Solitaire Minerals Corp. and Joint Venture Partner Rubicon Minerals Corp. Have Re-Commenced Drilling on Red Lake North, Ontario

Monday, January 08, 2007

January 8, 2007: Solitaire Minerals Corp. (TSX-V symbol: SLT) (the Company) announces that Rubicon Minerals Corp. has re-started Drilling at the Red Lake North project. Rubicon and Solitaire are drilling a deep master hole to evaluate potential for the down-dip continuation of the Main Discovery Zone (MDZ) on the adjacent Goldcorp/Planet Exploration Inc. project. The zone is interpreted to enter Rubicon property at approximately 800 metres below surface. In its MD&A dated June 30, 2006 (see www.sedar.com), Planet said "Thickness of the zone has improved with depth and so have gold values…" Reported results include 5.76 g/t gold over 32 metres, at 468 metres down-hole (RL-06-128) and 11.66 g/t gold over 18 metres, at 523 metres down-hole (RL-06-112).

The Rubicon-Solitaire master hole is currently at a depth of 1600 metres (down hole) and has intersected a sequence of variably altered rocks which, based on public domain information, is interpreted to lie above the potential extension of the MDZ. Should the hole intersect significant mineralization similar to that reported on the adjacent property, Solitaire has indicated it will increase the current budget and aggressively pursue additional drilling on the project. A summary presentation of the target and project is available on the Solitaire Minerals website and the Rubicon Minerals website.

Humlin drilling to commence late February, 2007
Solitaire Minerals Corporation will fund a $250,000 drill program on the Humlin project (see www.solitaireminerals.com and www.rubiconminerals.com for more details). The Humlin project straddles a major ultramafic belt and strong structural zone in the southern part of the Red Lake camp, adjacent to the Claude Resources' Madsen property.

Terry Bursey, P.Geo, will be the Qualified Person on the Red Lake North property and the Humlin property.

The Company would also like to announce that pursuant to its stock option plan, the Company has granted incentive stock options to its directors, officers, consultants, and employees to purchase in the total of 1,000,000 common shares in the capital stock of the company, subject to regulatory approval, exercisable for a period of two years, at a price of $0.15 cents per share. These options are subject to a four-month hold period.

About Solitaire Minerals Corp. Solitaire Minerals Corp. (TSX-V symbol: SLT) 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, Saskatchewan, Alberta, and the North West Territories. 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. In Alberta, the Company has purchased the Ravenscrag property in which the Company has 100% interest. In the North West Territories, the Company has purchased the Mystery Island IOCG Property located in the Great Bear Lake area 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,
President and 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. News release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. 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.