Spanish Ministry of Industry Approves New Solid Resources Work Plan

Solid Resources Ltd.(TSXV:SRW) announced that the Spanish Ministry of Industry, Tourism and Trade has approved its new modified work plan. The new plan is designed to upgrade the Company’s existing inferred and indicated NI 43-101 resource at its Spanish tantalum and tin project.

As quoted in the press release:

The 2012 Work/Drill Program will include:

  • Taking a large bulk sample (100 tons) for concentration tests in a pilot plant.
  • Design and construction of a transportable pilot plant, following the indications of the SGS metallurgical report. The Company has confirmed suitable facilities of a nearby mining company near Santiago de Compostela, for the installation of the planned pilot plant to treat the bulk samples. This facility has space for temporary installations, energy, water, landfills and effluent treatment plant, diggers and a mini-flotation plant, appropriate to float the lithium mineral concentrates.
  • A pre-feasibility study.

Solid Resources, President and CEO, Greg Pundura, commented:

We are very proud of our accomplishments in collaborating with the local towns and the Spanish Mining Authorities to modify and expedite our late stage exploration program.The Spanish Mining Authorities have shown the commitment and recognition of the economic potential of the concession by granting the Company to enter near term production in 2013.

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