| Solomon Releases Results of 2007 Mongolian Drill Program 2008 Field Program Underway |
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Drilling intersects 3.0 Meters of 0.02 % U3O8 on Baruunbayan Roll-front Uranium Property in Gobi Desert
Armstrong, April 9th. Solomon Resources Limited (SRB: TSX-V) is pleased to report that all of the diamond drilling assay results from its 2007 Mongolian drill program have been received and field work has commenced for the 2008 field season. Solomon holds seven mineral licences covering 356,603 hectares in Mongolia comprising four distinct properties: Baruunbayan, Zamtiin Gol, Airag and Uvurkhangai Properties. This news release documents the results of exploration conducted in 2007 on the Baruunbayan Property and the commencement of exploration of this property for the 2008 field season. 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. Historical uranium exploration in the Unegt Depression has been focussed on the proluvial and alluvial sedimentary rocks of the Cretaceous Sainshand Formation. Fossil and stratigraphic evidence suggest that the Cretaceous basins of southeast Mongolia were bounded by the syndepositional Totoshan and Saikhandulaan uplifts and later covered by Upper Cretaceous and Palaeocene sedimentary rocks.  Figure 1. Location Map: Solomon Resources Limited Mongolian Properties  Figure 2. Baruunbayan, Zamtiin Gol, Airag and Uvurkhangai Properties Environmental baseline work was completed by Eco-Trade LLC on Solomon‟s Baruunbayan property in late fall of 2007 prior to the start of drilling. The environmental contractor documented unrehabilitated trenches and other surface impacts from historical Soviet exploration near the Tsagaan Tsav village and surveyed fourteen wells within the Solomon licence area. Water samples were collected and geochemical analyses conducted by Actlabs in Ontario. A truck mounted spectrometric survey was completed in the northern part of the Shine Us Basin where Soviet exploration identified several airborne uranium anomalies. An oval shaped uranium anomaly measuring three kilometres by six kilometres was outlined in the northern part of the Shine Us Basin. 2007 Drill Program Drilling was contracted to Falcon Drilling Mongolia LLC of Ulaanbaatar, Mongolia and utilized two skid-mounted drill rigs (F2000 and BBS-56 series). A total of 2148.80 metres of diamond drilling was completed at the Baruunbayan property from November 10th, 2007 to December 12th, 2007: seven holes totalling 585.05 meters were drilled in the Ail prospect and nine holes totalling 1563.75 metres were drilled in the Bumbat, Shine Us and Ooshiin Govi Basins.  Figure 3. Falcon Drilling Mongolia LLC of Ulaanbaatar, Mongolia - Drill Crew A total of 537 core samples were collected. Sample intervals submitted for analysis were selected based on lithologic, structural and down-hole gamma ray breaks. In total 587 samples including field duplicates, blanks and standards were prepared and submitted for X-Ray Fluorescence (XRF) assays by Actlabs Asia in Ulaanbaatar and Delayed Neutron Count (DNC) assay by Actlabs in Ontario, Canada. Selected samples were submitted to ALS-Chemex laboratory, Vancouver Canada for analysis of 48 elements including uranium (0.1 - 10,000 ppm) and thorium (0.2 - 10,000 ppm) by HF-HNO3-HClO4 acid digestion, HCl leach, and a combination of ICP-MS and ICP-AES. XRF and DNC assays of blanks and field duplicates were within acceptable limits. This program of assays, check assays and triple check assays was subject to procedural delays at the laboratories due to unprecedented demand for uranium analyses as well as delays incidental to shipping radioactive core samples from Mongolia to Canada. Ail Prospect Seven drill holes were completed on the Ail Prospect in the period November 26th through December 2nd, 2007. Two drill holes in the southern part of the Ail Prospect were designed to test for structurally controlled uranium mineralization and two holes in the northern part of the Ail Prospect were designed to test for basal uranium mineralization in coarse Cretaceous sedimentary rocks. Three short holes were drilled in the central portion of the Ail Prospect to test for both structurally controlled and strata bound uranium mineralization hosted in Jurassic sedimentary rocks. Down-hole gamma ray surveys demonstrated that the uranium mineralization in the central and southern part of the Ail Prospect appears to be surficial soil and fracture fill material. Uranium mineralization encountered in the two northern drill holes was insignificant and no further work is planned for this target. Bumbat, Shine Us and Ooshiin Govi Basin Prospects Nine scout drill holes totalling 1563.75 metres were completed in the three basin targets of the Baruunbayan Property. The 2007 drill program was directed at tabular or roll-front type uranium mineralization, and extended from November 10th, 2007 to December 11th, 2007. Three drill holes totalling 318.0 meters were completed in the Bumbat Basin. The Bumbat Basin is situated at the extreme western extent of the Unegt Depression and extends northeasterly over 20 kilometers in length and 8 kilometers in width. To the south, the Bumbat Basin appears to be bounded by latitudinal tectonic faults that mark the transition to Middle Palaeozoic volcano-sedimentary rocks which are intruded locally by younger plutonic rocks. A prospective anomaly in the southwest part of the Bumbat Basin was identified by Soviet airborne geophysics in 1981, where a sample collected in 1981 was reported at 0.015% U. The three drill holes tested this anomaly and adjacent ground. Drilling at the anomaly encountered a thin layer of thick sandy siltstone with gypsum and graphite of the Bayanshiree Formation followed by 61 meters of the Upper Suite of Sainshand Formation consisting of sandstone with thin layers of clay and pebble and 9.6 meters of the Lower Suite of the Sainshand Formation consisting of fine pebble conglomerate and gritstone. The remaining holes primarily encountered Sainshand sedimentary rocks and assay results did not return significant uranium intersections. One drill hole of 318.0 meters was completed in the Shine Us Basin located at the southwest extent of the Baruunbuyan Property. The Shine Us Basin trends northwesterly and is 5 to 8 kilometers in width and 20 kilometers in length. The Shine Us Basin is believed to be dominantly covered by Lower Cretaceous sediments of Huhteeg Formation, although an isolated autogamma anomaly was found to be associated with lightly coloured sandstones of the Sainshand Formation cut by black, dark grey chalcedony veins 2 to 5 centimeters thick. On the south of the Shine Us Basin these sediments are covered by thin layer of Upper Cretaceous Bayanshiree Formation fine grained sedimentary rocks. The 2007 drilling tested a gamma anomaly at the northeast part of Shine Us Basin, but assay results did not return any significant uranium intersections. Five drill holes totalling 1139.3 meters were completed in the Ooshiin Govi Basin. The similarity of the Ooshin Govi Basin targets to the recently discovered sandstone hosted uranium mineralization of Cogegobi‟s neighbouring Dulaan Uul property suggests that the western sector of the Ooshiin Govi Basin has high potential for significant uranium mineralization. The Ooshiin Govi Basin is located at the southeastern extent of the Baruunbayan property in the southwestern end of the Unegt Depression. A small horst block isolates the Ooshiin Govi from the main trend of the Unegt Depression. Drilling in 2007 confirmed that the Ooshiin Govi Basin is transected by reactivated tectonic faults striking generally northeasterly. Thick lacustrine sediments have accumulated in the southeastern and more deeply seated edge of the Basin, while coarse alluvial and proluvial sediments accumulated at the uplifted northwestern edge of the Basin.  Figure 4. Ail Prospect , Bumbat Basin, Shine Us Basin and Ooshiin Govi Basin Location Map Drill hole B-1 was designed to gather initial stratigraphic information and to search for evidence of uranium transport or deposition. The Lower Cretaceous Huhteeg Formation was encountered between 205 and 260 meters and was observed to display moderate evidence of a reducing environment that may reflect a remote seepage zone of a broad roll front. The Huhteeg Formation comprises gray to greenish gray moderately consolidated fine to medium grained sandstone with thin layers of greenish gray siltstone. Moderately reduced medium to dark gray sandstones and silty sandstone were encountered between 205 and 253 meters depth . Down-hole gamma readings ranged from 40-60 counts per second (cps) total count (TC) between 185-210 meters depth and erratic 60-160cps TC from 210-260 meters depth. A peak anomaly of up to 175cps TC was detected between 245-250 meters depth in this hole. The depth of the altered zone encountered in drill hole B-1 compares favourably with the mineralized U-1 Horizon as described by Cogegobi. Drill hole B-8 was collared in a downdip block associated to a northeast trending tectonic fault located at the southeast edge of the basin. Drill hole B-8 is the only hole drilled in the east side of the NE trending neo-tectonic fault which transects the Ooshiin Govi Basin, and encountered favourable stratigraphy of upper Cretaceous Sainshand formation and demonstrated the highest down hole gamma ray anomalies observed to date in the Baruunbayan property. A weakly reduced band of coarse sedimentary rocks was encountered between 59.65 and 64.25 meters. A strongly reduced band of dark grey to black siltstone was encountered from 123.5 to 130.5 meters depth, with two high gamma ray readings observed between 123.5-126.5 meters (450cps TC) and 128.5-130.5 meters (180cps TC). Hand held scintilometer readings of drill core from this interval ranged from 70-110cps TC. Assay results from this section of drill hole B-8 returned the following values:
It should be noted that the weighted average of 0.02% U3O8 is comparable to grades reported in the U3 horizon at the adjacent Dulaan Uul property of Cogegobi. The weakly reduced horizon encountered between 59.65 and 64.25 meters depth demonstrates an elevated strontium, sulphur and tellurium geochemical signature and the strongly reduced horizon which returned the significant uranium assays from 124.2 to 127.2 meters depth demonstrates elevated vanadium, selenium, silver, cadmium, copper and phosphorous which fits well with geochemical modeling of typical semi-rollfront type sandstone uranium mineralization. The remaining three drill holes in the Ooshiin Govi Basin did not return any significant uranium intersections.  Figure 5. Location of Ooshiin Govi Basin Drill Holes  Figure 6. Drill Section Hole 2007-B-8 2008 Exploration Season In advance of the 2008 field season Solomon personnel continued to collate reports and data from previous exploration in the Unegt, Zuunbayan and Sainshand Depressions in Dornogobi Aimag. Our geologists and geophysicists have reviewed geological reports from oil exploration from 1930 to 1970, regional geological mapping from 1960 to 2003, hydrogeological exploration from 1940 to 1990, copper-molybdenum-gypsum exploration 1980 to 1985 and Soviet-era uranium exploration from 1980 to 1985. On March 19th, 2008 field work resumed at the Baruunbayan Property which includes 1700 line-kilometers of ground geophysics, detailed geological mapping and alpha cup surveys in the Ail District and magnetometer surveys in the Bumbat Basin area. Environmental reports for the 2007 field program have been submitted to local authorities as well as 2008 environmental plans for the Dornogobi-3 and Dornogobi-4 licence areas. Drilling is planned to resume at the Ooshiin Govi Basin on the Baruunbayan Property in early May of 2008. Initial drilling will be directed at stepping out from discovery hole 2007-B-8. Solomon‟s President Randy Rogers, director Bill Lindqvist and consultant Frank Hassard, P. Eng. will be in Mongolia at that time to conduct a due diligence review of the field program and supervise the start of the drill campaign. Qualified Person: Dr. William Lindqvist, Ph.D., FSEG, AIMM, AIME, a Qualified Person for the purposes of National Instrument 43-101, Standards for Disclosure for Mineral Projects of the Canadian Securities Administrators and a director of Solomon has verified the data disclosed herein including sampling, analytical and test data. Mr. David Tupper, P.Geo., also a Qualified Person and the former Vice-President, Exploration of Solomon supervised the conduct of the exploration program disclosed herein 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 projects 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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