Solomon Announces Changes to Senior Management Team

Vancouver. February 29th. Solomon Resources Ltd. (SRB: TSX-Ven. SRB) is pleased to announce the following appointments to its senior management. Randall S. Rogers has been appointed President and Chief Operating Officer effective March 1st, 2008. Randy was formerly the Vice President – Corporate Development and Investor Relations for Solomon and brings a wealth of exploration and corporate governance expertise to his new role. Randy obtained an M.Sc. in Geology from Queen’s University at Kingston in 1981, worked for many years as a geologist for Noranda Exploration Company Ltd. and was highly regarded as a stock market investigator in the Royal Canadian Mounted Police prior to his retirement in 2007. He has published numerous articles in professional journals on the subject of corporate governance and forensic geology and presented papers on these subjects at industry conferences including the Prospectors and Developers Association Conference, the Canadian Institute of Mining and Metallurgy and others. Lawrence (Larry) J. Nagy was appointed Chairman and Chief Executive Officer effective March 1st, 2008. Larry is well known as a founding director of Solomon with over 37 years of experience in the mineral resource industry. He acquired a B.A. in Geology from the University of Saskatchewan in 1966 and spent many years working for Cominco Ltd. on projects in western Canada and Australia. Larry was a co-founder of Keewatin Engineering Ltd., a Vancouver-based geological consulting company responsible for managing exploration projects worldwide. Larry provides broad international mineral exploration experience through his tenure in a variety of successful junior resource companies. As a director of Delaware Resources Ltd. he was fundamental to the acquisition and development of the Snip Property. He has also served as a director of Calpine Resources Ltd., which optioned the Eskay Creek Property and subsequently discovered one of the largest and richest gold-silver deposits in North America. While serving as President and a director of Oliver Gold Corporation, he led Oliver in the discovery of the Segala gold deposit in Mali, West Africa, and the Ipanema gold deposit in Zimbabwe. As previously announced, Paul Maarschalk, C.A, C.B.V. was recently appointed Chief Financial Officer for Solomon. Solomon has acquired offices in the North Okanagan of British Columbia to capitalize on the exploration opportunities and pool of talented exploration practitioners in that area. Chairman and CEO Larry Nagy noted “These corporate changes reflect our new strategy of supporting world-wide exploration and development programs from a core group of exploration professionals based in Canada. Solomon is actively engaged in mineral exploration in Mongolia and elsewhere, and these changes reflect our commitment to continue to lead the way in innovation and excellence in exploration.” President and COO Randy Rogers observed “Without a doubt, Solomon’s greatest strength is the quality of people on our team. We have a world-class Board of Directors and a dedicated team of professionals in our Mongolian field office. We continue to assemble a solid management and exploration team here in Canada and, while the road ahead is fraught with peril for many junior resource issuers, we will move forward with confidence. This will be a year of change for Solomon as we look for new ways of turning opportunity into success.” 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 Solomon‟s website at www.solomonresources.ca or contact either: Lawrence J. Nagy, Chairman and CEO Phone: 604-669-6656 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. < Prev   Next >