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Standard & Poor's Initiates Factual Stock Report Coverage on Solid Resources Ltd.

08.09.2011  |  Business Wire


Standard & Poor′s announced today that it has commenced Factual
Stock Report coverage on Solid Resources Ltd.


Solid Resources Ltd. (TSXV: SRW ; OTCQX : SLDRF) is an exploration
company focused on defining a reserve estimate at its 100% wholly owned
Doade-Presqueiras property in northwestern Spain. The property is host
to rare metals such as tantalum, niobium, lithium, cesium and rubidium.
It also has significant values of tin and was a former tin producer.


The Doade-Presqueira property is located in northwestern Spain and is
4,902 hectares (12,108 acres) in size. The 2011 drill program, 31 holes,
totaling 3,364 metres is now complete. Two previous drill programs were
undertaken in 2003/2005.


Assay results for the Presqueiras area (northern zone) included:


  • 10.15 m averaging 679 ppm tin, 115 ppm tantalum, .37% lithium, 996 ppm
    rubidium, and 106 ppm niobium

  • 11.75 m averaging 999 ppm tin, 124 ppm tantalum, and 1.15% lithium
    oxide

  • 11 m averaging 761 ppm tin and 174 ppm tantalum

  • 7.6 m averaging 997 tin and 166 ppm tantalum


Assay results for the southern areas of the concession included:


  • 11 m averaging 838 ppm tin and 168 ppm tantalum

  • 5.7 m averaging 1,216 tin and 205 ppm tantalum

  • 11.5 m averaging 1,272 tin and 128 ppm tantalum

  • 2.2m averaging 1,320 tin and 250 ppm tantalum


Many high grade mineralized dykes are almost at surface level, 3 m to 12
m below ground. The 2011 drill program concluded that the intersections
of the main mineralized dykes consistently have widths near or above 10
m, extending well over several kilometres. Solid Resources is now
undertaking a 43-101 compliant resource estimate, which will be
completed in Q4 2011.

S&P
Factual Stock Report coverage on Solid Resources Ltd
will also be
accessible on an ongoing basis to the investment community by scores of
buy-side institutions and sell-side firms that utilize S&P research and
information platforms daily. Millions of self-directed investors also
have access to the report via their e-brokerage accounts. Please visit www.solidresources.com
for additional information.

About Standard & Poor's Factual Stock Reports


This Standard & Poor′s service provides factual research coverage
enabling information about Solid Resources Ltd and other
securities to reach a wide investor audience of Buy and Sell-side
investors, helping them understand a company′s fundamentals and business
prospects. Currently profiling over 500 issuers, S&P Factual Stock
Reports increase market awareness for issuers in the investment
community with insightful commentary and key statistics/information.
Updated weekly with the latest pricing, trading volume, and other data,
the reports include recent developments, a financial review, key
operating information, Industry and peer comparisons, institutional
holdings analysis, Street Consensus and opinions, performance charts,
business summary, fundamental data, and news. Because coverage of these
reports is sponsored by the issuer, S&P does not offer investment
opinions concerning the advisability of investing in these stocks.


Standard & Poor′s Factual Stock Reports are produced separately from any
other analytic activity of Standard & Poor′s. Standard & Poor′s Factual
Report research has no access to non-public information received by
other units of Standard & Poor′s. Standard & Poor′s does not trade on
its own account.

Note:All U.S. and Canadian Companies listed on a National
Exchange (not covered by S&P′s STARS research) are eligible to obtain
this coverage
.

About Standard & Poor's


Standard & Poor's, a division of The McGraw-Hill Companies (NYSE: MHP),
is the world's foremost provider of financial market intelligence,
including independent credit ratings, indices, risk evaluation,
investment research and data. With approximately 10,000 employees,
including wholly owned affiliates, located in 23 countries, Standard &
Poor's is an essential part of the world's financial infrastructure and
has played a leading role for more than 140 years in providing investors
with the independent benchmarks they need to feel more confident about
their investment and financial decisions. For more information, visit http://www.standardandpoors.com.


Photos/Multimedia ?Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6854491&lang=en

Solid Resources Ltd:

Greg Pendura, 780-416-7525

g.pendura@solidresources.com

or

Standard
& Poor's:


Customer Contact:

Richard Albanese,
212-438-3647

richard_albanese@standardandpoors.com

or

Media
Relations
:

Michael Privitera, 212-438-6679

michael_privitera@standardandpoors.com



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