Soldi Ventures Inc.

Soldi Ventures Inc.

March 09, 2011 10:01 ET

Soldi Ventures Inc. Expands the Current Drilling Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 9, 2011) - Soldi Ventures Inc. (Soldi) (TSX VENTURE:SOV) reports that the company has extended the current diamond drilling program on its Cameron Lake Block "B" property in northwest Ontario to include two additional drill holes for a total of five holes.

Drill holes FL-11-01, -02 and -03 were drilled in a southerly direction from the north shore of Flint Lake to test the possible extension of the Dubenski shear, which hosts gold mineralization on the adjoining property to the west. While hole FL-11-01 intersected only gabbro with a narrow band of intermediate tuff, holes FL-11-02 and -03 cut a zone of sericite schist with disseminated pyrite over core lengths of up to 87 metres. This sericite schist unit is believed to be the extension of the Dubenski shear. Samples will be sent for assay, but at this point the gold content of the sericite schist is not known.

A fourth drill hole is now under way to test the sericite schist unit 100 metres to the west of FL-11-03. A fifth hole on the Cameron Lake Block "B" will test the Meahan gold occurrence, where a 0.40 metre quartz vein has yielded assays of up to 66.2 grams of gold per tonne. The planned drill hole will test the possibility that multiple veins and other mineralized zones might yield a significant gold content, when averaged over a broad zone.

After the fifth hole on Cameron Lake Block "B", the drill will move to Rainy River Block "C" to test an airborne VTEM® anomaly with two holes on either side of an interpreted fault. From there it will move to Rainy River Block "A". Further drilling on the Cameron Lake claims will be dependent on assay results from the first five holes.

Technical information in this news release has been prepared and/or revised by Mike Magrum, P.Eng., Director and Qualified Person as defined in NI 43-101 for Soldi.

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Soldi Ventures Inc. (TSX VENTURE:SOV) is a Canadian junior gold exploration company focused on discovering world class gold deposits in politically safe jurisdictions. In light of the Rainy River gold discovery and others in the area, the Rainy River gold belt will be a high priority for the Company's exploration efforts.

On behalf of the board of SOLDI VENTURES INC.

Charles Desjardins, President

"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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