Soldi Ventures Inc. (TSXV:SOV) Assays up to 298.8 Grams per Tonne Gold on Golden Bullet Project in Newfoundland - Video Summary Posted on www.InvestmentPitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, October 12, 2011 - Vancouver based Soldi Ventures
Inc. (TSXV:SOV) reports that high grade gold mineralization has been further
defined at the Vg showing on the Golden Bullet Property. The Vg showing, located
between the Quarry showing and the Bullet prospect, has returned significant
gold assays of 16.8, 43.3, 136.6, and 298.8 grams per tonne gold.
InvestmentPitch.com has produced a "video news alert" about Soldi Ventures. If
this link is not enabled, please visit www.InvestmentPitch.com and enter "Soldi"
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The 1,150 hectare property is located near Gander and has excellent road access.
The Vg showing is now scheduled to be channel sampled when quarry operations
cease later in the season.
In addition, a newly discovered area of high grade gold mineralization has
recently been located approximately 3 kilometres along strike from the high
grade Knob prospect. This gold showing has subcroping material from an iron
carbonated, quartz veined greywacke unit that assayed as high as 45 grams per
tonne gold. Additional work is required in this area to better determine the
extent of this newly discovered zone.
Results from channel sampling of the Quarry showing showed 5.5 metres of 1.52
grams per tonne gold within an overall average of 0.91 grams per tonne over
32.35 metres.
Soldi also reported the completion of an Induced Polarity and a Gravity Survey
covering the main target areas of the Golden Bullet license, including the high
grade Knob and Bullet prospects. A total of 22.4 kilometres of surveying have
been completed and trenching is scheduled to follow.
This gives the company a number of clearly defined targets, which will be tested
upon receipt of drilling permits.
Previous exploration by Noranda, Gander River Minerals, a Hemlo-Bristol joint
Venture, and more recently by Rubicon Minerals has resulted in a significant
amount of data made available to Soldi Ventures.
Soldi Ventures also has six properties amounting to over 21,000 acres
surrounding the prolific Rainy River and Cameron Lake gold discoveries.
Soldi currently trades at $0.11 and with only 20 million shares outstanding, is
capitalized at $2.2 million.
For a more information on Soldi Ventures, please visit their website at
www.soldiventuresinc.com, phone 604-683-5445, or email
info(at)soldiventuresinc.com.
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Source: InvestmentPitch via Thomson Reuters ONE
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Datum: 12.10.2011 - 16:54 Uhr
Sprache: Deutsch
News-ID 75486
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