Solomon Resources, is pleased to advise further to its news release of March 21, 2014, it has received TSX Venture Exchange approval on the option to acquire from Helio Resource up to a 60% interest in Helio’s Damara Gold Project (DGP) in Namibia in two stages. Consideration for the option includes the aggregate issuance of 15,000,000 common shares [...]
Solomon Resources, is pleased to announce the appointment of William Lindqvist as a Director of the Company. Dr. Lindqvist possesses more than thirty-five years of international exploration experience, and has participated in gold discoveries across a broad spectrum of geologic terrains. Dr. Lindqvist is presently a director of Luna Gold Corp [...]
Helio Resource and Solomon Resources are pleased to report the companies have entered into a Letter of Intent, whereby Solomon can earn up to a 60% interest in Helio's Damara Gold and Tin Project in Namibia. Subject to TSX Venture Exchange approval, the principal terms of the two-stage agreement are as follows: Stage 1 (to earn a 51% interest)