Solitaire Minerals Corporation (Solitaire) (TSX VENTURE:SLT) would like to
announce that it has arranged a non-brokered private placement of up to
10,000,000 units at a price of $0.05 per unit for total proceeds of up to
$500,000 subject to the approval of the TSX Venture Exchange.


Up to 4,000,000 units will be issued as non flow-through units consisting of one
common share and one full warrant. One full warrant will entitle the holder to
purchase one additional common share of the Company at a price of $0.10 per
share for a period of two years.


Up to 6,000,000 units will be issued as flow-through units consisting of one
common share and one half (1/2) share purchase warrant, one full warrant will
entitle the holder to purchase one additional common share of the Company at a
price of $0.10 per share for a period of two years.


The proceeds of the private placement will be used for exploration work on the
Company's mineral properties and general working capital.


About Solitaire Minerals Corp.

Solitaire Minerals Corp. (TSX VENTURE:SLT) is a diversified Junior Canadian
Mineral Exploration Company with a specific focus on precious and base metal
properties in North America. In addition, the Company intends to acquire
Metallurgical coal leases. Solitaire continues to negotiate for coal leases with
near and long term production potential.


For additional information please contact Solitaire Minerals Corp. or visit
www.solitaireminerals.com.


On Behalf of the Board of Directors

SOLITAIRE MINERALS CORP.

Charles Desjardins, President and Director

Cautionary note:

This report contains forward looking statements. Resource estimates, unless
specifically noted, are considered speculative. Any and all other resource or
reserve estimates are historical in nature, and should not be relied upon. By
their nature, forward looking statements involve risk and uncertainties because
they relate to events and depend on factors that will or may occur in the
future. Actual results may vary depending upon exploration activities, industry
production, commodity demand and pricing, currency exchange rates, and, but not
limited to, general economic factors. Cautionary Note to US investors: The U.S.
Securities and Exchange Commission specifically prohibits the use of certain
terms, such as "reserves" unless such figures are based upon actual production
or formation tests and can be shown to be economically and legally producible
under existing economic and operating conditions.


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