SOLID GOLD EXTENDS WARRANT EXPIRATION DATES AND ENTERS INTO CONSULTING
AGREEMENTS

TORONTO, Nov. 30 /CNW/ - Solid Gold Resources Corp. ("Solid Gold") (SLD:TSXV) announced today that it has obtained approval from the TSX Venture Exchange to extend the expiry dates of the common share purchase warrants exercisable at $0.30 per share issued by Solid Gold in its June 19, 2008 private placement financing. Accordingly, the December 19, 2010 expiry date of the 459,886 warrants outstanding is extended to December 19, 2011. Each warrant entitles the holder to purchase one common share ("Common Share") in the capital of Solid Gold. The exercise price of these warrants remains unchanged at $0.30. Including the warrants mentioned above, Solid Gold currently has warrants outstanding exercisable for 7,495,069 Common Shares.

Additionally, Solid Gold has entered into two six month consulting agreements wherein Solid Gold will be provided with financial advisory services. As partial consideration for the services to be provided by the consultants, Solid Gold has agreed to pay the consultants an aggregate of $10,000 per month payable by the issuance by Solid Gold to the consultants of non-transferable warrants exercisable for Common Shares at an exercise price equal to the market price of the Common Shares at the time of issuance. The warrants will be issued monthly and will expire five years after the date of each issuance.

Business of Solid Gold Resources Corp.

Solid Gold is a junior mining exploration and development company which controls a +/-200-square kilometre prospect hosting potential for discovery of economic mineralization at Lake Abitibi near the Porcupine Fault zone in Northern Ontario.

The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Although Solid Gold believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, Solid Gold disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information:

Richard Cohen
Vice-President (Corporate Development)
Solid Gold Resources Corp.
Tel: [phone]
Email: [email protected]