Soltoro Completes Drill Program on Bacanora Gold Project

TORONTO, ONTARIO, Jan 15 (MARKET WIRE) --
In the final quarter of 2007, Soltoro Ltd. (TSX VENTURE: SOL) carried
out a 1,647 metre diamond drill program on its Bacanora gold project in
Sonora state, Mexico. A total of seven drill holes were completed.
Drilling was carried out to test for a bulk tonnage gold deposit as the
possible source for numerous placer deposits that exist downstream along
the Yaki River.

Several gold bearing felsic intrusive outcrops on surface were previously
identified by Soltoro over a 1.6 by 1 kilometre area. Drilling during
this initial phase was designed to test for mineralization below the
felsic intrusives within the main zone. Drill holes 1 and 2 of the
program were located within 10 metres of outcropping felsic intrusive and
intercepted strongly silicified shale and limestone with a variable
content of disseminated pyrite and/or pyrrhotite. Drill holes 3 and 4
were then drilled to the west where the thickness of the altered
sediments was increasing. These encountered thicker intervals of the
altered sediments seen in the first two holes while hole 5 cut a wide
zone of silicified breccia with silicified shale and limestone clasts.
Holes 4 and 5 encountered anomalous values of gold from 100 to 208 ppb.
Drill holes 6 and 7 were targeted next to felsic intrusive outcrops to
the north and south of the first two holes and also encountered shales
and limestones.

Results to date have not served to identify the source of the placer
deposits that occur downstream from the property. It is likely that there
still remains a larger felsic body hosting gold veins and/or a sediment
hosted source related to the extensive silica flooding intersected in
this round of drilling. There is also the possibility of an intrusive
source as suggested by the narrow intrusive breccia dikes found in holes
3 through 5. The Company is compiling the information collected to data
and considering additional work programs.

A regional mapping and sampling program was resumed during the drill
program to further investigate the potential of a mineralized ridge
located on the north east end of the property. The prior program
identified a 300 metre long strike length along the felsic dike. Assay
results from the initial sampling program returned 1280 grams per tonne
silver, 1.5% Zinc and 2.2% Cu. Assay results from the most recent
sampling program are pending. Further work is warranted to investigate
the silver potential of this area.

The diamond drill under contract has been moved from Bacanora to the La
Tortuga copper gold porphyry project in Jalisco state, Mexico. La Tortuga
is subject to a joint venture arrangement with SMM Exploration
Corporation, a subsidiary of Sumitomo Metal Mining Co., Ltd,
("Sumitomo"). Drilling is scheduled to commence shortly. Sumitomo is one
of Japan's largest copper smelting mining companies. Soltoro is acting as
the operator for the joint venture until such time Sumitomo has earned it
51% interest.

Quality Control: Drilling on the Bacanora property is supervised by
Vice-President of Exploration in Mexico, Chris Lloyd, M.Sc. and Mr.
Philip Walford, P.Geo. Mr. Philip Walford is the Company's qualified
person as defined by National Instrument 43-101 and has reviewed the
contents of this press release.

Soltoro is a junior exploration company active in Mexico. The Company has
20,215,000 shares outstanding. The Company is exploring for bulk tonnage
gold, silver and copper deposits in Mexico. Soltoro's shares trade on the
TSX Venture Exchange under the symbol SOL.

On behalf of the board,

Andrew Thomson, President

TSX Venture Exchange does not accept responsibility for
the adequacy or accuracy of this release and has neither approved nor
disapproved of the contents of this release.

Contacts:
Soltoro Ltd.
Andrew Thomson
President
(416) 987-0722
Website: www.soltoro.com

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