Soltoro Intercepts Near Surface High-Grade Silver in 4 Drill Holes Including 43.7 Metres of 300 GPT Silver at the El Rayo Projec

Soltoro Ltd. (TSX VENTURE:SOL) has received results for an additional 6 diamond
drill holes completed on the Soledad structure at the El Rayo primary silver
deposit in Jalisco, Mexico. The east-west-trending Soledad structure represents
a new and significant mineralised zone unknown at the time of the resource study
which resulted in the recently released NI 43-101 measured and indicated
resource of 58.3M ounces of contained silver (NR98-June 14, 2011). Soledad has
been intersected near surface over a strike length of 500 metres. Currently two
diamond drills are testing the extent of the mineralization which remains open
along strike in both directions as well as at depth. The most recent drill
results were returned as follows:




----------------------------------------------------------------------------
----------------------------------------------------------------------------
                                                                  Ag      Ag
             Section       Drill      From      To  Width(2)   (g/t)   (g/t)
 Structure     Line       Hole(1)       (m)     (m)      (m)   uncut  cut(3)
----------------------------------------------------------------------------
----------------------------------------------------------------------------
  Soledad     565800     RAY11-66      19.2    62.9     43.7     222     217
----------------------------------------------------------------------------
                           incl.       35.0    39.8      4.8     446     446
----------------------------------------------------------------------------
                           incl.       59.5    62.9      3.4     730     670
----------------------------------------------------------------------------
                           incl.       60.5    61.7      1.2   1,170   1,000
----------------------------------------------------------------------------
----------------------------------------------------------------------------
  Soledad     565775     RAY11-67      24.0    33.0      9.0      82      82
----------------------------------------------------------------------------
----------------------------------------------------------------------------
  Soledad     565825     RAY11-68      51.3    95.0     43.7     300     234
----------------------------------------------------------------------------
                           incl.       86.0    95.0      9.0     738     414
----------------------------------------------------------------------------
                           incl.       87.3    88.5      1.2   1,840   1,000
----------------------------------------------------------------------------
                           incl.       91.9    92.9      1.0   2,910   1,000
----------------------------------------------------------------------------
----------------------------------------------------------------------------
  Soledad     565850     RAY11-69      46.5    51.4      4.9      84      84
----------------------------------------------------------------------------
                                       66.6   120.3     53.7     115     115
----------------------------------------------------------------------------
                           incl.       71.0    72.5      1.5     565     565
----------------------------------------------------------------------------
                           incl.      117.5   120.3      2.8     297     297
----------------------------------------------------------------------------
----------------------------------------------------------------------------
  Soledad     565550     RAY11-73      36.2    69.7     33.5     198     198
----------------------------------------------------------------------------
                           incl.       40.7    52.5     11.8     317     317
----------------------------------------------------------------------------
                           incl.       48.0    49.6      1.6     921     921
----------------------------------------------------------------------------
                           incl.       68.6    69.6      1.1     777     777
----------------------------------------------------------------------------
----------------------------------------------------------------------------
1. Soltoro has not yet received complete assay results for RAY11-71 and     
RAY11-72. RAY11-70 did not intersect any significant mineralisation.        
2. All intersections are reported as drilled thickness. True widths are not 
known at this time.                                                         
3. All silver assays greater than 1,000 g/t Ag were cut to 1,000 g/t Ag.    



Andrew Thomson, President and C.E.O. of Soltoro Ltd., stated: "Initial drilling
on the Soledad structure has returned wide, near-surface, high-grade silver
intervals along a 500 metre strike length. Currently one drill is focused on
testing the Soledad structure along strike in both directions while the second
drill is stepping back on holes targeted to test the potential at depth. The
Soledad structure has the potential to add further 'open pit' ounces to our
current 58.3M ounce silver resource." 


A drill hole location map and sections of the newly drilled holes from the
Soledad structure may be viewed at:
http://www.soltoro.com/projects/pdf/DHJune21Soledad.pdf


Recently completed detailed geological mapping carried out over the newly
discovered Soledad structure, as well as the historical Catarina and Aquacero
mines and the Highway Zone, indicates that Soledad lies within a distinct
east-west zone of structural deformation and quartz vein brecciation south of
the fault which appears to offset the Highway zone and the southern end of the
Las Bolas deposit. Mapping also extended the potential length of the historical
Catarina deposit by several hundred metres to the west into an area where it is
mostly covered by a younger sequence of rhyolitic volcanic rocks. 


A detailed review of Soltoro's airborne geophysical survey, together with
available regional geological mapping and satellite imagery, outlines extensive
possible continuations of known mineralised structures and various displacements
which indicate possible faulted continuations of the known zones as various
future exploration targets. Some of these potential targets also correspond to
clusters of higher-amplitude electromagnetic anomalies from the original
airborne survey, adding to the potential for the discovery of additional
mineralisation on the property possibly in situations similar to the recently
outlined Soledad zone which lies just beneath a thin cover of shallow soil.


A soil geochemical survey has been initiated to determine whether this is an
effective exploration tool to locate mineralised zones beneath shallow cover and
soil. Initial results indicate that mineralisation may be located by using this
approach.


On June 14, 2011, Soltoro released an in-pit mineral resource estimate for the
Las Bolas and Highway Zone mineral deposits at its 100% owned El Rayo
silver-gold project in Jalisco, Mexico (NR98-June 14, 2011). At the cut-off
grade of 20 g/t Ag the Measured and Indicated Mineral Resources are 33,600,000
tonnes at an average grade of 54 g/t Ag containing approximately 58.3 million
ounces of silver, and 200,000 tonnes of Inferred Mineral Resources at an average
grade of 44.3 g/t silver, containing approximately 300,000 ounces of silver. The
mineral resource estimate was prepared by Hrayr Agnerian, M.Sc. (Applied),
P.Geo., Associate Principal Consulting Geologist with Roscoe Postle Associates
Inc. and is compliant with National Instrument (NI) 43-101. Mr Agnerian is the
Qualified Person for the purposes of National Instrument 43- 101.


Assaying from this program was completed by ALS Chemex through their office in
Guadalajara, Mexico. Gold was analyzed using a 30g fire assay with AA finish
while the silver is analyzed using a four acid "near total" digestion package.
Mr. Steven T. Priesmeyer, C.P.G., Vice President of Exploration for Soltoro Ltd.
and a qualified person as defined by NI 43-101 has reviewed and approved the
contents of this press release. Field supervision of the El Rayo project is
provided by Mr. Patrick Toth, P. Geo., Vice President of Operations, Soltoro
Mexico. 


About Soltoro:

Soltoro is engaged in exploration for bulk tonnage gold and silver deposits in
Mexico. The Company has two diamond drills operating at the El Rayo silver
project with the objective of expanding the existing NI 43-101 silver resource.
An orientation drill program is also being carried out at the Chinipas project
in the State of Chihuahua to investigate the potential for a bulk mineable gold
deposit. Soltoro has optioned a portion of its Quila claim to Timmins Gold Corp.
and optioned its Victoria and Coyote claims to Argentum Silver Corp. The Company
continues to actively advance its La Tortuga, El Santuario and Pena Grande
projects. Soltoro has 49,635,018 shares outstanding and trades on the TSX
Venture Exchange under the symbol SOL.


This communication to shareholders and the public contains certain
forward-looking statements. Actual results may differ materially from those
indicated by such statements. All statements, other than statements of
historical fact, included herein, including, without limitations statements
regarding future production, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.