SOLA RESOURCE CORPORATION
Sun Life Plaza West Tower
144 4th Ave SW, Suite 1600
Calgary, Alberta
T2P 3N4
PRESS RELEASE
Date: July 21, 2009
Trading Symbols: SL (TSX-V); US.OTC: SORSF
Update on Manganese Exploration and Potential Developments in Brazil
Sola Resource Corp. (the “Company”) is expanding exploration of its Manganese prospects located in the State of Rondônia. Brazil. The ongoing exploration program has now encountered numerous surface and near‐surface occurrences of high‐grade manganese mineralization. The mineralization includes Manganite and Pyrolusite occurrences, grading up to 58% Mn, in numerous samples. Such tenors are considered high‐grade as most manganese ore is sold at grades of between 32% and 48% Mn.
Work to date has consisted of extensive pitting in the immediate area of surface occurrences. The pitting is facilitating quantification of individual manganese mineral deposits within defined areas. All pits are surveyed, measured and logged; the contained pyrolusite and/or manganite being screened, weighed, and sampled for assays.
The manganese occurrences have been discovered during a detailed ground prospecting program conducted by a crew of 5 personnel led by a Prospecting Manager who has more than 20 years experience in mineral prospecting within tropical environments. This prospecting has now revealed six (6) distinct manganese mineralization occurrences of sufficient size and lateral extent to warrant separate pitting programs. Sola is presently pitting two of these areas and is expanding the pitting program to include the other four areas discovered recently.
Sola is also conducting a brief internal study, in order to consider and understand the relatively unique economics of mining manganese minerals in the State of Rondônia. The internal study will review mining costs at each claim’s location, together with individual shipping and marketing costs. At present, there is only one junior company mining and shipping manganese ores from the same geological domain.
The anticipated receipt of a Guia de Utilização (Guia) from the Brazilian authorities will then enable Sola to compare actual initial production costs with hypothetical mining costs and further to understand the geological setting and genesis of the manganese deposits. The company anticipates approval of the Guia in the near future and is planning an immediate test‐mining program upon receipt.
We seek safe harbor.
ON BEHALF OF THE BOARD OF DIRECTORS OF SOLA RESOURCE CORP.
“William Pfaffenberger”
William Pfaffenberger, Chief Executive Officer
For further information contact:
Investor Relations: ![]()
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(403) 668 - 4891![]()
Email: mailto: sola2009@shaw.ca
http://www.solaresourcecorp.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of this release.
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