Soldi Ventures Inc. to Commence Drilling on the Golden Bullet Project, Newfoundland

- November 10th, 2011

Soldi Ventures Inc. (TSXV:SOV) reported that it has contracted Springdale Forest Resources Inc. (Diamond Drilling Division) of Springdale, NL to conduct a 2,000 meter drill program on the permitted Golden Bullet Project.

Soldi Ventures Inc. (TSXV:SOV) reported that it has contracted Springdale Forest Resources Inc. (Diamond Drilling Division) of Springdale, NL to conduct a 2,000 meter drill program on the permitted Golden Bullet Project.

As quoted in the press release:

The drill program will include drilling on the high grade Knob Prospect, which has historical drill intercepts of up to 57.46 g/t Au over 4.30 meters and the Knob Offset vein system with drill intercepts of 8.98 g/t Au over 14.33 meters. The Bullet Extension zone, which has several high-grade grab samples and multiple drill hole intercepts ranging from 1-17 g/t Au over various intercept lengths (please review previous releases) will also be drilled.

Further ground work will be carried out in areas with historic and recently discovered high gold values where they are coincident with anomalous resistivity and chargeability targets from the IP survey. The objective is to upgrade these areas to drill targets. Two examples of this are the recently discovered Vg zone with grabs samples of up to 298.8 g/t Au along with the newly discovered Quarry zone with channel samplings of 1.51 g/t Au over 5.5 meters within 0.91 g/t Au over 31 meters.

Click here to read the Soldi Ventures Inc. (TSXV:SOV) press releaseSee this press release on Marketwire
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