Solitaire Executes Letter of Intent for Option to Acquire Eldorado From Kinross

Solitaire Minerals Corp. (TSX VENTURE: SLT)(OTCBB: SREMF) is pleased to announce that it has signed a letter of intent with Kinross Gold Corporation (TSX: K)(NYSE: KGC) for an option to acquire Kinross' interests in the Eldorado Uranium Mine property at Port Radium in the Northwest Territories (the "Eldorado Property"). Included in the acquisition will be the technical library comprised of Echo Bay Mines and Eldorado Nuclear mine and exploration reports for the entire mining camp. The Eldorado Uranium Mine produced 15 million pounds of uranium and eight million ounces of silver.

The Eldorado Property, consisting of 887.36 acres, adjoins Solitaire's Mystery Island property and expands the property size to 22,717.23 acres. This project shares property boundaries with and is partly surrounded by properties owned by Alberta Star Development Corp. (TSX VENTURE: ASX). Solitaire and Alberta Star share some of the underground working of the Eldorado mine. The Eldorado Property is located at Port Radium on the east side of Great Bear Lake, Northwest Territories, and 423 miles north of the city of Yellowknife.