NEWS RELEASE

Solomon Completes First Phase of Ten Mile Creek Gold Project

Diamond Drilling to Commence by August 30

, 2010

, 2010 Trading Symbol: TSX-V.SRB

Armstrong, B.C., Thursday August 19

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.

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.