Solid Resources Ltd.

November 10, 2011 13:17 ET

Solid Resources Investor Presentation Now Available Online

CALGARY, ALBERTA--(Marketwire - Nov. 10, 2011) -

Editor's Note: There is a photo and a video associated with this release.

On October 24, 2011 The Howard Group hosted its 3rd annual "Opportunity Knocks" investor conference in Calgary. Greg Pendura, President & CEO of Solid Resources (TSX VENTURE:SRW) (OTCQX:SLDRF) (FRANKFURT:YRS) provided an overview of the company to an audience of investment advisors & private investors.

A recording of the presentation is now available online. Click here to view -

Highlights on Solid are as follows:

  • Spanish rare metals property – former tin mine.
  • Proven mineralization –Tin, Tantalum, Lithium, Niobium, Cesium and Rubidium.
  • The Spanish Ministry of Industry, Tourism and Trade granted Solid the maximum subsidy of 20% for exploration work carried out on the Alberta-1 (Doade-Presqueiras) rare metal concession in NW Spain during 2011.
  • For 2012, the Ministry has again granted Solid the maximum subsidy available for exploration, based upon our performance in 2011.
  • The 2011 drill program, which consisted of 31 drill holes, totaling 3,364 m, has substantiated over 11 km of continuous mineralised dykes. Management is extremely confident this will be expanded in 2012.
  • The recently announced NI 43-101 resource estimate confirmed 1.6 million tonnes Measured & Indicated and 8 million tonnes Inferred. This report represents less than 10% of the properties potential mineralised zone.
  • The results available confirm the expected average contents of the deposit can be estimated in the order of 150 g/t of Tantalum ($150/lb concentrate; $250/lb oxide) 800 g/t of Tin ($1/lb) and 1% Lithium (%= 22 lb/$2.50/lb) if an appropriate, selective mining operation is carried out.
  • No other commodity has a greater magnitude of supply shortfall than Tantalum.
  • Management believes Solid will be in the unique position to become a non-conflict provider of Tantalum and Tin, developing the first Tantalum mine in Europe.
  • Europe has identified both Lithium and Tantalum as "critical metals".
  • SGS in the UK, is currently conducting a metallurgical study, with results expected in late 2011.

About Solid Resources

Solid Resources is a Canadian junior mining company focusing on the exploration and development of rare and precious metals and industrial commodities worldwide. The Company is currently quantifying the presence of tantalum, tin, lithium and other rare minerals on its property in north-western Spain. In addition, further exploratory work is being conducted on its gold, copper concession in the Province of Ayabaca in northwest Perú

Certain statements contained in this press release, including statements which are related to exploration activity and future prospects and profitability and which may contain words such as "could", "should", "expect", "believe", "will" and similar expressions and statements relating to matters that are not historical facts are forward-looking statements. Such forward-looking statements involve known and unknown risks and uncertainties which may cause the actual results, performances and/or achievements of Solid to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Such factors include fluctuations in the market conditions and prices of tantalum, lithium, tin, silver and other metals and related products and services; competition; political and economic conditions in countries in which Solid does business; changes in laws and regulations, including environmental regulations, to which Solid is subject, and other factors which are described in further detail in Solid's filings with the Canadian Securities Regulators.

To view the fact sheet associated with this release, please see the following link:

To view the photo associated with this release, please see the following link:

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