Summit Lake Project, British Columbia

Solitaire Minerals Corporation (TSX-V symbol: SLT) (Solitaire) has entered into an option agreement whereby it can earn up to 100% interest in two property units collectively named the Summit Lake Project totaling 5,458 acres in northwestern British Columbia, Canada. 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.

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).