Soltoro Drilling Intercepts 91.3 Metres of 129 gpt Silver

Soltoro Drilling Intercepts 91.3 Metres of 129 gpt Silver Equivalent
Including 11.2 Metres of 537 gpt Silver Equivalent in a Massive
Sulphide Zone 
TORONTO, ONTARIO -- (Marketwire) -- 01/18/13 -- Soltoro Ltd. (TSX
VENTURE:SOL) has completed three additional diamond drill holes at
the El Rayo primary silver project in Jalisco, Mexico. A 350
metre-deep hole was completed below the Las Bolas deposit and two
holes were completed north of the La Soledad West deposit. At Las
Bolas, 91.3 metres of 129 g/t silver equivalent was intersected
including 11.2 metres of massive sulphide mineralization grading 537
g/t silver equivalent encountered 318.8 metres down hole. The deep
hole at Las Bolas extends mineralization 70 metres down-dip from the
nearest hole with a substantial increase in silver grades. At La
Soledad, 0.3 metres of 3,320 g/t silver was returned extending the
known high grade silver mineralization an additional 60 metres down
dip. 
At Las Bolas, the upper portion of the 91.3 metre mineralized
intercept consists of a sulphide-poor quartz-hematite stockwork
typical of the mineralization found to date in the Las Bolas deposit.
The last 11.2 metres of mineralized interval intercepted a massive
silver-bearing quartz-galena zone occurring in the footwall of the
stockwork zone. In the following table, results are presented for the
entire mineralized interval followed by results for the stockwork
zone and then the sulphide zone: 


 
--------------------------------------------------------
                                                 DRILLED
STYLE OF                    DRILL                  WIDTH
 MINERALIZATION              HOLE   FROM     TO      (m)
--------------------------------------------------------
STOCKWORK & SULPHIDE RAY12-152(1)  241.7  333.0     91.3
                    ------------------------------------
                        including  271.5  330.0     58.5
--------------------------------------------------------
STOCKWORK            RAY12-152(1)  241.7  315.3     73.6
                    ------------------------------------
                        Including  271.5  304.5     31.5
--------------------------------------------------------
SULPHIDE             RAY12-152(1)  318.8  330.0     11.2
                    ------------------------------------
                        Including  321.5  322.5      1.0
--------------------------------------------------------
 
----------------------------------------------------------------------------
STYLE OF                    DRILL     Ag     Au     Cu     Pb     Zn AgEq(2)
 MINERALIZATION              HOLE  (g/t)  (g/t)    (%)    (%)    (%)   (g/t)
----------------------------------------------------------------------------
STOCKWORK & SULPHIDE RAY12-152(1)     92   0.03   0.02   1.59   0.04     129
                    --------------------------------------------------------
                        including    119   0.05   0.02   2.46   0.04     175
----------------------------------------------------------------------------
STOCKWORK            RAY12-152(1)     70   0.02   less   0.20   0.03      75
                                                  than                      
                                                  0.01                      
                    --------------------------------------------------------
                        Including     97   0.03   less   0.23   0.01     104
                                                  than                      
                                                  0.01                      
----------------------------------------------------------------------------
SULPHIDE             RAY12-152(1)    278   0.13   0.10  11.51   0.14     537
                    --------------------------------------------------------
                        Including    535   0.21   0.15  22.74   0.16   1,045
----------------------------------------------------------------------------
(1)  Recovery for the interval from 310.50 m to 315.30 m was 36%.           
(2)  AgEq - Silver equivalent includes Au, Ag and Pb and excludes Cu & Zn.  
     Assuming 100% metallurgical recovery, pricing is as follows: Au -      
     US$1,675/oz.; Ag - US$31.30/oz.; Pb - US$1.00/lb.                      

 
Andrew Thomson, President and C.E.O. of Soltoro Ltd., stated: "The
presence of silver-rich massive sulphides at depth below the Las
Bolas deposit provides Soltoro with a significant opportunity to
define additional silver resources at Las Bolas. To date the Company
has been primarily focused on defining open-pittable silver resources
at El Rayo. In the short term three additional drill holes are being
completed to the north, south and below drill hole Ray 12-152 to
further test the scope of the sulphide mineralization at depth and
along strike." 
The presence of a sulphide-rich zone near the base of the typically
sulphide-poor Las Bolas stockwork zone requires further
investigation. On completion of the three planned drill holes,
Soltoro will have better clarity as to the relationship of the
sulphide-poor stockwork-type silver mineralization and the massive
sulphide mineralization. These holes will also assist in defining the
extent of this sulphide-rich mineralized zone.  
At La Soledad drill holes RAY11-150 and RAY11-151 were completed to
test the down-dip extension of high-grade silver intersections
encountered in diamond drill holes RAY11-148 and RAY11-149. Hole
deviation problems, caused by a strong north-south-trending fault
zone, prevented hole RAY12-150 from reaching its intended target.
Hole RAY12-151 successfully encountered mineralization assaying 0.3
metres of 3,320 g/t silver further demonstrating the high-grade
silver nature of the La Soledad West zone: 


 
----------------------------------------------------------------------------
                                                           DRILLED          
                                                          WIDTH(1)        Ag
DEPOSIT AREA              DRILL HOLE      FROM        TO       (m)     (g/t)
----------------------------------------------------------------------------
La Soledad                 RAY12-151    216.85    217.70      0.85     1,236
----------------------------------------------------------------------------
                           including    216.85    217.15      0.30     3,320
----------------------------------------------------------------------------
(1)  All widths are reported as drilled width. True width is unknown at this
     time.                                                                  

 
Drill location maps and sections may be viewed at:
www.soltoro.com/projects/pdf/NR145maps.pdf. 
Assaying from this program was completed by ALS Chemex through their
office in Guadalajara, Mexico. Gold was analyzed using a 30g fire
assay with AA finish while the silver is analyzed using a four acid
"near total" digestion package, lead overlimits were analyzed using
volumetric titration. Mr. Steven T. Priesmeyer, C.P.G., Vice
President of Exploration for Soltoro Ltd. and a qualified person as
defined by NI 43-101 has reviewed and approved the contents of this
press release.  
About Soltoro: 
Soltoro is engaged in exploration for bulk tonnage gold and silver
deposits in Mexico. Soltoro holds an interest in an excess of 55,000
hectares of ground in Jalisco State. Soltoro is focused on expanding
silver resources at the El Rayo silver project while seeking partners
to advance the balance of its projects. Soltoro holds 15% of the
common shares of Argentum Silver Corp. and a 3% N.S.R. payable to
Soltoro on the Victoria and Coyote properties. Soltoro's La Tortuga
project has been optioned to Gold Reserve Inc. Soltoro has 59,783,037
shares outstanding and trades on the TSX Venture Exchange under the
symbol SOL. Coeur d'Alene Mines Corp. holds 4.5 million shares of
Soltoro Ltd. 
This communication to shareholders and the public contains certain
forward-looking statements. Actual results may differ materially from
those indicated by such statements. All statements, other than
statements of historical fact, included herein, including, without
limitations statements regarding future production, are
forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could
differ materially from those anticipated in such statements. 
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. 
Contacts:
Soltoro Ltd.
Andrew Thomson
President
(416) 987-0722
www.soltoro.com
 
 
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