Solid Intersects Near Surface High Grade Mineralization at Doade-Presqueiras Rare Metals Project, Spain

VANCOUVER, Aug. 31, 2011 /CNW/ --
Results include: 5.7m averaging - 205 ppm Tantalum and 1,216 ppm Tin

TSXV:  SRW


OTCQX:  SLDRF  


FRANKFURT:  YRS

VANCOUVER, Aug. 31, 2011 /CNW/ - Solid Resources Ltd. ('SOLID' or the
'Company') (TSX-V: SRW) (OTCQX: SLDRF) (Frankfurt: YRS) is pleased to
provide assay results from an additional 10 holes drilled as part of
the 2011 drill program that is currently underway at the Company's 100%
owned Doade-Presqueiras rare metals project in North-western Spain, 25
km east of the port city of Pontevedra.

'I am encouraged by the continued positive grade results for all metals
in the extensions of Coto Tocayo and Acebedo.', commented Greg Pendura,
CEO and President. 'These results, combined with the near surface
intersections of the mineralized pegmatite dykes, demonstrate the
significance of the southern regions of the property.'

Drill holes SO-11-19, SO-11-20, SO-11-21, SO-11-22 and SO-11-23
correspond to two areas of the southern extension of the deposit
(respectively called Coto Tocayo and Acebedo) with favourable and
consistent results for all metals. In both areas three of the high
grade mineralised dykes are almost at surface level. At Acebedo, the
core from drill hole SO-11-23 has a 12.8m-wide intersection commencing
16.7m down-hole and at Coto Tocayo drill hole SO-11-19 has a 1.45m-wide
intersection commencing only 3m down-hole, while hole SO-11-20 has a
5.7m-wide intersection commencing 9.3 m down-hole.

 _____________________________________________________________________
|  DRILL | FROM |   TO |LENGTH| Sn  |Ta(2)O(5)|Nb(2)O(5)|Li(2)O| Rb  |
|   HOLE | (m)  |  (m) | (m)  |(ppm)|  (ppm)  |  (ppm)  | (%)  |(ppm)|
|________|______|______|______|_____|_________|_________|______|_____|
|SO-11-14|77.85 |87.00 | 9.15 | 614 |     83  |     70  | 0.78 | 759 |
|________|______|______|______|_____|_________|_________|______|_____|
|        |124.55|126.70| 2.15 | 205 |     91  |     66  | 0.12 | 763 |
|________|______|______|______|_____|_________|_________|______|_____|
|        |145.55|153.25|  7.7 | 189 |     34  |     48  | 1.04 | 539 |
|________|______|______|______|_____|_________|_________|______|_____|
|        |      |      |      |     |         |         |      |     |
|________|______|______|______|_____|_________|_________|______|_____|
|SO-11-15|46.90 |50.95 | 4.05 | 803 |     91  |     91  | 0,09 | 617 |
|________|______|______|______|_____|_________|_________|______|_____|
|        |57.10 |67.10 |   10 | 560 |     73  |     64  | 1.49 | 841 |
|________|______|______|______|_____|_________|_________|______|_____|
|        |104.85|107.50| 2.65 | 315 |    113  |     75  | 0.50 | 581 |
|________|______|______|______|_____|_________|_________|______|_____|
|        |109.30|113.15| 3.85 | 309 |     39  |     56  | 0.40 | 751 |
|________|______|______|______|_____|_________|_________|______|_____|
|        |      |      |      |     |         |         |      |     |
|________|______|______|______|_____|_________|_________|______|_____|
|SO-11-16|78.50 |79.50 |   1  | 125 |     36  |     42  | 0.01 | 245 |
|________|______|______|______|_____|_________|_________|______|_____|
|        |91.65 |92.75 |  1.1 |  85 |     73  |     82  | 0,02 | 278 |
|________|______|______|______|_____|_________|_________|______|_____|
|        |97.90 |98.65 | 0.75 |  93 |    109  |    130  | 0.01 | 229 |
|________|______|______|______|_____|_________|_________|______|_____|
|        |      |      |      |     |         |         |      |      |
|________|______|______|______|_____|_________|_________|______|______|
|SO-11-17|19.80 |23.60 | 3.80 | 568 |    204  |    104  |0.084 | 1018 |
|________|______|______|______|_____|_________|_________|______|______|
|        |51.15 |51.65 |  0.5 | 145 |    109  |     95  |0.007 |  294 |
|________|______|______|______|_____|_________|_________|______|______|
|        |52.00 |52.50 |  0.5 | 196 |    134  |    117  |0.018 |  388 |
|________|______|______|______|_____|_________|_________|______|______|
|        |      |      |      |     |         |         |      |      |
|________|______|______|______|_____|_________|_________|______|______|
|SO-11-18|45.35 |51.35 |   6  | 532 |     89  |     72  |  0.1 |  885 |
|________|______|______|______|_____|_________|_________|______|______|
|        |      |      |      |     |         |         |      |      |
|________|______|______|______|_____|_________|_________|______|______|
|SO-11-19| 3.00 | 4.45 | 1.45 |1325 |    231  |    134  |0.018 |  426 |
|________|______|______|______|_____|_________|_________|______|______|
|        |66.30 |74.90 |  8.6 | 934 |    173  |    122  | 0.79 | 1061 |
|________|______|______|______|_____|_________|_________|______|______|
|        |92.65 |95.85 | 3.20 | 644 |    158  |    104  | 0.26 |  634 |
|________|______|______|______|_____|_________|_________|______|______|
|        |      |      |      |     |         |         |      |      |
|________|______|______|______|_____|_________|_________|______|______|
|SO-11-20| 9.30 | 15.0 |  5.7 |1216 |    205  |    137  | 0.12 |  881 |
|________|______|______|______|_____|_________|_________|______|______|
|        | 36.0 |37.15 | 1.15 | 758 |    109  |     60  |0.041 |  519 |
|________|______|______|______|_____|_________|_________|______|______|
|        |65.20 |66.05 | 0.85 | 822 |    170  |    110  |0.029 |  377 |
|________|______|______|______|_____|_________|_________|______|______|
|        |77.85 |80.95 |  3.1 | 627 |    105  |     89  | 1.11 |  910 |
|________|______|______|______|_____|_________|_________|______|______|
|        |92.80 |94.05 | 1.25 | 724 |    146  |    100  |0.029 |  415 |
|________|______|______|______|_____|_________|_________|______|______|
|        |96.75 |101.50| 4.75 | 729 |    125  |     86  |0.013 |  789 |
|________|______|______|______|_____|_________|_________|______|______|
|        |      |      |      |     |         |         |      |      |
|________|______|______|______|_____|_________|_________|______|______|
|SO-11-21|41.10 |51.40 | 10.3 | 852 |    119  |    104  | 0.37 |  812 |
|________|______|______|______|_____|_________|_________|______|______|
|        |      |      |      |     |         |         |      |      |
|________|______|______|______|_____|_________|_________|______|______|
|SO-11-22|37.50 |49.00 | 11.5 |1272 |    128  |    121  | 0.12 |  943 |
|________|______|______|______|_____|_________|_________|______|______|
|        |      |      |      |     |         |         |      |      |
|________|______|______|______|_____|_________|_________|______|______|
|SO-11-23|16.70 |29.50 | 12.8 | 797 |    120  |     99  | 0.75 |  957 |
|________|______|______|______|_____|_________|_________|______|______|

Intercepts represent approximate true thickness


1 ppm= 1 g/t; 1% = 20 lbs


Current prices of metals: Tin - $11.05/lb; Tantalum (Ta(2)O(5)) -  $150/lb; Lithium (Li(2)O)- $2-3/lb;


          Niobium (Nb(2)O(5)) - $21/lb


(August 31, 2011 - US $'s)

Thirty-one holes were drilled in the 2011 campaign, the third carried
out by Solid, which will assist the Company in verifying the location
and continuation of the mineralised pegmatite dykes. Previously
reported assays from the 2011 Drill Program can be viewed on our
website at www.solidresources.com.

Dr. Alfonso S. Gracia Plaza, Doctor of Science in Economic Geology, is
the Director of the ALBERTA-1 Project and supervises the Company's
exploration programme on the project. He is responsible for the
technical reporting in this news release and is the Company's
'Qualified Person' for the purpose of NI 43-101.

The Board of Directors announce the retirement of Tony Spat M.Sc, P.Eng
as a director. Mr. Spat will continue to provide his valuable expertise
to the Company as a member of the Advisory Board and as a consulting
geologist.

About Solid Resources:

Solid Resources is a Canadian junior mining company focusing on the
exploration and development of rare and precious metals and industrial
commodities worldwide. The Company is currently quantifying the
presence of tantalum, tin, lithium and other rare minerals on its
property in north-western Spain. In addition, further exploratory work
is being conducted on its gold, copper concession in the Province of
Ayabaca in northwest Perú.

Quality Control:

Assay results were provided by ALS Minerals in Vancouver using XRF
and ICP-MS. A complete description of the QA/QC can be referenced on
the news release issued May 2, 2011.

Certain statements contained in this press release, including statements
which are related to exploration activity and future prospects and
profitability and which may contain words such as 'could', 'should',
'expect', 'believe', 'will' and similar expressions and statements
relating to matters that are not historical facts are forward-looking
statements. Such forward-looking statements involve known and unknown
risks and uncertainties which may cause the actual results,
performances and/or achievements of Solid to be materially different
from any future results, performances or achievements expressed or
implied by such forward-looking statements. Such factors include
fluctuations in the market conditions and prices of tantalum, lithium,
tin, and other metals and related products and services; competition;
political and economic conditions in countries in which Solid does
business; changes in laws and regulations, including environmental
regulations, to which Solid is subject, and other factors which are
described in further detail in Solid's filings with the Canadian
Securities Regulators.

Neither the 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.

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