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Solid Resources granted large mineral concession in Italy
Published Apr 26 2005
5 min read

Solid Resources granted large mineral concession in Italy

TSXV: SRW

EDMONTON, April 26 /CNW/ - After two and a half years of considerable
effort, Solid Resources is pleased to announce that it has just been granted
a large mineral concession covering approximately 42,900 hectares (106,000
acres) in the provinces of Vercelli, Biella and Verbania in the Piemonte
region of Northwestern Italy. The concession, granted under Varallo Permit
No. 114, is located west of Milan and northeast of Torino (Turin).
Solid's Management has high expectations for this property because of
the size of the concession and the wide dissemination and perceived richness
of the minerals. Mining activity is known to have taken place in this area at
least as far back as 400 AD. Metallic rich ore bodies exposed at the surface
were worked by the Romans, and records show that Copper, Nickel, and Gold were
produced from at least 42 different mines in the area. Management does not
believe intensive exploration programs were required to locate ore bodies.
Mining activity ceased here during the Second World War. The Company is very
pleased to have been awarded this permit as Management is aware that a number
of major mining companies have applied for permits in this area in the past.
Tony Spat, Solid's Vice President of Exploration and Mining, has spent a
considerable amount of time in this area of Italy during his extensive career
and has recently taken surface as well as underground samples from three of
the previously mined deposits in this area. Assays of these samples have shown
high amounts of Nickel, Copper, Cobalt, and Platinum Group Metals, as well as
minor amounts of Gold. However, it is interesting to note that out of the
42 mines that operated in this concession in the past, 6 of them were Gold
mines.
Management intends to commence mapping and sampling of the known surface
and underground mineralized structures this year to identify the most
promising areas in which to commence diamond drilling in order to quantify
resources and reserves.
The underlying geology of the concession area consists of metamorphic
sequences intruded by mafic and ultramafic igneous rocks. The metallic
minerals in many of the former mine workings are located in both the igneous
as well as the contact metamorphic rocks surrounding them.
The extensive experience and dedication of Solid's Management were key
factors in obtaining the permit. This is considered a very significant
accomplishment and a tremendous success for the Company. Management wishes to
extend its sincerest appreciation to the Italian Department of Mines and its
personnel located in Torino (Turin), Italy, for granting Solid the rights to
undertake the first exploration activities in this area since World War II.

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Solid's management plans to continue working diligently on behalf of its
shareholders to make 2005 a successful year for the Company. The President of
Solid Resources, Alvin Harter, has had a life-time of experience in the mining
and exploration industry and has been instrumental in the establishment of
several mines in Canada and Mexico. Solid's Vice-President of Exploration,
Tony Spat, has also had a remarkable career in exploration. He has worked for
many senior as well as junior mining companies throughout the world and has
been instrumental in a number of important discoveries in different parts of
the world. In view of the extensive experience of Solid's management team, the
expertise of its exploration team, and the increasing demand for the rare and
precious metals that Solid is seeking, the Company's management is optimistic
about the future of Solid Resources.
Solid Resources Ltd. is committed to exploration for Rare and Precious
Metals. Its current properties are located in Canada, Mexico, Spain and Italy.
The Company's website is at www.solidresources.com. The Company's Common Stock
trades on the TSX Venture Exchange under the symbol SRW and on the Frankfurt
Stock Exchange under the symbol A0BLQQ.

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Certain statements contained in this press release, including
statements which are related to exploration activity and future prospects
and profitability and which may contain words such as "could", "should",
"expect", "believe", "will" and similar expressions and statements relating
to matters that are not historical facts are forward-looking statements. Such
forward-looking statements involve known and unknown risks and uncertainties
which may cause the actual results, performances and/or achievements of
Solid to be materially different from any future results, performances or
achievements expressed or implied by such forward-looking statements. Such
factors include fluctuations in the market conditions and prices of tantalum,
lithium, tin, silver and other metals and related products and services;
competition; political and economic conditions in countries in which Solid
does business; changes in laws and regulations, including environmental
regulations, to which Solid is subject, and other factors which are described
in further detail in Solid's filings with the Canadian Securities Regulators.

The TSX Venture Exchange has not reviewed this release and does not
accept responsibility for the adequacy or the accuracy of this release.