Thursday, 02 July 2009

 
Open-Pit and Underground Gold Potential at El Torno, Argentina
Jujuy, Argentina - June 29, 2009 - Dr. Fabio Montanari, President and CEO of Soltera Mining Corp. (OTC: SLTA.PK; FRANKFURT: SN7) is pleased to present Soltera’s conclusions on the potential of their El Torno gold property in Argentina.
 
Company Overview

Soltera Mining Corp. is a unique exploration company in the sense that it is following two distinct lines of action. The first is conventional, with exploration concentrated on carefully selected gold and base metal projects that were acquired during the last eighteen months, particularly the large-scale El Torno gold project in Argentina. The second, less conventional approach is to join with a minerals trading company to identify projects in any part of the world that can produce a rapid cash flow; such projects have been identified to date in Albania and North Africa.

Portfolio Highlights:

  • Major gold exploration project at El Torno in Argentina with large-scale potential for both underground and open-pit mining.
  • Eureka copper-gold project in Argentina, joint ventured with TNR Gold Corp. with previous (non-43-101 compliant) resource estimates of 50-60 Mt at 1% Cu.
  • An association with a minerals trading company with the intention of generating a rapid cash flow from projects in Albania and Morocco.
    • All exploration projects are run personally by Soltera’s CEO/President, economic geologist, Dr. Fabio Montanari. Living near the projects in Argentina Dr. Montanari has a hands-on approach to operations. 


      With the Eureka copper project already farmed out to our joint venture partners, Soltera will focus its efforts on El Torno. The Company’s immediate objective is to have the El Torno project ready to start feasibility studies in the second half of 2009.

      Flagship Project - El Torno

      Image
      The El Torno property contains a large near-surface gold-quartz vein up to 14 km long that was historically worked in turn by the Incas, Jesuits and Spanish who left behind more than 1,000 m of underground galleries. The vein extends north-south, is sub-vertical, and is accompanied in places by a stockwork system of small quartz and pyrite veins that can extend up to 300 m from the main vein. 

      Read more...

      EL TORNO GOLD PROJECT REPORT

 
Argentina Map
© 2009 Soltera Mining Corp.