Exploration Plans for 2009 Field Season

April 21st, 2009 Trading Symbol: TSX-V.SRB

Armstrong, BC - Tuesday, April 21st 2009. Solomon Resources Limited (SRB: TSX-V) is pleased to report that it has entered into an option agreement with Cazador Resources Ltd. of Peachland, British Columbia to acquire a 60%, or if it so elects, a 100% interest in the Bonanza-Sitka Property located forty kilometers northeast of Port Hardy in the Vancouver Mining Division of British Columbia.

The Bonanza Property covers a contiguous area of 2422 hectares which includes the original Cazador-owned tenures and additional mineral claims recently acquired under the area of influence of the option agreement.

To acquire a 60% interest in the property, Solomon must pay $160,000 and issue 3,500,000 shares to Cazador over three years. Solomon can acquire the remaining 40% interest by paying a $100,000 and issuing 1,500,000 shares to Cazador by the end of the fourth year. If Solomon fully exercises the option, Cazador shall be granted a 2.5% net smelter returns royalty on the property. Should the property be placed into commercial production, Solomon can purchase the royalty from Cazador until the fifth anniversary of the commencement of commercial production for $1,500,000. If Solomon only acquires a 60% interest in the property, it shall form a joint venture with Cazador for the further exploration of the property. Solomon would be the operator of the joint venture. The issuance of the shares will be subject to TSX Venture Exchange approval.

The Bonanza-Sitka Property is located east of the Queen Charlotte Strait on the Central Coast of British Columbia. The property is situated on the north side of Mt. Bullock between Drury Inlet and Lee Lake, forty kilometres northeast of Port Hardy and forty-three kilometres north of Port McNeill. The property has been logged in recent years, and the network of logging roads is readily accessible from a barge landing at Creasy Bay.

The Bonanza-Sitka Property is underlain by the Jurassic-Cretaceous Coast Plutonic Complex, and includes a northwesterly trending roof pendant of metavolcanic greenstone and phyllic to thinly laminated graphitic to calcareous argillite and quartzite. Gold mineralization was first reported by local prospectors on the north slope of Mount Bullock as early as 1945, and the Bonanza-Sitka Property was explored briefly by Cominco Limited in 1980 and American Bullion Minerals Limited in 1987.


Figure 1. Location Map: Bonanza-Sitka Project


The primary gold mineralization identified to date is located in a single quartz vein shear within an argillite sequence, which contains massive to disseminated pyrite, galena, chalcopyrite, sphalerite and bornite. Gold appears to correlate with the more intense silica flooding within mineralized quartz veinlets, veins and boudinage with disseminated to massive sulphides; higher gold values are typically associated to correspondingly higher values of lead and zinc. The vein has been exposed by trenching over a strike length of 280 meters, and mean width of 1.55 meters with an average grade of 3.39 grams per tonne gold.

Selected samples of sulphide rich material collected by previous operators have reported assays as high as 77.40 grams per tonne gold.


Figure 2. Claim Map: Bonanza-Sitka Project


Cominco constructed a small grid and conducted magnetometer and VLF-EM geophysical surveys prior to drilling seven diamond drill holes in 1981 from three separate collars to test the continuity of the vein structure. The results of that drilling included a 0.3 meter intersection in DDH-81-1 of 3.77 grams per tonne gold. American Bullion resampled a portion of the Cominco drill core in 1987 and reported a one meter intersection in DDH-81-7 from 37.0 to 38.0 meters depth of 3.23 grams per tonne gold not previously reported by Cominco.

American Bullion conducted further magnetometer and VLF-EM surveys, and identified a linear magnetic low and coincident VLF-EM conductor coincident with the known vein structure and traced the anomalies 1.7 kilometers along strike beyond the known mineralization. No further drilling was conducted but American Bullion concluded that given the degree of flexure exhibited by the vein, Cominco's drill holes may not have been deep enough to intersect the main part of the vein system.

The auriferous shear-hosted quartz veins occur in the same sedimentary and volcanic pendant which hosts the better known Nugget Queen/Bobmac occurrence seven kilometers to the northwest of Bonanza-Sitka.



Figure 3. 2009 Work Area: Bonanza-Sitka Project


The Solomon Resources tenures cover the northwesterly and southeasterly strike extension of the known gold mineralization, including the untested electromagnetic anomaly previously identified by American Bullion.

Given that the Nugget Queen/Bobmac occurrence to the northwest comprises eight discontinuous auriferous veins in a comparable geological setting, the focus of exploration in the 2009 field season will be to explore the extension of the primary vein structure with detailed geological mapping and geophysical surveys and determine if comparable multiple vein systems are present within the Bonanza-Sitka Property.


Figure 4. Local Geology - Bonanza-Sitka Project: From Pinsent, R.H., Mineral Potential of the Southern Coast Belt, Cape Caution Area, British Columbia (092L, 092M) in: Geological Fieldwork 1999, Paper 2000-1, British Columbia Geological Survey (2000)


Other Corporate Developments:

The Company has a number of attractive projects under consideration for future exploration programs, and these are at the preliminary stage of negotiations with the companies and individuals holding tenure.

Among the projects that Solomon is contemplating for late in the 2009 exploration season is the continuation of the exploration program on the Goldcreek Archean Gold - Volcanogenic Massive Sulphide Project. Solomon signed a Letter of Intent in 2008 with Mengold Resources Inc. (MNI: TSX.V) to earn up to a 50% interest in the Goldcreek Property and has to date completed 2212 meters of drilling in thirteen diamond drill holes at Goldcreek. Solomon is required to expend a total of $ 1,800,000 prior to September 30th, 2009 to continue to earn an interest in this project, but given adverse market conditions and the scarcity of exploration capital, a decision to continue to fund this program under the terms of the current agreement has not yet been made.

Solomon's President Randy Rogers observed: "Bonanza-Sitka is a highly prospective gold target in an area that is readily accessible. There is potential for extending the known mineralization along strike on a property with a known provenance of gold mineralization and viable anomalies that remain untested. In the current investment climate, Solomon has to focus it's exploration capital on projects with the greatest prospect of enhancing shareholder value, and in the early stages of the 2009 exploration season this is the one property that clearly met that parameter."


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 obtained the data disclosed herein including sampling, analytical and test data) from historical records of previous owners and operators of the Property. While the historical data is believed to be accurate, Solomon's exploration program will be designed to test the accuracy of the historical information.


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 gold projects in British Coumbia, an Archean gold-volcanogenic massive sulphide and other precious and base metal projects in 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:


Randall S. Rogers, President and Chief Operating Officer

Phone: 250-546-4772
Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it


Lawrence J. Nagy, Chairman and Chief Executive Officer

Phone: 250-546-4772


Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.