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NEWS RELEASE
Exploration Update
Vancouver,
BC, February 1, 2008; Soho Resources Corp., (“Soho” or the
“Company”) is pleased to announce that Falcon Drilling
(“Falcon”) has commenced drilling hole DDH08-141 on the Cinco De
Mayo Structure at the Tahuehueto Project in Durango State, Mexico. Falcon
was contracted by the Company in December 2007 (See News Release dated Dec
5, 2007) to provide diamond drilling services for a minimum 5,000 metres
of core drilling. Falcon has advised the Company that they expect to
provide one additional drill rig for the project in approximately one month,
such that Falcon would be operating two core rigs at Tahuehueto.
Soho has completed
three drill holes with a drill rig operated by Tecmin Servicios S.A. de
C.V. since the project start up in early January after the Christmas
break. One hole was completed on the El Creston structure and two
on the Texcalama structure.
The Company’s own
light weight fly capable drill rig, after a lengthy wait for replacement
repair parts, is in the final stages of repair and is expected to be
operational next week and after successful operational testing will be
returned to site to complete the remaining holes planned for the road
inaccessible area of El Creston Zone.
Drill core samples for
7 holes, DDH07-127 and DDH07-132 through DDH08-137 inclusive, have been
submitted to the lab for analysis and results are expected shortly. Drill
core for three holes, DDH08-138 through DDH08-140 are either in preparation
for shipment, or are in transit to ALS Chemex’ preparation facility in
Guadalajara, Mexico where resulting pulps will be shipped by ALS Chemex to
their analytical laboratory in Lima, Peru where final analysis is conducted.
Work on the resources
calculation by the independent engineering group, Mine Development
Associates, is progressing and the Company is on track for the delivery of
its first NI 43-101 resource near the end of the first quarter of 2008.
The exploration program
at Tahuehueto is being conducted under the direction of Hall Stewart, P.Geo.,
a qualified geologist as defined under National Instrument 43-101. Mr.
Ralph Shearing, P.Geol. also a qualified geologist, authored and is
responsible for the content of this press 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.
The
TSX Venture Exchange has not reviewed and does not take responsibility for
the adequacy or accuracy of this release
Contact
Information
Soho
Resources Corp.
Glen
Sandwell & Stephen Casey
Tel:
604.684.8071
Toll
Free: 1.800.685.0576
Email: investor_relations@sohoresources.ca
Web:
www.sohoresources.ca
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