Solid Resources Releases Grab Sample Assay Results Of Up To 30 g/t Gold on Perú Property

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[{"type":"text","content":"\n\n\n\n Feb. 17, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nVANCOUVER, Feb. 17 /CNW/ - Solid Resources Ltd. ("Solid" or the "Company") (TSXV: SRW) (Frankfurt: YRS) is pleased to report assay results from its optioned 1,000 hectare Gold and Copper\n concession in the Province of Ayabaca in northwest Perú.\n\n\nAn option agreement covering the 1000 hectare concession in Suyo\n Township, Ayabaca Province near the city of Piura in northwestern Peru\n was announced on June 4, 2010. Under the terms of the option agreement, Solid has the right to purchase the licence, during the three-year term, by\n paying the optionor a total of $500,000 (U.S.), to be paid in tranches\n over the course of the period ending in December, 2012. The Company has\n completed the cash payment requirements to the optionor for 2010 and\n 2011.\n\n\nLocation\n\n\nThe 1,000 hectare gold and copper concession is situated just 30 km south of the Ecuadorian\n border and 1200 km northwest of Lima with good access and weather\n conditions. The property is situated along the coastal range\n (Cordillera Del Condor) of Peru and Ecuador hosting the most important\n gold-bearing areas in Ecuador and Peru since pre-Inca times.\n\n\nGeology and Mineralization\n\n\nThe geology consists of Cretaceous volcanics and related tuffs cut by\n northeast-southwest shear zones hosting gold and copper sulphides.\n Forty grab samples from random outcrops were collected over the\n previous two years withi...

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