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Exhibit 21.1
SOLITARIO EXPLORATION & ROYALTY CORP.
Schedule of Subsidiaries
December 31, 2009
Solitario Exploration & Royalty Corp. [Colorado]
Subsidiaries-[jurisdiction] - percentage owned
- Solitario Mexico SA de CV
- - Altoro Gold Corp. [British Columbia, Canada] - 100%
- Altoro Gold (BVI) Corp. [British Virgin Islands] - 100%
- Minera Altoro (BVI) Ltd. [British Virgin Islands]- 100%
- Minera Andes (BVI) Corp. [British Virgin Islands] -100%
- Compania Minera Andes del Sur S.A. [Bolivia] - 100%
- Minera Altoro Brazil (BVI) Corp. [British Virgin Islands] - 100%
- Altoro Mineracao, Ltda. [Brazil] - 100%
Minera Solitario Peru, S.A. [Peru] - 100%
Minera Bongara, S.A. [Peru] - 100%
Minera Soloco, S.A. [Peru] - 100%
Mineracao Solitario Brazil, Ltd [Brazil]- 100%
Pedra Branca Brazil Mineracao -100%