Operations update

Solomon Gold PLC
12 December 2006


12 December 2006


               Solomon Gold plc ('Solomon Gold' or the 'Company')

            Second drill rig contracted at Sutakiki, Solomon Islands


Highlights:

• A second drill rig has been contracted to Solomon Gold for the Sutakiki
  copper gold porphyry exploration program.

• The first hole at Sutakiki has reached a depth of 400 metres having first 
  entered quartz - sulphide veining from 90 metres depth. Planned depth is 
  600 metres.

• Ongoing mapping and sampling programs at Sutakiki reveal extensions to
  mineralisation. Samples up to 150 g/t gold average 46.6 g/t in vein outcrops.

The directors of Solomon Gold are pleased to announce that a contract for a
second diamond coring rig at the recently discovered 100% owned Sutakiki gold
project has been signed. Boart Longyear is contracted to provide 5000 metres of
drilling services. Boart Longyear is one of the most experienced drilling
contractors in the world for campaigns in remote locations and rugged tropical
and wet terrains. The board believes that Boart Longyear's experience in New
Zealand, Papua New Guinea, Fiji and Tasmania will provide a basis for the
drilling to proceed at a faster rate than that currently experienced at
Sutakiki.

Solomon Gold recently discovered the Sutakiki porphyry and overprinted
epithermal gold zone. This is situated upstream of highly anomalous stream
sediment sampling data collected by Newmont in 1988. Mapping and sampling by
Solomon Gold has outlined a zone of epithermal gold mineralisation in vein
swarms, up to 1500 metres long and 500 metres wide. Sampling in the discovery
zone July and August 2006 returned assays up to 1090 g/t gold and 3.29% copper
and averaging 7.5 g/t gold and 0.41% copper over a 100 metres wide and 150
metres long zone.

The first drill hole at Sutakiki (SK 001) is being drilled under the discovery
outcrop and entered a zone of prospective quartz veining and mineralisation at a
depth of 90 metres. Mineralisation is still being encountered at a depth of 400
metres. The true width of the mineralised zone in the drill hole is yet to be
calculated but is envisaged to be less than the apparent width in the drill
hole. The drill hole is planned to test the zone over a down hole depth of 600
metres or more subject to drilling conditions and depth capability of the rig.

The second rig is expected to commence work early next year and initial results
from the dual rig program may be expected towards the end of the first quarter
in 2007.

Additional mapping and sampling in the area has extended the mineralised zone
650 metres to the east and confirms the integrity and tenor of mineralisation in
the broadly defined 1500 metres long zone. Six samples taken from narrow veins
outcropping sporadically over a 60 metres width in a creek on the south side of
the Sutakiki River returned grades ranging from 2.96 g/t to 150g/t gold,
averaging 46.6 g/t gold. Poor outcrop generally hampers surface definition of
the mineralised zone at Sutakiki, however, management is encouraged by the
consistency of the mineralisation where outcrop is evident.

The Sutakiki project is located in the centre of the main Island of Guadalcanal.
The project is 25 km south east of the capital Honiara and 12 km south south
west of Australian Solomon Gold Pty Ltd's Gold Ridge deposit (2 million oz
gold). Photographs of the core from drill hole SK001 at Sutakiki and a map
showing the location of the samples reported may be viewed on the website:
www.solomongold.com.au

At Mbetilonga, 15 km south of the capital Honiara, the Company is conducting a
comprehensive review of the data before conducting further drilling programs.
The Mbetilonga area has continued to deliver strong surface mapping and sampling
copper zinc and gold anomalies which have not yet been backed up by drill data.

Commencement of sampling at Kuma has been delayed, pending official grant of the
tenement.


Qualified Person

Information in this report relating to the exploration results is based on data
reviewed by Mr Nicholas Mather (B.Sc Hons Geol.), the Chief Executive Officer of
the Company. Mr Mather is a Fellow of the Australasian Institute of Mining and
Metallurgy who has in excess of 25 years experience in mineral exploration and
is a Qualified Person under the AIM Rules. Mr Mather consents to the inclusion
of the information in the form and context in which it appears.


For further information:

Solomon Gold                          [phone]
Nicholas Mather, CEO
Duncan Cornish, Company Secretary

Conduit PR                            [phone] / + 44(0)7739 461 061
Abigail Singleton



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