exploring the iberian pyrite belt

GLOBAL RESOURCESINVESTMENT CONFERENCE

STATIONERS’ HALL, CITY OF LONDON ● TUESDAY-WEDNESDAY, 27-28 SEP 2011

www.ObjectiveCapitalConferences.com

Exploring the Iberian Pyrite belt Greg Pendura – Solid Resources

Other sponsors & participating organisations:

GLOBAL RESOURCESINVESTMENT CONFERENCE 2011

Lead sponsor:

Media partners:

@Objectivelive

Fall 2011 Presentation

Precious and Rare Metals Exploration

TSX.V: SRW FSE: YRSSolidResources.com

Disclaimer

Certain information regarding Solid Resources Ltd. (SRW) contained herein may be deemed forward looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although SRW believes that the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. SRW cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what SRW currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements could include exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions.

The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and subject to change after that date.

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY

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• Unique Objective: Be the first European tantalum & associated rare metals mine.

• A short time to hard numbers: Q4/2011 – 43-101 & metallurgy report.

• Assays speak volumes: 2011 drilling – dramatic zone extension.

• Value! Trading price versus fact + potential.

Highlights

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About 25 KM’s east of the port city of Pontevedra in northwestern Spain.

Pontevedra Ourense

Spain – Doade-Presqueira PropertyOverview

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Spain – Doade-Presqueiras Property


Uses: 70% Electronics; 15% Alloy Agent; 10% Corrosion Resistance; 5% Medical Science

Supply: Shortfall of 21%. 30% Australia; 14% Brazil; 5% China; 30% Africa - “Conflict Minerals”

Outlook: The electronics industry is driving its demand as the world becomes more and more reliant on light-weight technologies.

Tantalum: Rare Metals

$150/lb Concentrate$250/lb Oxide

Source - Asia Metals

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“A price increase of over 150% in a year.”


Tantalum: Rare Metals

One of the world’s largest tantalum processors

''We do not purchase any raw materials from the DRC or adjoining countries, even if we are offered material with allegedly official certifications from other state authorities.''

The act contained Conflict Minerals legislation pertaining to conflict regions in Central Africa, principally the DCR.

Prior to the Conflict Minerals Bill, there was a 21% supply shortfall in Tantalum. With the addition of the restricted African nations, there now exists a 51% supply shortfall.

The market requires additional production from projects located in politically stable countries that can demonstrate legitimate, long-term supply.

Dodd-Frank Wall Street Reform Bill and Consumer Protection ActJuly 15, 2010


Tin: Rare Metals

~$11 / lb

Demand: 52% soldering for electronics, 17% tinplate for canned goods. Also for alloyed materials (brass, bronze & pewter), Window glass & Corrosion prevention

Supply: Indonesia, China, Peru, 5% Congo - “Conflict Mineral”

Outlook: In a strong bull market for metals, tin has been the outstanding performer, with prices surging above $31,000/tonne ($14/lb). Analysts and industry authorities are now predicting further rapid rises to $40,000 or $50,000/tonne, ($18 - $23/lb.) based on expectations that demand will continue to outstrip supply. CRU/The Independent Authority

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Lithium: Rare Metals

$2.5 / lb

Uses – Rechargeable batteries, Glass & Ceramics, Lubricants & Chemicals, Medications & Fusion Energy.

Outlook – Hybrid gasoline / electric vehicles with lightweight Lithium batteries are expected to significantly impact future demand.

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Rare Metals

Uses: Steel production, electronics and super magnetsNiobium - $28/lb

Cesium - $64/gUses: Biomedical devices & magnetometers.

Rubidium - $12/gUses: Specialty ceramics & glass, aerospace alloys & biochemistry

Continued...

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Goal: To prove the continuity of the mineralized dykes, which would lead to an open pit operation in the north and an underground mine in the south.

- January - July 2011

- 31 holes - 3,500 metres. Completed. On time and on budget.

- 18 hole, 2,000 metre program in the North Zone (open pit)

- 13 hole, 1,500 metre program targeted the South Zone

Spain – Doade-Presqueiras Property2011 Drill Program

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• Spanish rare metals property – former tin mine.

• Proven mineralization –Tin, Tantalum, Lithium, Niobium, Cesium and Rubidium.

• 2011 assays show consistent mineralization and pegmatite dykes are 50 – 100% greater than 2003/05 drill programs.

• 94 m extension of high grade mineralization in northern (Presqueiras) area.

• NI 43-101 compliant Reserve Estimate – October 2011.

• Metallurgy report – November 2011.

Company Overview

Objective

• Verify the property’s significant tonnage.

• Prove economic viability of a large scale open pit mining operation.

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• A few kilometres east of the port cities of Pontevedra and Vigo in the region of Galicia.

• Full access to roads, electricity, water, rail, labour force and deep sea port.

• 3,690 hectares in a north-south direction hosting numerous pegmatite dykes (type of rock that hosts rare metals)

• Spanish Ministry of Industry, Tourism and Trade are continuing to be strong supporters of the Doade-Presqueiras Project, granting the maximum subsidy.

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• Over 40 rare element pegmatite dykes exposed at the surface in a belt 250 to 300 m wide and 14 km long in a north / south direction.

• Pegmatite dykes are up to 26 m thick and have strike lengths of over 2 km.

• The mineralized pegmatite has shown values of over 400 ppm Tantalum, 2,300 ppm Tin & over 2% Lithium.


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Hole Numbers

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1 – 16, 30 & 31

17 & 18

19 & 20

21 - 23

24 & 25

26 -29


North Zone Highlights (inclusive):


Length(m)

Tin(ppm)

Tantalum (ppm)

Niobium(ppm)

Lithium(%)

11.70 951 117 121 1.01

11.75 999 124 101 1.15

15.9 966 103 95 0.26

14.1 855 151 116 0.54

8.85 873 118 112 0.54

26.0 682 101 96 0.46

Note: 1 lb = 454 ppm/g/t & 1% = 20 lbs . Tin = $11/lb. Tantalum = $250/lb. Niobium = $28/lb. Lithium = 2.5/lb

Suitable for low cost open pit mining.

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South Zone Highlights (Inclusive):


Length(m)

Tin(ppm)

Tantalum (ppm)

Niobium(ppm)

Lithium(%)

13.25 907 176 119 0.53

3.2 1198 251 167 0.058

23.2 644 145 115 0.98

16.8 883 151 104 0.26

3.35 1075 256 126 0.19

11.0 838 168 129 1.31

5.7 1216 205 137 0.12

8.6 934 173 122 0.79

Note: 1 lb = 454 ppm/g/t & 1% = 20 lbs . Tin = $11/lb. Tantalum = $250/lb. Niobium = $28/lb. Lithium = 2.5/lb

Suitable for underground mining

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Greg Pendura, President & CEO

“In the north section, the 2003 & 2005 drill programs encountered mineralised pegmatite dykes with a maximum thickness of 15.2 metres whereas the average in the 2011 drill program is 16.25 metres with a maximum thickness of 26 metres.”

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Holes 30 & 31

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30 & 31

Northern Zone - Presqueiras


2011 Drill Program – Hole 12

“Drill core S0-11-12 is an extraordinary development for the northern zone of the Doade-Presqueiras property, because it illustrates that we can find new areas with high grades in all of the elements of economic interest as we move forward with our exploration.”

Greg Pendura, CEO and President

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Width(m)

Sample(m)

Ta2O5

(ppm)Sn

(ppm)Li2O

(%)

Nb2O5

(ppm)Rb

(ppm)

1 36 289 0.78 31 842 1 73 417 1.38 54 1130 1 146 810 1.55 107 844 1 85 845 1.03 84 1190

11.75 1 122 807 1.88 92 946

1 146 1235 1.08 101 1220 1 158 1480 0.8 130 930 1 122 2350 1.3 125 1875 1 122 832 2.06 102 981 1 122 539 1.33 111 514 1 146 1100 0.31 115 454 0.75 183 1040 0.042 143 524

• Drill hole S0-11-12 increased the known mineralization to a previously unknown area in the Presqueiras area. This led to the drilling of two additional holes (30 & 31).

• Holes 12, 30 & 31 increased the known mineralized zone by 94 m in the Presqueiras area.


Spain – Doade-Presqueiras PropertyPresqueiras 2011 Mineral Resource Estimate

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Class. Tonnes Mt

Ta2O5ppm

Snppm

Li20%

Nb2O5ppm

Inferred 5.6 91.2 585.7 0.31 83.6

Total 5.6 91.2 585.7 0.31 83.6


Spain – Doade-Presqueiras PropertyTaboazas 2011 Mineral Resource Estimate

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Class. Tonnes Mt

Ta2O5ppm

Snppm

Li20%

Nb2O5ppm

Inferred 4.2 145.0 648.7 0.77 109.4

Total 4.2 145.0 648.7 0.77 109.4


Spain – Doade-Presqueiras Property 2011 Mineral Resource Estimate

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Presqueiras Area

Tantalum: 1,120,000 lbs @ $250/lb

Tin: 7,224,000 lbs @ $11/lb

Lithium: 34,720,000 lbs @ $2.50lb

Niobium: 1,008,000 lbs @ $28/lb

Taboazas Area

Tantalum: 1,302,000 lbs @ $250/lb

Tin: 5,964,000 lbs @ $11/lb

Lithium: 64,680,000 lbs @ $2.50/lb

Niobium: 1,008,000 lbs @ $28/lb



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Estimated Costs of Production

Min

eO

pen

Pit

$74.40 / t

Underground

Soft Rock

Hard Rock $72.70 / t

$127.33 / t

$10.33 / t

Pre-Tax Profit

$12.03 / t

$19.53 / t



Searching for Galician Treasure

The race for non-conflict strategic minerals has begun in Galicia:

A Canadian company intends to operate the first coltan (tantalum) mine in Europe

“La Voz de Galicia”

May 2011

Dr. Rolf Burkhardt, PhD. Geol., Senior Geologist

Spanish Newspaper Feature on Solid

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Options Moving Forward

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1. MINING OPERATION

2. JV OR SELL FORWARD TO A SUITABLE END USER

3. JV WITH SUITABLE MINING/EXPLORATION COMPANY

4. SELL CONCESSION OUTRIGHT


2012 $4.5 Million FinancingUse of Proceeds

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Spain Doade-Presqueiras Property- 2012 Drill Program Approx. 6000m - $1,225,000- Assay/Metallurgy $200,000- NI 43-101 update $150,000- Pilot & Beneficiation Plants $300,000- Technical Support (Internal & External) $500,000- Equipment & Software $250,000

Peru Gold/Copper Property - Initial Drill Program $225,000 Spain Silver/Copper Property - Initial Drill Program $225,000 G & A $750,000 Cost of Funds $400,000 Miscellaneous $275,000 Total $4,500,000


• 1,000 hectares in Northwestern Peru

• Right to purchase 100% for $500,000 (USD)

• Gold, Silver, Copper

Opportunity in Peru

Assay ResultsFrom grab samples of mineralized outcroppings

Gold - .5 g/t - 30 g/t Copper - up to 1%

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Symbol SRW – TSX.V ; SLDRF – OTCQX ; YRS – FSE

Shares Outstanding 93.9 million

Options 6.4 million

Warrants 47.0 million

Fully Diluted 147.3 million

Cash $1.5 million

Insider Holdings 15%

Corporate Listing Details

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Greg Pendura, CEO, President & Director• Mr. Pendura has more than 35 years of experience in founding, financing and advising emerging

private and public companies.

Rick Gliege, COO, CFO & Director• With over 20 years of leadership and advisory experience as a senior manager in the public and

private sectors, he brings to Solid knowledge in strategic planning, operations, marketing and development.

Randy Hayward, B. Comm, LLB – Chairman • Mr. Hayward has maintained a successful law practice in Edmonton, Alberta for 20 years. He has

worked with numerous private and public companies for 15 years – roles include raising investment capital, corporate communications, business development and various other positions.

Harry A. McKinders – Director• Mr. McKinders joined Solid Resources in 1995 and became a Director in 1998. He has had broad

experience in the investment field and has provided consulting services to numerous public and private companies over the years.

Management & Board of Directors

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Tony Spat, M. SC., P. Eng., Advisory Board• Mr. Spat has had a truly remarkable career as an international exploration geologist and

engineer. Received the "Special Achievement Award" from the Prospectors and Developers Association of Canada in 2005 for the discovery of the Angostura gold-silver project in Columbia

Dr. Rolf Burkhardt, PhD. Geol., Geologist• Dr. Burkhardt as more than 40 years experience as a Geologist worldwide, has managed and

supervised various successful exploration projects, speaks German, English, Spanish, Portuguese and Italian.

Dr. Alfonso Gracia, PhD, Geologist, Solid Mines Espana• Dr. Gracia has worked in geological exploration and evaluation of mining projects for 35 years, on

over 100 projects in five continents, has also undertaken further studies in Business & Environmental Engineering.

Geological Team

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Dr. Peter LeCouteur, PhD, P. Eng., Geologist, Advisory Board• Dr. LeCouteur has been involved in mineral exploration since 1967. He has been involved in the

exploration of tantalum, lithium, niobium, zirconium and rare earths, gold, silver, uranium, diamonds and many more.

David Henstridge, P. Geol., Advisory Board • David brings over 37 years in the mining industry including 20 years in the management of

public-listed mineral exploration companies. He has managed numerous advanced exploration projects throughout Australia, Europe, North and South America.

Geological Team

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Conclusion

Objective

• Verify the property’s significant tonnage.

• Prove economic viability of a large scale open pit mining operation.

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• Spanish rare metals property – former tin mine.

• Proven mineralization –Tin, Tantalum, Lithium, Niobium, Cesium and Rubidium.

• 2011 assays show consistent mineralization and pegmatite dykes are 50 – 100% greater than 2003/05 drill programs.

• 94 m extension of high grade mineralization in northern (Presqueiras) area.

• NI 43-101 compliant Reserve Estimate – October 2011.

• Metallurgy report – November 2011.


Visit http://SolidResources.com

For further information contact:

Solid Resources Ltd. The Howard Group Inc.

Greg Pendura, President & CEO

Tel (780) 800 0726

Dave Burwell, Investor Relations

Tel (403) 221 0915

[email protected]

Stay Connected!

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http://SolidResources.com/