Soltera Mining Corp.

Soltera Mining Corp.

March 31, 2009 09:24 ET

Soltera Mining Corp.: Geochemical Results Confirm and Increase Major Gold Anomalous Zones at El Torno, Argentina

JUJUY, ARGENTINA--(Marketwire - March 31, 2009) - Dr. Fabio Montanari, President and CEO of Soltera Mining Corp. (PINK SHEETS:SLTA)(FRANKFURT:SN7), is pleased to announce that the results of a detailed geochemical survey at El Torno, Soltera's flagship gold property in Argentina, are now available.

El Torno is located in the Andean Cordillera near the international border with Bolivia. The property, which covers approximately 79 square kilometers, contains a set of very large gold-bearing quartz veins that extend intermittently for at least 14 km north-south within metamorphosed sedimentary rocks of Ordovician age.

The central parts of the western vein system have been worked since the Inca Period and there are more than 1,000 m of underground galleries. 2,100 m of drilling in 1997 showed that a 2 m thick zone on the west side of the vein carries up to 37 gpt (grams per tonne) gold and suggested that there is potential for several million ounces along the full length of the vein. Samples of country rock some distance from the main vein have also shown up to 112 gpt gold (historical results not NI 43-101 compliant).

Soltera has carried out two gold geochemical surveys. The first was reconnaissance and consisted of 596 stream sediment samples that covered about 100 square kilometers. The results showed a series of anomalies extending the full 14 km length of the vein system together with several broad anomalies in the country rocks up to 2 km away from the main vein. This survey was reported in an April 2008 press release.

The second focused on the anomalies identified by the first survey and consisted of around 1,000 samples covering an area of about 15 square kilometers. The results were excellent and confirmed the presence of a major gold anomalous zone about 5 km north-south and up to almost 2 km wide centered on the vein system but extending well beyond the vein into the country rocks on either side. There is also a separate anomalous area of about one square kilometer located about 1 km east of the main vein in the south.

These well structured and strong anomalies suggest that gold is dispersed in zones throughout the country rocks around the vein system and they form precise and important exploration targets for possible open-pit mineralization. In this respect, they differ from the vein mineralization where the target is gold-rich quartz veins which would require underground mining. Both types of target are large-scale.

The next step is to carry out a two-pronged exploration program on both the geochemical anomalies and the main vein system. The geochemical anomalies will be tested by a limited geophysical survey, surface sampling and trenching, and shallow drilling. The vein system will be tested also by a geophysical program, followed by mapping of the old gold workings and a limited program of diamond drilling.

Soltera is currently in the process of raising funding to carry out these programs.

Safe Harbor Statement: Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Information or opinions in this document are presented solely for informative purposes and are not intended nor should be construed as investment advice. We encourage you to carefully review the Company with your investment advisor and verify any information that is important to your investment decision.

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