VANCOUVER, Sept. 22 /PRNewswire-FirstCall/ -- Solitaire Minerals Corp. (TSX-V symbol: SLT) (Solitaire) is pleased to announce that it has acquired approximately 40 mineral claim units tied to the Canasia Industries Corporation Clone gold property. The claims total approximately 1,800 acres.
On September 17th, 2009, Canasia Industries Corporation (Canasia) reported, "Drilling on the Clone gold property, situated 18 km southeast of Stewart, BC, is now complete and six of the fifteen holes drilled in phase two contained visible gold in sections. The operator has recently informed Canasia that due to high gold values obtained during the first phase of assaying, the results are being re-checked prior to release from Pioneer Laboratories."
The terms of the option agreement state that Solitaire must pay the vendor $70,000 and 700,000 common shares staged over a two year period with a 2% NSR payable to the vendor. These terms are subject to TSX Venture Exchange approval and are also subject to a 45 day Due Diligence period during which time Solitaire will conduct a property visit.
About Solitaire Minerals Corp. (TSX-V symbol: SLT): Solitaire Minerals Corp. is a diversified Junior Canadian Mineral Exploration Company with a specific focus on precious and base metal properties in North and South America. The Company has assembled exploration projects in Ontario, Saskatchewan, the Northwest Territories, Quebec, British Columbia, and in southern Peru.
On Behalf of the Board of Directors SOLITAIRE MINERALS CORP. "Charles Desjardins" Charles Desjardins, President and Director 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. Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.
Solitaire Minerals Corp.
CONTACT: contact Solitaire Minerals Corp. or visit
http://www.solitaireminerals.com/
