Soltoro Ltd. (SOL.V), which opened up to 83 cents today, moved even higher in the afternoon to 85 cents by almost 5% from yesterday's 81 cents close, after announcing that it has received an in pit measured and indicated resource estimate of 77.4 million ounces silver on its 100% owned El Rayo silver project in the State of Jalisco, Mexico.
Soltoro President and CEO, Andrew Thomson commented: "The measured and indicated in pit resources at El Rayo reflect an increase of more than 30% over those released in June 2011."
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.