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Gold/Mining/Energy : Soltera Mining Corp. (OTCBB: SLTA) (Frankfurt: SN7)

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From: stepup_keepup9/19/2007 12:55:35 PM
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I have decided to start a board for Soltera Mining Corp. as I have been following them since their acquisition of their flagship El Torno project in Argentina. From what I can gather, the company is newly trading as it was essentially originated in 2007 to hold the exceptionally high quality / primary asset: The El Torno project. Perhaps someone in the know can tell me more about what appears to be a phenomenal work of negotiation and circumstances to snatch the El Torno property from Penoles. I am not certain people in the investment community actually realize the significance of the claim and just how large and flush with gold it is, I was told by a learned expert that the El Torno has allot of gold and it is just a matter of reviewing the past data that indicated at least 2M ounces in one small section and going from there. Here is what was summarized about it so eloquently:

Their flagship El Torno Property is a past producing mine located in Northern Argentina. Historically, El Torno is a large gold-rich quartz vein up to 14 km long and 14 m wide that was worked by the Incas, Jesuits and Spanish. Most recently Latin Americas leading producer of refined gold, Peñoles, re-interpreted Puma Mineral's exploration drill data and after further work Peñoles estimated (non 43-101 compliant) that a 1.3 km length of the vein would have the potential for more than 500,000 ounces of gold to a depth of 100 m and that a 2 to 2.5 km length to a depth of 400 m would have potential for more than 2 million ounces (assuming a grade of 10 g/t). The vein has more than 1,000 m of underground galleries. The vein extends north-south, is sub-vertical, and is accompanied in places by a stockwork system of small quartz and pyrite veins that can extend up to 300 m from the main vein.
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