Box 938, Vernon, B.C., Canada
Box 938, Vernon, B.C., Canada Phone (778) 475-5551 or (866) 831-6666; Fax (778) 475-5541 Web Site: www.solomonresources.ca
NEWS RELEASE Dr. David Stone Joins Board of Directors
November 19th, 2012 Trading Symbol: TSX-V.SRB
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 or contact:
Randall S. Rogers M.Sc., P.Geo.
President and Chief Executive Officer Phone (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.
-30-