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

Sola Resource Corp.

September 23, 2009 08:00 ET

Sola Resource Corp.: Dash Gold Property Drill Results and Corporate Resignations

CALGARY, ALBERTA--(Marketwire - Sept. 23, 2009) - Sola Resource Corp. (the "Company") (TSX VENTURE:SL) (PINK SHEETS:SORSF) wishes to announce recent exploration- and drill- results from its Dash gold property in B.C. This property is optioned from Fundamental Resource Corporation (FRC) which will retain a 2% NSR and if the option is completed Sola will have earned a 100% ownership position. Sola would also like to announce that on the basis of the preliminary results of its preliminary 2009 program, it has increased the land position around the original Dash property, in conjunction with FRC, from 3561 hectares to 5809 hectares to cover new prospective targets for further exploration.

The Dash gold prospect is located 105 kilometres northwest of Lillooet, British Columbia, at the headwaters of Dash and Relay Creeks. The Property is underlain by Lower Cretaceous Taylor Creek Group pyroclastic lithologies. These rocks are intruded by Early-Late Cretaceous and/or younger granodiorite and feldspar porphyry with associated carbonate-sericite-quartz-pyrite alteration zones. These zones of carbonatization , silicification, brecciation and banded chalcedony with colloform textures occur associated with gold-bearing minerals. Mineralization consists mostly of pyrite, with lesser amounts pyrrhotite, chalcopyrite, molybdenite, chalcocite, arsenopyrite, bornite, and stibnite. In 1987-88, Esso Resources Canada conducted a detailed evaluation of the "A" anomaly ('A' grid) that included geological mapping, soil sampling, and IP geophysics. Five zones of gold enrichment were identified, namely: 1) the Spine zone, 2)the Road zone, 3) the 25 m zone, 4) the 75 m zone and 5) the 65 m zone.

The Spine, Road and 25 m Zones are aligned along a north-northwest trend, and are located 150-300 metres to the west the 75 m Zone and 65 m Zones. Gold-bearing mineralization occurs in north- and northwes-trending parallel zones. The potential for larger concentrations of gold present in the 'A' grid located in the west portion of the Dash property were demonstrated by the following table highlighting significant drill hole intercepts from 1982, & 1987-88:



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Drill Hole (location) Type Width Au g/t
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DDH R82-1 (65 m Zone) Diamond drill hole 1.50 m 10.30
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DDH R82-4 (65 m Zone) Diamond drill hole 2.50 m 3.30
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1988RC-13 (Spine Zone) Reverse Circulation 7.50 m 2.90
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1988RC-13 (Spine Zone) Reverse Circulation 9.00 m 2.00
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RYC-88-001 (Spine Zone) Diamond drill hole 5.60 m 1.46
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RYC-88-006 (75 m Zone) Diamond drill hole 2.73 m 2.24
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RYC-88-008 (75 m Zone) Diamond drill hole 4.77 m 1.95
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RYC-88-008 (75 m Zone) Diamond drill hole 1.30 m 5.90
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Field relationships suggest that pyrite and/or pyrrhotite were present during the emplacement of the North Relay Porphyry. Thermal and chemical reactions with the wall-rocks produced induration and large haloes of disseminated pyrite/ pyrrhotite and weak argillic alteration (partial decomposition of feldspars to allunite, dickite, and kaolinite), during the emplacement of the intrusive complex during the Middle to Late Cretaceous (80-105 Ma). Movement along the Relay Creek and Yalakom Fault systems may have occurred at this time, but a second geological event took place during the Eocene, 40-44 Ma, that produced brecciated and banded, epithermal quartz-carbonate zones. The activation of deep-seated major faults opened conduits for hydrothermal fluids. The North Relay gold-bearing intrusive complex features common to low sulphidation epithermal mineralization, i.e. pervasive replacement of the rock by silicate minerals (quartz-chalcedony-adularia and minor sericite-illite-kaolinite and blanket-like carbonate alteration combined with high sulphidation components found in the upper part of a telescoped porphyry, such as advanced argillic (i.e. abundant secondary clay with quartz-pyrite).



The following table lists results of recent (2009) drilling on the Dash Gold
Project Spine Zone (please note that the true width of intercepts is not
known):

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Drill Hole # From (m) To (m) Width (m) g/t Au g/t Ag % Zn
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09DDH-1 54 74 20 0.1 0.2 0.32
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09DDH-1 85 92 7 0.2 0.4 0.17
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09DDH-1 123 127 4 0.7 0.4 0.29
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09DDH-1 Includes 126 127 1 1.7 1.3 0.01
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09DDH-1 140 141 1 2.0 0.4 0.01
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09DDH-1 146 158 12 0.3 1.9 0.31
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09DDH-1 170 176 6 0.4 0.6 0.26
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09DDH-1 Includes 174 176 2 1.1 0.8 0.11
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09DDH-1 192 194 2 0.9 0.6 0.83
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09DDH-2 24 30 6 1.4 0.2 0.03
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09DDH-2 Includes 28 30 2 3.3 0.2 0.07
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The following table lists significant gold values from 2009 outcrop rock
chip samples:

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Sample # Zone Name Width (m) g/t Au g/t Ag % Zn
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Dash09AR-13 65 m Sub-crop grab 1.6 14.4 0.09
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Dash09AR-15 65 m Sub-crop grab 2.8 1.7 0.01
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Dash09AR-24 75 m 2.8 1.1 1.9 0.06
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Dash09AR-26 75 m 0.4 1.9 4.4 0.01
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Dash09AR-27 75 m 0.3 10.2 47.9 0.07
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The following table lists significant gold values from 2009 soil sampling
which was located 1-2.8 km east of the Spine, 75 m, 65 m and Road Zones:

Northing Station
Location UTM NAD 83 Anomaly
Zone relative to Easting Line (from-to Width ppb ppm
Name Main Zone UTM NAD 83 in meters) (m) Au Zn
----------------------------------------------------------------------------
XYZ 1.0 km ESE 503600 5670750-900 200 343 403
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XYZ 1.1 km ESE 503700 5670900- 150 625 627
5671000
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XYZ 1.2 km ESE 503800 5671050-100 100 286 171
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XYZ 1.3 km ESE 503900 5670900- 200 277 180
5671050
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XYZ 1.4 km ESE 504000 5670850-900 100 315 183
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XYZ 1.5 km ESE 504100 5670650 50 360 112
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Red Bluff 2.3 km ESE 504900 5670400 50 320 142
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Red Bluff 2.4 km ESE 505000 5670200 50 540 156
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Red Bluff 2.5 km ESE 505100 5669950- 250 297 372
5670150
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Red Bluff 2.6 km ESE 505200 5670050-150 150 515 356
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Red Bluff 2.7 km ESE 505300 5670400 50 705 237
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Red Bluff 2.8 km ESE 505400 5670200-300 150 257 174
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Management anticipates follow-up geological interpretation and fieldwork on the numerous gold targets outlined in the 2009 program on the Dash Gold Project.

The 2009 data was compiled by Andris Kikauka, P.Geo, a Qualified Person as defined by NI 43-101.

Corporate Resignations

The Company also wishes to announce, with regret, the resignation of Dr. Roger Morton, as President and a director of the Company due to ill health. The position of President will remain vacant until a replacement can be found and appointed by the Board. It is, also with regret, that Mr. Jody Dahrouge has resigned as a director of the Company.

We seek safe harbor.

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

William Pfaffenberger, Chief Executive Officer

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

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