Solitaire Minerals Corp. (TSX VENTURE:SLT) (Solitaire) is well into its
extensive ground program on the optioned Red Lake North Project. The program has
included line cutting, prospecting and mapping. Solitaire is now proceeding to
identify drilling targets for the summer 2011 drill program. When Solitaire
completes its $750,000 program, it will then hold a 55% interest in the Red Lake
North claims, and it will commence negotiations towards entering into a
definitive joint venture agreement with Rubicon Minerals Corp.


Other Property Updates 

The Stewart Property, British Columbia 

Solitaire holds the undivided 100% right, title and interest on the Stewart
Property, a 40 claim unit comprising a total land mass of 727.36 hectares
located within the Stewart area of British Columbia. Solitaire accomplished this
by paying the equivalent of $10,000 in common shares of the Company to the
Optionor. The TSX Venture Exchange granted regulatory approval on the addendum
to the original Agreement.


The Princeton Property, British Columbia 

Solitaire holds the undivided 100% right, title and interest on the Princeton
Property, a 10 claim unit comprising a total land mass of 1,680 hectares located
within the Princeton area of British Columbia. Solitaire accomplished this by
agreeing to amend the original contract with the Optionor.


The Agreement was amended by eliminating the terms on the first and second
anniversary of the option agreement dated September 10th 2009. Those terms were
replaced by a single cash payment of $60,000 (paid in full) from Solitaire to
the Optionor. Both parties agreed that for an aggregate consideration of
$110,000 cash and 500,000 shares of Solitaire Minerals Corp., that the option
would be satisfied. The TSX Venture Exchange granted regulatory approval on the
addendum to the original Agreement.


Windfall Lake Property, Quebec 

Solitaire now holds the undivided 100% right, title and interest on the "Block
A" Windfall Lake Property as Geo Minerals Ltd. declined to further pursue the
option agreement that it had entered into. Block A is Solitaire's most northerly
Windfall Lake property located in northwestern Quebec, Canada.


Chukuni Red Lake, Ontario 

Solitaire now holds the undivided 100% right, title and interest on the Chukuni
Property as Ashburton Ventures Inc. (Ashburton) declined to further pursue the
option agreement that it had entered into. Ashburton reported assays on the
1,006 meter diamond drill program that was completed in March, 2010. The
drilling program was considered a technical success in explaining the source of
the IP anomalies as above average sulphide concentrates but did not encounter
significant gold values. Mr. Andrew Tims, P.Geo, was the qualified person under
National Instrument 43-101.


About Solitaire Minerals Corp. 

Solitaire Minerals Corp. (TSX VENTURE:SLT) is a diversified Junior Canadian
Mineral Exploration Company with a specific focus on precious and base metal
properties in North America. 


For additional information please contact Solitaire Minerals Corp. or visit
www.solitaireminerals.com.


On Behalf of the Board of Directors 

SOLITAIRE MINERALS CORP. 

Charles Desjardins, President and Director

Cautionary note:

This report contains forward looking statements. Resource estimates, unless
specifically noted, are considered speculative. Any and all other resource or
reserve estimates are historical in nature, and should not be relied upon. By
their nature, forward looking statements involve risk and uncertainties because
they relate to events and depend on factors that will or may occur in the
future. Actual results may vary depending upon exploration activities, industry
production, commodity demand and pricing, currency exchange rates, and, but not
limited to, general economic factors. Cautionary Note to US investors: The U.S.
Securities and Exchange Commission specifically prohibits the use of certain
terms, such as "reserves" unless such figures are based upon actual production
or formation tests and can be shown to be economically and legally producible
under existing economic and operating conditions.


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