Solitaire Minerals Corp. Acquires an Additional 62,000 acres to its Recently Purchased Ravenscrag Uranium Property in Southern Alberta

Monday, October 24, 2005

October 24, 2005: Solitaire Minerals Corp. (the Company) is pleased to announce that an additional 62,000 acres have been added to the newly acquired Ravenscrag Property in southern Alberta incurring only the staking cost. This additional land acquisition will bring the total Ravenscrag Uranium property to approximately 150,000 acres (Please refer to Solitaire Minerals Oct 17/05 press release). This additional acquisition was conducted to secure favorable geology similar to the geological settings in which the main Ravenscrag mineral showings are hosted.

These permits were strategically staked to target five main continentally derived sedimentary formations, which favourably match the criteria of the worldwide geological model recognized for sandstone-hosted (roll-front) uranium mineralization. These formations include the Tertiary aged "Cypress Hills" and "Ravenscrag" sandstone formations and the Upper Cretaceous "Whitemud" and "Eastend" sandstone formations in addition to channel sands within the "Bearpaw" shale formation. All of these formations are very similar in age and material composition as the south-western Alberta "Willow Creek", "St. Mary River", and "Blood Reserve" formations already being explored by other uranium exploration companies with favourable, reported results.

Solitaire Mineral Corp.'s new "Ravenscrag Uranium Property" is located in South-eastern Alberta, 160 km east of the city of Lethbridge, near the communities of Eagle Butte and Elkwater, Alberta. The eastern boundary of the property is the Saskatchewan / Alberta border. The land within the property is sparsely populated rural cattle rangeland with some grain agriculture intermixed. Paved Highways 41 and 514 cross the centre of the property while a network of well maintained graveled roads, which support the local farming and oil industries, provides access to most other parts of the property.

This Exploration project is being conducted under the direction of Glenn .S. Hartley P. Geol. in accordance with the regulations of National Instrument 43-101.

About Solitaire Minerals Corp. Solitaire Minerals Corp is a diversified junior Canadian mineral exploration company with a specific focus on mineral properties in North America. The Company has assembled a portfolio of precious and base metal exploration prospects in Ontario and Saskatchewan. Solitaire's Ontario properties in the Red Lake/Birch-Uchi Greenstone Belt include the Baird, 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. The Company also has an option to earn 100% in the Lateral Lake West property located in the Webb township of Ontario. In Saskatchewan, the Company has signed a purchase agreement to acquire a 100% interest in the Highrock Lake property and a 90% interest in the Riou Lake Property located in the Athabasca Basin. The Company has also acquired the Riou Lake North and South properties in which the company has 100% interest.

For additional information please contact Solitaire Minerals Corp. or visit www.solitaireminerals.com.

On Behalf of the Board of Directors
SOLITAIRE MINERALS CORP.
"Charles Desjardins"

Charles Desjardins,
Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release other than purely historical information, historical estimates should not be relied upon,including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.