NEWS RELEASE
Soho Resources Corp. Updates Program and Reports
More Positive Drill Results From Tahuehueto
Vancouver,
BC, February 29, 2008; Soho Resources Corp. –
(TSX Venture – SOH) (“Soho” or the “Company”)
is pleased to provide an update for its ongoing exploration program and
recent assay results for holes drilled before the end of 2007 at its
Tahuehueto Project, located in northwestern Durango State, Mexico.
Soho
currently has three drill rigs operating on site and since commencing its
2008 exploration program has completed 13 drill holes, with three more in
progress. Drilling has concentrated on the El Creston and Cinco de Mayo
zones and initial drill testing of six holes along a section of the Texcalama
Structure. As of the date of the press release two drills are operating
in the El Creston Zone and one in the Santiago zone.
The
Company’s wholly owned helicopter portable drill rig in now operational
and is currently drill testing El Creston zone in the difficult terrain
area. During the last month Soho has constructed access roads to most
sites that were originally targeted as helicopter supported holes therefore
helicopter requirements for this area are being kept to a minimum.
Falcon
Drilling has shipped one additional drill rig from Canada and this drill rig
is expected to be available to the project within three weeks.
Assay
Results
Hole
DDH07-127, drilled on El Creston from the first helicopter supported drill
site returned near surface mineralization over a potentially open pit minable
intersected width of 15 meters grading 0.88 g/t Au, 19.3 g/t Ag, 0.17 % Cu,
0.91 % Pb, 2.47 % Zn plus a narrower deeper zone 8.5 meters down hole that
returned 1.00 meters of 3.51 g/t Au, 31.5 g/t Ag, 0.15 % Cu, 5.13% Pb, 9.42 %
Zn.
Three
other holes drilled on the El Creston structure are reported below including
DDH07-135 which intersected two near surface mineralized zones totaling 7.5
meters as follows; From 9.50 to 13.00 meters for a 3.5 meter
intersected width (2.87 meter estimated true width) grading 2.67 g/t Au, 72.0
g/t Ag, 0.79% Cu, 2.73% Pb, 1.64% Zn; and from 16.5 to 20.5 meters for a 4.0
meter intersected width (3.28 meter estimated true width) grading 1.15 g/t
Au, 67.63 g/t Ag, 0.63% Cu, 1.26% Pb, 1.26% Zn.
Hole ID
|
Target
|
From (m)
|
To (m)
|
Length (m)
|
True
Width
|
Au
(gpt)
|
Ag
(gpt)
|
Cu
%
|
Pb
%
|
Zn
%
|
DDH07-127
|
El Creston
|
6.00
|
21.00
|
15.00
|
11.85
|
0.88
|
19.33
|
0.17
|
0.91
|
2.47
|
DDH07-127
|
El Creston
|
29.50
|
30.50
|
1.00
|
0.79
|
3.51
|
31.50
|
0.15
|
5.13
|
9.42
|
DDH07-132
|
El Creston
|
153.30
|
155.30
|
2.00
|
1.62
|
0.49
|
25.75
|
0.22
|
0.76
|
2.10
|
DDH07-133
|
Catorce
|
261.80
|
266.35
|
4.55
|
3.55
|
0.17
|
12.67
|
0.01
|
0.50
|
0.80
|
DDH07-133
|
Catorce
|
267.40
|
273.20
|
5.80
|
4.52
|
0.27
|
9.36
|
0.01
|
0.49
|
0.73
|
DDH07-134
|
Catorce
|
96.90
|
99.95
|
3.05
|
2.42
|
0.02
|
8.52
|
0.01
|
0.13
|
0.75
|
DDH07-135
|
El Creston
|
9.50
|
13.00
|
3.50
|
2.87
|
2.67
|
72.00
|
0.79
|
2.73
|
1.64
|
DDH07-135
|
El Creston
|
16.50
|
20.50
|
4.00
|
3.28
|
1.51
|
67.63
|
0.63
|
1.26
|
1.26
|
DDH07-136
|
El Creston
|
60.50
|
64.10
|
3.60
|
2.78
|
0.70
|
14.61
|
0.17
|
0.78
|
1.41
|
Detailed
assay results for all holes are presented in the table above.
Sample location plans are available for viewing on the
Company’s web site. Drill core and rock samples are shipped from site
to Chemexs’ sample preparation facility in Guadalajara, Mexico with
pulps being shipped by Chemex to their analytical laboratory in Vancouver,
BC, Canada where final analysis is conducted. Gold and silver are
analyzed by Fire Assay. Copper, Lead and Zinc are analyzed by multi
acid digestion and atomic absorption.
The Tahuehueto project is situated in north-western
Durango State, within the historic Sierra Madre mining district, which hosts
a number of producing gold, silver and base metal mines, and many active
exploration and development projects.
The exploration program is being conducted under the
direction of Hall Stewart, PGeo, a qualified geologist as defined under
National Instrument 43-101. Mr. Ralph Shearing, President, P.Geol, also a
qualified geologist, authored this news release.
WARNING:
The Company relies upon litigation protection for "forward-looking"
statements. This News Release may contain forward-looking statements including
but not limited to comments regarding the timing and content of up-coming
work programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking statements address
future events and conditions and therefore involve inherent risks and
uncertainties. Actual results may differ materially from those currently
anticipated in such statements. Soho Resources Corp. relies upon litigation
protection for forward-looking statements.
|