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Soltera Mining Corp. is an exploration stage company primarily focused on the exploration of its El Torno project in the province of Jujuy, Argentina. The El Torno gold prospect is a past producing gold mine and Soltera believes that modern exploration techniques will allow for the further extraction of gold from the area. Additionally, Soltera is exploring its Surprise Lake project in the province of British Columbia, Canada. Soltera is dedicated to growing shareholder value via exploration projects in Argentina and Canada. Additionally, Soltera will seek further property agreements that provide long-term sustainable returns.
Project El Torno The El Torno project is located in the Andean Cordillera in the extreme northwest of Argentina near the international border with Bolivia. The region is at altitudes around 4,000 m and the nearest permanent habitation is the village of Santa Catalina about 20 km to the east.
The property consists of five mining rights covering a total area of 7,900 hectares. Soltera has an agreement with the titleholder that includes payments totaling US$350,000 to 30th June 2010 and an obligation to spend US$1 million on exploration during the first two years of the agreement. Various additional payments can be made to extend the exploration period, and Soltera has an option to acquire the mineral titles. Read more... |
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