Soldi Ventures Inc.

Soldi Ventures Inc.

September 20, 2010 16:00 ET

Soldi Ventures Inc. Acquires Gold Prospect Next to Rainy River Gold Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2010) - Soldi Ventures Inc. (Soldi) (TSX VENTURE:SOV) has acquired the Rainy River Block "A" property which consists of 3 contiguous claims containing a total of 471 hectares (28 claim units) immediately south of the Rainy River Gold Project, in the Kenora Mining District of Northwestern Ontario. Rainy River Resources Ltd. has stated that its resource estimate has increased to 2.37 Moz gold in the indicated category and 2.66 Moz gold in the inferred category, after their 2009 drilling program. The discovery of significant gold mineralization in this area within the last 18 years indicates that a new gold camp is under development.

Soldi is currently in negotiations to acquire additional land in the immediate area. Bayfield Ventures Corp. has also experienced drilling success in the area, with results as high as 35.93 g/t gold over 10.0m within 13.28 g/t gold over 28.0m (Refer to the Bayfield September 7, 2010 release) among other notable intercepts. With recent discoveries in this region, Rainy River Resources Ltd. and other explorers are recognizing the potential the northeast southwest trending Rainy River belt has for hosting gold and volcanogenic massive sulphide (VMS) deposits.

The Canadian National Railway is located approximately 17 kilometers to the south and runs east-west immediately north of the Minnesota border. The nearby towns and villages of Fort Frances, Emo and Rainy River are located along this railway line. The property is easily accessible through a network of highways and is within 1.5 km of provincially maintained grid roads. The property is generally flat with a mean elevation of 350 meters above sea level and will allow for year round exploration.

This newly acquired property covers a volcanic/sedimentary contact and is been cut by numerous northwest trending structures which were confirmed by previous geophysics. Northwest structures appear to be the host of known gold mineralization in the area.

A program to identify and test gold and base metal targets on the property was carried out in 2007. This program included line cutting (29.1 line kilometers at 100 meter line spacing), a ground magnetometer survey and a horizontal loop electromagnetic(EM) survey (29.1 kilometers), and 5 diamond drill holes totaling 1269.2 meters (522 rock samples submitted for assay). One of the drill holes was drilled in the location which has till samples measuring up to 15,000 ppb gold (reported by Mingold 1993), but the exploration did not find the source of the gold mineralization contributing to this high till gold value. Basal till sampling has been very successful in tracing gold mineralization back to its source in this area.

Records of additional historical data have been acquired by Soldi, including an airborne electromagnetic survey, with follow up drill data, which dates back to 1971. Another airborne survey was flown in 1972, with follow up ground geophysics and diamond drilling in 1973, as part of a regional base metal exploration program.

In 1991 an Ontario Geological Survey report (Bajc 1988, 1991a 1991b), on tills in the area, indicated a large potential area with elevated gold and base metals in the tills. Follow-up drilling consisted of regional till sampling with reverse circulation drilling and ground grids with geophysics and mapping along with diamond drilling. In 1995 Nuinsco discovered widespread gold and base metals in bedrock which lead to the discovery of the Rainy River deposit just to the north of Soldi's newly acquired property.

Mike Magrum, P.Eng., a qualified person under National Instrument 43-101, has approved the technical content of this news release.

Soldi Ventures Inc. (TSX VENTURE:SOV) is a Junior Exploration Company based in Western Canada. The Company's primary goal is to explore for gold in North America.

For additional information please contact Soldi Ventures Inc. or visit

On behalf of the board of SOLDI VENTURES INC.

Charles Desjardins, President, CEO, CFO, Secretary 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. The production rate and mine-life projections have been made without support of a feasibility study, there is no certainty the proposed operations will be economically viable. 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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