Kutcho Copper CorpTSXV: KC

Solana Resources Limited - Non-Executive Appointment & Managerial Change of Chief Financial Officer

· Issued by Kutcho Copper Corp via CNW
CALGARY, July 31 /CNW/ - Solana Resources Limited (TSX-V: SOR; AIM:
SORL), the Colombia focused independent oil and gas exploration and production
company, is pleased to announce the appointments of Keith Jackson as
Non-Executive Director and Ricardo Montes Gomez as acting Chief Financial
Officer.
Based in the UK, Francis Keith John Jackson, aged 57, is an experienced
finance executive with significant Board level experience. From 1999 to 2005
he was a Divisional Finance Director for Anglo American plc, responsible for
the financial and compliance reporting of Anglo Industrial Minerals,
comprising the Tarmac Group and Copebras, a Brazilian fertiliser company.
Prior to joining Anglo American, Mr. Jackson worked for Cape plc and Charter
plc, as Finance Director and Group Controller respectively. He is currently a
Non-Executive Director of Chamberlin & Hill plc, a FTSE listed foundry and
engineering group, and Chairman of Tynda Forest Holdings Ltd, a privately held
timber company with assets in Russia and China.
Ricardo Montes Gomez has been appointed as acting Chief Financial
Officer, subject to final Board approval. Ricardo Montes Gomez has extensive
sector and regional experience having worked in executive financial and
commercial roles for Shell in Colombia, Venezuela and most recently with Shell
Exploration and Production Co. in Houston. He has also managed auditing and
consulting services for oil and gas companies in the South American region for
Ernst & Young and Arthur Andersen.
Ricardo Montes Gomez will be based with the CEO in Bogota (Colombia), and
will divide his time between Bogota and the corporate headquarters in Calgary.
He replaces Scott Hamilton who has left Solana to pursue other challenges.
Stephen Newton, Solana's President and CEO, commented:
"We are very pleased to welcome Keith to the Solana Board. His extensive
senior level experience with international listed companies will undoubtedly
prove extremely useful to Solana as it continues its growth.
"I would also like to take this opportunity to thank Scott Hamilton for
all his hard work and offer him the best of luck in his future endeavours.
With his huge range of sector and regional experience I am sure that Ricardo
Montes Gomez will also make a significant contribution to the Company."
In accordance with Schedule Two, paragraph (g) of the AIM Rules, Mr Keith
Jackson's current directorships are as follows:

Anglo Industrial Minerals Trustee Ltd
Markfield (Pension Trustees) Limited
Tarmac DC Pension Trustee Limited
Tarmac Pensions Limited
Telford City Technology College Trust Limited
Aridos Arganda S.L.
Aylesford Newsprint Pension Plan
Chamberlin & Hill plc
Mondi Minorco Paper SA
Thomas Telford School Online Limited
Tynda Forest Holdings Limited
Walsall City Academy Trust

In accordance with Schedule Two, paragraph (g) of the AIM Rules, Mr Keith
Jackson's previous directorships in the last five years are as follows:

Anglo Industrial Minerals Holdings Ltd
Anglo Industrial Minerals Ltd
Ball Mill Sand and Gravel Company Limited
Birmingham Sand & Gravel Limited
Brierley Hill Truck Mixed Concrete Limited
Dorking Lime Company Limited
Hawthorn Aggregates Limited
Hoskins & Horton Limited
Lime-Sand Mortar (Southern) Limited
Limelite Lightweight Plasters Limited
Longford Industrial Holdings Limited
Man-Abell Quarries Limited
Matlock Asphalte & Bitumen Company Limited
McDonald and Stewart Limited
Mortar-Mix (South Wales) Limited
Nash Rocks Limited
Northern Roadworks Limited
Old Radnor Trading Company Limited
Tarmac Central Limited
Tarmac Concrete Products Limited
Tarmac Group Limited
Tarmac Holdings Limited
Tarmac Investments (International) Limited
Tarmac Limited
Tarmac Northern Limited
Tarmac Roadstone Holdings Limited
Tarmac Southern Limited
Tarmac Western Limited
The Brockham Lime and Hearthstone Company Limited
The Diamond Tread Company (1938) Limited
The Oxted Greystone Lime Company Limited
Tilcon (1997) Limited
Tilcon Building Services Limited
Tilcon Gregory Limited
Tilcon Holdings Limited
Tilcon Lime Limited
Tilcon Macadam Limited
Tilcon Scotland Limited
Tilcon Services Limited
Tilcon Silica Sands Limited
Tilcon Trupak Limited
Tilling Construction Services Limited
Trumix Concrete Limited
Val De Travers Asphalte Limited
Wilnecote Brick Company Limited
Cleveland Potash Limited
Tarmac Finance (Jersey) Limited

There is nothing further to disclose in relation to the appointment of Mr
Keith Jackson under Schedule Two, paragraph (g) of the AIM Rules.

The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.