SOLTORO Ltd. WKN: A0LFEC **Explorer mit Focus auf Mexiko** - 500 Beiträge pro Seite

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http://www.soltoro.com/

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Soltoro samples 3.8 m of 7.12 gpt Au at Quila

2007-11-09 09:26 ET - News Release

Mr. Andrew Thomson reports

SOLTORO REPORTS FIRST DRILL HOLE COMPLETED AT QUILA & INDUCED POLARIZATION STUDY AT LA TORTUGA NEAR COMPLETION

Soltoro Ltd. has provided an update on both of its joint ventures in Jalisco state, Mexico. Soltoro's Quila and La Tortuga properties are three kilometres apart and drill programs are expected to be under way prior to year-end. At Quila, Southern Silver Exploration Corp. is earning into the property and acting as operator, while at La Tortuga, Soltoro is the operator with SMM Exploration Corp. acting as the financing partner. Both properties are in southwestern-central Mexico and fall within a geological window of Sierra Madre rock that is prospective for large-tonnage porphyry copper-gold deposits. Induced polarization studies have been under way on both properties with a view to drilling the most significant anomalies.

Quila is a 22,760-hectare property that makes up about two-thirds of the Minas de Ameca property grouping being explored by Southern Silver. The property is being explored for its porphyry copper-gold potential and gold-silver potential along a 25-kilometre mineralized corridor. Directors and management of Southern Silver discovered Penasquito, the largest bulk-minable silver-gold deposit found in Mexico to date. Surface sampling, an induced polarization study and one drill hole have been completed to date on the Quila portion of the property. Select results from surface sampling on Quila were returned.

Sample Interval Gold Silver Copper
No. in metres gpt gpt %

07Q-279 0.7 8.98 11.1 0.96
07Q-340 0.9 7.53 42.8 1.37
07Q-332 3.8 7.12 1.8 0.08
07Q-278 0.7 6.96 36.8 0.4
07Q-326 Grab 4.29 7.1 1.21
07Q-276 Grab 2.94 42.1 0.32
07Q-277 Grab 1.21 65.9 3.38

Following completion of the surface sampling program, Southern Silver acquired the Altavista del Ramos gold property which has been folded into the joint venture with Soltoro. Subsequent to the acquisition, an IP survey covering a portion of the Quila claim was completed, identifying a 1.5- by 0.5-kilometre chargeability anomaly. Southern Silver completed drill hole 07Qu-01 to test the anomaly with assay results pending. Under the terms of the earn-in arrangement Southern Silver may acquire a 51-per-cent interest in Soltoro's Quila property by issuing a total of 500,000 shares and spending $3-million (U.S.) on exploration over five years with $150,000 as a firm commitment in year one. A further 19 per cent can be earned by Southern Silver by completion of a bankable feasibility study after which time Soltoro shall participate as a 30-per-cent working-interest partner.

La Tortuga is an 11,526-hectare property which has been optioned to Sumitomo with Soltoro acting as the operator for the first phase. The property is being investigated for the presence of a porphyry copper-gold deposit. Soltoro is conducting a third round of IP consisting of a 10-line pole-dipole survey within a four-kilometre by 0.6-kilometre chargeability anomaly identified previously by Soltoro. The purpose of this survey is to more accurately define the depth of the known chargeability anomalies. A total of eight lines have been completed to date with two remaining following which a diamond-drill program is planned. Drilling is expected to commence in 2007. Soltoro has retained Sumiko Consultants of Japan to complete 2-D inversions on the IP data.

Under the terms of the letter of intent, Sumitomo may earn a 51-per-cent interest in the property by contributing $4-million (U.S.) in expenditures over the next five years. Sumitomo may earn an additional 19 per cent for a total of 70 per cent by making additional expenditures of $16-million (U.S.) or by delivering a bankable feasibility study. Sumitomo has committed to exploration expenditures of $500,000 (U.S.) in the first year of the joint venture.

William McGuinty, PGeo, a director and a qualified person for the company, has reviewed the content of this press release. Assay results for the Quila property have been provided by Southern Silver Exploration.

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PINETREE CAPITAL LTD. ACQUIRES COMMON SHARES OF SOLTORO LTD.

TORONTO, Canada (November 12, 2007) Pinetree Capital Ltd. (TSX: PNP), announces that, through a series of transactions ending on November 8, 2007, it acquired ownership of 215,500 common shares (“Common Shares”) of Soltoro Ltd. (“Soltoro”) through the facilities of the TSX Venture Exchange representing approximately 1.1% of the total issued and outstanding common shares of Soltoro as of November 8, 2007. As a result of this transaction, Pinetree holds, as at November 8, 2007, 1,555,500 common shares of Soltoro, including the Common Shares and securities convertible into 500,000 common shares of Soltoro (the “Convertible Securities”). In the event that the Convertible Securities are fully exercised, Pinetree’s holdings would represent a total of 2,055,500 common shares of Soltoro, or approximately 10.0% of all issued and outstanding common shares as at November 8, 2007, calculated on a partially diluted basis assuming the exercise of the Convertible Securities only.

These transactions were made for investment purposes and Pinetree and each of its joint actors could increase or decrease their respective investments in Soltoro depending on market conditions or any other relevant factor.

About Pinetree

Pinetree Capital Ltd. ("Pinetree" or the "Company") was incorporated under the laws of the Province of Ontario and is publicly traded on the Toronto Stock Exchange (“TSX”) under the symbol “PNP”. Pinetree is a diversified investment and merchant banking firm focused on the small cap market. Pinetree’s investments are primarily in the resources sector: Uranium, Oil & Gas, Molybdenum, Precious Metals and Base Metals. Pinetree’s investment approach is to build a macro position in a sector, find the micro-cap opportunities in that sector and work with those companies to build them to commercial production and create an exit.

For more details about Pinetree and its investments, please visit our website at www.pinetreecapital.com

This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Pinetree’s results to differ materially from expectations. These include risks relating to market fluctuations, investee performance and other risks. These forward-looking statements speak only as of the date hereof. Pinetree disclaims any intent or obligation to update these forward-looking statements.

Investor Relations: Media Relations:

Larry Goldberg, C.A. Wanda Cutler

Executive Vice President and Chief Financial Officer Director of Corporate Communications





Pinetree Capital Ltd. Pinetree Capital Ltd.

130 King Street West, Suite 2500 130 King Street West, Suite 2500

Toronto, Ontario, Canada, M5X 1A9 Toronto, Ontario, Canada, M5X 1A9

Phone: [phone] Phone: [phone]

Email: [e-mail]

Web Site: www.pinetreecapital.com

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2007-11-27 17:58 ET - News Release

Mr. Andrew Thomson reports

SOLTORO COMPLETES ADVANCE ROYALTY PAYMENTS ON PORTION OF EL RAYO PROPERTY

On Nov. 23, 2007, Soltoro Ltd. entered into an agreement to issue 100,000 common shares of Soltoro to Fury Exploration Ltd. in lieu of two cash advance royalty payments totalling $75,000 (U.S.) due in the next year. Under this agreement Soltoro has no further obligations or commitments to Fury beyond a 2-per-cent net smelter return royalty on the Guachinango 1 property. Soltoro has the right to purchase 1.5 per cent of the net smelter return royalty for $1.5-million (U.S.). The share issuance is subject to TSX Venture Exchange approval.

The 6,200-hectare Guachinango 1 property was acquired on Nov. 24, 2006, and is contiguous to Soltoro's 3,848-hectare El Rayo property. Soltoro has completed sampling, mapping and two exploration drill holes on the Guachinango 1 claim to date. While no significant mineralization was encountered in drill intercepts, mapping and sampling along the northeastern extension of the Las Bolas structure and numerous untested geophysical targets warrant continuing with exploration of the Guachinango 1 property.

Soltoro is completing a topographic survey along the El Rayo and Las Bolas structures primarily within the historical resource area located at El Rayo prior to commencing resource drilling. The extension of the Las Bolas structure beyond this area onto the Guachinango 1 property will be tested as exploration continues at El Rayo. The company plans to contract a percussion drill to begin to delineate the resource. Drilling is expected to begin within the next three months.