| Solomon Granted Bowron Basin Coal Licences |
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The Company is pleased to announce that it has been granted Coal Licences for it Bowron Basin Coal Project by the BC Ministry of Energy, Mines and Petroleum Resources. The Bowron Basin coal property is comprised of 4 coal licenses owned 100% by Solomon in the Cariboo Mining Division. The 4,056 ha property is located 52 km east of Prince George, BC and 2 km south of Hwy. 16 within the Traditional Lands of the Lheidli Tenneh Nation. The property includes the following licences:
In addition, Solomon staked the Basin 1 to 8 mineral claims totalling 203 units (approximately 3,650 ha) on March 2, 2006 over the same footprint as the above coal tenures. The Bowron Basin property covers the entire Upper Eocene Bowron Sedimentary Basin, a package of coal bearing shale, siltstone and sandstone deposited within a roughly 17 km by 2.5 km, north west-south east trending graben-like structure. First discovered in outcrops by GM Dawson in 1870, the Bowron Basin hosts the Bowron Basin Coal Deposit, a historic, non 43-101 compliant underground resource of 49,904,208 tonnes from two seams of high quality thermal grade bituminous coal. This historic resource, part of a total potential resource estimated to exceed 350 million tonnes, was based on 16,593 m of drilling completed between 1975-80 (R. Berzosa, P.Eng, for Norco Resources Ltd. December 31, 1981). During the 2006-07 field season, Solomon plans to complete a 3-5 hole drill program designed to confirm reported results. Qualified Person under National Instrument 43-101 David Tupper, P.Geol. a qualified person for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed the data disclosed, including sampling, analytical and test data, contained in and supervised the preparation of this news release. 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. On Behalf of the Board of Directors of David W. Tupper, Vice President, Exploration Phone: 604-669-6656 Fax: 604-684-9877 John Kocela, Investor Relations Phone: 604-488-0217 Toll Free: 866-831-6666 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
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