Soldi Ventures Inc.

Soldi Ventures Inc.

April 18, 2011 14:15 ET

Soldi Ventures Inc. is Awaiting Assay Results from its Winter Drill Program on the Rainy River and Cameron Lake Claims

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 18, 2011) - Soldi Ventures Inc. (Soldi) (TSX VENTURE:SOV) has completed a winter diamond drilling program on its Rainy River and Cameron Lake area claims in northwestern Ontario. The spring thaw has made access trails difficult and, in one case, impassable. Future drill testing of the Rainy River claims will be postponed until early summer, or, depending on ground conditions, next winter. Surface exploration is also planned for the summer months, which is expected to define additional drill targets.

The winter diamond drilling program consisted of seven holes totaling 1791 metres. Five holes were drilled on Cameron Lake Block "B", and two holes totaling 369 metres on Rainy River Block "C". At Cameron Lake, four holes tested the extension of the gold-bearing Dubenski shear from the adjacent Dubenski property, and one hole was drilled under the Meahan gold zones. Soldi is awaiting complete assay results.

On Rainy River Block "C", drilling tested combined magnetic-electromagnetic anomalies from a recent VTEM® airborne survey. The anomalies appear to be caused by disseminated to streaky pyrrhotite in mafic volcanic and intrusive rocks. Samples have been sent for analysis.

Planned drill holes to test airborne electromagnetic anomalies on Rainy River blocks "A" and "D" required crossing swampy terrain on private land. Once the spring melt commenced, projected access trails became difficult to impossible to use, and using them would, in any case have made an unacceptable mess. Accordingly, the decision was made to postpone further drilling until summer. If ground conditions have not improved sufficiently to use the planned access trails in summer, then the targets will be tested next winter.

Surface exploration, primarily prospecting, mapping and sampling, is planned for Rainy River Blocks "B" and "C". On the 14,000-acre block "B", several areas of interest have been defined by previous exploration. Previous prospecting had sampled mineralized rocks that gave assays up to 0.45 grams per tonne gold. A government lake-sediment geochemical survey defined several anomalies up to 229 ppm copper (median value = 50 ppm), one of which also contains the anomalous value of 0.44 ppm silver (median value = 0.13 ppm). The VTEM® airborne survey defined 103 separate EM anomalies that form 36 discrete conductive trends. The longest and strongest of these conductive trends are associated with the margins of the Phinney Lake stock, a high-level granitic body that has intruded into the volcanic pile. Airborne magnetic data show several cross-faults, one of which is spatially associated with the copper-silver lake-sediment anomaly and two separate conductive trends. Block "C" appears to have had little or no prior exploration, and will be significantly advanced by a prospecting and sampling program.

To view a detailed map of Soldi's complete land position please visit the following link:

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 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
"Charles Desjardins"

Charles Desjardins

"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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