TORONTO, ONTARIO--(Marketwire - Aug. 29, 2012) - Solid Gold Resources Corp. ("Solid Gold") (TSX VENTURE:SLD) reports that the January 3, 2012 court order obtained by Wahgoshig First Nation (WFN) has expired and we have called on Ontario to declare that it has met its duty to consult the Wahgoshig people.

"The Company has recently conducted reconnaissance on the property and is now mobilized to further drill-test the regional geology," stated Darryl Stretch, president of the Company.

We note that while the Company was restricted from operating in the area, the WFN used information obtained from Solid Gold during the consultation process to stake mineral claims over an area approximately 6 km long and 500 meters wide, bordering the Solid Gold Property. (Map:

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.

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.

Contact Information:

Solid Gold Resources Corp.
(604) 638-4960