Pink Sheets: Soltera Mining Corp. (SLTA) news stock charts
Soltera Mining Corp. (SLTA/SLTA.PK) Penny Investment Summary:
Soltera Mining Corp., an exploration stage company, engages in the acquisition and exploration of mineral properties. The company explores for base and precious minerals, such as radioactive metals, copper, zinc, molybdenum, uranium, silver, and gold. It owns interest in mineral claims located in Argentina, as well as near Atlin, British Columbia. The company, formerly known as Atlin Mineral Exploration Corp., was founded in 2005 and is based in Vancouver, Canada.SOLTERA MINING CORP (SLTA:Pink OTC Markets Inc)
Snapshot of SOLTERA MINING CORP (SLTA)
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OPEN
$0.06
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PREVIOUS CLOSE
$0.06
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DAY HIGH
$0.08
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DAY LOW
$0.06
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52 WEEK HIGH
09/23/09 - $0.25
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52 WEEK LOW
07/24/09 - $0.03
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MARKET CAP
4.0M
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AVERAGE VOLUME 10 D
24.4K
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EPS TTM
$-0.01
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SHARES OUTSTANDING
66.9M
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SLTA Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for SOLTERA MINING CORP (SLTA)
Soltera Mining Corp. announced that on October 31, 2009 Nadwynn Sing resigned as a director and an officer of the company. Mr. Sing's resignation is not in connection with any known disagreement with Soltera on any matter. On November 1, 2009 Fabio Montanari consented to and was appointed the CFO, Treasurer and Corporate Secretary by the board of directors. Mr. Montanari is now the sole officer of Soltera. Fabio Montanari (52 years old) has been a director and officer of Soltera since July 2007. Mr. Montanari has been a geologist since 1985.
Soltera Mining Corp. filed its 10-K on August 28, 2009 for the period ending October 31, 2008. In this report its auditor, Manning Elliott, gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Soltera Mining Corp. announced that the results of a detailed geochemical survey at El Torno, Soltera's gold property in Argentina, are now available. El Torno is located in the Andean Cordillera near the international border with Bolivia. The property, which covers approximately 79 square kilometers, contains a set of very large gold-bearing quartz veins that extend intermittently for at least 14 km north-south within metamorphosed sedimentary rocks of Ordovician age. The central parts of the western vein system have been worked since the Inca Period and there are more than 1,000 m of underground galleries. 2,100 m of drilling in 1997 showed that a 2 m thick zone on the west side of the vein carries up to 37 gpt (grams per tonne) gold and suggested that there is potential for several million ounces along the full length of the vein. Samples of country rock some distance from the main vein have also shown up to 112 gpt gold. Soltera has carried out two gold geochemical surveys. The first was reconnaissance and consisted of 596 stream sediment samples that covered about 100 square kilometers. The results showed a series of anomalies extending the full 14 km length of the vein system together with several broad anomalies in the country rocks up to 2 km away from the main vein. The second focused on the anomalies identified by the first survey and consisted of around 1,000 samples covering an area of about 15 square kilometers. The results were excellent and confirmed the presence of a major gold anomalous zone about 5 km north-south and up to almost 2 km wide centered on the vein system but extending well beyond the vein into the country rocks on either side. There is also a separate anomalous area of about one square kilometer located about 1 km east of the main vein in the south.
Soltera Mining Corp. financial resources
SLTA Competitors
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| No competitor information is available for SLTA. | |||
| Market data is delayed at least 15 minutes. | |||
Industry Analysis
| Valuation | SLTA | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 28.3x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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SLTA |
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SLTA transactions
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| No transactions in the last 6 months. | ||
Pink Sheets: More Recent Financial News About Soltera Mining Corp.
Correction: Soltera Mining Corp. Announces Plan to Commence Near-Term Alluvial Gold Production at El Torno
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Soltera Mining Corp. Announces Intention Plan to Commence Near-Term Alluvial Gold Production at El Torno
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Soltera Mining Corp.: Open-Pit and Underground Gold Potential at El Torno, Argentina
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Soltera Mining Corp.: Open-Pit and Underground Gold Potential at El Torno, Argentina
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SOLTERA MINING CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Regulation FD Disclosure, Other
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Soltera Mining Corp.: Geochemical Results Confirm and Increase Major Gold Anomalous Zones at El Torno, Argentina
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Soltera Mining Corp. Announces Intention Plan to Commence Near-Term Alluvial Gold Production at El Torno
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SOLTERA MINING CORP. Files SEC form 10-K, Annual Report
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SOLTERA MINING CORP. Files SEC form 8-K, Entry into a Material Definitive Agreement, Termination of a Material Defini
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Correction: Soltera Mining Corp. Announces Plan to Commence Near-Term Alluvial Gold Production at El Torno
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SOLTERA MINING CORP. Files SEC form 8-K, Change in Directors or Principal Officers, Regulation FD Disclosure, Financi
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