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Last C$0.31 CAD
Change Today +0.01 / 3.39%
Volume 645.1K
SOL On Other Exchanges
As of 3:58 PM 05/1/15 All times are local (Market data is delayed by at least 15 minutes).

soltoro ltd (SOL) Snapshot

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05/1/15 - C$0.32
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11/5/14 - C$0.08
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soltoro ltd (SOL) Details

Soltoro Ltd., a development stage company, through its subsidiary, Soltoro S.A. de C.V., engages in the exploration and development of mineral resources in Mexico. It primarily explores for silver, gold, and copper. The company holds an interest in approximately 55,000 hectares of ground in Jalisco State. Its principal property includes the El Rayo silver-gold project covering approximately 10,036 hectares located in the State of Jalisco in southwestern Mexico. Soltoro Ltd. was incorporated in 2005 and is headquartered in Toronto, Canada.

Founded in 2005

soltoro ltd (SOL) Top Compensated Officers

Chief Executive Officer, President, Treasurer...
Total Annual Compensation: C$195.0K
Chief Financial Officer, Secretary and Direct...
Total Annual Compensation: C$65.0K
Vice President of Exploration
Total Annual Compensation: C$170.0K
Compensation as of Fiscal Year 2013.

soltoro ltd (SOL) Key Developments

Agnico To Spin Off 3 Soltoro Properties

Soltoro Ltd. (TSXV:SOL) has three more gold-silver properties, but they are in the less desirable states of Chihuahua, Hidalgo and Queretaro, so Agnico Eagle Mines Limited (NYSE:AEM) will spin them to a new company along with $2 million.

Soltoro Ltd. Auditor Raises 'Going Concern' Doubt

Soltoro Ltd. filed its Annual on Apr 09, 2015 for the period ending Dec 31, 2014. In this report its auditor, Ernst & Young LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Soltoro Ltd. Completes Panel Sampling Program on Tecolote Project

Soltoro Ltd. has completed the panel sampling on its 100%-owned Tecolote gold project located in Jalisco, Mexico. The Tecolote Project lies within the Guachinango District, which includes Soltoro'sEl Rayo Primary Silver Project and the El Barqueno Gold Project recently acquired by Agnico Eagle Mines Limited. All three projects lie within a broad northwest-trending belt of gold-silver mining districts that also includes Endeavour Silver's San Sebastian Project. During reconnaissance geologic mapping in 2014, Soltoro identified several zones with the potential to host large tonnage, low-grade gold mineralization. These include broad areas of clay alteration, as well as areas of northeast-trending quartz-hematite stockwork and breccia. The clay alteration zones are related to felsic intrusive centers and are controlled by the intersections of a northeast-trending structural zone, extending onto the El Barqueno property to the southwest, with secondary northwest-trending structures. The recognition of these targets led to a detailed panel sampling program (large volume samples) intended to systematically evaluate potential of the clay alteration zones to host a significant gold target. The panel sampling program was subsequently expanded to include several areas containing quartz-hematite stockworks. During the panel sampling program, which began in August of 2014, 379 panel samples were collected from seven target zones. Results indicate the presence of anomalous gold in three zones: Cerro Colorado, San Eusebio and Veta Grande. Gold values in these areas range from below detection limit up to 3,570 ppb (3.57 g/t) gold. Anomalous gold is associated with sporadic, low-level anomalies of copper, silver, bismuth and lead in the San Eusebio and Veta Grande areas and with zinc, lead, silver, bismuth and manganese in the Cerro Colorado area. The 1,500 metre-long Cerro Colorado target includes four zones of mineralization: Veta Victoria, Cerro Colorado, Colorada mine and Veta La Magnifica. Twenty-eight (28) of 88 panel samples contain greater than 10 ppb gold with a maximum of 3,570 ppb gold. Prior sampling of veins within the Cerro Colorado zone yielded 10.30 g/t gold and 104 g/t silver over 1.00 metre from the Colorada mine and 8.08 g/t gold, 20 g/t silver over 0.80 metres from the Veta Victoria and 1.12 g/t gold and 11 g/t silver over 0.90 metres from the Veta La Magnifica.


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