Soldi Ventures Receives Drill Permit for the Golden Bullet Project, Newfoundland

- October 18th, 2011

Soldi Ventures Inc.(TSXV:SOV) reported its approval of the proposed 10 hole (2,000 meter) drill program to be carried out on the Golden Bullet project.

Soldi Ventures Inc.(TSXV:SOV) reported its approval of the proposed 10 hole (2,000 meter) drill program to be carried out on the Golden Bullet project.

 

As quoted in the press release:

Golden Bullet Project Overview

The two primary licenses within this project are the Golden Bullet License and the newly acquired Boulder License. A significant amount of historical work has been completed on the Golden Bullet License identifying a number of prospects and showings. Prospects can be defined as areas of interest that have been drilled whereas showings are defined as having limited work.

The two most significant historical gold showings are the grab sample of 2,130 g/t, recorded by Noranda, and the 338.6 g/t gold discovered by Rubicon Minerals in a grab sample in 2005. Grab samples are selective by nature and are unlikely to represent average grades on the property.

Click here to read the Soldi Ventures (TSXV:SOV) press release.

Click here to read the Soldi Ventures (TSXV:SOV) profile.

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