Sola Resource Corp.
TSX VENTURE : SL
PINK SHEETS : SOLAF

Sola Resource Corp.

October 17, 2007 20:48 ET

Sola Completes Exercise of Carolina Diamond Deposit

CALGARY, ALBERTA--(Marketwire - Oct. 17, 2007) - Sola Resource Corp. (the "Company") (TSX VENTURE:SL)(PINK SHEETS:SOLAF) is pleased to announce that it has completed the exercise of its option on the claims containing the diamondiferous Carolina Kimberlite.

The Company has earned its 80% interest in the property by accelerating its final payment that was due November 23rd of this year. In doing so, the Company has met all of its obligations and tenure is being transferred to Sola's Brazilian joint-venture subsidiary.

Drilling continues on both the Carolina diamond pipe and on the recent discovery of kimberlite in the region around the Carolina.

Prof. Roger D. Morton B.Sc., Ph.D., P.Geol. (Alta), a qualified person for the purpose of National Instrument 43-101, has reviewed and verified the contents of this news release.

We seek safe harbor.

ON BEHALF OF THE BOARD OF DIRECTORS OF SOLA RESOURCE CORP.

Thomas Kovacs, President

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

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