Soltoro Trenching Expands Silver Gold Potential at El Rayo Project in Jalisco, Mexico

Soltoro Ltd. (TSX VENTURE:SOL) recently concluded a ground geophysical survey
over the entire El Rayo Project which served to identify a possible structural
extension to the gold resource area. To date Soltoro has defined Indicated
Mineral Resources of approximately 22,600 ounces of gold and Inferred Mineral
Resources containing approximately 18,900 ounces of gold on the northwest end of
the El Rayo structure. The most promising area sampled to date is the La Ocotera
zone, which is located to the northwest of the El Rayo gold resource and would
add approximately 750 metres of prospective structure to be explored. Results of
trenching completed to date include intercepts of 4.8 metres of 1.01 g/t gold
and 6.5 metres of 0.91 g/t gold in the La Ocotera area. Selected results from
trenching and rock sampling were returned as follows:




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                                                  WIDTH(1)                  
TARGET AREA          TRENCH     FROM       TO     (metres) Au (g/t) Ag (g/t)
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Guachinangillo        GUA-2      3.0      3.6          0.6     0.66       28
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Guachinangillo        GUA-3      4.2      5.1          0.9     0.37       16
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Guachinangillo        GUA-4      2.1      2.7          0.6     0.60       13
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La Ocotera            OCO-1      0.0      4.8          4.8     1.01        8
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La Ocotera            OCO-2      7.5     14.0          6.5     0.91        6
                  including      7.5     10.5          3.0     1.48        4
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La Ocotera            OCO-3      2.2      4.2          2.0     0.29       27
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(1) Sampled width. True width is unknown at this time.                      
                                                                            
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TARGET AREA:        SAMPLE NUMBER:            Au (g/t)              Ag (g/t)
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La Ocotera                   64957                0.50                    26
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La Ocotera                   64960                0.26                     4
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La Ocotera                   64961                0.84                   122
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La Ocotera                   64962                0.40                    27
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La Ocotera                   64963                0.21                     4
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La Ocotera                   64964                1.30                    11
----------------------------------------------------------------------------
La Ocotera                  738180                0.88                    11
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Las Palmas                  749493                0.40                     5
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Andrew Thomson, President and C.E.O. of Soltoro Ltd., stated: "Two drills
continue to operate to expand the existing silver resource while regional
mapping and sampling are ongoing to increase the mineralized footprint at El
Rayo. Further exploration, consisting mainly of geochemical programs, is
underway to better understand the gold potential along strike from the existing
gold resource." 


Trenching and rock sampling location maps for the EL Rayo gold zone may be
viewed at: http://www.soltoro.com/projects/pdf/NR131.pdf. 


Drilling to date on the northwest end of the El Rayo structure had identified a
gold zone one kilometre in strike length. On December 20, 2011, Soltoro released
a mineral resource estimate for the El Rayo Northern Zone deposit at its 100%
owned El Rayo silver-gold project in Jalisco, Mexico (NR117-December 20, 2011).
At the cut-off grade of 0.35 g/t Au the Indicated Mineral Resources are 380,000
tonnes at an average grade of 1.85 g/t gold containing approximately 22,600
ounces of gold, and 365,000 tonnes of Inferred Mineral Resources at an average
grade of 1.61 g/t gold, containing approximately 18,900 ounces of gold. 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. Soltoro holds in excess of 55,000 hectares of ground in Jalisco State.
The Company has a diamond drill rig and a reverse circulation drill rig
operating at the El Rayo silver project with the objective of expanding the
existing NI 43-101 silver resource. Soltoro has optioned three of its properties
in Jalisco State. The Company is seeking partners to advance its Chinipas, La
Tortuga, El Santuario and Pena Grande projects. Soltoro has 59,118,037 shares
outstanding and trades on the TSX Venture Exchange under the symbol SOL. Coeur
d'Alene 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.