Soho Resources Corp.

Published : March 01st, 2008

Updates Program and Reports More Positive Drill Results

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Soho Resources Corp.

 

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.

 

CONTACT INFORMATION

Soho Resources Corp.

Glen Sandwell: 604.684.8071

Email: gsandwell@sohoresources.ca 

Toll Free: 1.800.685.0576

Web: www.sohoresources.ca

 

 

 

Click Here to view the latest information on the Tahuehueto 































Project

Current Share Structure

As at Dec 17, 2007

Shares Issued

 100,137,913

Options

 6,540,000

Agent Warrants

1,944,000

Warrants

23,876,000

 

FULLY DILUTED

 132,497,913

 

 

 

 

Soho Resources Corp.

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CODE : SOH.V
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Soho Res. is a zinc and lead exploration company based in Canada.

Soho Res. holds various exploration projects in Mexico.

Its main exploration properties are JOCUIXTITA and TAHUEHUETO in Mexico.

Soho Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 3.2 millions as of today (US$ 3.0 millions, € 2.2 millions).

Its stock quote reached its highest recent level on December 29, 2006 at CA$ 1.04, and its lowest recent point on January 11, 2013 at CA$ 0.01.

Soho Res. has 213 093 000 shares outstanding.

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In the News and Medias of Soho Resources Corp.
7/2/2008Objective Capital report
Financings of Soho Resources Corp.
1/23/2012Non-Brokered Private Placement
8/11/2010Closes First Tranche of Convertible Debenture Unit Private P...
2/11/2009has closed its non-brokered private placement
12/19/2008 Announces Negotiation of $1,000,000 Private Placement
Option Grants of Soho Resources Corp.
4/19/2008Grants Incentive Stock options
Project news of Soho Resources Corp.
7/18/2011Objective Capital Updates Research Report on Soho Resources ...
5/25/2011(Jocuixtita)Reports First Assay Results From Jocuixtita Project
2/24/2011(Tahuehueto)Begins Pre-Feasibility Work for Tahuehueto Project
2/17/2011(Jocuixtita)Begins Exploration Work on Jocuixtita Silver Project in Sina...
3/8/2010(Tahuehueto)Engages Snowden Mining Industry Consuktants Inc.
11/12/2009(Tahuehueto)New Government Infrastructure Improves Mine Feasibility
10/5/2009(Tahuehueto)Soho Management Meets with Durango State Governor
8/13/2009(Tahuehueto)Drill Results Shown on Corebox.net
6/30/2009(Tahuehueto)Technical Report for its Tahuehueto Project in Durango
9/3/2008(Tahuehueto)Reports New Drill Results From Several Zones at Tahuehueto
6/19/2008(Tahuehueto)NI 43-101 Technical Report Filed on SEDARCc: ir@sohoresource...
5/9/2008(Tahuehueto)More Positive Drill Results From Several Zones At Tahuehueto
4/30/2008(Tahuehueto) Reports Initial Resource Estimate for TahuehuetoCc: ir@soho...
3/31/2008(Tahuehueto)Exploration Update
3/1/2008(Tahuehueto)Updates Program and Reports More Positive Drill Results
6/28/2007Announces Drilling Results From the Cinco De Mayo Zone and T...
5/7/2007Announces high grade results over potentially open pit minea...
Corporate news of Soho Resources Corp.
10/12/2011Retains Maxim Group
6/2/2011Progress Update in Interview with Korelin Economics Report
5/18/2011Shares Commence Trading on the U.S. OTCQX
4/27/2011Project Update
7/14/2010Announces Convertible Debenture Unit Private Placement
3/10/2010Minesite.com reports on Soho Resources Corp
2/11/2010The Melman Report on Soho Resources Corp.
12/18/2009Season's Greetings
7/17/2009has entered into two option agreements to explore and acquir...
6/4/20092009 World Resource Investment Conference
2/2/2008 Adopts Shareholder Rights Plan
2/1/2008 Exploration Update
12/12/2007 President's Letter to Shareholders
12/3/2007Reports More Positive Drill Results From Tahuehueto
10/18/2007announces results of Annual General Meeting
9/27/2007Reports Additional Results and Names New Zone at Tahuehueto ...
9/5/2007President's Letter to Shareholders
8/29/2007 Engages Genoa Management Limited and John Walter Communicat...
8/15/2007is pleased to report additional drill results from Tahuehuet...
6/5/2007Several Corporate Events
5/31/2007Reports Management Resignation
5/25/2007Increases Ownership in Tahuehueto Project
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