| Solomon Acquires Zamtiin Gol Uranium Prospect |
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Vancouver, Canada, November 30, 2006 Solomon Resources Ltd. (SRB: TSX-V) is pleased to announce that it has signed a Letter of Intent (LOI) to acquire a 100% interest in the Zamtiin Gol uranium property from Erdenyn Erel LLC, a private Mongolian company. The 39,165 hectare Zamtiin Gol property is located in Arhangai Province in west central Mongolia, more than 550 kilometres west of Ulaanbaatar. The property overlies Quaternary unconsolidated sediments derived from the high background radioactive Solongo intrusive complex and is highlighted by published airborne spectrometer survey anomalies, reportedly the strongest anomaly grouping in central Mongolia (1979 Open File 2433; anomalies 449, 450, 452, 1269 & 1270). Solomon field crews examined the property in August 2006, completing roughly 55 linekilometres of GPS-controlled, truck-mounted reconnaissance auto gamma-ray spectrometer survey (4 litre, Pico GRS-2 spectrometer). In the south part of the property spectrometric reconnaissance profiles completed in the area of Anomaly 450 resulted in the identification of an anomaly area roughly 300 metres by 120 metres measuring between 20 and 80 ppm uranium (Figure 1). A single soil sample (sample 51893) collected at the most anomalous station assayed 215 uranium and 45.4 ppm thorium. A program of detailed spectrometer survey and test pit sampling is planned for 2007. Solomon can earn a 100% interest in the Zamtiin Gol property by paying Erdenyn Erel a total of US$50,000 ($10,000 on signing the LOI, $15,000 and $25,000 on the first and second anniversaries, respectively). Erdenyn Erel will retain a 0.5% net Smelter Return royalty, which Solomon may purchase for $250,000 within 12 months of the commencement of commercial production. Qualified Person under National Instrument 43-101 David Tupper, P.Geol. a qualified person for the purposes of National Instrument 43-101, has verified the data disclosed, including sampling, analytical and test data, contained in and supervised the preparation of this news release. QA/QC Solomon has implemented quality assurance and quality control measures in its exploration programs, including the following:
Forward Looking Statements Some of the statements in this news release contain forward-looking information, which involves inherent risk and uncertainty affecting the business of Solomon Resources Ltd. Actual results may differ materially from those currently anticipated in such statements About Solomon Resources Ltd. Solomon Resources Ltd. is a Canadian public company focused on the acquisition, exploration and development of gold properties world wide. The Company is managed by a proven team of exploration geologists credited with the discovery and/or development of a number of significant deposits in the world, including the SNIP, Eskay Creek, and Brewery Creek deposits in Canada, the Segala gold deposit in Mali, the Chimney Creek, Mule Canyon, Ruby Hill, Mesquite, and Ortiz gold deposits in the United States, the Gosowong deposit in Indonesia, and the Cadia East deposit in Australia. Solomon has significant gold exploration projects in Mongolia and Australia. Solomons shares trade under the banner SRB on the TSX Venture Exchange (TSX-V). For additional information visit Solomons website at www.solomonresources.ca. On Behalf of the Board of Directors of
News Release November 30, 2006 - Figure 1
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