Soltoro Ltd. (TSX VENTURE:SOL) has initiated a ground magnetic geophysical
program and is continuing with its trenching program at its 100%-owned El Rayo
and Tecolote projects in the Guachinango District of Jalisco, Mexico. Mining in
the Guachinango District was initiated by the Spaniards in 1546 but more recent
exploration has identified a broad northwest-trending belt of gold-silver mining
districts that includes Soltoro's El Rayo and Tecolote Projects, Cayden
Resources El Barqueno Project, Endeavour Silver's San Sebastian Project and
Santana Minerals` Espiritu Santo Project. Gold mineralization in the Guachinango
District is controlled by northeast and east-west-trending structures near
intersections with the regional northwest trend. Soltoro's Tecolote Project lies
along one of these northeast-trending structures.


A regional structural map of the Guachinango District, a trenching/magnetics map
of the El Rayo gold trend and a magnetics map of the Tecolote gold trend may be
viewed at: http://www.soltoro.com/projects/pdf/NR162maps.pdf


Gold potential at Soltoro's El Rayo Property

At El Rayo an initial gold resource of 22,600 Indicated ounces of gold contained
in 380,000 tonnes averaging 1.85 g/t gold and 18,900 Inferred ounces gold
contained in 365,000 tonnes averaging 1.61 g/t gold has been defined in
proximity to the historic El Rayo gold mine. The historic El Rayo gold mine lies
along the same northwest-trending structure that also controls silver-lead
mineralization at the historic Catarina Mine.


Soltoro's newly discovered Talayote gold zone (Soltoro NR154, July 24, 2013) is
sub-parallel to the El Rayo structure but lies within the dominant regional
northwest trend that includes mineralization on the contiguous El Barqueno land
package and beyond. Soltoro recently completed an exploration program intended
to locate the northwestern extension of the El Rayo gold resource between El
Rayo and Talayote. During that time two diamond drill holes and sixteen trenches
tested soil and geophysical anomalies but did not locate the extension of the El
Rayo mineralization. Of the sixteen trenches, only trench ERY-13 returned
significant gold values consisting of 16.97 m averaging 3.45 g/t gold including
1.50 m averaging 20.6 g/t gold. Trench ERY-13 was previously sampled in 2009 as
trench R2 and this trenching confirms the values obtained at that time. Trench
R2 returned 19.5 m averaging 2.53 g/t gold including 7.5 m averaging 5.36 g/t
gold and 1.5 m averaging 10.3 g/t gold.


A limited ground magnetics program has been carried out to locate the
northwestern extension to the gold mineralization at the El Rayo deposit as it
extends toward the El Barqueno property. Lines were run perpendicular to the
existing north-south geophysical grid in order to identify fault offsets and
further refine Soltoro's understanding of controls on mineralization. It now
appears that gold mineralization at El Rayo is controlled by a flexure in the
primary northwest-trending structure or by the intersection of this structure
with a northeast-trending fault zone. A trenching program is underway to the
north-northwest of trench ERY-13 to test the continuity of mineralization
identified in this trench.


Gold potential at Soltoro's Tecolote Property

Soltoro's 100% owned Tecolote Project was part of Grupo Mexico's El Barqueno
land package but was released by Grupo Mexico and acquired by Soltoro through
staking. No significant cash payments or royalties encumber the property and
Soltoro has yet to conduct any drilling at Tecolote. Tecolote is located less
than 10 kilometres north of Soltoro's El Rayo primary silver project and 10
kilometres northeast of the El Barqueno property. The predominant control on
Tecolote is a northeast-southwest corridor. To date, Soltoro has been exploring
the eastern portion of the concession where Grupo Mexico identified numerous
precious metal targets. The most significant gold and silver grades encountered
to date were collected along the east-west-trending Carmelita vein, which
yielded 3.0 m averaging 14.16 g/t gold and 308 g/t silver (Soltoro NR152, June
17, 2013). Carmelita has been traced on surface for 100 metres before
disappearing under cover, although the structure hosting the Carmelita vein has
been traced for over 500 metres along strike using ground magnetics. 


The southwestern portion of the Tecolote concession closest to Cayden's El
Barqueno project is largely unexplored. Ground magnetics completed to date by
Soltoro cover roughly 45% of the northeast portion of the Tecolote Property and
are being extended southwest towards El Barqueno where, upon completion, roughly
approx. 75% of the surface area of the Tecolote property will have been
surveyed. The intention of the geophysical program is to locate further
mineralized structures within the north-east structural trend extending onto the
Tecolote property from El Barqueno for follow-up exploration leading to the
identification of drill targets. The geophysical program will be completed in
the second quarter of 2014.


QUALIFIED PERSONS

Mr. Steven T. Priesmeyer, C.P.G., is Vice President Exploration for Soltoro Ltd.
He is a qualified person as defined by NI 43-101 and he has reviewed the
geological contents of this press release. Assays reported for exploration
results were completed by ALS Geochemistry 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).


ABOUT SOLTORO

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 69,533,037 common share issued and
outstanding and trades on the TSX Venture Exchange under the symbol "SOL".


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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