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Solid Resources identifies Kimberlite and Massive Sulphide targets on its Bear Property
Published Jun 1 2005
3 min read

Solid Resources identifies Kimberlite and Massive Sulphide targets on its Bear Property

EDMONTON, June 1 /CNW/ - Management of Solid Resources is highly
optimistic with regard to the possibility of diamond bearing Kimberlite Pipes
on its Bear property in Canada's Northwest Territories. The Bear property is
located in line, geographically, with a number of other Diamond discoveries
which have been made in recent years including Ekati, Diavik, Snap Lake, Dry
Bones Bay, Kennady Lake, Cross, and Roundrock. The company has received the
final evaluation from the recently completed airborne geophysical survey of
the property. The geophysical data show several distinct circular anomalies
which give a strong indicator of Kimberlite pipes. All Kimberlite pipes do not
carry diamonds; however, in addition to its location in the diamond belt, the
Bear property has an abundance of Garnet which is one of the minerals normally
found in association with diamonds. The location of the Bear property in
relation to the other diamond finds can be viewed on the company's website at
www.solidresources.com/images/bear-property-2.jpg
The geophysical survey was completed by Fugro Airborne Surveys
(www.fugroairborne.com), the most versatile and technologically advanced
airborne survey company in the world. Fugro acquires electromagnetic,
magnetic, radiometric and gravity data to identify areas of mineralization.
These highly specialized capabilities are utilized extensively by the mining
industry in sub-surface exploration.
The company plans to undertake a comprehensive analysis of the data in
order to identify the targets with the highest potential. This will be
followed by a summer bulk sampling program in 2005 aimed at determining the
existence of other diamond associative minerals including Chromite, Ilmenite,
and Diopside. A drilling program aimed at intersecting diamond bearing
Kimberlite pipes will then be undertaken in the fall of 2005.
Previous drilling programs on the property have revealed a Massive
Sulphide zone, known as the M zone, which contains significant quantities and
grades of Silver and Zinc. The results of the geophysical survey show that
there are a number of anomalies which have characteristics that are similar,
if not identical, to the M zone. These additional zones will also be targeted
by the planned 2005 summer sampling program. Solid's Management is optimistic
that these will be as well mineralized as the M zone.

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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
precious, and base metals in its properties, the Company's management believes
that Solid Resources has a very bright future.
Solid Resources Ltd. is committed to exploration for Rare, Precious, and
Base Metals. Its current properties are located in Canada, Spain, Mexico, 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.