Solitaire Minerals Corp. (TSX VENTURE: SLT) (Solitaire) has entered into an option agreement whereby it can earn up to a 100% interest in three land packages comprising a total of 3,181 acres (25 units) along the southwest trend of Eagle Hill Exploration Corp.'s (TSX symbol: EAG) Windfall Lake project in north-western Quebec, Canada. The Windfall Lake property host high-grade gold veins and has potential for wide mineralized zones of gold mineralization which has underground and near-surface bulk mining potential.

Eagle Hill recently intersected 14.2 g/t Gold (Au) over 52 meters in drill hole EAG-10-196 at their Windfall Lake project. In addition, they have discovered three new gold zones, increased the potential for open pit mining, and discovered new gold mineralization 900 meters along strike from their existing gold zones (Refer to Eagle Hill Exploration Corp.'s April 28th, 2010 release).

In order for Solitaire to earn a 100% interest in these three properties it must pay to the vendor a total of $85,000 and issue 1,000,000 common shares over a period of three years. The vendor will also retain a 2% NSR.

Mike Magrum, P.Eng., a qualified person under National Instrument 43-101, has approved the technical content of this news release.

About 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.

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.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Solitaire Minerals Corp. Charles Desjardins President and Director 604-683-5445 604-687-9631 (FAX) info@solitaireminerals.com www.solitaireminerals.com

Specialty Liquid Transpo... (TSXV:SLT)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Specialty Liquid Transpo... Charts.
Specialty Liquid Transpo... (TSXV:SLT)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Specialty Liquid Transpo... Charts.