Solitaire Minerals Corp.

Solitaire Minerals Corp.

February 23, 2010 15:29 ET

Solitaire Minerals Corp. and Ashburton Ventures Inc. Commence Drilling at the Chukuni Property in Red Lake, Ontario

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 23, 2010) - Solitaire Minerals Corp. (TSX VENTURE:SLT) (Solitaire) and Ashburton Ventures Inc. (TSX VENTURE:ABR) (Ashburton) are pleased to announce that a 1,000 meter drilling program has commenced at the Chukuni property situated in the Red Lake Gold Camp, Ontario. Drill locations have been selected using the combined data from the Induced Polarization (IP) survey and the recently completed Mobile Metal Ion (MMI) soil survey.

The 2009 summer exploration program on the Chukuni property involved an Induced Polarization (IP) survey with follow up field work and sampling of the accessible IP anomalies. Due to the lack of outcrop, MMI soil surveys were carried out over five of the six best IP anomalies. A strong IP response that is typical for gold mineralization was obtained over the northern contact of the Howey Bay Intrusive. Of the five sampled IP anomalies, three also returned weak to moderate gold responses.

The Chukuni property lies within the southern corridor of the Cochenour- Gullrock deformation zone and is of particular interest within the Red Lake Mining District as this zone hosts the well known Red Lake-Campbell Mine Complex. Goldcorp's Red Lake-Campbell Mine Complex, approximately 3.5 km to the north of the Chukuni property, and currently one of Canada's largest and richest Archean gold deposits. Goldcorp's Red Lake-Campbell Mine Complex produced 629,000 ounces of gold in 2008 (source: Goldcorp's website at the following link

Ashburton has an option agreement with Solitaire to acquire a 60% interest in the Chukuni Property consisting of 3 claims, covering 2,035 acres in the Red Lake Mining District of Ontario.

Tom E. McCandless, Ph.D, P.Geo, a director of Ashburton and Qualified Person as defined by N.I. 43-101, has approved the information in this press release.

About Solitaire Minerals Corp. (TSX VENTURE:SLT) 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 and British Columbia.

For additional information please contact Solitaire Minerals Corp. or visit

On Behalf of the Board of Directors
"Charles Desjardins"

Charles Desjardins,
President and Director

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.

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.

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