June 8, 2010: Solitaire Minerals Corp. (TSX-V symbol: SLT) (Solitaire) is currently conducting a ground program on its land
package surrounding Imperial Metal Corporation's (TSX symbol: III) Red Chris property in northwestern British Columbia, Canada. To view a
map of the location of Solitaire's land package in this region please visit the following link: http://www.solitaireminerals.com/projects/summit/.
Solitaire has entered into option agreements whereby it can earn up to a 100% interest in four property units totaling 34,715 acres and
collectively named the Summit Lake Project. The 2,948 acre Summit "A" property unit immediately borders the eastern boundary of Imperial
Metal Corporation's Red Chris property. The 2,510 acre Summit "B" property is located ten kilometres northwest of the Red Chris property
and the 13,331 acre Summit "C" property is located seven kilometres west of the Red Chris property. Summit "D" immediately borders Summit
"A" to the east and continues north where it borders the northern border of the Red Chris Property.
Two mineralized systems have been identified on the Summit "B" property, within a kilometer to the south of a large early Mississippian
granodiorite to diorite pluton. One system is indicated by several trenches exposing a system of vein-style copper, gold and silver
mineralization over a strike length of approximately 170 meters with an average width of 5 meters. Grab samples of phyllitic material
returned values to 3.6% copper; a 1.5-metre chip sample returned 0.17% copper (Assessment Report 21760). A sample of a 10-centimetre
high-grade pod of quartz-pyrite-chalcopyrite-malachite assayed 8.98% copper, 24.5 g/t silver and 0.045 g/t gold (Assessment Report
21416).
The other system, located about 50 metres to the southwest, has a similar mineralogy to the first, but is arsenopyrite-bearing. Trenching
has exposed a 1.0-metre lenticular quartz vein with blebs of pyrite, arsenopyrite and chalcopyrite. A grab sample returned 0.6% copper
and 1.61 g/t gold (Assessment Report 21760).
Carl Schulze, BSc, PGeo, will be the Qualified Person for the Summit Lake Project.
About Solitaire Minerals Corp. (TSX-V symbol: SLT) is a diversified Junior Canadian Mineral Exploration Company with a specific
focus on precious and base metal properties in North and South America. In addition, the Company intends to acquire Metallurgical coal
leases. Solitaire continues to negotiate for coal leases with near and long term production potential.
For additional information please contact Solitaire Minerals Corp. or visit http://www.solitaireminerals.com.
On Behalf of the Board of Directors
SOLITAIRE MINERALS CORP.
"Charles Desjardins"
Charles Desjardins,
President and Director
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.
Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all
other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements
involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results
may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not
limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically
prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be
shown to be economically and legally producible under existing economic and operating conditions.