Solitaire Minerals Corp. (TSX VENTURE:SLT) (Solitaire) reports that the non
flow-through portion of the private placement announced on November 30th 2010
has been over-subscribed. In total, Solitaire has sold 10,160,000
non-flow-through units at a price of $0.05 and an additional 11,784,285
flow-through units have been sold at a price of $0.07, pending the approval of
the TSX Venture Exchange. 


Each non-flow-through unit consists of one common share and one transferable
share purchase warrant. One transferable share purchase warrant will entitle the
holder to purchase one additional common share of the Company at a price of
$0.10 per share for the first year and $0.125 per share until expiration on the
second year.


Each flow-through unit consists of one common share and one half (1/2)
transferable share purchase warrant. One transferable share purchase warrant
will entitle the holder to purchase one additional common share of the Company
at a price of $0.10 per share for the first year and $0.125 per share until
expiration on the second year.


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.


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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