Point Roberts WA, Delta B.C., April 15, 2010 - www.InvestorIdeas.com and its leading mining investor portals present recent commentary on Soltera Mining Corp. (OTCPK:SLTA)  FRANKFURT:SN7), by Lisa Springer, CFA, equity research analyst and financial writer.

 

Soltera Mining Locks In Production Deal Offering Near-Term Revenues and Long-Term Opportunity 

 

During tough times, innovative approaches and smart deal-making can separate winners from losers, particularly in mineral mining, which is a notoriously capital-intensive business. Soltera Mining (OTCPK: SLTA), a junior gold mining company operating in South America, has acquired rights to mine gold-bearing surface deposits at El Torno that are both accessible and inexpensive to work and process.

In return for a US$150,000 upfront payment and rental payments totaling US$200,000, Soltera gains access to gold-bearing deposits estimated to contain over half a million gold ounces by another major mining company and potentially worth over US$500 million at current gold prices. The cash flows Soltera generates from sales of surficial gold will enable the Company to fund further exploration and development of a potentially world-class gold resource beneath El Torno’s surface. In addition, the US$150,000 payment gives Soltera exploration privileges and right of first refusal to purchase Sur Eureka, an adjacent property the Company believes has significant copper-gold potential.

Full Article/News: http://www.investorideas.com/CO/SLTA/news/4151.asp

 

Readers are advised that the above article is solely for information purposes and should not to be construed as an offer to sell or the solicitation of an offer to buy any security. The views expressed herein are based upon the author’s analysis of the issuer's public disclosures, and assumes both their accuracy and completeness. The opinions and statements included herein are based on sources (including the companies discussed and public sources) believed to be reliable and in good faith, but no representation or warranty, express or implied, is made as to their accuracy, completeness or correctness. The author has not independently verified the information contained herein. This information is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor.  You should review a complete information package on all companies, which should include, but not be limited to, the Company's annual report, quarterly reports, press releases and all regulatory filings.  The foregoing discussion contains statements which are based on current expectations, estimates and projections, and differences from such expectations, estimates and projections can be expected.

The author, Lisa Springer, was compensated for writing this  and doesn’t own shares of any of the companies mentioned in this article. 

Lisa Springer, CFA

Bio: http://www.investorideas.com/About/Lisa-Springer-CFA/

 

 

Showcase Gold Mining Stock Soltera Mining Corp. (OTCPK: SLTA FRANKFURT: SN7):

Soltera Mining Corp. is a unique exploration company in the sense that it is following two distinct lines of action. The first is conventional, with exploration concentrated on two carefully selected gold and base metal projects in Argentina, particularly the large-scale El Torno gold project in Jujuy. The second, less conventional action is to finance immediate small-scale gold production from a specific section of the 14 km gold-quartz vein at El Torno.

 

Investors can view the full company profile for Soltera Mining Corp. at http://www.investorideas.com/CO/SLTA/

 

Visit the company website at http://www.solteramining.com/

Properties Page: http://www.solteramining.com/index.php?option=com_content&task=view&id=19&Itemid=74

 

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Soltera - Safe Harbor Statement: Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Information or opinions in this document are presented solely for informative purposes and are not intended nor should be construed as investment advice. We encourage you to carefully review the Company with your investment advisor and verify any information that is important to your investment decision

 

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Contact Soltera Mining Corp.

Carlton Parfitt

This email address is being protected from spambots. You need JavaScript enabled to view it.

+1 888-768-5552

 

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