Solex Resources Corp. - Cullquimayo

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Macusani South Macusani West Picotani Pilunani Princesa

Cullquimayo

Recent Press Releases:

June 6, 2007		Solex Resources Corp. Provides Update on Exploration Projects in Peru

August 29, 2006		Solex Resources Corp. Provides A Summary Of The Cullquimayo Project, South-Eastern Peru

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Claim Map

The Cullquimayo project was staked in March, 2005, in an area that had previously been explored by a German geological mission, working with the Peruvian Atomic Commission (GMAPC) during the period 1959 to 1967. Eight prospective targets have been identified with the potential for silver, copper, nickel and gold.

Size/Location: The Cullquimayo project consists of nine properties covering 5,300 hectares. The property is located in the Vilcabamba mining district, within the Cordillera Oriental of the Peruvian Andes. It lies 80 kilometres northwest of the city of Cusco, in the Convencion Province, Cusco department. The village of Vilcabamba is an 8 hour car drive from Cusco (approximately 250 km), along a well-maintained all-weather road. Once at the village, the Cullquimayo properties are located 4 to 12 kilometers away.

History: Uranium was discovered in the region in the early 1950s through artisanal mining activities, and the district was then extensively explored resulting in a small-scale production (2,500 tonnes of uranium ore). The area was further explored by a German geological mission, working with the Peruvian Atomic Commission (GMAPC), from 1959 to 1967. The work had defined grades of up to 3.9% lead, 8.9% nickel and 67 oz/tonne silver and 17% uranium.

Geology/Mineralization: The geology at Cullquimayo mostly comprises Palaeozoic and lower Mesozoic sedimentary rocks, and some volcanics, intruded by Triassic (Hercynian) granodiorite batholiths and Tertiary minor intrusions. Mineralization consists of discrete, narrow fracture veins with a range of copper, zinc, lead, silver and nickel sulphides and sulphosalts and uranium (pitchblende) with calcite-quartz gangue. Small lenses of uraninite occur in calcite veins that mostly carry copper-nickel mineralization.

Exploration: In August, 2006, Solex completed surface exploratory surveys which confirmed the presence of consistent silver-base metals and gold-silver anomalies in the southern part of the Cullquimayo Project claim area. Detailed geological mapping and multi-element geochemical surveys on the Negrillas and Tunisca targets revealed several highly anomalous zones for silver, gold, copper, lead and zinc.

No work has been undertaken on the project since August 2006 and the project is on hold until such time as joint ventures are concluded on the Princesa and Pilunani projects.