Soltera Mining Announces Geochemical and Structural
Survey Results from El Torno, Argentina
Jujuy, Argentina � April 14, 2008 - Soltera Mining Corp. (OTCBB: SLTA - News;
FRANKFURT: SN7 - News) Soltera wishes to announce the results of geochemical
and structural surveys on the El Torno gold property in Argentina. The
property, consisting of mining rights covering 7,863 hectares, contains a 14
km long north-south quartz vein system that cuts metamorphosed sedimentary
rocks. A central part of the vein shows old workings, and drilling by Puma
Minerals and Penoles in the late 1990s over about 1 km discovered a gold rich
zone on the western side of the vein carrying up to 37 gpt (grams per ton)
gold and identified stockwork systems in the country rock with up to 112 gpt
gold.
Soltera undertook stream sediment sampling throughout the whole
property as a first check to establish whether only the central part of the
vein system was gold-rich. The country is rolling highland dissected by streams, so is well
suited for this type of survey. A total of 596 samples were collected at
selected locations on stream courses and the -80 mesh fractions analysed in
Canada.
The results show a
series of distinct, very strong anomalies extending the full 14 km length of
the vein system, and also up to 2 km away where they appear to be centred
over large areas of vein suites and stockworks in the country rocks. One of
these anomalies alone is 2 km long by 1.5 km wide. This indicates that the
gold mineralization is far more extensive than previously thought and offers
the distinct possibility of wide mineralised areas of country rock that could
form previously unrecognised large-scale open-pit targets.
The structural study
concentrated on parts of the main vein system exposed at surface and in the
old mine workings. The results suggest that the structure is broader and more
complex than the simple vertical vein interpreted by previous workers. In
fact, the re-interpretation suggests that the gold-bearing quartz could be
concentrated in anticlinal structures, rather similar in character to those
of the Bendigo and Ballarat gold fields in Australia. This opens up the
possibility that the mineralised system could be much more extensive than
previously thought and that there may be repetitions of the vein at depth. If
this proves correct, the earlier non NI-43-101 compliant Penoles Minerals
estimate of more than 500,000 ounces of gold to 100 metres depth could be
increased very substantially.
More detailed
geochemical surveys will shortly be underway to define more precisely the
anomalies, and these will be followed by geophysical surveys to define
precise drill targets.
About Soltera
Mining Corp.
Soltera Mining Corp. is an aggressive exploration company concentrating on
carefully selected gold and base metal properties in Argentina, Mexico and
Canada. All exploration projects are run personally by Soltera�s
President, Dr.
Fabio Montanari. Living in Argentina with frequent visits to Mexico, Dr.
Montanari has a hands-on approach to operations. He is supported by an
administrative office in Canada. The Company�s objective is to
have the El Torno gold project ready to start feasibility studies by the end of 2008. For more
information please visit www.solteramining.com.
On Behalf Of
The Board
Fabio Montanari
President/CEO
Soltera Mining Corp.
1-888-768-5552
info@solteramining.com
www.solteramining.com
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.
|