SOL

Soltoro Ltd. (TSX VENTURE:SOL) has discovered the previously unknown Talayote
gold zone as part of its ongoing regional mapping and sampling program. Soil
sampling detected several isolated gold anomalies in the area and follow-up
geologic mapping and rock sampling revealed a series of northwest-trending
quartz veins. Veins in the Talayote area are similar in orientation to those in
the El Rayo gold deposit, located approximately 1.5 kilometres to the southeast.
Thirty-two samples have been collected from the Talayote area to date. Select
sample results are as follows: 




TARGET AREA               SAMPLE TYPE         WIDTH(1)         Au         Ag
                                                   (m)      (g/t)      (g/t)
----------------------------------------------------------------------------
Talayote                  Chip-Channel            0.30       2.52         23
----------------------------------------------------------------------------
Talayote                  Chip-Channel            0.60       2.02          6
----------------------------------------------------------------------------
Talayote                  Chip-Channel            0.60       2.98         15
----------------------------------------------------------------------------
Talayote                  Chip-Channel            0.20       1.50         14
----------------------------------------------------------------------------
                          Chip-Channel            2.30       2.18          2
Talayote                                                                    
                          Including               0.50      11.40          6
----------------------------------------------------------------------------
La Crucesita              Chip-Channel            0.40       7.77         26
----------------------------------------------------------------------------
La Crucesita              Chip-Channel            0.30       1.20         14



(1)Samples are reported as sampled widths.

Andrew Thomson, President and C.E.O. of Soltoro Ltd., stated: "Soltoro continues
to discover new mineralized zones at El Rayo as part of its regional mapping and
sampling programs. The newly identified Talayote gold zone represents a series
of high-grade gold veins sub-parallel to the El Rayo gold zone. Trenching and
further sampling is required to define drill targets."


Mineralization in the Talayote area consists of a series of northwest-trending
quartz veins dipping steeply to the northeast. Host rocks are andesite and
basalt flows and tuffs similar to the El Rayo and Las Bolas deposits elsewhere
on the Property. At this time it is unclear whether these vein systems represent
displaced segments of the northwest- trending El Rayo structure or whether they
are separate en echelon vein systems. The El Rayo gold deposit contains an
Indicated resource of 22,600 ounces gold (380,000 tonnes averaging 1.85 g/t
gold) and an Inferred resource of 18,900 ounces gold (365,000 tonnes averaging
1.61 g/t gold).


A location and sample area maps may be viewed at:
http://www.soltoro.com/projects/pdf/NR154maps.pdf.


Assaying is done by ALS-Chemex through their facility in Guadalajara, Mexico.
Gold was analyzed using a 30 g fire assay with AA finish while the silver is
analyzed using a four acid "near total" digestion package, lead overlimits were
analyzed using volumetric titration. Mr. Steven T. Priesmeyer, C.P.G., Vice
President Exploration for Soltoro Ltd. and a qualified person as defined by NI
43-101 has reviewed and approved the contents of this 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 Mines 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Soltoro Ltd.
Andrew Thomson
President
(416) 987-0722
www.soltoro.com

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