Advertisement
TORONTO, ONTARIO -- (Marketwire) -- 03/03/13 -- Soltoro Ltd. (TSX VENTURE: SOL) has completed six additional diamond drill holes at the El Rayo primary silver project in Jalisco, Mexico to test for sulphide mineralization at depth below the known Las Bolas deposit. Results have been received from four holes to date. On January 18, 2013, Soltoro announced results from drill hole Ray 12-152 which intersected 91.3 metres of 129 g/t silver equivalent including 11.2 metres of massive sulphide mineralization grading 537 g/t silver equivalent encountered at the base of the hole. The four holes drilled along strike from hole RAY12-152 at 50 metre spacings all encountered sulphide mineralization extending the deep sulphide zone 200 metres along strike (Ray13-158 is pending). Ray13-155 is a step-out hole drilled below Ray12-152. Results are as follows:
-------------------------------------------------------------------------------------------------------------------------------------------------------- STYLE ESTIMATED OF TRUE AgEqDEPOSIT MINERALIZ- DRILL WIDTH(1) Ag Au Pb (2)AREA: ATION: HOLE: FROM: TO: (m) (g/t) (g/t) (%) (g/t)--------------------------------------------------------------------------------------------------------------------------------------------------------Las Bolas less Quartz RAY13- than stockwork 153(3) 75.30 76.50 1.05 213 0.01 0.01 213---------------------------------------------------------------------------- less than 85.50 97.50 10.40 42 0.01 0.07 44---------------------------------------------------------------------------- less than 103.50 148.50 38.95 37 0.01 0.03 38---------------------------------------------------------------------------- less than 195.00 212.50 15.15 38 0.01 0.02 38---------------------------------------------------------------------------- Stockwork & sulphides 268.50 294.00 22.10 93 0.02 0.95 117---------------------------------------------------------------------------- including 275.80 289.50 11.85 149 0.03 1.69 191---------------------------------------------------------------------------- including 279.00 284.15 4.45 295 0.08 4.20 399---------------------------------------------------------------------------- Sulphides including 279.60 280.60 0.85 1,085 0.23 8.12 1,290---------------------------------------------------------------------------- less Quartz than stockwork 300.00 321.00 18.20 24 0.01 0.06 25--------------------------------------------------------------------------------------------------------------------------------------------------------Las Bolas less Quartz RAY13- than stockwork 154(4) 183.00 184.50 1.30 95 0.01 0.02 95---------------------------------------------------------------------------- Stockwork & sulphides 249.00 307.20 50.40 56 0.01 0.28 63---------------------------------------------------------------------------- including 265.60 294.00 24.60 76 0.02 0.46 88---------------------------------------------------------------------------- including 277.50 287.30 8.50 100 0.04 0.68 118---------------------------------------------------------------------------- Sulphides including 285.60 287.30 1.45 231 0.13 2.12 288--------------------------------------------------------------------------------------------------------------------------------------------------------Las Bolas less Quartz RAY13- than stockwork 155(5) 312.00 388.80 57.05 52 0.01 0.14 55---------------------------------------------------------------------------- including 326.90 358.00 23.10 72 0.01 0.22 78---------------------------------------------------------------------------- including 346.55 350.10 2.65 95 0.02 0.34 104--------------------------------------------------------------------------------------------------------------------------------------------------------Las Bolas Stockwork & RAY13- sulphides 156(6) 285.50 360.00 64.50 79 0.02 1.08 106---------------------------------------------------------------------------- including 298.30 329.60 27.10 149 0.04 2.21 203---------------------------------------------------------------------------- Sulphides including 322.50 329.60 6.15 330 0.16 8.63 543---------------------------------------------------------------------------- including 325.70 328.40 2.35 669 0.2816.28 1,069--------------------------------------------------------------------------------------------------------------------------------------------------------(1) Estimated true width is based on an assumed dip for mineralization of 60degrees.(2) AgEq - Silver equivalent includes Au, Ag and Pb and excludes Cu & Zn.Assuming 100% metallurgical recovery, pricing is as follows: Au - US$1,600/oz.; Ag - US$29.00/oz.; Pb - US$1.00/lb.(3) Overall recovery for the intervals 268.50 m to 294.00 m was 93% and therecovery for the interval 300.00 m to 321.00 m was 62%. Recovery for the interval 287.70 m to 291.00 m was 51%.(4) Overall recoveries for the intervals 249.00 m to 307.20 m was 68% and29% for the interval 267.0 m to 285.0 m including recovery of 5% for the interval 295.50 m to 303.00 m. No core was recovered from the intervals268.55 m to 270.00 m and 297.00 m to 298.50 m. These intervals were included in the weighted average at 0 g/t Ag.(5) Overall recovery for the interval 312.55 m to 388.80 m was 78%. Recoveryfor the interval 337.40 m to 352.70 m was 39%, for the interval 354.65 m to 362.20 m was 49% and the interval 366.00 m to 370.50 m was 52%.Recovery for the interval 346.55 m to 347.55 m was 5%.(6) Overall recovery for the interval 285.50 m to 360.00 m was 58%. Recoveryfor the interval 309.00 m to 318.00 m was 30% and the interval 321.00 m to 329.60 m was 32%. Recovery for the interval 327.00 m to 328.40m was 50%.
