Solitaire commences Gravity Survey on Baird, prepares to drill at Pickle Lake
Tuesday, March 23, 2004 March 23, 2004: Solitaire Minerals Corp. (the Company) is pleased to announce the commencement of additional work on the Company's Baird Property.
Following up on the recent success attained through a ground-based Gravity Survey in identifying geophysical faults and structure on the Company's Chikuni Property, a complete Gravity Survey is being commenced on the Baird Property starting March 23, 2004. The work program will be performed by Dr. Allan Spector, of Allan Spector & Associates Ltd, of Toronto, Ontario, with results expected in two to three weeks.
At the same time, the Company is currently negotiating terms with a drilling contractor to commence drilling activity on the Company's Golden Pickle property located at Pickle Lake, Ontario. The Golden Pickle property is comprised of 1,960 acres located between the past producing Central Patricia Mine (over 600,000 oz of Gold produced) and the Pickle Crow Mine (over 1,400,000 oz of Gold produced). It is anticipated that terms of the contract will be finalized and drilling will commence within the next two weeks. Upon commencement of drilling, the Company will provide a further update.
About Solitaire Minerals Corp.
Solitaire Minerals Corp. is a Canadian mineral exploration company with a specific focus on gold properties in North America. The Company has assembled a portfolio of precious metal exploration prospects in Ontario. Solitaire's Ontario properties in the Red Lake/Birch-Uchi Greenstone Belt include the Baird, Golden Pickle, Heyson and Chukuni River Prospects, in which the Company has agreements to earn 100% in, but has not yet vested its interest. In addition, the Company has entered into an option agreement with another company, whereby that company may earn up to a 50% interest in the Baird Property.
For additional information you can contact Solitaire Minerals Corp. or visit 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. |