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Additional Information
Market:AIM
Sector:Gold Mining
EPIC:SOLG
Latest Price: 4.88  (-2.50% Descending)
52-week High:24.13
52-week Low:4.75
Market Cap:15.32M
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SolGold Full SolGold profile here

Solomon Gold was listed on the London Stock Exchange (AIM code : SOLG) on 10 February 2006.

Solomon Gold is headed up by experienced and committed mining industry professionals with demonstratable track records of mineral discovery and providing valuable shareholder return. The Board of Directors include accomplished professionals with experience in exploration, mine development, investment, finance and law. The Board and Management have significant vested interests in the Company, holding approximately 17.5% of its issued share capital. The Company currently has 284,623,489 shares in issue.

 

Solomon Gold has Exploration tenements in Queensland, Australia and the Solomon Islands. 

 

Pdf

Solomon Gold high grade gold and silver hits continue in Queensland

Wednesday, July 20, 2011
Solomon Gold high grade gold and silver hits continue in Queensland

Solomon Gold (LON: SOLG) has discovered further encouraging high grade gold and silver results from deeper drilling on the Kauffmans-Homestead Prospect in Queensland.

The latest highlights included 20 metres at 8.44 grams per tonne (g/t) gold and 12.1g/t silver from 88 metres.

Within this intersection were some bonanza grade hits, such as 4 metres at 37.8g/t gold and 27.1g/t silver, and 2 metres at 60.4g/t gold and 35.9g/t silver.

Importantly for Solomon is that Kauffmans-Homestead remains open at depth below the existing drilled intersections and estimated Inferred Resource.

The current drilling campaign is targeted to expand the current 247,000 gold resource at the prospect by drill testing underneath and along strike from higher grade intersections encountered at depth.

The gold target at Kauffmans-Homestead is 550,000 ounces, which forms part of the two million ounce target for the total Central Rannes Area.

 

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