| Solomon Intersects 100 meters of 0.59% Cu and 0.184 g/t Au at COL Cu-Au Project |
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Vancouver, October 4th, Solomon Resources Ltd. (SRB: TSX-V) is pleased to report the assays from the first two diamond drill holes from its COL-MAGNET porphyry copper-gold project, located in the Hogem Batholith of the prolific Quesnel Trough, in north central British Columbia. DDH-2007-01 (Azimuth 225o; Dip -60o) was designed to twin a 1971 Falconbridge hole, DDH-1971-13 (Azimuth 220; -60) and has verified historic copper results, which included 45.6 metres assaying 0.84% Cu. DDH-2007-2 (Azimuth 225o; Dip -80o) was drilled from the same location, but steepened to test for grade and continuity at depth. The 2007 Solomon drilling program assayed for gold, which was not assayed by Falconbridge. Significant results from holes 2007-1 and 2007-2 include:
We are very pleased that the first two holes have not only confirmed but appear to have extended the mineralized A-Zone at depth, stated Solomon President & CEO, Larry Nagy. The ongoing drilling program will test the strike and down dip extension of the A-Zone and also test several other geophysical and geochemical targets identified during this past summer's field work. The drill is currently set up roughly 500 metres north of the A-Zone, completing DDH-2007-08 designed to test the Bug Zone, the southeast extension of mineralization first identified in the Campbell Trench area. Results are pending. Additional holes are planned to test coincident total field magnetic and laterally extensive electromagnetic resistivity geophysical anomalies identified by the 2007 Fugro airborne survey. Located roughly a kilometre south-southwest of the A-Zone, the magnetic and EM anomaly area corresponds to the Sleeper Pluton, a potassic altered monzonite intrusive body that is highlighted in part by elevated copper geochemical soil values. ![]() The delays encountered during the early stages of this drilling program now appear to have been rectified and the company is confident that the current $1.2 million field program will be completed before the end of October. The delays provided Solomon field crews the opportunity to conduct additional detailed geological mapping, trenching and geochemical surveys to further refine the drill targets now being tested. ![]() Solomon Resources Limited Directors William Lindqvist (L) and Michael Church (R) examine drill core at the COL-MAGNET property in Northern British Columbia. (Photo: Randy Rogers) Qualified Person under National Instrument 43-101:
Solomon‟s Vice-President - Exploration, David Tupper, P.Geo., 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 may contain forward-looking information, which involves inherent risk and uncertainty affecting the business of Solomon. Actual results may differ materially from those currently anticipated in such statements. About Solomon Resources Limited: Solomon Resources Limited. is a Canadian public company focused on the acquisition, exploration and development of quality mineral properties world wide. Solomon 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 is currently focused on copper-gold and zinc-lead-silver base metals projects in Canada; uranium and coal energy projects in Mongolia and western Canada respectively and a tin project in Alaska. Solomon‟s shares trade under the banner SRB on the TSX Venture Exchange (TSX-V). For additional information visit Solomons website at www.solomonresources.ca. or please contact: On Behalf of the Board of Directors of SOLOMON RESOURCES LIMITED Lawrence J. Nagy, President
Lawrence J. Nagy, President and CEO
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