News Release    
 
 
 

Soho engages Snowden Mining Industry Consultants Inc.

VANCOUVER, BRITISH COLUMBIA – March 08, 2010 – Soho Resources Corp. (TSX Venture - SOH) (“Soho” or the “Company”) is pleased to announce that it has engaged Snowden Mining Industry Consultants Inc. (“Snowden”) to produce a NI 43-101 compliant Preliminary Economic Assessment (“PEA”) for its Tahuehueto Project located in Durango, Mexico.

Snowden is an established international mining consultancy that commenced operations in Perth, Western Australia in 1987 and has now consulted on projects for over 150 clients’ worldwide, covering a wide range of mineral commodities.  Snowden’s existing client base includes most of the international mining houses.  Snowden now employs approximately 180 staff in offices in Perth, Brisbane, Vancouver, Johannesburg, London and Belo Horizonte.

The purpose of the PEA is to provide an independent economic analysis that will outline several possible options in regard to further development of the Tahuehueto Project and provide analysis on the economic potential of the project.

The Tahuehueto Project currently contains an NI 43-101 compliant resource consisting of 7.4 million tonnes Measured & Indicated, and an additional 4.8 million tonnes Inferred using a cutoff grade of 2 grams per tonne AuEQ with M&I grades averaging 2.10 grams Au, 34.97 grams Ag per tonne, 0.28% copper, 1.06% lead and 2.01% zinc. (See chart below)

CUTOFF
2 GRAMS/TONNE

GOLD

SILVER

COPPER

LEAD

ZINC

Category

 

Tonnes(,000’s)

g/t

Oz.(,000’s)

g/t

Oz.(,000’s)

Cu%

Lbs.(,000’s)

Pb%

Lbs.(,000’s)

Zn%

Lbs.(,000’s)

Measured

26%

3,254

2.40

251

36.30

3,798

0.28

20,439

1.10

79,228

2.07

148,759

Indicated

34%

4,123

1.87

248

33.92

4,496

0.27

24,900

1.03

93,511

1.96

177,894

Total M&I

60%

7,377

2.10

498

34.97

8,294

0.28

45,339

1.06

172,738

2.01

326,653

 

 

 

 

 

 

 

 

 

 

 

 

 

Inferred

40%

4,868

1.06

 

31.77

 

0.23

 

1.23

 

2.26

 

 

CUTOFF
3 GRAMS/TONNE

GOLD

SILVER

COPPER

LEAD

ZINC

Category

 

Tonnes(,000’s)

g/t

Oz.(,000’s)

g/t

Oz.(,000’s)

Cu%

Lbs.(,000’s)

Pb%

Lbs.(,000’s)

Zn%

Lbs.(,000’s)

Measured

29%

2,304

3.14

232

43.22

3,201

0.34

17,108

1.32

67,122

2.45

124,209

Indicated

34%

2,757

2.29

203

33.46

2,966

0.27

16,269

0.98

59,796

1.86

113,354

Total M&I

63%

5,061

2.67

435

37.90

6,167

0.30

33,377

1.14

126,968

2.13

237,563

 

 

 

 

 

 

 

 

 

 

 

 

 

Inferred

37%

2,946

1.38

 

34.53

 

0.26

 

1.43

 

2.68

 


 

CUTOFF
4 GRAMS/TONNE

GOLD

SILVER

COPPER

LEAD

ZINC

Category

 

Tonnes(,000’s)

g/t

Oz.(,000’s)

g/t

Oz.(,000’s)

Cu%

Lbs.(,000’s)

Pb%

Lbs.(,000’s)

Zn%

Lbs.(,000’s)

Measured

30%

1,646

3.98

211

48.40

2,562

0.39

14,222

1.46

53,085

2.78

101,023

Indicated

34%

1,844

3.16

187

40.58

2,405

0.33

13,548

1.20

48,580

2.27

92,365

Total M&I

64%

3,490

3.55

398

44.27

4,967

0.36

27,771

1.32

101,665

2.51

193,388

 

 

 

 

 

 

 

 

 

 

 

 

 

Inferred

36%

1,945

1.72

 

38.07

 

0.30

 

1.56

 

3.11

 

 

The resource figures presented above are from a NI 43-101 compliant mineral resource estimate report prepared by Scott E. Wilson Consulting, Inc. ("Wilson Consulting") based in Englewood, Colorado.  The "qualified person", (as such term is defined in NI 43-101), who prepared the mineral resource estimates disclosed in this press release is Mr. Scott Wilson, B.A. Geology, a Certified Professional Geologist and member of the American Institute of Professional Geologists in Denver, Colorado (see news release dated 25 June, 2009)

Mr Ralph Shearing, P.Geol., also a “qualified person” is responsible for the preparation of this news release.

ON BEHALF OF THE BOARD OF DIRECTORS

(signed) “Ralph Shearing”

Ralph Shearing, Chief Executive Officer
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

WARNING: The Company relies upon litigation protection for "forward-looking" statements. This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of up-coming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Soho Resources Corp. relies upon litigation protection for forward-looking statements.

 

Contact Information:

Soho Resources Corp.
Mr. Glen Sandwell
Tel: (604) 684-8071
Fax: (604) 684-3829
Email: ir@sohoresources.ca
Web: www.sohoresources.ca

   
 
 
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