Solomon Appoint Mr. Keith Laskowski as President and Chief Operating Officer

Mr. Larry Nagy, President and CEO, is pleased to announce the appointment of Mr. Keith Laskowski as President and Chief Operating Officer of the Company, effective April 1, 2005. To facilitate the appointment, Larry Nagy will be appointed Chairman of the Company, also effective April 1, 2005. Mr. Laskowski holds an MSC in Geology from the Colorado School of Mines and has over 25 years of experience in precious metals and base metals exploration, uranium exploration and mine geology. During the past eight years, Mr. Laskowski created and directed Gallant Minerals Ltd., a private exploration company (formerly Harrods Minerals Ltd.), owned and funded by Mr. Mohamed Al Fayed, founder of the Harrods group of businesses of London, England. With a yearly exploration budget of US 2 to 3 million, Gallant has focussed on developing exploration targets in Mongolia and Peru. Since 2000 Gallant, under Mr. Laskowski’s direction, has ventured over 60 projects and attractedover US 7 million in third party investment. Prior to his tenure with Gallant, Mr. Laskowski spent 17 years as Senior Geologist with Newmont Exploration Ltd. where he managed regional exploration offices in Raleigh, North Carolina and Duluth, Minnesota, and obtained mine operation experience at the Post and Carlin Mines in Nevada. He also managed resource definition programs on Newmont acquisitions at Musgrove, Idaho and the True North Project in Alaska. Under his guidance, additional gold resources were identified and both projects received National Environmental Protection Awards, reflecting an integrated management style and system. Since 1983, Mr. Laskowski has authored and co-authored six geological publications. Solomon’s Board of Directors is extremely pleased that Mr. Laskowski has agreed to join Solomon and the Board is confident that Mr. Laskowski is the right individual to take Solomon to the next level of development. The Board looks forward to supporting and working with Mr. Laskowski as he directs Solomon’s present operations in Mongolia,Australia and the new exploration projects generated world-wide. As part of Mr. Laskowski’s compensation package, Solomon has granted Mr. Laskowski an option to purchase 1.0 million Solomon shares at a price of $0.36 per share for a period of five years. The option will become 100% vested over a 24 month period. On Behalf of the Board of Directors of SOLOMON RESOURCES LIMITED Lawrence J. Nagy President & CEO Contact Information Toll Free Phone: 1-866-831-6666 Phone: 604-669-6656 Fax: 604-684-9877 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. < Prev   Next >