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02/04/2012

Solomon Gold CEO expects news on a new discovery in the next couple of months

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Additional Information
Market: AIM
Sector: General Mining - Gold
EPIC: SOLG
Latest Price: 4.63p  (2.89% Ascending)
52-week High: 24.63p
52-week Low: 4.38p
Market Cap: 14.55M
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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. 

 

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Solomon Gold names Malcolm Norris CEO and MD, Maher remains exec director for 1 year

4th Oct 2011, 7:59 am by Andre Lamberti The appointment of Malcolm Norris as new CEO and MD will take effect on October 31 2011, and outgoing CEO Nicholas Mather will remain as an executive director for at least the next 12 months

Solomon Gold PLC (LON:SOLG) is appointing Malcolm Stewart Norris as chief executive officer and managing director, as the current CEO Nicholas Mather has decided to retire from management responsibility due to other commitments and considering that the company is entering a new stage in its development.

The appointment will take effect on October 31 2011, and Mather will remain as an executive director of the company for at least the next 12 months.

Norris recently led the team which discovered the Tujuh Bukit copper gold porphyry project in Indonesia for Intrepid Mines Ltd (ASX:IAU).  

He also has exploration and management experience with WMC Resources Ltd, Indophil Resources Ltd and Emperor Mines Ltd.

Solomon Gold continues to focus on its epithermal gold discovery, the Rannes project in Central Queensland, where the inferred mineral resource was recently increased to 675,779 ounces of gold equivalent, the Fauro Island copper gold porphyry project in western Solomon Islands, and the Guadalcanal joint venture with Newmont Mining Corp (TSE:NMC, NYSE:NEM)  on Guadalcanal, Solomon Islands.  

In addition, the company is exploring the Mt Perry and Normandy projects in Queensland. A resource of 2 million ounces is targeted for the Rannes project and the company intends to continue to develop as an integrated gold explorer, developer and miner.

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