Wednesday, February 28, 2007 1: 32 PM
Solitaire Minerals Corp. (TSX VENTURE: SLT)( OTCBB: SREMF) (the Business) reveals that Activation Laboratories (ActLabs) located in Ancaster, Ontario, has actually supplied the Company with an interpretation of the Soil Gas Hydrocarbon (SGH) analyses on a grid of soil samples gathered from the Business’s Riou Lake job in the Athabasca Basin of northern Saskatchewan.
Samples from the Main Grid, which where taken along the previously determined 8 km long escarpment fault (the escarpment is 8 km; the fault can be traced at least 12 km) produced 2 highly anomalous locations which Actlabs believe indicate a” Really High Likelihood” of a Uranium target at depth.
The SGH class signature in the exploration for a Uranium target is mostly made up of much heavier SGH classes of compounds. The Actlab analysis technique and meaning of the SGH Uranium signature has been established through research study given that 1997 by Actlabs, consisting of analysis of case studies, particularly from the two Canadian Mining Industry Research Company jobs (CAMIRO 97 E04 & 01 E02) as well as research performed by the Ontario Geological Study (OGS).
The three primary Uranium sign classes led to apical style abnormalities in two locations of the primary grid. These locations reproduced exceptionally well across the 3 SGH indicator classes which suggests that the analysis at this website was extremely conclusive. Hence, due to the agreement throughout the SGH Uranium indication classes, there is a “Extremely High Likelihood” of Uranium targets at the Main and Secondary target locations shown at the main grid. The Secondary target is just somewhat less in quality of agreement and may in fact have the exact same attributes as the Primary Uranium target area. In this interpretation, the best drill targets are most likely to coincide with the centre of the high SGH anomaly locations within the Main and Secondary target zones.
Jim Kermeen, M.Sc., P.Eng., the Business’s expert and Certified Individual for this release notes that these 2 abnormalities lie along the east-west Cliff Fault where it is intersected by north-south faults translated from the air-borne Megatem time domain electromagnetic and magnetic study flown by Fugro Airborne Surveys and more examined by Condor Consulting Ltd. The Primary Target Location is 3 km long and the Secondary Target Location is 2 km long.
Please visit the following link to observe the image of the Main and Secondary targets: http://www.solitaireminerals.com//pdf/exploration/slt_riou_targets.pdf
These two areas would appear to be outstanding drill targets. Nevertheless, last selection of drill sites rests upon completion of an interpretation of significant extra geochemical data which is anticipated shortly.
Although the Company has gotten several joint venture deals, the Company has actually picked to work the 100%owned Riou Lake North and South Characteristics and the 90%owned Riou Lake Center Home independently through the very first drilling phases.
Solitaire Minerals has called several business which have drills available to do the necessary operate in the Athabasca basin.
Approaching PDAC 2007
Solitaire Minerals would likewise like to reveal that the Company will be displaying at the upcoming PDAC Investors Exchange – Mining Financial Investment Program. Please visit our Cubicle #4401 on March 6-7th for updates on our amazing properties.
About Solitaire Minerals Corp.
Solitaire Minerals Corp. (TSX ENDEAVOR: SLT) is a varied junior Canadian mineral exploration business with a particular concentrate on mineral homes in The United States and Canada. The Company has assembled a portfolio of valuable and base metal exploration potential customers in Ontario, Saskatchewan, Alberta, and the North West Territories. Solitaire’s Ontario properties in the Red Lake/Birch-Uchi Greenstone Belt consist of the Baird, Heyson and Chukuni River Prospects, in which the Company has contracts to earn 100%in, but has not yet vested its interest. In addition, the Business has participated in an option arrangement with another business, where that business may make up to a 75%interest in the Baird Residential or commercial property. The Business also has a choice to make 100%in the Lateral Lake West home located in the Webb township of Ontario. In Saskatchewan, the Business has actually signed a purchase contract to obtain a 100%interest in the Highrock Lake property and a 90%interest in the Riou Lake Home located in the Athabasca Basin. The Company has actually also acquired the Riou Lake North and South properties in which the business has 100%interest. In Alberta, the Business has purchased the Ravenscrag home in which the Company has 100%interest. In the North West Territories, the Business has acquired the Secret Island IOCG Home located in the Great Bear Lake area in which the Company has 100%interest.
On Behalf of the Board of Directors
SOLITAIRE MINERALS CORP.
Charles Desjardins, President and Director
Declarations in this news release other than purely historic info, historic price quotes need to not be relied upon, consisting of statements relating to the Business’s future plans and objectives or expected outcomes, are positive statements. Press release includes specific “Forward-Looking Statements” within the significance of Section 21 E of the United States Securities Exchange Act of 1934, as modified. Forward-looking declarations are based on various assumptions and go through all of the dangers and uncertainties fundamental in the Business’s business, including threats inherent in resource expedition and development. As an outcome, real results may vary materially from those explained in the forward-looking statements.
The TSX Venture Exchange has not reviewed and does decline duty for the adequacy or accuracy of this release.
Contacts: Solitaire Minerals Corp. Charles Desjardins President and Director (604) 683-5445(604) 687-9631(FAX) Email: [email protected] Site: www.solitaireminerals.com
SOURCE: Solitaire Minerals Corp.
mailto: [email protected] http://www.solitaireminerals.com