Building a tantalum supply for the EU

RARE EARTHS, SPECIALITY& STRATEGIC METALSINVESTMENT SUMMIT

IRONMONGERS’ HALL, CITY OF LONDON ● THURSDAY, 17 MAR 2011www.ObjectiveCapitalConferences.com03/02/11

Building a tantalum supply for the EUGreg Pendura – Managing Director, Solid Resources

Spring 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 deemedforward looking statements within the meaning of applicable securities laws. Forward-lookingstatements may include estimates, plans, expectations, opinions, forecasts, projections, guidanceor other statements that are not statements of fact. Although SRW believes that the expectationsexpressed in such forward-looking statements are based on reasonable assumptions, suchstatements are not guarantees of future performance and actual results or developments maydiffer materially from those in forward-looking statements. SRW cautions that actual performancewill be affected by a number of factors, most of which are beyond its control, and that future eventsand results may vary substantially from what SRW currently foresees. Factors that could causeactual results to differ materially from those in forward-looking statements could includeexploitation and exploration results, continued availability of capital and financing and generaleconomic, market or business conditions.

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

THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY


• Spanish rare metals property – former tin mine

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

• 43-101 qualifying report – March 2010

• 29 hole drill program as of January 2011 -completion end Q2 2011

• New leadership late 2010 – mandate to attract capital & bring focus - $1.25 million raised Nov. 2010.

• World class geological team

Highlights

Objective• Add tonnage to enhance known reserves

• Substantiate commercial viability of a large scale mining operation

“As the potential for commodity scarcity escalates, M&A activity in the global mining sector will likely intensify, mimicking a “global arms race.”

PricewaterhouseCoopers


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

Pontevedra Ourense

Spain – Doade-Presqueira PropertyOverview


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.- Commenced January 9, 2011-29 holes - 3,500 metres-16 hole, 2,000 metre in-fill drilling in the North Zone (open pit)

-13 hole, 1,500 metre drill program to target the South Zone

-12,108 acre concession

- Expected duration: 2nd Quarter

Spain – Doade-Presqueira Property2011 Drill Program


2010 NI 43-101 Qualifying Report:

Average assay results from the 17 hole 2003 and 2005 Drill Programs returned the following average results:

- Tantalum 228 g/t- Tin 1,271 g/t- Lithium 3,405 g/t- Niobium 137 g/t

Widths ranged from one metre to 10.8 metres

Spain – Doade-Presqueira Property


The Economics – 454 grams = 1 lb

Tantalum 228 g/t $130/lb $65/tTin 1,271 g/t $14/lb $39/tLithium 3,405 g/t $3/lb* $11/tNiobium 137 g/t $21/lb $7/t

Total $122/t

* Lithium Carbonate production cost is $1.50/lb.


.

Average assay results from the 17 hole drill program - 2003 and 2005. NI 43-101.




Mergers & Acquisitions

“Junior mining & exploration companies are in play. Of late, investors have noticed a shift in capital and investing dollars towards the small and micro-cap markets.“PricewaterhouseCoopers

Many mining and metals companies are looking for acquisitions to fast track supply pipelines, driven by confidence in ongoing underlying demand in China, India and Latin America. We are seeing a lot larger lists of potential buyers than there are assets available.”Ernst & Young

“Scarce opportunities for mega deals have prompted more senior miners to acquire junior mines and exploration companies earlier in their life cycle." PricewaterhouseCoopers

Global mining M&A set to accelerate in 2011: report

M&A activity in the global mining sector is expected to accelerate in 2011, fuelled by strong commodity prices and repaired balance sheets, advisory and accountancy firm Ernst & Young

“Large private funds, including pension funds that traditionally avoided the mining sector are attracted to the potential for long term returns offered by a commodity “super cycle.” Funds are likely to focus investments on near developed or producing projects in politically stable regions.”PricewaterhouseCoopers


Rare Metals


Uses: Cell Phones, Computers, Video Cameras - electronic Capacitors (stores & releases electrical energy) & Prosthetic Devices.

Supply: 25-35% Western Australia; Africa - “Conflict Mineral”

Outlook: US pressure to end use of “Conflict Minerals”. The electronics industry is driving its demand as the world becomes more and more reliant on technology.

Tantalum: Rare Metals

$130 / lb


Tin: Rare Metals

~$14 / lb

Uses: Alloyed materials (brass, bronze & pewter), Window glass & Corrosion prevention

Supply: 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


Tantalum Investing News – Melissa Pistilli

June 10, 2010

The electronics industry is the largest consumer of the minerals, including tantalum & tin that are behind the ongoing war in the eastern provinces of the Democratic Republic of Congo that has led to the murder, torture, rape and enslavement of the region’s population.

US companies are coming under increasing pressure by the Obama administration to stop using materials originating from the conflict-zone in eastern DRC.

US Government Working to Cut-off the Conflict-Mineral Trade

http://tantaluminvestingnews.com/536/working-toward-a-conflict-free-mineral-trade/�


Lithium: Rare Metals

$3 / 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.


Rare Metals

Uses: Steel production, electronics and super magnetsNiobium

CesiumUses: Biomedical devices & magnetometers.

RubidiumUses: Specialty ceramics & glass, aerospace alloys & biochemistry

Continued...


• 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%


Symbol SRW – TSX.V ; YRS – FSE

Shares Outstanding 79.37 million

Options 6.85 million

Warrants 43.10 million

Fully Diluted 129.32 million

Cash $1 million

Insider Holdings 15%

Corporate Listing Details


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 anddevelopment.

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 raisinginvestment 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 andprivate companies over the years.

Management & Board of Directors


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 & EnvironmentalEngineering.

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 andmany more.

Geological Team


Conclusion

• Spanish rare metals property – former tin mine

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

• 43-101 qualifying report – March 2010

• 29 hole drill program as of January 2011 - completion end Q2 2011

• New leadership late 2010 – mandate to attract capital & bring focus - $1.25 million raised Nov. 2010.

• World class geological team

Objective

• Add tonnage to enhance known reserves

• Substantiate commercial viability of a large scale mining operation


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 [email protected]

Stay Connected!

http://SolidResources.com/�

Building a tantalum supply for the EU

Documents

srw fse

forwardlooking statements

actual results

global mining sector

hole drill program

exploration results

gt lithium3

gt niobium137 gt widths