NEWS RELEASE

Solomon Completes First Phase of Ten Mile Creek Gold Project

Diamond Drilling to Commence by August 30

th

, 2010

August 19

th

, 2010 Trading Symbol: TSX-V.SRB

Armstrong, B.C., Thursday August 19

th, 2010. Solomon Resources Limited (SRB: TSX-V)

is pleased to announce that the first phase of the 2010 field exploration program on the Ten Mile Creek Gold Project which comprised soil geochemical surveys, geophysical surveys and mechanical trenching has been completed. Diamond drilling is planned for the second phase of the 2010 program.

The Ten Mile Creek Gold Project is located within the Dawson Range of Canada‟s Yukon Territory approximately thirty kilometers north-northwest of the White Gold Property of Kinross Gold Corp. and sixty kilometers north of the Coffee Gold Project of Kaminak Gold Corp. Solomon has acquired an option from Radius Gold Inc. (TSX-V.RDU) to earn a 51% interest in the Ten Mile Creek Gold Project as previously reported.

The Ten Mile Creek Gold Property was originally staked by Teck Resources Limited in 1998 during which time Teck also staked the area now covered by the White Gold Property (formerly held by Underworld Resources Ltd.) Teck explored the Ten Mile Creek Property from 1998 to 2000 with geological mapping, soil and rock sampling and limited trenching and identified five diamond drill targets. Teck changed global exploration priorities in 2001 and the property has never been drilled.

The primary target for the 2010 exploration season was the Jual Vein System, characterized by numerous northwesterly trending, flat to moderately dipping quartz veins, stockworks and fault zones with gold values ranging from 8 to 16 grams per tonne (g/t) gold. Strong northwest-trending gold-in-soil geochemical anomalies with values up to 670 parts per billion gold cover an area measuring 1.4 kilometers by 0.6 kilometers. Historical trenching of peripheral and lower-order gold-in-soil anomalies yielded results of 1.6 g/t gold over 25 meters (including 11.1 g/t gold over three meters) and 1.0 g/t gold over 19 meters (including 8.5 g/t over 1.5 meters).

The objective of Solomon‟s 2010 field exploration program was to verify the results reported by former operators and refine diamond drill targets.

A contract has been negotiated for diamond drilling on selected targets within the property, and drilling is expected to commence within the next two weeks. 2

Solomon‟s President and CEO Randy Rogers has just returned from a due diligence inspection of the Ten Mile Creek Gold Project and reports: "Our 2010 field program has not only confirmed the very compelling anomalies upon which Teck Resources had contemplated a diamond drill program, but identified previously unknown strongly anomalous targets that warrant rigorous follow-up. It is readily apparent that surface geochemical and geophysical surveys in concert with mechanized trenching have refined the identification and priorization of diamond drill targets, and that it was prudent for Solomon to continue surface exploration of this property before committing to a drill program."

Exploration by Teck in the late 1990‟s discovered anomalous zones of gold and arsenic in soils which were thought to be associated with a series of Cretaceous granitic intrusions located on the Ten Mile property. With the recent exploration interest in the White Gold area and the ongoing search for possible bedrock sources of historical Klondike placer gold deposits, the Solomon program was directed at re-evaluation of the historical mineralized zones on the property in the light of new geological, structural and mineralogical information gained from exploration at other projects in White Gold Camp.

Mapping by Solomon field crews in the current program has determined that the project area is underlain predominantly by Devonian to Mississippian orthogneiss and schist, with a younger Cretaceous aged intrusion underlying a significant portion of the southernmost Ten Mile claims. At least three phases of structural deformation exist, with predominantly NNW, NNE and E-W faulting. Later stage dykes cross cut the property in a northerly direction. Mapping of the area proved difficult due to a paucity of outcrop, and geochemical soil sampling and ground geophysical surveys were largely employed to identify anomalous zones, as well as mechanized trenching to expose subsurface material for sampling and assay. Geochemical soil samples were collected by Solomon field crews as well as Groundtruth Exploration (a subsidiary of Ryanwood Exploration) crews from the adjoining Dime Property of Stina Resources Ltd. 3

On Solomon‟s Ten Mile Creek Gold Property 2,400 soil samples have been collected to date this season. Twelve mechanized trenches have been excavated: eleven on the northernmost JV claims and one on the southernmost Ten Mile claims. A total of 1100 meters of trenching have been sampled and sent for assay.

Preliminary Results.

The soil sampling program to date has discovered an extensive anomalous zone in the northern part of the Ten Mile Claims, with values up to 697 parts per billion (ppb) gold. Trenching in this area conducted by Ryanwood Exploration with a heli-portable Can-Dig backhoe exposed east-west striking quartz veins with pronounced alteration halos in Trench TM-10-01. Results from this trench are still pending. The anomalous zone extends in a east-west direction for approximately 1.6 kilometers. This zone has now been in-filled with geochemical soil sampling at 25 meter intervals and analytical results are pending. Further to the south another anomalous gold in soil geochemical zone has been discovered which requires further exploration, and further east a further anomalous zone has been indicated. This latter zone is associated with visible quartz veins hosted within the intrusion, and warrants further investigation.

On the JV claims a pronounced linear gold in soil geochemical anomaly has been exposed in the northern part of the claim group, and trenching with a Kubota tracked excavator has exposed complex thrust faulting and strike-slip faulting within schists and gneiss. Sampling of the trenches returned many anomalous results, the best being 1.5 g/t gold over 2.0 meters in Trench JV-10-07. Limonite staining and a visible fault plane striking in an east-west direction are associated with this mineralization. In Trench JV-10-01, a zone of 0.45 g/t gold over 12.0 meters was returned within a zone of intense silicification and stockworking. Trench JV-10-04 returned 0.26 g/t gold over 10.0 meters and in Trench JV 10-10, a value of 0.36 g/t gold over 10 m was returned. All the trenches had anomalous gold values and mineralization consistently appeared to be structurally controlled. 4

In the southern portion of the JV claims a large silicified shear zone approximately 35 meters wide is evident displaying evidence of strike slip movement in a NNW direction and associated Reidel Shearing. Sampling has been carried out across this zone, and results are pending.

Out of the 1,333 assay results received to date on the Ten Mile and JV claims, 87 have returned greater than 40 ppb Au, with the largest result being 697 ppb. Arsenic values correlate well with the observed gold values, with a highest value of 969 ppm Arsenic (As) being recorded.

As soil geochemical analyses and trench assays continue to be received Solomon field crews will continue to compile property data, but at this stage of the program we have sufficient anomalous data to warrant a diamond drill program on the more compelling anomalies.

Solomon has contracted Kluane Drilling Ltd. to commence diamond drilling on selected targets within the next two weeks. Shared mobilization with Stina Resources‟ planned drill campaign on the adjoining Dime property will reduce mobilization and overhead costs for both operators.

Rogers noted: "The Ten Mile Creek Gold Project is readily accessible by roll-on/roll-off barge from the Yukon River, and our exploration camp at the junction of Ten Mile Creek and the Sixty Mile River has been supported this season by fixed wing aircraft based out of Dawson City utilizing a gravel airstrip. A second airstrip is located further south on the claim group, and the project area is readily traversed by the gravel roads and tote trails that are a legacy of the rich placer gold mining history of the Ten Mile Creek Camp."

QA/QC:

Solomon has implemented quality assurance and quality control measures in its exploration programs, including the following:

 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 „est practices‟in mineral exploration.

 Analytical work for this project has been conducted by Acme Analytical Laboratories (Vancouver) Ltd., a certified analytical laboratory.

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

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 Executive 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. He has also reviewed the data disclosed herein from records of previous owners and operators of the Ten Mile Creek Gold Project.

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. 5

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.

For additional information visit Solomon‟ website at www.solomonresources.ca or contact:

Randall S. Rogers, President and Chief Executive Officer

Phone: 250-546-4772

Tollfree: 1-866-831-6666

Email: rrogers@solomonresources.ca

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

- 30 -

Petromin welcomes Xinjiang development initiative

2010-05-27 10:02 ET - News Release

Dr. A Ross Gorrell reports

PETROMIN CEO COMMENTS IN RESPONSE TO THE FAVORABLE NEW ECONOMIC POLICY ANNOUNCED BY THE CENTRAL GOVERNMENT OF CHINA

Petromin Resources Ltd.'s chief executive officer has commented in response to the favourable new economic policy announced by the central government of China.

"I was pleased to see the recent announcement regarding the huge economic development initiative in Xinjiang Uygur Autonomous Region (Xinjiang) of China. Through our significant investment in TerraWest Energy Corp., PTR is one of the few foreign energy players in the Junggar Basin of Xinjiang. PTR welcomes the economic initiative announced by the Chinese central government on May 21st and it is my personal view that the proposed increases in infrastructure construction and other steps to accelerate economic development, including energy resource development, will achieve positive results for the region," said Dr. Gorrell, chief executive officer and co-chairman of Petromin Resources Ltd.

Dr. Gorrell was commenting following the issuance of policy statements relating to Xinjiang by the president of China at a working conference held in Beijing last week. The specific regional focus of the economic policy is considered unprecedented in China.

Dr. Gorrell went on to say: "TWE is advancing an important unconventional natural gas project in Xinjiang. Various commentators within China, including Xinjiang University of Finance and Economics, see the new initiative to be positive in support of development, and I have noted that Chinese equity markets immediately reflected support for Xinjiang-based corporations and projects which I interpret to be a positive reception of the new policy. I also see the new initiative as acknowledging the great resource potential of the region. Chinese policy already provides substantial support for coalbed methane development, and looking ahead I would expect to see new coalbed methane projects announced for Xinjiang."

The central government of China announced the new economic development policy following a three-day top-level working conference on Xinjiang economic development held May 17 to19 in Beijing. The meeting was attended by both the president and premier of China and various top ministerial officials. Recent market news reported by Bloomberg and other financial sources indicate energy and chemical industry corporations listed on the Shanghai Stock Exchange (SSE) and based in or with projects in Xinjiang rose sharply on the basis of the announcement of the economic development initiative and China's plans to spend 50-billion yuan ($7.3-billion U.S.) to expedite coal, power and pipeline construction in the region.

TerraWest Energy Corp. holds a 47 per cent interest in a coalbed methane production sharing contract covering 653 square kilometres (255 sqare miles; 163,200 acres) located adjacent to Urumqi, the capital city of Xinjiang. The PSC was executed in December, 2005, with China United Coalbed Methane Corp., Ltd. (53 per cent) and is currently administered by PetroChina Coalbed Methane Co. Ltd.

Solomon Resources closes first tranche for $717,750

2010-04-26 10:03 ET - News Release

Mr. Randy Rogers reports

SOLOMON CLOSES FIRST TRANCHE OF UNIT AND `FLOW-THROUGH' UNIT PRIVATE PLACEMENT

Solomon Resources Ltd. has closed the first tranche of its private placement by issuing 479,000 units at 25 cents per unit for proceeds of $119,750 and 2,135,711 flow-through units at 28 cents per unit for proceeds of $598,000. The MineralFields Group of Toronto, Ont., purchased $500,000 of the flow-through units.

"We are very pleased to be renewing our relationship with the MineralFields Group," said president and chief executive officer Randy Rogers. "They have proven to be a reliable source of equity capital in the recent evolution of the company. These financings are an important milestone in Solomon's growth and we look forward to working with the MineralFields Group and the other investors as we develop our British Columbia and Yukon territory gold projects."

Each unit consisted of one common share and one transferable share purchase warrant to purchase a further (non-flow-through) common share for 40 cents for a period of two years. The expiry date of the warrants is subject to acceleration if the average closing price of the common shares equals or exceeds 50 cents for 20 consecutive days after the four-month restricted resale period.

Finders' fees of 8 per cent were paid on funds raised from investors introduced by finders. The finders were also issued non-transferable warrants to purchase that number of (non-flow-through) units equal to 8 per cent of the number of units from investors introduced by them. The finder warrants are exercisable for two years at 28 cents per unit (25 cents per unit for the non-flow-through units) in the first year and 30 cents per unit in the second.

All shares issued and issuable on exercise of warrants will be subject to resale restrictions until Aug. 15, 2010, for the ordinary units and Aug. 24, 2010, for the flow-through units.

The proceeds of this placement will be used to finance the exploration and development of Solomon's British Columbia and Yukon properties, general corporate overheads, and the company's continuing efforts to locate more advanced exploration and development projects.

Petromin prepares to start CO2 injection at Shanxi

2010-04-21 10:27 ET - News Release

Mr. A. Ross Gorrell reports

COMPANY MOVES FORWARD ON ENHANCED HYDROCARBON RECOVERY - CO(2) INJECTION PROCESS UNDERWAY AT ECBM PILOT PROJECT

The process leading to injection of carbon dioxide (CO2) into the target coal seams at the site of Petromin Resources Ltd.'s deep unminable coal CO2 sequestration and enhanced coalbed methane (ECBM) production project in Shanxi, the People's Republic of China, is scheduled to start this week.

Additionally, on March 10, 2010, the company, China United Coalbed Methane Corp. Ltd. (CUCBM) and Enviro Energy International Holdings Ltd. entered into a supplemental agreement that formally expanded the pilot test area to over 1,152 acres (five square kilometres) and extended the term of their joint venture from five years to 5.5 years.

The CO2 injection process, which begins with establishing the CO2 inventory at site, well monitoring and a short well workover, is under way and follows a period of shut in, which was initiated during the week of March 22, 2010. The well produced water and coalbed methane for several weeks leading up to the shut in.

The company and Enviro Energy contribute financing and specialized services to the project as well as training to the Chinese party. A company representative attended the well operations during the fist quarter to assist start-up procedures, evaluate equipment and set up monitoring procedures.

The project, operated by CUCBM, is located in the Shizhuang North area of Qinshui basin of Shanxi province, which is one of the most prolific CBM-producing areas in China. The expanded project area provides sufficient land area to test the CO2 storage capacity of coal seams, as well as the effectiveness of CO2 as a driver of ECBM production, and the extended term provides sufficient time to complete planned activities.

The CO2 injection is the first ever such activity in China to be undertaken under leadership of state-owned and private enterprises while being assisted by support and funding from the Chinese and Canadian governments. As announced by the company in Stockwatch on Dec. 7, 2009, the project has received matching funding support from the Canadian government under the auspices of the Asia Pacific Partnership on Clean Development and Climate (APP), a seven-country co-operative effort to encourage clean energy developments in the region. The APP includes Canada, China, Australia, United States, India, Japan and Korea, and the funding support clearly reflects the international significance of the project. As an international collaboration that includes the company from Canada, Enviro Energy from Hong Kong and CUCBM from China, the project fully reflects the co-operative principles of the APP.

The project has taken on added significance following the announcement by the central government of China that the country will make notable reductions in greenhouse gas emissions, including CO2, in the foreseeable future. The Chinese government proposes, by 2020, to reduce carbon intensity -- or the amount of CO2 emitted per unit of economic output -- by 40 to 45 per cent compared with 2005 levels. CO2 sequestration and storage in coal seams is expected to be an important element of Chinese and global emission reduction plans, and coalbed methane production is being encouraged in many regions across China.

The board considers the company's investment in the project to be a corporate initiative of strategic importance. Enhanced hydrocarbon production including the utilization of CO2 and unconventional natural gas form important elements of the group's business planning looking ahead.

Solomon Resources boosts financing to $750,000

2010-03-31 15:06 ET - News Release

Mr. Randy Rogers reports

SOLOMON ANNOUNCES $ 1,250,000 FLOW THRU FINANCING AND PRIVATE PLACEMENT INCREASED TO $ 750,000

Solomon Resources Ltd. has increased the size of its unit private placement announced in Stockwatch on Jan. 27, 2010, to three million units (previously two million) at 25 cents per unit for proceeds of $750,000 (previously $500,000).

It also plans to issue 4,464,286 flow-through units at 28 cents per unit for proceeds of $1.25-million.

Each unit will consist of one common share and one transferable share purchase warrant to purchase a further (non-flow-through) common share for 40 cents, for a period of two years. The expiry date of the warrants is subject to acceleration if the average closing price of the common shares equals or exceeds 50 cents for 20 consecutive days after the expiry of the four-month restricted resale period.

Finders' fees of 8 per cent (previously 7 per cent) will be paid on funds raised from investors introduced by finders. Solomon now proposes to also issue warrants to eligible finders to purchase that number of (non-flow-through) units equal to 8 per cent of the number of units from investors introduced by the finders. The finder warrants will be exercisable for a period of two years, at 28 cents per unit (25 cents per unit for the non-flow-through placement) in the first year and for 30 cents per unit in the second year.

The financing is subject to regulatory approval. The proceeds of this placement will be used to finance the exploration and development of Solomon's properties, in British Columbia and the Yukon, general corporate overheads, and its continuing efforts to locate more advanced exploration and development projects.