Soltoro Ltd.
TSX VENTURE : SOL

Soltoro Ltd.

September 26, 2013 09:00 ET

Soltoro's Equity/Royalty Partner Extends Strike of El Tajo Vein and Trenches 1.2 Metres of 527 g/t Silver at the Coyote Project

TORONTO, ONTARIO--(Marketwired - Sept. 26, 2013) - Soltoro Ltd. (TSX VENTURE:SOL) holds 7,000,000 common shares or 15% of Argentum Silver Corp (TSX VENTURE:ASL).

Soltoro participates in discoveries and advancements at Coyote through its 15% equity holding in Argentum Silver and its retained 3% N.S.R. royalty interest in the Coyote property.

Argentum Silver has received assay results from its most recent trenching program at Argentum Silver's 100% owned Coyote property in Jalisco, Mexico. To date Argentum Silver has drill tested a 600 metre long section of the El Tajo vein with over 2,800 meters of drilling completed to an average depth of 85 vertical meters. Surface trenching has extended the main El Tajo Vein strike length an additional 375 meters to the south. The El Tajo vein remains open at depth and along strike to the south. In the La Valenciana zone, trenching has defined 2 new high grade silver zones; one with over 350 metres of strike length and a second with over 600 metres of strike length.

Highlights of the trenching programs, where values exceeded 90 g/t Ag, were returned as follows:

ZONE TRENCH
ID
CHIP
SAMPLE
WIDTH
(m)*
Ag
(g/t)
Au
(g/t)
EL TAJO Z-56 1.4 120 0.38
EL TAJO Z-58 1.2 190 0.10
EL TAJO Z-59 0.7 199 0.12
EL TAJO Z-112 0.6 170 0.08
LA VALENCIANA Z-64 1.2 527 0.30
LA VALENCIANA Z-65 4.5 97 0.13
LA VALENCIANA Z-66 5.7 172 0.10
LA VALENCIANA Z-70 2.2 132 0.28
LA VALENCIANA Z-71 2.4 92 0.10
LA VALENCIANA Z-89 0.8 141 0.12
LA COLORADA Z-4 3.0 262 0.02
LA COLORADA and 1.5 424 0.00
LA COLORADA Z-5 2.0 457 0.10
FLORIDA Z-103 0.7 111 0.02
FLORIDA Z-107 0.5 113 0.77
* True widths are estimated to be >95% of chip sample widths

Andrew Thomson, President and C.E.O. of Soltoro Ltd., stated: "The Argentum Silver trenching results from the El Tajo vein indicate they have added an additional 375 metres of strike length south of the 600 metres initially drill tested. Other silver zones on the balance of the property returned significant high grade silver values which have yet to be drill tested."

A trenching location map is available at: http://www.argentumsilvercorp.com/s/coyote.asp

The southern extension of the El Tajo Zone was identified in 13 trenches over a strike length of 375 metres and remains to be drill tested. All 13 trenches returned anomalous silver values generally greater than 10 g/t Ag including the most southern Trenches Z-56 through 59 (tabled above) which contained the best silver and gold grade continuity. Trenches Z-56 through 59 were completed along the most southern 100 metre section of the trend and it remains open to the south. Additional trenching and sampling is planned to define the extent of the zone.

North of the El Tajo Zone, 16 trenches were completed over a strike length of 600 metres. Some veining was encountered where silver assay values range from 10 to 48 g/t Ag. No significant mineralized widths were defined. More trenching is required to follow up on the anomalous silver values to determine if drilling is warranted.

The principal La Valenciana Zone was exposed by 13 trenches over a strike length of 350 metres and returned consistent silver values above 30 g/t Ag, including those highlighted in the table above. A secondary sub-parallel vein in the La Valenciana Zone was exposed by 20 trenches over a 600 metre strike length. This sub-parallel vein displayed consistent silver values above 10 g/t Ag. Argentum geologists believe surface assay values in the La Valenciana veins to be in the upper horizon of the silver mineralized system and that higher grades may be present at depth.

The La Colorada Zone was prospected by 13 trenches over a strike length of 430 metres and identified multiple quartz and mineralized zones. Trenches Z-4 and Z-5 represent 90 metres of lateral continuity of good silver grades.

Finally, the southern extension of the Florida Zone was exposed by 7 trenches over a 300 metre strike length. All trenches returned values of >30 g/t Ag including Z-103 and Z-107 tabled above. An additional 31 trenches tested several peripheral and sub-parallel zones to those described above, with only limited success.

The objective of the trenching program was to identify lateral extensions to known mineralized silver zones with good grades and widths in order to define future drill target areas. A total of 113 trenches were excavated and chip sampled principally on the El Tajo, La Valenciana, La Colorada, Bocancha, and Florida Zones. Trenches were completed over a total 1,636 meters spaced roughly every 25 metres along strike over selective portions of zone projections. A full table of results is available on the Company's website.

The Coyote project is located near the town of Chilacayote, within the state of Jalisco, Mexico. Road access and infrastructure are excellent. The property is approximately 150 kilometres southwest of the capital city of Guadalajara, roughly a 3 1/2 hour drive. Topography is generally gentle to moderate. A regional electrical power line crosses the property.

Assaying from this program was completed by ALS Chemex through their office in Guadalajara, Mexico. Analytical procedures include a 33 element ICP-AES analysis (ME-ICP61m) and a 50 g FA AA finish for gold (AA-24). Silver assays exceeding 100 g/t are re-assayed by HCL leach with an ICP-AES or AAS finish (OG62). Paul Cowley, P.Geo., Argentum Silver Corp.'s Senior Geological Consultant and Advisor, and a Qualified Person under NI 43-101 has designed and supervised the Argentum Silver Corp. program, and reviewed and approved the contents of Soltoro's press release.

Soltoro is engaged in exploration for gold and silver deposits in Mexico. Soltoro holds in excess of 41,000 hectares of ground in Jalisco State. Soltoro is focused on expanding silver resources at the El Rayo silver project while seeking partners to advance the balance of its projects. Soltoro holds 15% of the common shares of Argentum Silver Corp. with a 3% N.S.R. payable on Argentum Silver's Victoria and Coyote properties. Soltoro's La Tortuga project is under option to Gold Reserve Inc. Soltoro has 59,783,037 shares outstanding and trades on the TSX Venture Exchange under the symbol SOL. Coeur Mining, Inc. holds 4.5 million shares of Soltoro Ltd.

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. This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

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