Solomon Terminates Barros Luco Property Option in Chile
Solomon Resources Limited (Solomon) reports that it is terminating its option of the Barros Luco and Rey Salomon claims that form part of its Annie Project in Region III in Chile. This follows on Solomon being informed by its partner, Peregrine Diamonds Ltd. (Peregrine), a private Vancouver, BC company that Peregrine is terminating its option of the entire Annie Project from Solomon. Solomon continues to hold the Santa Candelaria and Annie properties.
Solomon Resources Limited (Solomon) reports that it is terminating its option
of the Barros Luco and Rey Salomon claims that form part of its Annie Project in
Region III in Chile. This follows on Solomon being informed by its partner,
Peregrine Diamonds Ltd. (Peregrine), a private Vancouver, BC company that
Peregrine is terminating its option of the entire Annie Project from
Solomon.
Solomon continues to hold the Santa Candelaria and Annie
properties. Peregrine drilled three reverse circulation holes on the Barros Luco
claims. Visual inspection of the cuttings showed that low to absent magnetite
and pyrite mineralization and zones of albite-epidoteamphibole were encountered,
but no significant copper mineralization.
Drilling was designed to test a
variety of chargeability highs and lows associated with magnetic anomalies on
lines UTM 6938400N and 6936800N.
The TSX Venture Exchange does not accept
responsibility for the adequacy or accuracy of this release.
On Behalf of
the Board of Directors of
SOLOMON RESOURCES LIMITED
“Ron Netolitzky”,
Director
Contact Information:
Larry Nagy, CEO:
Phone:
604-669-6656
Fax: 604-684-9877
Email: e-mail protected from spam
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Trading Symbol: TSX-Ven.SRB
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Source : http://www.prweb.com/releases/2005/6/prweb252633.htm