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. ------------------------------------------------------------ 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. ------------------------------------------------------------ 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.
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