Solitaire Minerals Corp.
TSX VENTURE : SLT

Solitaire Minerals Corp.

September 20, 2011 09:00 ET

Solitaire Minerals Corp. Conducting Mag-VLF and IP Surveys at the Windfall Lake Land Package, Quebec

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 20, 2011) - Solitaire Minerals Corp. (TSX VENTURE:SLT) (Solitaire) reports that it has completed 133km of line cutting on the Windfall Lake property and is currently conducting a Magnetometer (Mag) – Very Low Frequency (VLF) and an Induced Polarity (IP) Survey.

Solitaire also reports that it has acquired the Greenstone property as a result of the analysis of all technical data collected from its previous exploration work in the area. The Greenstone property encompasses 500 hectares and is now included within the Windfall Lake Land Package.

Solitaires property is located along the southwest trend of Eagle Hill Exploration Corp.'s Windfall Lake property and BonTerra Resources Inc.'s Eastern Extension property. Eagle Hill's Windfall Lake property hosts high-grade gold veins and has potential for wide mineralized zones of gold mineralization which has underground and near-surface bulk mining potential.

Pursuant to the terms of the option agreement, Solitaire will pay a cumulative amount of $25,000 cash and issue 900,000 common shares over a three year period. The Greenstone property is subject to a 2.0% Net Smelter Royalty ("NSR"). Solitaire shall have an option to purchase 1% of the NSR for the sum of $1,000,000 at any time up to when a production decision is made. The terms of the agreement are subject to regulatory approval of the TSX Venture Exchange.

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

About Solitaire Minerals Corp.

Solitaire Minerals Corp. (TSX VENTURE:SLT) is a diversified Junior Canadian Mineral Exploration Company with a specific focus on precious and base metal properties in North America.

For additional information please contact Solitaire Minerals Corp. or visit www.solitaireminerals.com.

On Behalf of the Board of Directors

SOLITAIRE MINERALS CORP.

Charles Desjardins, President 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. 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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