Wilson Lake Iron Property

Solitaire Minerals has acquired the Wilson Lake Iron Property, which is comprised of approximately 12,108 acres and is located in the Labrador Trough of Northern Québec. The property is adjacent to Adriana Resources' Lac Otelnuk project (wherein Wuhan Iron and Steel Corp. has paid $120-million for a 60-per-cent interest).

Historical prospecting has shown the property to contain both iron and manganese from test pits or grab samples in concentrations up to 42.8% Fe and 44.20% Mn. Historical information is not 43-101 compliant and cannot be relied upon.

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