SLD

Solid Gold Resources Corp. ("Solid Gold") (TSX VENTURE:SLD) announced today that
on the motion and request of Ontario, the Divisional Court declined to hear
Solid Gold's appeal against the injunction granted to the Wahgoshig First Nation
in January 2012. Solid Gold obtained leave to appeal from Mr. Justice
Wilton-Siegal who seriously doubted the correctness of the injunction decision.
Wahgoshig First Nation was willing to proceed with the appeal.


At Ontario's urging, the Divisional Court found that the appeal was "moot" due
to the new legislative regime under the Mining Act. The amendments requiring
exploration plans and permits become mandatory on April 1, 2013.


Solid Gold has commenced an action against the Ontario government claiming
damages of $100 million. The claim is based on the damages suffered by Solid
Gold including lost opportunity costs arising from the Crown's negligent
misrepresentations and other misconduct related to Solid Gold's Legacy Project.


Business of Solid Gold Resources Corp.

Solid Gold is a junior mining exploration and development company, which
controls a +/-200- square-kilometer 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Solid Gold Resources Corp.
Alan Myers
(905) 731-2303
myers@ican.net

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