Solomon begins diamond drilling at COL-Magnet

2008-07-09 09:49 ET - News Release

Mr. Lawrence Nagy reports

DIAMOND DRILLING RESUMES ON COL-MAGNET GOLD-COPPER PROJECT IN NORTHERN BRITISH COLUMBIA

Solomon Resources Ltd. has begun diamond drilling on the COL-Magnet copper-gold porphyry project in Northern British Columbia. A 1,500-metre diamond drilling contract has been awarded to Atlas Drilling Ltd., and the drill crew has now mobilized the drilling rig onto the first drill site.

Background

The COL-Magnet project is 45 kilometres 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 kilometres to the northwest.

Solomon completed 14 diamond drill holes in 2007, for a total of 2,564 metres of NQ2 core, to confirm and expand historical mineralization, to test attractive copper-in-soil geochemical anomalies and to encourage trench sampling results from widely separated locations within the claim boundaries. The 2007 drilling of the A zone returned a grade of 0.60 per cent copper over a true width of 25 metres and indicated a down dip extent of approximately 225 metres.

Current exploration program

The 2008 work program, budgeted at $435,000, will include 1,500 metres 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 per cent copper and 2.4 grams per tonne gold over 3.8 metres 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 parts per million 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 2,037 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 2.089 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, MSc, PGeol, a qualified person for the purposes of National Instrument 43-101, 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.

All field and data analytical work is carried out under the supervision of qualified Solomon geologists and geophysicists in accordance with procedures developed to conform to current best practices in mineral exploration.

Analytical work has been conducted by Global Discovery Labs of Vancouver, B.C., a certified analytical laboratory.

In addition to internal checks and standards provided by the labs, Solomon includes blind standard, duplicate and blank samples. All analytical sample checks and standards are within reasonable limits of error.