NEWS RELEASE Solomon Announces New Chief Executive Officer and Changes to the Board of Directors June 12th, 2009 Trading Symbol: TSX-V.SRB Armstrong, BC – Friday, June 12th, 2009. Solomon Resources Limited (SRB: TSX-V) reports that Chairman and Chief Executive Officer Larry Nagy has tendered his resignation as a member of the Board and as an Officer of the Company effective June 9th, 2009 to pursue other interests. Larry will no longer be involved in the day-to-day management of the Company but has been named to the newly formed Technical Advisory Board where the Company will be able to draw on his many years of experience and considerable exploration success. Solomon also reports that Dr. David Ransom has resigned from the Board of Directors effective June 9th, 2009. Dave was an integral part of the company?s operations in Australia, and will remain for the interim a director of Solomon Resources Australia while the Company winds up its operations in Australia. The Company thanks Mr. Nagy and Mr. Ransom for their many years of service and wishes them well in their future endeavours. President and Chief Operating Officer Randy Rogers has been named President and Chief Executive Officer of the company and Dr. William Lindqvist has been named Chairman of the Board. The Board of Directors now comprises: Dr. William Lindqvist, Ron Netolitzky and Randy Rogers. Solomon has proposed a consolidation of outstanding common shares to facilitate the financing required for its new mineral exploration projects (News Release dated April 27th, 2009.). The consolidation is proposed to be done on the basis of 10 old shares for one new share and approval will be sought at a special meeting of shareholders on June 23rd, 2009. The proposed consolidation will also be subject to TSX Venture Exchange approval. President and CEO Randy Rogers notes: "There is a Chinese proverb that captures the spirit of these tumultuous times: „crisis is opportunity riding a dangerous wind.? It is a much different world for junior resource issuers than that which we faced at this time last year: investors are cautious, share prices are at record lows and institutional funds are very tightly held. There is tremendous opportunity for a company that is willing to streamline operations and position itself for the inevitable recovery." 2

"Exploration carries enough risk without the burden of additional country or political risk, and accordingly we are repatriating a great proportion of our exploration expenditures. Mongolia remains a democracy in transition and the challenges to obtaining secure tenure and permitting are a significant obstacle to junior exploration companies. We are actively seeking a joint venture partner for our Mongolian tenures, and pursuing resolution to ongoing tenure disputes in the Mongolian courts." "While we divest ourselves of non-core properties and restructure our management team, we will be focussing our efforts in the near term on gold projects in Western Canada. We have this week mobilized a field crew on to our Bonanza-Sitka Gold Project in British Columbia and are in the final stages of negotiation for another British Columbia gold project." "The only viable solution to the crippling dilution of project financing in the current climate is to reduce the number of shares outstanding, maintain shareholder value by acquiring quality projects at reasonable terms, ensure sound fiscal management and mitigate exposure to risk at all levels." 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 quality mineral properties world wide. Solomon is managed by a proven team of exploration geologists involved with the discovery and/or development of a number of significant deposits in the world, including the Snip, Eskay Creek, and Brewery Creek deposits in Canada; the Segala gold deposit in Mali; the Chimney Creek, Mule Canyon, Ruby Hill, Mesquite, and Ortiz gold deposits in the United States, the Gosowong deposit in Indonesia and the Cadia East deposit in Australia. Solomon is currently engaged in the exploration of gold projects in British Columbia and uranium projects in Mongolia. Solomon intends to capitalise on low entry cost opportunities that become available as a result of the current world economic uncertainty and is actively seeking early to late stage gold projects in both Canada and other low to medium risk jurisdictions. As the world economy recovers Solomon will also consider other suitable precious and base metal opportunities.

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

Randall S. Rogers, President and Chief Executive Officer