Soldi Ventures Inc.

Soldi Ventures Inc.

February 08, 2011 09:00 ET

Soldi Ventures Inc. Plans to Drill Up to 2,500 Meters This Winter on Phase One of Its Drilling Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 8, 2011) - Soldi Ventures Inc. (TSX VENTURE:SOV) (Soldi) reports that the Company has signed a contract for a 2,500 meter diamond drilling program on its Rainy River and Cameron Lake claims in northwestern Ontario.

Drill targets have been defined on Rainy River Blocks "A" and "C" by processing and modeling of airborne magnetic and VTEM® survey data by Condor Consulting Inc. These targets are coincident magnetic and electromagnetic anomalies that have all the characteristics of potentially mineralized sulphide zones.

On Rainy River Block "D" and Cameron Lake Blocks "A" and "B", additional processing of the airborne survey data is under way, and targets will be selected on the basis of interpretation of the processing results.

The main target on Cameron Lake Block "B" is the Dubenski shear, which hosts gold mineralization on the adjacent property. A crew is in the field checking ice conditions to determine if it is feasible to drill this shear zone where it lies under the water of Flint Lake. A 700 metre length of the shear zone lies under the lake. It may be possible to drill portions of this target from the shore if ice conditions are unsuitable for drill pads.

Technical information in this news release has been prepared by Colin Bowdidge, Ph.D., P.Geo., Qualified Person as defined in NI 43-101 for Soldi.

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

You can now find Soldi Ventures Inc. on twitter at HTTP://

Soldi Ventures Inc. (TSX VENTURE:SOV) is a Canadian 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, 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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