Soltera Mining Corp.

Published : June 09th, 2011

President of Soltera Mining Interviewed on InvestorIdeas.com

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Soltera Mining Corp. President/CEO Interviewed on InvestorIdeas.com

 

 

To read the full interview visit InvestorIdeas.com here.

 

Q&A Interview with President/CEO of Gold Stock Soltera Mining Corp. (OTCPK: SLTA)

 

Point Roberts, WA - June 08, 2011 - www.InvestorIdeas.com, a leader in sector stock research including mining stocks, release a Q&A interview with Dr. Fabio Montanari, President/CEO of Soltera Mining Corp. (OTCPK:SLTA) (FRANKFURT:SN7) for interested gold stock investors.

 

 

On May 5th, 2011 Soltera reported some exciting gold assay results from a chip and channel program on sections of the 14 km long gold-bearing quartz vein system that spans their El Torno property in northern Argentina. Those results included a mind-boggling 1.5 meters at 376 g/t. This announcement, however, came on the heels of an April 27th release stating that test work on an eluvial (weathered surface material) area designated to provide feed for the existing gravity plant showed insufficient gold for exploitation.

 

Then on May 25th Soltera announced that Goldlake Italia S.p.A ("Goldlake"), a company that has an agreement to supply "ethical gold" to Cartier Jewelers, intends to invest a further US$900,000 into Soltera by June 30th 2011.

InvestorIdeas.com interview with Dr. Fabio Montanari sheds light on the relevance of these three announcements and tells investors about his current plans at Soltera Mining's flagship Argentine gold property, El Torno.

 

Dr. Fabio Montanari has an international mining career of over twenty-five years, including senior experience spearheading advanced exploration and mining activities in Africa, South America, Europe, Canada and the United States for a host of internationally recognized exploration and mining companies including: Asarco (US), Golden Star (UK), ENI Group (Italy) and Normabec (CAN). Dr. Montanari has also been a geological consultant to the United Nations under the U.N. Technology Cooperation Schemes.

 

Q- Investorideas.com

Dr. Fabio Montanari, let's start with the two announcements regarding assay results. They seem contradictory, with one reporting low gold values and the other some very high gold values, so what does this mean?

 

A- Fabio Montanari

The difference is because the samples were from test work on two very different types of gold deposit.

The main potential of the El Torno property is for large deposits of vein and bedrock gold, but there are also much smaller deposits of weathered surface (called eluvial) material that can contain free gold. The first announcement concerned test work on eluvial material whereas the second concerned analyses from part of the main vein system.

 

Q- Investorideas.com

Why bother with the eluvial deposits if they are small and, in any case what went wrong with the eluvial test work?

 

A- Fabio Montanari

We were looking at the eluvial material because there is a simple gravitational processing plant already in place that had been used successfully in the past by the mineral title owner and it offered the real possibility of generating a rapid cash flow that would pay for exploration of the main targets. Initial operation of the plant produced gold in the form of tiny nuggets and the next logical step was to test an area of potential eluvial feedstock to see if there was enough for a commercial operation. Any production by this means would be ideal for Goldlake's agreement to supply �ethical gold' to Cartier.

 

The sampled area, about 35 of the 7 861hectares (19,424 acres) included in the property, was selected because it had a good thickness of weathered material, all the necessary permissions for surface extraction, and is relatively close to the processing plant. Part of the area had also been worked previously by the mineral title owner.

 

However, extensive and detailed test work showed that although small amounts of gold are distributed widely throughout the area, the tonnage of material containing higher values is insufficient to justify a commercial operation from this location. There was simply less gold than we had anticipated and, as a result, we cannot go into production immediately as we wished. There are, however, other areas of eluvial material throughout the property that could contain gold and these will be examined in due course.

 

Q- Investorideas.com

So what is the significance of the very high gold values in the second announcement?

 

A-Fabio Montanari

The high gold values are very exciting and very significant...

 

READ THE FULL INTERVIEW HERE

 

 

 

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 construed as investment advice. We encourage you to carefully review the Company with your investment advisor and verify any information that is important to your investment decision.



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Soltera Mining Corp.

EXPLORATION STAGE
CODE : SLTA
ISIN : US83437G1031
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Soltera Mining is a gold and copper exploration company based in Canada.

Its main exploration properties are EL TORNO and EUREKA ARGENTINA in Argentina.

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In the News and Medias of Soltera Mining Corp.
1/12/2008Argentine Gold and a Lonely Lady
Annual reports of Soltera Mining Corp.
Files 2011 10K Annual Report with SEC
Soltera Mining Files Annual Report for 2009
2008 Annual Report
Project news of Soltera Mining Corp.
6/12/2013(El Torno)Gains EIS Approvals Over All Highly Prospective Gold Targets...
4/2/2013Soltera Mining Exploration Program Produces Very Satisfactor...
1/28/2013Ambrian Resources Lawsuit Against Soltera Mining Dismissed
3/7/2012(El Torno)Soltera Mining Identifies Five Gold 'Hot Spots' in Bedrock S...
9/24/2009(El Torno)Plan to Commence Alluvial Gold Production at El Torno
6/29/2009(El Torno)Open-Pit and Underground Gold Potential at El Torno, Argenti...
4/23/2008(Real De Cananea)Announces Geochemical Results from Real de Cananea, Mexico
4/15/2008(El Torno) Announces Geochemical and Structural Survey Results from El...
3/5/2008(Casita Colorada)Acquires Rights to Mexican Gold Properties
1/22/2008(El Torno)David Bond interviewed about his visit to El Torno gold pros...
Corporate news of Soltera Mining Corp.
5/24/2013Receives Environmental Impact Statement
5/3/2013d Corporate Summary from Soltera Mining
4/29/2013Announces Exploration Funding and Filing of 2010 Annual Repo...
9/13/2012Soltera Mining Receives Further Funding From Goldlake Group
6/20/2012Twitter News Feed
6/11/2012Soltera Mining Announces of New Directors and Further Fundin...
6/9/2011President of Soltera Mining Interviewed on InvestorIdeas.com
4/21/2011(El Torno)Results from El Torno eluvial gold sampling programme
3/22/2011Corporate Update
4/14/2008Expands its Major Golden Opportunity Geochemical and Structu...
3/10/2008 Acquires Interest in Argentinean Copper-Gold Property
2/6/2008 Expands Blue Sky Coverage by Listing on S&P's Market Access...
1/9/2008Wed. 9 Jan. 2008 - Article by David Bond on Soltera Mining C...
1/4/2008Photos of El Torno Property now up on Soltera Mining website
12/10/2007Exploration Program Underway on Argentinean Property
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