Soltera Mining Corp is working on its El Torno Gold property in Jujuy in Argentina. The President and Chief Executive Officer of the company, Dr Fabio Montanari said that in September 2010 the Goldlake Group had invested $200,000 in Soltera Mining.
The money had been used to undertake test work such as surface sampling and processing on the El Torno gold property. The test program has provided information about easily treatable surface gold and larger deposits of dispersed gold and gold vein targets.
The tests were done along with two participating specialists from the Goldlake Group which included one geologist and one mining technician. They were part of the overall planning and were also present for some of the field operations.
Hundreds of surface samples have been tested and analysed as part of the test work. The process had ended in November. Now it has been decided that the Eureka and Sur Eureka copper properties be relinquished to concentrate on the exploration and development of the El Torno gold property.
This will give the company a chance to develop the easily exploited and substantial surficial gold deposits that have formed by weathering of the underlying gold-bearing bed rocks.