| Solomon Continues Drill Program at Baruunbayan Uranium Project in Mongolia |
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Downhole Gamma Spectrometer Anomalies Reported in Two Drill Holes of the 2008 Drill Campaign
Armstrong, BC - Monday, June 2nd, 2008. Solomon Resources Limited (SRB: TSX-V) is pleased to report that diamond drilling continues on the Baruunbayan Uranium Project in Mongolia. Solomon holds seven mineral licences covering 356,603 hectares in Mongolia comprising four distinct properties: Baruunbayan, Zamtiin Gol, Airag and Uvurkhangai Properties. Background: Solomon‟s Baruunbayan Property and the adjacent Dulaan Uul Property of Cogegobi XXK (an Areva subsidiary) lie within the Unegt Depression, a broad basin approximately 100 kilometers in length and 60 kilometers in width extending from the Solomon tenures in the southwest to the Cogegobi tenures in the northeast. Solomon conducted a program of exploration in 2007 on the Baruunbayan Property and has previously reported the results of that drill program (news release dated April 9th, 2008) including an intersection of reduced dark grey to black siltstone from 123.5 to 130.5 meters depth in DDH-BB-8 in which two high gamma ray readings were observed between 123.5-126.5 meters (450cps TC) and 128.5-130.5 meters (180cps TC.) Assay results from this section of drill hole DDH-BB-8 returned a 3.0 meter interval of 0.02% U3O8 from 124.2 meters to 127.2 meters depth.  Fig. 1: Solomon‟s President Randy Rogers at the site of DDH-BB-11 in Mongolia.  Fig. 2: Mongolian field crews examine drill core from the 2008 exploration program.    The 2008 drill program is designed to test the stratigraphy and uranium mineralization potential of a broad area within the Ooshiin Govi Basin, located at the southwestern end of the Unegt Depression. Solomon‟s President Randy Rogers, director Bill Lindqvist and consultant Frank Hassard, P. Eng. have recently returned from Mongolia where they conducted a due diligence review of the field program and planned drilling campaign. Ten widely spaced drill holes have been completed to date for a combined depth of 2414 meters of a 5000 meter drill contract. Favourable stratigraphy has been observed in the majority of the holes drilled to date in the 2008 drill campaign and assays are pending for selected sample intervals. Two drill holes completed in the current campaign returned encouraging down hole spectrometric anomalies: DDH-BB-14 returned three down hole gamma spikes between 207.3 meters to 209.85 meters (2.55 meter interval) ranging from 140-250 cps TC, and the anomalous section was observed to be within permeable unconsolidated conglomerate of the Upper Cretaceous Bayanshiree Formation. DDH-BB-17 returned a continuous series of elevated down hole gamma readings from 129.8 meters to 255.25 meters (125.45 meter interval) ranging from 20 cps TC to 200 cps TC and is the most strongly anomalous hole encountered to date with regard to spectrometric readings. DDH-BB-17 ended in fine to medium grained sandstone of the Lower Cretaceous Khukhteeg Formation. Solomon‟s President Randy Rogers observed: The 2008 drill program is well underway and we have observed significant down hole gamma anomalies in two of the ten holes drilled to date. We are only halfway through the current drill campaign and continue to gather evidence of mineralization in the Baruunbayan Property. Every completed hole adds to our knowledge of the stratigraphic and structural controls that impact mineralization in the Ooshiin Govi Basin. Other field work underway at the Baruunbayan Project includes compilation of Soviet-era geological and geophysical data, ground magnetometer and radiometric surveys, detailed geological mapping and alpha cup surveys. 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 visit Solomon‟s website at www.solomonresources.ca or contact either: Lawrence J. Nagy, Chairman and Chief Executive Officer Phone: 250-546-4772 Randall S. Rogers, President and Chief Operating Officer Phone: 250-558-8952 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.
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