SOLTORO LTD. (SOL:TSX-V) is an exploration company adding value through discovery in historic mining districts of Mexico. Soltoro's management team and board of directors have a high degree of experience in moving projects from exploration through to production in Latin America.
Soltoro participates in seven historic districts in Jalisco State in southwestern Mexico. Soltoro's main emphasis is on the El Rayo and Tecolote properties, which are located in the eastern portion of the Guachinango district. Recently, Agnico Eagle Mines Limited announced a deal to acquire Cayden Resources Inc. for $205M. Agnico Eagle has announced that they plan to invest $15M into Cayden's El Barqueno Project, which is located in the western portion of the Guachinango district and contiguous to the El Rayo Property. Endeavour Silver has also defined a significant silver resource at San Sebastian in the same northwest trend and plans to place it into production.
Soltoro's focus is on expanding the silver and gold potential of its El Rayo and Tecolote properties in the Guachinango district. At the El Rayo primary silver project, Soltoro has completed more than 54,000 metres of drilling to define a high-grade silver resource. At Tecolote, Soltoro is investigating the potential for the property to host a bulk tonnage oxide gold deposit. Both properties are 100% owned and make up a large portion of the Guachinango district.