SOLID GOLD TO COMMENCE TRADING ON THE TSX VENTURE EXCHANGE

SLD: TSX Venture Exchange

TORONTO, Oct. 22 /CNW/ - Solid Gold Resources Corp. ("Solid Gold") is pleased to announce that subsequent to the closing of its initial public offering (previously announced on October 19, 2010), the common shares of Solid Gold will commence trading on the TSX Venture Exchange on Tuesday, October 26, 2010 under the symbol SLD.

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]