Slide 1: Hyp pies
a 76 Hyp pies dig? Wy, He yy Ly
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Slide 3: Pro rata distribution of Solomon Gold shares
Pro rata distribution of 10.5m Solgod ie — = ablished id opera base Removed market overhangs Identified extensiv Nickel belt and potential leach proje t " Apurernba proc. 3 st _ — $47m NPV @U oer Mo ‘Ralsed 2 2 25m @1 Bees October 2005
Slide 4: October 2005
October 2005
Slide 5: Geochemistry and Magnetics
Compl ee Geochemistry and Magn etics SK mii Ng si gy AGUILAR NY We cow! nN Ai 4) Over Grayscale TM! Magnetics with regional contoured Gold BLEG drainage geochemistry 7 WW
Slide 6: Principal prospects showing geology and regional structures
Hh ees PRINCIPAL PROSPECTS showing GEOLOGY AND REGIONAL STRUCTURES October 2005
Slide 7: Prioritised drill targets in the D'Aguilar Block
‘Prioritised drill targets in the D’ Aguilar . Block : . : ee . _ Contact zones” | _ : - West Coast, Drenes, Erins, Blarney, Tewoo _ Epithermal gold : Oxidised TN _Porphyries - Reduced _ Porphyries ‘Sediment Hosted - October 2005
Slide 8: Sawpit – A new porphyry contact style gold discovery
Sawpit — A new porphyry contact style gold discovery e Mt SAWPIT BLEG SOILS: Au ZONES {ppb} SAWPIT MAGNETICS WITH SOIL GEOCHEMISTRY ZONATION October 2005
Slide 9: Trenches at Sawpit revealed broad zones of disseminated gold
DIAGULLAR LEGEND HbI/ plag porphyry va TRENCH SAMPLE Diorite / granodiorite / Kspar porphyry sane gt ae , aa Andesite / rhyolite } -Zn-Ag BZ Mafic; uitramafics. ( occ serpentinitic) TRENCH SAMPLE. Silistone, tuff, sandstene 416m @ 07 git Au incl. 5m @ 4.1 git Au, EER Ferriginous veins and 10m @ 3.7
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Slide 11: North West of Kilkivan porphyry and epithermal mineralisation
Lowe heare Mescartes S) South Barnett Mine @ uy ih oles Arnegued cane : ote a ABeton, | WW j (A a & C cooibva (Bostinercen | oe ett) i eran Smuistone:, Valcones: NORTH WEST OF KILKIVAN PORPHYRY AND EPITHERMAL MINERALISATION October 2005
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Slide 13: White Rocks mesothermal sheeted veins
a ? "White Rocks mesothermal sheeted veins — _maximum ee | “assays to date 0.72 g/t Au, 0.6% Cu, 0.5% Mo, 8 git Ag: | ae m @1. 3 git gold i in channel sre _ (ae
Slide 14: Manumbar – similar to classic epithermal gold veins in Australia
__ MANUMBAR - SIMILAR TO CLASSIC __ _ EPITHERMAL GOLD VEINS IN AUSTRALIA. "Manumbar Vein 498 000 oz — north lode. _ extension 6m q ar Au on Vein - >t Mi oz ~ o first 7 _ holes were dead Vera Neney Vein - 3. 5 M. we : OZ blind and | |. undiscovered 4 years - October 2005 _
Slide 15: Manumbar cross section
SOUTH WEST. NORTHEAST =“ 500m EASTERN 480m OPEN PIT 460m i ___ To Manumbar Homestead chalcedony bx chalcedony bx 4 thick bedded So 440m 500m : ; y {porphyritic) clastics : 20m 22, 2lasties~--Barambah < va Os Creek es | October 2005
Slide 16: Structurally disrupted zone
structurally disrupted “ zone \ STRUCTURAL INTERSECTIONS: ~ THICK VEGETATION RHYOLITE pole) AREAS TO THE NORTHEAST. i) ARE NOT WELL KNOWN fine chalcedonic stringers. AREAS OF STRONG. October 2005
Slide 17: Way
Te Ly Way iL October 2005 GaN
Slide 18: Weathered serpentinite nickel geology and geochemistry
of Weathered Serpentinite rock 74% Ni recovery from 4.2% Ni head grade riage >| Mine historical grade in dipping lode hand picked to 6% Co, 1.5% Ni GEOLOGY ‘Quetemery Alluviam tertiary Voleanics [2] Biack Snake Porphyry Mount Cobalt prospect 4960's and 1990's grids with ), —‘Niin serpentinite to 1.6
Slide 19: Altered serpentinites
“Altered Serpentinites Retunupto16% nickel at Mt Cobalt _ po ee ty | Potential for 50 Mt 0.05% Ny
Slide 20: Solomon Gold Limited £5 million IPO
“Solomon Gold Limited 2 632, 000 seed feed £5 million IPO for November see Williams de Broé Nomad and Broker toi issue ie - -£1,750,000 commitedto IPO at50p st” - Sutakiki access in place — no exploration for past 20 years © «235M program. n planned over rnext 18 ~ months _ Strong Govt m suppor fo e
Slide 21: Legend: deposits and plate boundary
LEGEND: @ deposits 1-3 Moz @ deposits 3Moz + 7 plate boundary @® Tertiory volcanics & B
Slide 22: Stratovolcanic Centres
Stratovolcanic Centres Transform Fault Mbetitonga: Caldera widespread fish ‘grade scopper shallow water 2" UMS -porphyry target - | a Gold Rid SPL 19} MBETILONGA | pS ore @ ‘ 2Moz gold potential j —_ “~<Suta Valley ae dlawatand ge - Crupukema "idge extensions. of Gold Ridge "i kum Vel ley: ZU 3¢y si
Slide 23: High copper geochemistry supports historic observations
High copper geochemistry supports historic observations Gold targets still to be investigated [ef The antra ace of Ua 0 PLOLOGICAL SKETEHS Mage on se A BASIN AREA Ween comeing Large blocks of & ~ 88 Rah jr [Bleck of | Se : faseatigh, a2 Bikaied goed MS Oe geod oN & P ¥ pnakstone Fors Taf Torgaroiu a
Slide 24: Active and Early Drilling in the Solomons
Active and Early Drilling in the Solomons Mbetilonga mapping sampling Koloula El trenching Ci drilling Sutakiki Jun 05 ec 05 Jun 06 Nov- Dec 05 Listing NB Exploration activities will be subject to the updating of existing access and compensation agreements October 2005
Slide 25: Anduramta Porphyry Molybdenum – Project Summary
‘Anduramta Porphyry Molybdenum — Project Summary . . Located 100km WNW. of Brisbane . a Discovered by CRA eo and resource defined by BHP (1981- “oo) Scoping study complete Inferred resource of 20.8 Mt @0. 076 6 %Mo . Waste: Ore ratio estimated at 0. 9: i . + Pit design modelled . - NPV $47m @ $15 US
Slide 26: metamorphics® | a F : Wad Tilaweke
metamorphics® | a 7 F : Wad Tilaweke : » ; H 2 Gioiivs Head Srrilen. Loffitarcety historical bverticall fdriliholes) aint Brisbane 4 oad oar October 2005
Slide 27: Next six months
Next six cmonths GOLD - COPPER ~ ing priorities at Le Man umbar and White Ro o 000 metres oe a _ * nickel ae and sulphide targ : MOLYBDENUM ~ . _ + Continue conditional Molybdenum marketing agreements _ October 2005
Slide 28: October 2005
October 2005 _