Monday, 06 September 2010

 
Soltera Mining and Goldlake Group Sign Agreement to Explore and Develop Gold Production

JUJUY, ARGENTINA--(Marketwire - 06/23/10) - Dr. Fabio Montanari, President and CEO of Soltera Mining Co. (PINK SHEETS:SLTA - News) (Frankfurt:SN7 - News), is pleased to announce that Soltera has signed an agreement with Goldlake Group, a world leader in the production of natural/ethical gold from alluvial deposits in Honduras, Central America. The first objective of the agreement is to develop eluvial gold production from the El Torno property in northern Argentina.

 
Company Overview

Soltera Mining Corp. (OTC: SLTA.PK) is a gold exploration company concentrating on its large-scale El Torno Gold Project in the Province of Jujuy in north-west Argentina.  Soltera is an unusual exploration company in the sense that it is following two distinct lines of action: the first is to explore potentially large vein and dispersed gold deposits that occur within the 78 km2 title area; while the second is to develop the easily exploited and substantial surficial gold deposits that have formed by weathering of the underlying gold-bearing bed rocks.

Portfolio Highlights:

  • Major gold exploration project at El Torno in Argentina with large-scale potential for both underground and open-pit mining.
  • Near-term small-scale gold production being developed from gold-bearing surficial deposits found in several parts of the area.
  • Sur Eureka copper-gold project in Argentina, 3 km from El Torno, which at the moment is essentially a holding project over a 29 km2 area with good potential for stratabound copper.
    • 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. 


      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 veins that can extend up to 1 km from the main vein. 

      Read more...

      EL TORNO GOLD PROJECT REPORT

 
Argentina Map
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