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Solomon’s CEO Randy Rogers passes away

Wed, 27 Mar 2013 16:24:17 GMT

Vernon, B.C. – Tuesday, March, 26, 2013 Solomon Resources Limited (SRB: TSX-V) regrets to report that Randall S. Rogers, President and Chief Executive Officer of the Company, has passed away as the result of a heart attack. The Board of Directors will be meeting shortly to discuss appointment of a new CEO. About Solomon Resources Ltd.: Solomon Resources Ltd. is a Canadian public company focused on the acquisition, exploration and development of quality mineral properties worldwide. Solomon is managed by a proven team of exploration geologists involved with the discovery and development of a number of significant mineral deposits including the Snip and Eskay Creek deposits in British Columbia and the Brewery Creek deposit in the Yukon Territory. Solomon’s business model is that of a Project Generator. To build shareholder value, the Company intends to acquire highly prospective mineral tenures in stable jurisdictions with the objective of adding value through grassroots exploration and target refinement and then seeking option or joint venture partners through to production. For additional information visit Solomon’s website at www.solomonresources.ca (http://www.solomonresources.ca) or contact: W. Steve Vaughan or Paul S. Maarschalk Director Chief Financial Officer Phone (+1) 416-643-6924 Phone (+1) 778-484-5572 Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.

Solomon Engages Byron Capital Markets Ltd.

Tue, 12 Mar 2013 16:16:28 GMT

Vernon, B.C. – Monday, March 4th, 2013. Solomon Resources Limited (SRB: TSX-V) is very pleased to announce that has engaged Byron Capital Markets Ltd. of Toronto, Ontario to provide financial advisory services for a period of three months. Byron’s services will include: introductions to, and structuring relationships with, strategic capital market participants; providing advice and guidance with respect to optimizing Solomon’s enterprise value, market capitalization and market value per common share in the context of the financing and exploration of its Rurembo Tin Property in the Republic of Rwanda; and assisting in the preparation and messaging of shareholder or investor communication materials. In consideration of its services, Byron will be paid a fee of $25,000 per month. Subject to TSX Venture Exchange approval, the fee will be satisfied by the issuance of common shares at a deemed price equal to the volume-weighted average price of Solomon’s shares for such month, subject to any minimum price required by the Exchange. If Solomon, during the term of Byron’s retainer or for the 12 months thereafter, enters into a transaction with a strategic investor introduced by Byron, Solomon shall pay Byron a further fee of 2% of the value of such transaction or 1.5% if the transaction is valued at greater than $50 million. Byron Capital Markets Ltd. is an independent investment dealer focused on providing service to institutional investors and to corporate clients. Byron serves clients in Canada and from around the world including Europe and Australia and is rapidly building a global clientele. The Byron team brings a unique set of skills, insights and experience to numerous sectors of the global economy including metals and mining, oil and gas, alternative energy, technology, healthcare, life sciences and special situations. Solomon’s CEO Randy Rogers noted: “This is a very important strategic alliance for us as in addition to providing exposure to their broad network of capital market participants, Byron has a remarkable in-house understanding of the players and dynamics within the global tin market.” About Solomon Resources Ltd.: Solomon Resources Ltd. is a Canadian public company focused on the acquisition, exploration and development of tin, niobium and tantalum projects in equatorial Africa. The recent acquisition of an option to acquire a 100% interest in the Rurembo Tin Project in the Republic of Rwanda is the first of a series of property acquisitions and new projects in this underexplored and highly prospective region which Solomon hopes to undertake. Solomon also holds legacy projects in British Columbia and Alaska. Solomon’s business model is that of a Project Generator. To build shareholder value, the Company intends to acquire highly prospective mineral tenures in stable jurisdictions with the objective of adding value through grassroots exploration and target refinement and then seeking option or joint venture partners through to production. For additional information visit Solomon’s website at www.solomonresources.ca or contact: Randall S. Rogers M.Sc., P.Geo.President and Chief Executive OfficerPhone (778) 475-5551 Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.

Solomon Settles Outstanding Debt to Company Owned by CEO

Fri, 22 Feb 2013 16:22:52 GMT

Vernon, B.C. – Friday, February 22nd, 2013. Solomon Resources Limited (SRB: TSX-V) announces that, subject to TSX Venture Exchange approval, it has agreed to settle indebtedness of approximately $93,500 for consulting fees invoiced in 2012 by a company owned by its President and CEO by the issuance to that company of 1,000,000 common shares at a deemed price of $0.05 per share, and transferring to that company equipment valued at $23,500 and certain mineral claims in the Yukon Territory valued at $20,000.About Solomon Resources Ltd.:Solomon Resources Ltd. is a Canadian public company focused on the acquisition, exploration and development of tin, niobium and tantalum projects in equatorial Africa. The recent acquisition of an option to acquire a 100% interest in the Rurembo Tin Project in the Republic of Rwanda is the first of a series of property acquisitions and new projects in this underexplored and highly prospective region which Solomon hopes to undertake. Solomon also holds legacy projects in British Columbia and Alaska.Solomon’s business model is that of a Project Generator. To build shareholder value, the Company intends to acquire highly prospective mineral tenures in stable jurisdictions with the objective of adding value through grassroots exploration and target refinement and then seeking option or joint venture partners through to production.For additional information visit Solomon’s website at www.solomonresources.ca or contact:Randall S. Rogers M.Sc., P.Geo.President and Chief Executive OfficerPhone (778) 475-5551Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.

Solomon Reports Tin Assays in Excess of 4 % at Gipfizi Ridge in the Rurembo Project, Republic of Rwanda

Tue, 12 Feb 2013 16:36:16 GMT

Vernon, B.C. – Tuesday, February 12th, 2013. Solomon Resources Limited (SRB: TSX-V) is pleased to report that two rock samples from the Gipfizi Ridge area which had previously returned tin analyses in excess of detection limits (see news release dated January 28th, 2013) have been re-analyzed using a sodium peroxide fusion technique for refractory ores, with ICP emission spectrometry reporting tin assays in percent (%).The two samples of highly weathered pegmatite dyke material returned tin (Sn) assays of 4.703% and 4.252 % as shown in Table I. The previously reported values of Niobium (Nb) and Tantalum (Ta) are shown for comparison. Latitude and longitude coordinates for the samples are shown in SUTM Zone 35 and WGS84 datum. Sample Number mE mN % Nb % Ta % Sn 2124632 810402 9787410 0.102 0.102 4.703 2124666 810138 9786955 0.053 0.147 4.252 Table I: Analytical results - Gipfizi Ridge: Niobium (Nb), Tantalum (Ta) and Tin (Sn) expressed in percent (%)All coordinates are in SUTM Zone 35 and WGS84 datum. Solomon field crews under the supervision of Project Geologist Terry Coyle, M.Sc., P. Geo. obtained these two samples, ranging in weight from 0.72 to 0.77 kilograms, of highly weathered pegmatite dyke material in this area of artisanal mining activity.Gipfizi Ridge is a high priority follow-up area identified in Solomon’s analysis of airborne geophysical data and geological mapping in the Rurembo Prospecting Licence area. This target includes a zone of active artisanal mining identified in an inventory recently completed by the Company’s geological contractors. www.solomonresources.ca (http://www.solomonresources.ca) or contact:Randall S. Rogers M.Sc., P.Geo.President and Chief Executive OfficerPhone (778) 475-5551Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.

TSX Venture Accepts Option to Acquire Rurembo Tin Prospecting Licence, Republic of Rwanda

Mon, 11 Feb 2013 22:47:23 GMT

Vernon, B.C. – Monday, February 4th, 2013. Solomon Resources Limited (SRB: TSX-V) is pleased to report that the TSX Venture Exchange has accepted for filing a property option agreement dated July 12th, 2012 between Solomon and Canadian Metro Airlines Inc., Wicklow Consulting Inc., BEB Investments Inc. and Jens Hansen whereby Solomon has been granted an option to acquire a 100% interest in the Rurembo Prospecting Licence, Republic of Rwanda. The consideration to exercise the option is the issue of 12,000,000 common shares to the optionors: 6,000,000 shares to be issued immediately and the remaining 6,000,000 shares upon the prospecting licence being converted into an exploration or production licence prior to its expiry on February 21, 2014. Solomon is also required to carry out $1,000,000 in exploration on the Property over two years ($500,000 per year) which exploration expenditure commitment terminates upon the prospecting licence being converted into an exploration or production licence. Concurrently with the second issuance of shares, the optionors will also be repaid loans from them to a company holding the property of approximately $200,000. Solomon has filed a Technical Report on the Rurembo Prospecting Licence with the Exchange. The report, co-authored by Project Geologist Terry Coyle, M.Sc., P. Geo. and Solomon’s President and CEO Randy Rogers, M.Sc., P.Geo. was dated December 31st, 2012 and will be posted on the Company’s website at www.solomonresources.ca. Rogers noted: “This is an important step forward in our new focus on tin and coltan mineralization in equatorial Africa. The Rurembo Tin Project presents a highly prospective exploration program for Sn-Ta-Nb (W) mineralization in pegmatite dykes, greisens and quartz veins in an area with a rich history of artisanal mining. While we are very pleased with the results of our preliminary exploration the challenge in this large licence area is to quickly identify priority targets using conventional surface exploration techniques. Should the results of the field program warrant an application for Exploration Licences on selected targets prior to the expiry of the Prospecting Licence in February of 2014 a program of mechanized trenching and drilling may be warranted to further define targets.” Solomon has implemented quality assurance and quality control measures in its exploration programs. Field work is conducted under the direct supervision of a Qualified Person. Data is accurately recorded in the field and all data points are located with respect to known reference points. The exploration process (including planning, mapping, sampling, sample preparation, sample security and analysis or testing) is carefully documented and accompanied by a detailed record setting out the procedures followed and the results obtained. All sampling programs are carried out in a careful and diligent manner using scientifically established sampling practices designed and tested to ensure that the results are representative and reliable. Quality control programs appropriate to the type of sample and the mineralization are implemented, including such measures as external blanks, standards and duplicate samples. The security of samples from sample acquisition to analysis is a vital component of the sampling process. Procedures include the use of secure core logging, sampling, storage and preparation facilities as appropriate and the prompt, secure and direct shipping of samples to the laboratories. Appropriate sample security procedures are employed given the geographic and topographic conditions and the logistics created by the site location. Our exploration procedures are developed to conform to current ‘best practices’ in mineral exploration. Qualified Person: Randy Rogers, M.Sc., P.Geo. 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 Executive Officer of Solomon, has approved this release and verified the data herein disclosed by conducting field examinations of the Rurembo Licence Area, supervision of exploration contractors working in the field and a review of historical reports. 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 tin, niobium and tantalum projects in equatorial Africa. The recent acquisition of an option to acquire a 100% interest in the Rurembo Tin Project in the Republic of Rwanda is the first of a series of property acquisitions and new projects in this underexplored and highly prospective region which Solomon hopes to undertake. Solomon also holds legacy projects in the Yukon Territory, British Columbia and Alaska. Solomon’s business model is that of a Project Generator. To build shareholder value, the Company intends to acquire highly prospective mineral tenures in stable jurisdictions with the objective of adding value through grassroots exploration and target refinement and then seeking option or joint venture partners through to production. For additional information visit Solomon’s website at www.solomonresources.ca or contact: Randall S. Rogers M.Sc., P.Geo.President and Chief Executive OfficerPhone (778) 475-5551 Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.

Solomon Receives Assay Results from Gipfizi Ridge in the Rurembo Tin Project, Republic of Rwanda, Reports Encouraging Tin, Niobium and Tantalum Analyses

Mon, 28 Jan 2013 16:50:16 GMT

Vernon, B.C. – Monday, January 28th, 2013. Solomon Resources Limited (SRB: TSX-V) is pleased to report that it has received assay results from the preliminary geological reconnaissance of the Gipfizi Ridge tin and coltan (niobium-tantalum) target, located 20 kilometers north of the town of Gitarama, Republic of Rwanda.Gipfizi Ridge is one of the five high priority follow-up areas identified in Solomon’s analysis of airborne geophysical data and geological mapping in the Rurembo Prospecting Licence area. This target includes a zone of active artisanal minesites identified in the inventory recently completed by the Company’s geological contractors.The primary targets of the Rurembo Tin Project are Neo-Proterozoic pegmatites mineralized with cassiterite and columbite-tantalite (coltan). At Gipfizi Ridge, the pegmatite dykes occur in a sinuous belt extending 22 kilometers in length and are only exposed at surface at isolated intervals. The vertical extent of the pegmatites is not known as only the uppermost weathered portions have been investigated by artisanal mining.Solomon’s President and CEO Randy Rogers noted: “Gipfizi Ridge is the first and most readily accessible of five regional targets we have identified in the Rurembo Licence area. Our investigation of the artisanal mining pits suggests a tin and coltan provenance in this target and the preliminary mapping and sampling was directed at establishing representative grades to guide our detailed exploration into the spring of 2013. ”Solomon field crews under the supervision of Project Geologist Terry Coyle, M.Sc., P. Geo. obtained representative samples ranging in weight from 0.63 to 3.55 kilograms of highly weathered pegmatite dykes in this area of artisanal mining activity. www.solomonresources.ca (http://www.solomonresources.ca/) or contact:Randall S. Rogers M.Sc., P.Geo.President and Chief Executive OfficerPhone (778) 475-5551Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.

Solomon Targets Tin - Coltan Mineralization at Gipfizi Ridge in Rurembo Tin Project, Republic of Rwanda, Evaluating Placer Potential of Artisanal Mining District

Mon, 21 Jan 2013 16:56:00 GMT

Vernon, B.C. – Monday, January 21st, 2013. Solomon Resources Limited (SRB: TSX-V) is pleased to report that its Rwandan exploration crews have started preliminary exploration of the Gipfizi Ridge tin and coltan (niobium-tantalum) target, located 20 kilometers north of the town of Gitarama, Republic of Rwanda.Gipfizi Ridge is one of the five high priority follow-up areas identified in Solomon’s analysis of airborne geophysical data and geological mapping in the Rurembo Prospecting Licence area. This target includes a zone of active artisanal minesites identified in the inventory recently completed by the Company’s geological contractors.The primary targets of the Rurembo Tin Project are Neo-Proterozoic pegmatites mineralized with cassiterite and columbite-tantalite (coltan). At the regional scale more than 130 large pegmatite dykes have been mapped to date but this mapping reflects only a small portion of the inter-massif area of the Rurembo Licence Area in which a far greater number of unmapped pegmatites are thought to exist. The pegmatites identified to date appear to occupy regional structural breaks sub-parallel to the East Africa Rift, with thickness ranging from several centimeters to 30 meters and lengths ranging from 10 meters up to 2400 meters. The vertical extent of the pegmatites is not known as only the uppermost weathered portions have been investigated by artisanal mining.Solomon’s President and CEO Randy Rogers noted: “Gipfizi Ridge is a particularly attractive exploration target at this stage of our evaluation of the Rurembo Prospecting Licence. We have identified compelling airborne geophysical anomalies encompassing an area of known artisanal tin and coltan production and significant extensions of those anomalies over a sinuous belt extending 22 kilometers in length suggest that the mineralized pegmatites may continue well beyond the limited surface exposures accessible to the artisanal miners.”Solomon field crews have established a field office in the rural area north of Gitarama and hired local labourers to excavate test pits under the direct supervision of geological contractors. Representative samples have been obtained from exposures of pegmatite dykes in this area and bulk samples of alluvial and eluvial material have been concentrated in the field to assess the previously unexplored placer potential of the ground adjacent to the mineralized dykes. Figure 1. Location of Gipfizi Ridge in the Rurembo Prospecting Licence showing First Vertical Derivative of Airborne Magnetic Intensity; note sinuous magnetic anomaly (emphasized in yellow) with cluster of artisanal pits in central portion and unexplored extensions to the northeast and southwest. Figure 2. Rwandan field crew excavating test pits at Gipfizi Ridge. Figure 3. Solomon Field Crews Examine Coltan Concentrate from Gipfizi Ridge Test Pits Rogers observed: “The tin and coltan placer potential of this area has not previously been examined. Our preliminary indications from field concentration of alluvial and eluvial material taken from test pits located some distance downhill from known mineralized pegmatites suggest that heavy minerals such as cassiterite and coltan have been transported and re-deposited some distance from bedrock source. In addition to the conventional exploration potential of the pegmatite dykes themselves there may be a secondary concentration of minerals in adjacent placer zones that bears closer examination.”QA/QC:Solomon has implemented quality assurance and quality control measures in its exploration programs.Field work is conducted under the direct supervision of a Qualified Person. Data is accurately recorded in the field and all data points are located with respect to known reference points. The exploration process (including planning, mapping, sampling, sample preparation, sample security and analysis or testing) is carefully documented and accompanied by a detailed record setting out the procedures followed and the results obtained.All sampling programs are carried out in a careful and diligent manner using scientifically established sampling practices designed and tested to ensure that the results are representative and reliable. Quality control programs appropriate to the type of sample and the mineralization are implemented, including such measures as external blanks, standards and duplicate samples. The security of samples from sample acquisition to analysis is a vital component of the sampling process. Procedures include the use of secure core logging, sampling, storage and preparation facilities as appropriate and the prompt, secure and direct shipping of samples to the laboratories. Appropriate sample security procedures are employed given the geographic and topographic conditions and the logistics created by the site location.Our exploration procedures are developed to conform to current ‘best practices’ in mineral exploration.Qualified Person:Randy Rogers, M.Sc., P.Geo. 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 Executive Officer of Solomon, has approved this release and verified the data herein disclosed by conducting field examinations of the Rurembo Licence Area, supervision of exploration contractors working in the field and a review of historical reports.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 tin, niobium and tantalum projects in equatorial Africa. The recent acquisition, subject to stock exchange approval, of an option to acquire a 100% interest in the Rurembo Tin Project in the Republic of Rwanda is the first of a series of property acquisitions and new projects in this underexplored and highly prospective region which Solomon hopes to undertake. Solomon also holds legacy projects in the Yukon Territory, British Columbia and Alaska.Solomon’s business model is that of a Project Generator. To build shareholder value, the Company intends to acquire highly prospective mineral tenures in stable jurisdictions with the objective of adding value through grassroots exploration and target refinement and then seeking option or joint venture partners through to production.For additional information visit Solomon’s website at www.solomonresources.ca (http://www.solomonresources.ca) or contact:Randall S. Rogers M.Sc., P.Geo.President and Chief Executive OfficerPhone (778) 475-5551Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.

Solomon Conducts Inventory of Artisanal Tin and Coltan Minesites in Rurembo Tin Project, Republic of Rwanda

Mon, 14 Jan 2013 16:36:35 GMT

Vernon, B.C. – Monday, January 14th, 2013. Solomon Resources Limited (SRB: TSX-V) is pleased to report that it has received a preliminary inventory of artisanal tin and coltan (niobium-tantalum) minesites within the Rurembo Prospecting Licence area in the Republic of Rwanda. The survey was completed by contract geologist Claver Mahungiro of Geoscad Ltd. and his associate Celestin Havugimana.The survey of artisanal miners will provide valuable information as to the location of mineralized pegmatite dyke swarms in the project area.Rwanda is still recovering from the genocide of 1994, and the geological database prior to the civil war has largely been destroyed. The Rwandan government has amassed a remarkable set of new geological, geochemical and geophysical data in the past five years with the intent of attracting foreign exploration investment, and Solomon’s Rurembo Prospecting Licence is the first exploration program to benefit from the release of that data.Solomon’s President and CEO Randy Rogers noted: “We have received incredible cooperation from the Government of Rwanda Geology and Mines Authority (OGMR) and Rwanda Development Board (RDB). The Rwandan Ministry of Natural Resources continues to release new data and Solomon is uniquely positioned to assess new exploration targets in this highly prospective and under-explored environment.”The Rurembo Project is a grassroots exploration program for tin (Sn) – tantalum (Ta) – niobium (Nb) and tungsten (W) largely predicated upon the proximity of the former Belgian mine at Gatumba and the projected strike extensions of that geological environment into the Rurembo Licence Area.The primary exploration focus of the Project is Neo-Proterozoic pegmatites mineralized with cassiterite and columbite-tantalite (coltan); in addition to conventional geological, geochemical and geophysical exploration techniques that will be utilized the recently completed inventory of artisanal minesites will provide invaluable evidence of where the mineralized pegmatites outcrop and offer a weathered exposure amenable to primitive artisanal extraction.Mahungiro and Havugimana identified 252 artisanal extraction sites within the licence area. www.solomonresources.ca (http://www.solomonresources.ca) or contact:Randall S. Rogers M.Sc., P.Geo.President and Chief Executive OfficerPhone (778) 475-5551Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.

Solomon Reports on Preliminary Exploration Program Rurembo Tin Project, Republic of Rwanda

Mon, 07 Jan 2013 16:55:56 GMT

Vernon, B.C. – Monday, January 7th, 2013. Solomon Resources Limited (SRB: TSX-V) is pleased to report on its preliminary exploration of the Rurembo Tin Project in the Republic of Rwanda. The Rurembo licence area includes highly prospective pegmatite swarms immediately adjacent to the former Belgian-owned cassiterite-columbite-tantalite mine at Gatumba and unexplored strike extensions of that metallogenic district to the north.Solomon executed an Option Agreement effective July 12th, 2012 with the principals of Speck Minerals Ltd.,a Rwandan corporation, to acquire (subject to regulatory approval) a 100% interest in the Rurembo licence. The licence permits prospecting for wolframite, cassiterite and coltan within a concession covering 110,984 hectares located in western Rwanda. Figure 1. Location Map: Rurembo Project Background:The Government of Rwanda Geology and Mines Authority (OGMR) contracted Toronto based consultant Paterson, Grant and Watson Limited to carry out an interpretation of existing geological, geochemical and geophysical data in 2009. The PGW report included 12 detailed mapsheets at 1:100,000 scale and identified 21 Prospective Target Areas (PTA’s) that were ranked for tin (Sn), tungsten-niobium-tantalum (W-Nb-Ta) and/or gold (Au) and base metal mineralization. Speck Minerals Ltd. applied for and was granted a Prospecting Licence for two of these PTA’s. The Rurembo Licence, which Solomon has optioned from Speck, covers an area of approximately 1000 square kilometers in northwestern Rwanda immediately north of and on strike with the historic tin producer at Gatumba.The owner of a Prospecting Licence may apply to convert any portion or multiple portions of that licence to an Exploration Licence at any time prior to expiry, but there is no certainty that the conversion will be allowed. Conversion to an Exploration Licence is subject to submitting a satisfactory report on the work done on the precursor Prospecting Licence, demonstrating the technical and financial capability of the applicant, an environmental impact study and local government approval. Any Exploration Licences that ensue are valid for four years and renewable for a final four year term and permit drilling and trenching and limited bulk sampling. Location and Physiography:The Rurembo Prospecting Licence is situated in the northwestern portion of Rwanda and extends from the city of Gitarama (population 83,000) in the south to the city of Ruhengeri (population 87,000) in the north. Limited commercial services and accommodation are available in both Gitarama and Ruhengeri, and most supplies and services in support of exploration may be sourced from the city of Kigali (population 909,000.)The Rurembo licence area is dissected by the Nyabarongo River (the upper reaches of the White Nile) which drains the highlands south and west of the licence area and flows through the central portion of the licence area towards Kigali and Lake Victoria. Elevation ranges from 1400 meters in the major river valleys to 2384 meters in the rugged uplands west of the Nyabarongo and south of Kijina to 2255 meters in the highlands west of Gatumba. The licence area is accessible by paved two lane highway from Kigali. The southern portion near Gatumba is approximately 1.5 hour drive from Kigali and the northern portion near Ruhengeri is approximately 2.0 hour drive from Kigali. There are good quality paved highways flanking the permit area to the east and west, and a paved artery follows the Nyarabongo and Mukungwa Rivers running north-south in the central portion of the area. Dirt roads run off these main corridors at irregular intervals, passable in the dry season with four wheel drive vehicles and with caution in the wet season. Many of the bridges on these secondary roads have been out since the genocide, and Solomon may have to erect temporary crossings in some areas.The climate of Rwanda is temperate, with two rainy seasons (March to May and October to November.) The high altitude of Rwanda provides the country with a pleasant tropical highland climate, with a mean daily temperature variation of less than 2° C. Temperatures vary considerably from region to region because of the variations in altitude. At Kigali, on the central plateau, the average temperature is 21° C. The exploration season in the licence area extends throughout the year. There are no climatic restrictions on the conduct of field exploration.Power is available from the Rwandan national grid throughout the licence area, and the Nayarabongo and Mukungwa Rivers transect the licence area from north to south and provide an ample supply of water for industrial purposes. Figure 2. Physiographic Setting and Borders of the Rurembo Licence Area 2012 Preliminary Exploration Program:The Rurembo Project is a grassroots exploration for Sn-Ta-Nb (W), largely predicated upon the proximity of the former Belgian mine at Gatumba now privately operated as the Gatumba Mining Concession and the projected strike extensions of that geological environment into the Rurembo Licence Area.There are artisanal miners active within the Rurembo Licence Area; these are believed to be largely illegal and rudimentary cassiterite-coltan extraction operations directed at the weathered exposure of pegmatite dykes and no production records are available.Exploration in the Rurembo Licence area will be directed at pegmatites variably mineralized with columbite-tantalite and/or cassiterite. At the type locality in the adjacent Gatumba Concession, beryl, ambygonite, spodumene, apatite and lithium-phosphates are the most prevalent accessory minerals. At the regional scale more than 130 large pegmatites have been mapped to date, but this encompasses only a small portion of the inter-massif area of the Rurembo licence area in which a far greater number of pegmatites are thought to exist.The pegmatites of Gatumba, dated at 968 Ma, occur in four parallel networks between the granites, with each individual network traceable up to 5 kilometers in extent. Thickness can vary from several centimeters to 30 meters, and lengths of tens of meters up to 2400 meters. The vertical extent of the pegmatites is not known as only the uppermost weathered portions have been investigated by artisanal mining.In the present exploration program, regional geochemical indicators include Sn, lithium (Li), beryllium (Be), Ta, Nb, W and molybdenum (Mo). The pegmatite dykes may report on airborne spectrometry as there is a known thorium provenance in the Gatumba pegmatites, and airborne gravity should help differentiate the less dense pegmatites from the surrounding diorites and metasediments. Analysis of aerial photography and satellite imagery should focus on identifying dilationary zones where the north-south trending pegmatites are cross cut by regional structures.Solomon field crews mobilized to the Republic of Rwanda on August 2nd, 2012. The Company has leased a field office and expat residence in the capital city of Kigali and hired a Country Manager and support staff. Figure 3. Nayarabongo River and Paved Highway in the Rurembo Licence Area Solomon’s Project Geologist, Terry Coyle, M.Sc., P.Geo. supervised the preliminary field program which included geological orientation, establishing logistical support, field visits to the type locality at Gatumba, preliminary inventory of artisanal minesites and documenting access and infrastructure in the project area.Solomon has contracted retired OGMR geologist Claver Mahungiro of Geoscad Ltd. and his associate Celestin Havugimana to conduct an inventory of the artisanal miners in the Rurembo Licence Area. It is expected that Mahungiro will report on both legal and illegal artisanal miners within the licence area to aid further exploration decisions.Solomon has hired on a casual basis geologist Jean de la Paix Ngizimana, the former exploration geologist for the Gatumba Mining Concession, to facilitate the inspection of the type locality at Gatumba by Solomon field crews and assist with preliminary reconnaissance in the Rurembo Licence Area.Geophysicist Kit Campbell of Intrepid Geophysics Ltd. of North Vancouver, B.C. has initiated analysis of historical airborne geophysics and conducted preliminary lineament interpretation from a detailed orthophotographic base that Solomon acquired from OGMR.The preliminary exploration program was directed at establishing a solid foundation for conventional regional and property scale mineral exploration beginning early in the spring of 2013.Exploration to date has been confined to ground-truthing the government topographic and geological database as significant errors with reported UTM coordinates of topographic and geological features were encountered early in the program. Access has proven difficult with many of the secondary and tertiary roads mislocated in governmental mapping, and in many cases bridges and river crossings that existed prior to the genocide were found to be absent in the field.A field office has been established in the rural area 20 kilometers north of Gitarama and Solomon field crews have begun the task of documenting the active and dormant artisanal mine sites in the project area. This has proven to be a time-consuming task as government records of artisanal activity are virtually non-existent and the dataset has to be constructed from scratch.Solomon’s President and CEO Randy Rogers observed: “The Rurembo Tin Project presents a very prospective exploration program for Sn-Ta-Nb (W) mineralization in pegmatite dykes, griesens and quartz veins within Meso-Proterozoic granitic massifs and associated rocks. The current exploration challenge in this large licence area is to quickly identify priority targets using conventional surface exploration techniques; should the results of the current field program warrant an application for Exploration Licences on selected targets prior to the expiry of the Prospecting Licence in February of 2014 a program of mechanized trenching and drilling would likely be warranted to further define targets. It should be stressed that there is no certainty of conversion, and the current licence does not convey title to any mineral resource which may be contained in the licence area.”QA/QC:Solomon has implemented quality assurance and quality control measures in its exploration programs. All field and data analysis 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.Qualified Person:Randy Rogers, M.Sc., P.Geo. 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 Executive Officer of Solomon, has verified the data disclosed herein by conducting a field examination of the Rurembo Licence Area, supervision of exploration contractors working in the field and a review of historical reports and has approved the written disclosure contained in this news release.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 tin, niobium and tantalum projects in equatorial Africa. The recent acquisition of the Rurembo Tin Project in the Republic of Rwanda is the first of a planned series of property acquisitions and new projects in this underexplored and highly prospective region. Solomon also holds legacy projects in the Yukon Territory, British Columbia and Alaska.Solomon’s business model is that of a Project Generator. To build shareholder value, the Company intends to acquire highly prospective mineral tenures in stable jurisdictions with the objective of adding value through grassroots exploration and target refinement and then seeking option or joint venture partners through to production.For additional information visit Solomon’s website at www.solomonresources.ca or contact:Randall S. Rogers M.Sc., P.Geo.President and Chief Executive OfficerPhone (778) 475-5551Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.

Dr. David Stone Joins Board of Directors

Mon, 19 Nov 2012 16:13:50 GMT

Vernon, B.C. – Monday, November 19th, 2012. Solomon Resources Limited (SRB: TSX-V) is very pleased to announce that Dr. David Stone M.B.A., P.Eng. has joined the Board of Directors of the Company.Dr. Stone has in excess of thirty years of engineering and financial consulting experience to underground and surface metal mines worldwide. He has managed and led multidisciplinary project teams through pre-feasibility and feasibility level evaluations of development-stage projects, and has contributed to the engineering, design and construction of several mines. His expertise includes scoping and feasibility studies for open pit and underground projects, and an extensive international knowledge of current mining best practices, environmental permitting, mine planning and production scheduling, capital and operating costs, equipment selection, and financial analyses.His international experience includes extended assignments in South Africa: Bushveld (PGE’s), Witwatersrand (Gold), Zimbabwe (Great Dike PGE’s) as well as West Africa (Gold) and other locations around the world including Ghana, Papua New Guinea, Australia, Argentina, Guatemala, Peru, Venezuela, Uruguay, Kazakhstan, Uzbekistan, the U.S.A. and Canada’s Yukon Territory.He received his B.A.Sc. in Geological Engineering from the University of British Columbia and went on to complete a Ph.D. in civil engineering at Queen's University in Kingston where he also returned to complete an M.B.A. He is a licensed professional engineer in numerous Canadian and United States jurisdictions. Dr. Stone sits on a number of Boards of TSX Venture Exchange listed companies.Solomon’s President and CEO Randy Rogers notes: “Dave is an excellent addition to our board as we advance our Rurembo Tin Project in Rwanda and search for other opportunities in equatorial Africa. His mining expertise and his technical skills will add tremendous value as we advance our projects in equatorial Africa.”Solomon also reports that Ron Netolitzky has resigned from the Board of Directors.Rogers observed: “Ron has offered many selfless years of sound exploration advice to the Company and was instrumental in bringing the Rurembo Tin Project to our attention. We thank him for his years of service.”About Solomon Resources Ltd.:Solomon Resources Ltd. is a Canadian public company focused on the acquisition, exploration and Development of tin, niobium and tantalum projects in equatorial Africa. The recent acquisition of the Rurembo Tin Project in the Republic of Rwanda is the first of a planned series of property acquisitions and new projects in this underexplored and highly prospective region. Solomon also holds legacy projects in the Yukon Territory, British Columbia and Alaska.Solomon’s business model is that of a Project Generator. To build shareholder value, the Company intends to acquire highly prospective mineral tenures in stable jurisdictions with the objective of adding value through grassroots exploration and target refinement and then seeking option or joint venture partners through to production.For additional information visit Solomon’s website at www.solomonresources.ca (http://www.solomonresources.ca) or contact:Randall S. Rogers M.Sc., P.Geo.President and Chief Executive OfficerPhone (866) 831-6666 Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.