Soltoro Ltd. Appoints Advisory Board for Central America Projects

Strategic Insights -

Soltoro Ltd. has strengthened its ability to advance its Central America projects with the appointment of a distinguished advisory board. The board brings a wealth of experience in developing bulk tonnage gold, silver, and copper deposits to the table. Members of the Advisory Board include Chester F. Millar, Laurence W. Curtis, and Terence J. Bottrill, all of whom have a proven track record of transforming junior exploration companies into substantial producers.

Key Takeaways:

  • Soltoro Ltd. has appointed an advisory board to assist with advancing its Central America projects, leveraging the board members' expertise in developing bulk tonnage gold, silver, and copper deposits.
  • Chester F. Millar, a pioneer in heap leach gold production and large-scale bulk mining methods, brings significant experience to the board, having served as Chairman of Glamis Limited, Eldorado Gold Corporation, and Alamos Gold Inc.
  • Laurence W. Curtis, a geologist with over 35 years of international experience, has spent over 15 years working in the Caribbean Basin and has been responsible for several epithermal discoveries.
  • Terence J. Bottrill, a geologist with experience on every continent except Antarctica, has been involved in exploration discoveries of gold, silver, and copper in Canada, Mexico, USA, and Botswana.
  • The advisory board's appointment is subject to regulatory approval and comes as Soltoro Ltd. continues to explore for bulk tonnage gold, silver, and copper deposits in Mexico.
  • The Company is conducting a resource definition drill program on its El Rayo silver-gold-lead project, has a significant joint-venture partner working on its Quila project, and is advancing its Chinipas and El Santuario gold projects.
  • Directors, officers, and consultants of the Company have been granted incentive stock options to purchase 1,225,000 shares at $0.42 per share for three years.

Statistics:

  • Soltoro Ltd. has 27,408,650 shares outstanding and trades on the TSX Venture Exchange under the symbol SOL.
  • The Company has issued 1,225,000 incentive stock options to directors, officers, and consultants, exercisable at $0.42 per share for three years.

Sources:

  • Soltoro Ltd.
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