Soltoro Retains Hazen Research, Inc. and A Metallurgical Consultant to Conduct Further Metallurgical Testing at El Rayo

Soltoro Ltd. (TSX VENTURE:SOL) recently shipped 116 kilograms of material to
Hazen Research, Inc. ("Hazen") to conduct additional mineralogical and
metallurgical testing on core samples from the El Rayo primary silver project in
Jalisco, Mexico. Soltoro has also retained the services of Dr. Ashok Dalvi, P.
Eng to oversee the work being performed by Hazen with a focus on process
development and strategic planning.


Until recently Dr. Ashok served as Director of Process Engineering and Strategic
Studies at Vale Inco. His most recent project included hydrometallurgical
process plant development for the Voisey's Bay project of Vale Inco and
expansion of P.T. Inco's laterite operation in Indonesia. Soltoro will continue
to avail itself of the services of Kappes Cassiday & Associates in conjunction
with seeking guidance from Coeur D'Alenes Mines Corp. with respect to ongoing
mineralogical and metallurgical studies. Coeur D'Alenes recently purchased 4.5
million shares of Soltoro. Soltoro currently has in excess of $8M in cash and
equity.


Andrew Thomson, President and C.E.O. of Soltoro Ltd., stated: "Dr. Dalvi has
worked with Hazen on other process development projects and has a long standing
knowledge of Hazen's research and development services. Hazen have a 50 year
track record of success in metallurgical process development. Hazen will conduct
metallurgical testing on core from the newly discovered high grade silver
Soledad structure which will be included in an updated resource study which is
currently underway. Hazen will also undertake further testing of material from
the bulk tonnage silver Las Bolas deposit to determine the optimal development
process for this style of mineralization."


Hazen Research, Inc. is an employee-owned industrial research and development
firm located in Golden, Colorado. Hazen presently has 110 employees with 15
buildings containing an extensive inventory of laboratory and pilot plant
equipment. Hazen have been involved in over 10,000 projects for industrial
clients and can provide the preliminary layout and cost estimations for
mineral-treatment facilities. Hazen has developed hundreds of
hydrometallurgical, pyrometallurgical, and mineral beneficiation processes.


In addition to the Metallurgical Process Development Study signed with Hazen,
Soltoro has signed a consulting arrangement with Dr. Dalvi which includes the
issuance of 100,000 share options to Dr. Dalvi. These options were issued on
October 3, 2011 at an exercise price of $0.75, expire in three years and are
subject to regulatory approval and vesting under the Company's stock option
plan.


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 was recently completed at the Chinipas gold project
in the State of Chihuahua. 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 56,666,537 shares outstanding
and trades on the TSX Venture Exchange under the symbol SOL. Coeur D'Alenes
Mines Corp. holds 4.5 million shares of Soltoro Ltd.


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.