TSXV: SRW
FRANKFURT: A0BLQQ
CALGARY, Aug. 9 /CNW/ - Solid Resources ("SRW"-TSXV) is pleased to
announce that it has received Dr. Rolf Burkhardt's report on the diamond drill
program that was carried out on the El Sacrificio project in Durango, Mexico
during the period from December 2005 to May 2006. Dr. Burkhardt was the
geologist in charge of the work program in Mexico and resides in Spain. All
the information contained in this news release was taken from Dr. Burkhardt's
report which was received at Solid's office on July 26, 2006. During this
period four holes were drilled, all at forty-five degrees with a total length
of 1856.25 meters. 599 samples of one meter core length were split and sent to
Acme Analytical Labs in Vancouver, BC. However, all the core is mineralized
and, as a result, much more core splitting and assaying must be done.
Three of the four drill holes were collared with no overburden and one
hole had less than one meter overburden. Each drill hole depth is as follows:
<<
Location Length
-------- ------
Hole No. 1 Embotelladora W 431.75 m
Hole No. 2 Rosas de Diciembre 382.75 m
Hole No. 3 Patricia 526.10 m
Hole No. 4 Embotelladora E 515.65 m
HIGHLIGHTS - 10,000 parts per million (ppm) equals 1% - 1% equals 20 lbs.
Hole No. 1 - four enrichment zones:
Interval Width
-------- -----
From 202 to 203 1.0 m Cu over 1%
Ag 55.7 ppm
Bi 292.4 ppm
From 249 to 250 1.0 m Cu over 1%
Ag 94.3 ppm
Au 0.3 ppm
Bi 254.4 ppm
From 306 to 309 3.0 m Cu 2,649.3 ppm
Pb greater than 8,577 ppm
Zn over 1%
Ag greater than 87.8 ppm
Bi 179.3 ppm
From 415 to 416 1.0 m Mo 574.1 ppm
Ag 25.9 ppm
Bi 396.4 ppm
Hole No. 2 - two enrichment zones: (depths not available)
1.0 m Mo 619.9 ppm
1.0 m Mo 327.6 ppm
Hole No. 3 - two enrichment zones:
From 109 to 125 16.0 m Mo 186.1 ppm
From 371 to 372 1.0 m Au 1.3 ppm
Hole No. 4 - ten enrichment zones:
From 190 to 194 4.0 m Cu over 0.7%
Ag greater than 41.1 ppm
From 225 to 228 3.0 m Pb 2,855.4 ppm
Zn 826.1 ppm
Ag 30.1 ppm
From 259 to 260 1.0 m Pb 2,339.0 ppm
Ag greater than 100 ppm
From 265 to 266 1.0 m Mo 343.6 ppm
Au 2.6 ppm
Bi 1,440.7 ppm
From 381 to 394 13.0 m Mo 253.6 ppm
From 398 to 404 6.0 m Mo 273.3 ppm
From 412 to 428 16.0 m Mo 234.7 ppm
From 451 to 455 4.0 m Mo 439.5 ppm
From 489 to 501 8.0 m Mo 541.4 ppm
CONCLUSIONS
1. In the concession of the Sacrificio Property higher Cu, Mo and lesser
amounts of Pb, Zn mineralization was detected. Ag mineralization is
also present locally.
2. Mineralization is bound to a granodiorite intrusion and to surrounding
limestones, mostly altered to skarn.
3. Mineralization in skarn consists generally of smaller m-wide zones
(mantos) of a higher grade Cu mineralization, mostly as disseminated
bornite in the form of cm-dm wide spots and fracture fillings.
4. However, mineralization in granodiorite appears as widely disseminated
with quartz veinlets. Quartz veinlets frequently forming a stock work,
consisting generally of Cu and Mo mineralization in the form of
chalcopyrite and molybdenite. Both minerals occupy different zones of
distribution inside the granodiorite.
5. Inside the granodiorite, all mineralization was open to depth.
6. The mineralization consists of Chalcopyrite, Bornite, Tetrahedrite,
Molybdenite, Sphalerite and Galena.
>>
Solid Resources Ltd.'s website is www.solidresources.com and the 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.
