Solitario Files NI 43-101 Technical Report for Its Mt. Hamilton Gold Project, Nevada
Solitario Exploration & Royalty Corp. ('Solitario?) (NYSE Amex: XPL)
(TSX: SLR) and Ely Gold & Minerals ('Ely Gold?) (TSX.V: ELY) report that
the NI 43-101 technical report summarizing the Feasibility Study on the
Mt. Hamilton gold project in eastern Nevada has been filed with both
Canadian and U.S. regulatory agencies. Results of the Feasibility Study
were announced in a news release dated February 22, 2012. The technical
report can be accessed on SEDAR (www.sedar.com)
and Edgar (www.sec.gov)
under Solitario′s other corporate filings. With the completion of the
Feasibility Study, Solitario will own an 80% interest in the project and
Ely Gold will retain a 20% interest.
About Solitario
Solitario is a gold, silver, platinum-palladium ('PGM?), and base metal
exploration and royalty company actively exploring in Brazil, Mexico,
and Peru. Solitario has significant business relationships with
Votorantim Metais on its high-grade Bongará zinc project in Peru and
Anglo Platinum on its Pedra Branca PGM project in Brazil. Additional
information about Solitario is available online at www.solitarioxr.com.
About Ely Gold
Ely Gold is focused on the acquisition and development of gold resources
in North America. Besides its interest in the Mt. Hamilton project, Ely
Gold has entered into a series of transactions to acquire a portfolio of
assets in the Abitibi Gold Camp in Quebec. Ely Gold is traded on the TSX
Venture Exchange ('ELY'). Additional information about Ely Gold is
available online at www.elygoldandminerals.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Solitario
Debbie Mino-Austin, Director ? Investor Relations,
800-229-6827
Christopher E. Herald, President & CEO, 303-534-1030
or
Ely
Gold
Steve Kenwood, Director, 604-488-1104
Trey Wasser,
President & CEO, 972-803-3087
