Soho Resources Corp.
TSX VENTURE : SOH

Soho Resources Corp.

March 08, 2010 10:00 ET

Soho Resources Engages Snowden Mining Industry Consultants Inc. to Complete Preliminary Economic Assessment on Tahuehueto Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 8, 2010) - Soho Resources Corp. (TSX VENTURE:SOH) ("Soho" or the "Company") is pleased to announce that it has engaged Snowden Mining Industry Consultants Inc. ("Snowden") to produce a NI 43-101 compliant Preliminary Economic Assessment ("PEA") for its Tahuehueto Project located in Durango, Mexico.

Snowden is an established international mining consultancy that commenced operations in Perth, Western Australia in 1987 and has now consulted on projects for over 150 clients' worldwide, covering a wide range of mineral commodities. Snowden's existing client base includes most of the international mining houses. Snowden now employs approximately 180 staff in offices in Perth, Brisbane, Vancouver, Johannesburg, London and Belo Horizonte.

The purpose of the PEA is to provide an independent economic analysis that will outline several possible options in regard to further development of the Tahuehueto Project and provide analysis on the economic potential of the project.

The Tahuehueto Project currently contains an NI 43-101 compliant resource consisting of 7.4 million tonnes Measured & Indicated, and an additional 4.8 million tonnes Inferred using a cutoff grade of 2 grams per tonne AuEQ with M&I grades averaging 2.10 grams Au, 34.97 grams Ag per tonne, 0.28% copper, 1.06% lead and 2.01% zinc. (See chart below)

CUTOFF
2 GRAMS/TONNE
GOLD SILVER COPPER LEAD ZINC

Category
  Tonnes
(,000's)

g/t
Oz.
(,000's)

g/t
Oz.
(,000's)

Cu%
Lbs.
(,000's)

Pb%
Lbs.
(,000's)

Zn%
Lbs.
(,000's)
Measured 26% 3,254 2.40 251 36.30 3,798 0.28 20,439 1.10 79,228 2.07 148,759
Indicated 34% 4,123 1.87 248 33.92 4,496 0.27 24,900 1.03 93,511 1.96 177,894
Total M&I 60% 7,377 2.10 498 34.97 8,294 0.28 45,339 1.06 172,738 2.01 326,653
                         
Inferred 40% 4,868 1.06   31.77   0.23   1.23   2.26  
CUTOFF 3 GRAMS/TONNE GOLD SILVER COPPER LEAD ZINC
Category   Tonnes (,000's) g/t Oz. (,000's) g/t Oz. (,000's) Cu% Lbs. (,000's) Pb% Lbs. (,000's) Zn% Lbs. (,000's)
Measured 29% 2,304 3.14 232 43.22 3,201 0.34 17,108 1.32 67,122 2.45 124,209
Indicated 34% 2,757 2.29 203 33.46 2,966 0.27 16,269 0.98 59,796 1.86 113,354
Total M&I 63% 5,061 2.67 435 37.90 6,167 0.30 33,377 1.14 126,968 2.13 237,563
                         
Inferred 37% 2,946 1.38   34.53   0.26   1.43   2.68  
CUTOFF 4 GRAMS/TONNE GOLD SILVER COPPER LEAD ZINC
Category   Tonnes (,000's) g/t Oz. (,000's) g/t Oz. (,000's) Cu% Lbs. (,000's) Pb% Lbs. (,000's) Zn% Lbs. (,000's)
Measured 30% 1,646 3.98 211 48.40 2,562 0.39 14,222 1.46 53,085 2.78 101,023
Indicated 34% 1,844 3.16 187 40.58 2,405 0.33 13,548 1.20 48,580 2.27 92,365
Total M&I 64% 3,490 3.55 398 44.27 4,967 0.36 27,771 1.32 101,665 2.51 193,388
                         
Inferred 36% 1,945 1.72   38.07   0.30   1.56   3.11  

The resource figures presented above are from a NI 43-101 compliant mineral resource estimate report prepared by Scott E. Wilson Consulting, Inc. ("Wilson Consulting") based in Englewood, Colorado. The "qualified person", (as such term is defined in NI 43-101), who prepared the mineral resource estimates disclosed in this press release is Mr. Scott Wilson, B.A. Geology, a Certified Professional Geologist and member of the American Institute of Professional Geologists in Denver, Colorado (see news release dated 25 June, 2009)

Mr Ralph Shearing, P.Geol., also a "qualified person" is responsible for the preparation of this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

Ralph Shearing, Chief Executive Officer

WARNING: The Company relies upon litigation protection for "forward-looking" statements. This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of up-coming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Soho Resources Corp. relies upon litigation protection for forward-looking statements.

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