JUJUY, ARGENTINA -- (Marketwired) -- 06/12/13 -- Soltera Mining Corp. (PINKSHEETS: SLTA) (www.solteramining.com) announces that the Jujuy Department of Mining and Energy Resources has approved the Environmental Impact Statement ("EIS") for the El Torno Norte section of the El Torno Gold Project in Jujuy, Argentina.
The El Torno Gold Project consists of five mining rights covering a total of 7,863 hectares located in the Andean Cordillera in the mining friendly northwestern province of Jujuy, Argentina near the international border with Bolivia.
To date Soltera has received EIS approval over three of these licenses: Mina Palca-Ingenio, Mina El Torno Sur, and now Mina El Torno Norte - a combined area of over 4,000 km2 containing six highly prospective gold targets identified for priority drilling.
Fabio Montanari, President/CEO states, "Old workings and drilling done in the 1990's by Puma and Penoles show that gold occurs to at least 100 meters below surface, but drilling is absolutely essential to ascertain its quantity and distribution. Gaining these EIS approvals over the most prospective gold targets at El Torno is a critical step towards the commencement of a drill program currently being finalized."
The El Torno Gold Project has potential for world-class gold deposits of two types; vein gold in a very large quartz vein system that extends intermittently north-south for 14 km and has been worked under ground in the past, and dispersed gold in suites of small veins and stockworks that are separate from the main system and appear to be major open-pit targets.
For more information on the El Torno Gold Project please visit 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.
Soltera Mining Corp.
Most Popular Stories
- Dmytro Firtash, Ukrainian Billionaire, Arrested in Vienna
- Obama, Ukraine Discuss Russian Incursion in Crimea
- Obama's Overtime Initiative Praised, Condemned
- Republicans Warn Obama on Immigration
- Liberty Media Drops Sirius Bid
- Koch Brothers Step up Anti-Obamacare Campaign
- Calumet Photo Files for Bankruptcy
- FDIC Sues Big Banks Over Rate Manipulation
- Uli Hoeness, Bayern Munich President, Gets Prison for Tax Evasion
- West Readies Harsh Sanctions Against Russia