Update on Headway and Chukuni River Claims

Tuesday, April 22, 2003

April 22, 2003 - Solitaire Minerals (TSX.V - SLT) and King's Bay Gold Corp. (TSX.V - KBG) are pleased to announce that the linecutting on the Headway project, strategically located in the Red Lake Mining District in Ontario, has been completed.

This is part of Phase 1 of a comprehensive exploration program on the Headway project, which consists of linecutting and a ground magnetic geophysical survey. Drilling is expected to commence at a later date following the compilation and assessment of the geophysical data.

The Headway Project is located in Balmer and Dome Townships approximately 1200m southwest, and directly adjacent, to Goldcorp Inc.'s (TSX-G) High Grade Zone, with a total gold content of 4.6 million ounces, as a result of an increase in reserves during 2002 of 1.96 million tons with an average grade of 2.35 ounces of gold per ton. (Goldcorp website).

Prior exploration on the Headway Project intersected high-grade gold values, including 2.74 oz/ton gold over 2.0 ft and 0.61 oz/ton gold over 3.08 ft in drill core (H-13), surface chip samples of up to 1.35 oz/ton over 6.6 ft and several surface grab samples exceeding 1oz/ton. The property contains two east-west trending, gold bearing structural zones; the 4,000 ft x 1,000 ft Headway Shear Zone and the 2,300 ft x50 ft Main Zone. (Watkins, 1999)

Chukuni River Claims

The Company previously announced February 25, 2003 that it was entering into an agreement with Horizon Gold Corp, wherein Horizon could earn a 50% interest in the Chukuni River Claims. As part of the agreement, Horizon will be required to incur exploration expenditures on the project to the sum of $1,000,000 in Canadian funds over a three year period, of which $250,000 will be committed in the first year, $350,000.00 year two, and $400,000.00 year three.

The Company would like to report that Horizon Gold continues to raise financing, and the Company hopes to commence a work program in May 2003. The work program will consist of appropriate ground geophysics followed by a drill program upon analysis of the groundwork and identification of drill targets.

The Chukuni River Claims refer to certain claim units totaling 1500 acres in Byshe Township in the prolific Red Lake Mining District. Two of the claims are contiguous with Goldcorp's (TSX:G, NYSE:GG) Red Lake Mine claim group. Goldcorp recently announced that it would be sinking a new shaft (Shaft #3) to a depth of 7150 feet with a total hoisting capacity of 4000 tons per day. According to information from Goldcorp, Shaft #3 is due south from Shaft #1. The Chukuni River Claims are on trend and south of Goldcorp's Shaft #1 and Shaft #3.

Furthermore, the Company announces that it has granted, Director /Officer/ Consultant/ Employee incentive stock options of the Company to purchase in the aggregate 220,000 common shares in the capital stock of the Company per the Company's Stock Option Plan. The additional options are exercisable on or before April 3, 2005 at price of $0.10 per common share.

About Solitaire Minerals Corp.
Solitaire Minerals Corp. is a Canadian mineral exploration company with a specific focus on prospective gold properties in North America. The Company has assembled a portfolio of precious metal exploration prospects in Ontario and British Columbia. Solitaire's Ontario properties in the prolific Red Lake/Birch-Uchi Greenstone Belt include the Headway, in which Solitaire can earn up to a 25% interest, and the Pickle Crow and Garnet Lake prospects, in which Solitaire can earn up to a 50% interest through option agreements with King's Bay Gold Corp. The Company also has the South Baird, Golden Pickle, and Chukuni River Prospects, which are held 100% by Solitaire. Each of these properties exhibits excellent potential for hosting high-grade gold deposits and is located within the world class Red Lake, Ontario area.

For additional information you can contact Solitaire Minerals Corp. at 604-683-5445 or visit the Web site at http://www.solitaireminerals.com.

On Behalf of the Board of Directors
SOLITAIRE MINERALS CORP.

"Charles Desjardins"

Charles Desjardins
President and Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.