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OTCQX - SLDRF
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Today, Solid Resources announced the results of ten more holes from its 2011 drill program on its Doade-Presqueiras rare metals project in Spain with the goal of soon proving an economic resource. These results are from the southern section of the property.
Highlights of the released assay results are as follows:
| Drill Hole | Length | Tin (ppm) | Tantalum (ppm) | Niobium (ppm) |
| SO-11-20 | 5.7 m | 1216 | 205 | 137 |
| SO-11-22 | 11.5 m | 1272 | 128 | 121 |
| SO-11-19 | 1.45 m | 1325 | 231 | 134 |
To understand the value of the rock, consider 454 ppm = 1 lb. Tin is currently $11.05/lb; Tantalum is $150/lb and Niobium is $21/lb (USD).
The company has publically stated that its objective is for this property to be the first tantalum mine in Europe based on expected Spanish government support. Tantalum and tin are essential for nearly all electronics and high-tech communications equipment such as smart phones.
The final results from the 31 hole drill program will be announced soon.
To view the full news release, please click here.











