionary note:

This report contains forward-looking statements. Resource estimates, unless
specifically noted, are considered speculative. Any and all other resource or
reserve estimates are historical in nature, and should not be relied upon. The
production rate and mine-life projections have been made without support of a
feasibility study, there is no certainty the proposed operations will be
economically viable. By their nature, forward-looking statements involve risk
and uncertainties because they relate to events and depend on factors that will
or may occur in the future. Actual results may vary depending upon exploration
activities, industry production, commodity demand and pricing, currency exchange
rates, and, but not limited to, general economic factors. Cautionary Note to US
investors: The U.S. Securities and Exchange Commission specifically prohibits
the use of certain terms, such as "reserves" unless such figures are based upon
actual production or formation tests and can be shown to be economically and
legally producible under existing economic and operating conditions. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Soldi Ventures Inc.
Archie Boyce
President
(604) 683 5445
info@soldiventuresinc.com
www.soldiventuresinc.com

Vega Mining, Inc. (TSXV:SOV)
過去 株価チャート
から 6 2024 まで 7 2024

Vega Mining, Inc. (TSXV:SOV)
過去 株価チャート
から 7 2023 まで 7 2024