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Solomon Gold plc: Excellent Gold, Molybdenum and Copper assay results from the Fauro Project

Tuesday, September 14th, 2010

Solomon Gold (AIM Code: SOLG), exploring for gold and copper in Solomon Islands and Australia, is pleased to announce the assay results from initial surface sampling on its 100% owned Fauro Island Project in the Solomon Islands. Management believes the Fauro Project has the potential to host a world class gold deposit with geological similarities to Lihir.
· First 58 of 215 samples indicate significant gold mineralisation similar in style to Lihir Island in PNG, and porphyry gold – molybdenum – copper targets.
· Ballyorlo prospect yields up to 0.43% molybdenum.
· Up to 173g/t gold from the Meriguna prospect.
· Hornbill gold prospect defined over a 300m by 400m zone.
· Further 157 sample results due shortly.
· Third exploration program due to commence late September 2010.
· Drilling at Fauro planned for late 2010.
Commenting on the recent results from Fauro, Nicholas Mather, Solomon Gold Chief Executive, said: “The Company is pleased to report that the first set of assay results (58 surface samples) have been received, primarily from the Ballyorlo, Kiovakase, Hornbill, Meriguna and Ballteara prospects. These results are the first 25% of samples from the second exploration campaign completed in late August 2010. The best of the assay results are: Meriguna 173g/t gold and Hornbill 139g/t gold. Other significant results ranged from 11.4glt gold to 69.4g/t gold and up to 0.2% copper in the Meriguna, Hornbill and Kiovakase prospects. These exciting assay results from Fauro continue to show the potential for a large gold deposit similar in style to Lihir Island in PNG.

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