| Drilling Resumes at COL-Magnet Copper-Gold Project |
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Drilling Resumes at COL-Magnet Copper-Gold Project in Northern British Columbia Armstrong, BC Wednesday July 9th, 2008. Solomon Resources Limited (SRB: TSX-V) is pleased to report that diamond drilling has commenced on the COL-Magnet Copper-Gold Porphyry Project in Northern British Columbia. A 1500 meter diamond drilling contract has been awarded to Atlas Drilling Ltd., and the drill crew has now mobilized the drilling rig onto the first drillsite. Background: The COL-Magnet project is 45 kilometers northwest of the Mt. Milligan Copper-Gold Deposit and is geologically similar in both regional setting and mineralogy to the Kwanika Project of Serengeti Resources Inc. located 35 kilometers to the northwest. Solomon completed 14 diamond drill holes in 2007 for a total of 2564 meters of NQ2 core to confirm and expand historical mineralization and to test attractive copper-in-soil geochemical anomalies and encouraging trench sampling results from widely separated locations within the claim boundaries. The 2007 drilling of the A Zone returned a grade of 0.60% copper over a true width of 25 meters and indicated a down dip extent of approximately 225 m.  Figure 1. Location map: COL-Magnet Property  Figure 2. 2008 Proposed Diamond Drill Holes: COL-Magnet Property  Figure 3. Solomon Geologist Steve Potts surveys drill collars on COL-Magnet Property Current Exploration Program: The 2008 work program, budgeted at $ 435,000, will include 1,500 meters of diamond drilling, geological mapping, and prospecting as well as rock, soil and stream sediment geochemical surveys. The following sites have been identified for drilling during 2008: The VG Showing Site targets the original Campbell trenches which returned historical values of 4.8% Copper and 2.4 g/t Gold over 3.8 meters and a coincident EM geophysical anomaly. The hole will be angled at minus 55 degrees to gain maximum coverage under the topographically higher trenches.
The Sleeper Pluton North Site targets soil geochemistry anomalies with values up to 854 ppm Copper and 25 ppm Molybdenum. This hole will be drilled at minus 50 degrees. The Tackla Eastern Site targets an EM geophysical anomaly as well as soil geochemistry values up to 2037 ppm Copper. This hole will be drilled at minus 50 degrees. The Tackla Western Site targets an EM geophysical anomaly as well as soil geochemistry values up to 2089 ppm Copper. This hole will be drilled at minus 50 degrees. The Sleeper Pluton Site targets an EM geophysical anomaly, and also will be drilled at minus 50 degrees. Qualified Person: Randy Rogers, M.Sc., P.Geol. a Qualified Person for the purposes of National Instrument 43-101, Standards for Disclosure for Mineral Projects of the Canadian Securities Administrators, and the President and Chief Operating Officer of Solomon, has verified the data disclosed herein including sampling, analytical and test data and supervised the preparation of the information that forms the basis of the disclosure contained in 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 Ltd. : Solomon Resources Ltd. 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 involved 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 the exploration of copper-gold projects in British Columbia and Ontario, a coal project in British Columbia, a tin project in Alaska and uranium projects in Mongolia. Solomon‟s shares trade under the banner SRB on the TSX Venture Exchange (TSX-V). For additional information please contact: Lawrence J. Nagy, President and CEO Phone: ( 604 ) 669-6656 Randall S. Rogers, Vice President Corporate Development & Investor Relations Phone: ( 250 ) 558-8952 Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it Toll free: 1-866-831-6666 visit Solomons website at www.solomonresources.ca The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
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