Updates - 2013

Solid Resources Produces Digital 3D Models for Cehegin Iron Ore Concessions

Solid Resources' Spanish Geological team has been hard at work completing the analysis of the 38,000 meters of historical drilling on the Cehegin Iron Ore concessions. Approximately 30% of the drill holes on three of the 62 concessions we are presently evaluating have now been put into digital format. This has been loaded onto a Geographic Information System ("GIS") software program to allow for 3D modelling. Thus far, the interpretation of the historical data has exceeded our expectations for these iron ore concessions. The original producing company - Altos Hornos de Vizcaya, S. A. ("AHV") only drilled to shallow depths of approximately 30 meters. Their reasoning was that as they were a vertically integrated company (supplying iron ore for their own steel mills in Spain), they explored only for consistency of grade and adding to their already determined reserves. Our analysis confirms a vast expansion of the ore bodies which are open in all directions including depth.

Once we finalize the digitization of the historical drill data, we will commence our initial work/drill program in order to begin increasing our measured reserves as well as making all the historical data NI 43-101 compliant.

Please click Coloso to see the El Coloso concession moving 3D digital model
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