Soltera Mining Corp.
OTC Bulletin Board : SLTA

Soltera Mining Corp.

August 20, 2007 09:30 ET

Soltera Mining Corp. Announces Appointment of New President and CEO

BUENOS AIRES, ARGENTINA--(Marketwire - Aug. 20, 2007) - Soltera Mining Corp. (OTCBB:SLTA)(FRANKFURT:SN7), an exploration stage company, announced today that Dr. Fabio Montanari, Economic Geologist, has joined Soltera as President and Chief Executive Officer. Dr. Montanari has succeeded Mr. Nadwynn Sing who will continue to serve as Soltera's Chief Financial Officer and Corporate Secretary. Dr. Montanari will be responsible for the overall management of Soltera, and has been mandated to grow shareholder value through further exploration and development of Soltera's recently acquired rights to explore and purchase mining claims in Argentina via its wholly owned subsidiary Incas Mineral S.A.

Dr. Montanari stated, "I am very delighted to play an integral role for Soltera going forward. Soltera's goal will be to identify and prove reserves by exploring high value projects that can be fast-tracked to the development and production stage. Soltera's primary focus will be to aggressively explore and develop the historic El Torno former gold mine in Argentina. Soltera believes that El Torno may offer significant potential for fast-tracked development and multiple new discoveries."

Mr. Sing stated, "Soltera has been extremely fortunate to engage Dr. Montanari as its President and Chief Executive Officer. I believe that Dr. Montanari has the knowledge and experience to bring Soltera to a new level, and I look forward to supporting his grand vision for Soltera."

Dr. Montanari brings to Soltera a distinguished international mining career spanning over twenty-five years. Included is senior experience spearheading advanced exploration and mining activities for a host of internationally recognized exploration and mining companies in North, Central and West Africa, South America, Europe, Canada and the United States. Dr. Montanari's responsibilities have encompassed various mining engineering, operations, pre-feasibility and general management positions, including business development roles at the corporate management level.

Dr. Montanari currently serves as a Director for RGM of Cagliari Italy, an advisory firm specializing in mining exploration, project assessment, and evaluation.

Dr. Montanari holds a doctorate degree in economic geology from the University of Ferrara, Italy. Additionally, he is the author of a textbook on economic geology, which has been adopted by several major Italian universities.

About Soltera Mining Corp.: Soltera is an exploration stage company, focused on further exploration and development of its historic El Torno gold prospect in Argentina. Soltera's primary mandate is to develop El Torno and to acquire further concessions that have high potential for near term discoveries and long-term sustainable returns.

Except for historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties, including but not limited to economic, competitive, governmental and technological factors effecting the Company's operations, markets, products and prices and other factors discussed in the Company's various filings with the Securities and Exchange Commission.

Contact Information