GOLDEN SOLOMON

Solomon Mining Limited

P.O.1598
Honiara, Solomon Island
To The Director of Mines
Ministry of mines and rural electrification
P.O.Box G37
Honiara
Wednesday, Mei 01, 2014
Dear Sir
Re: Minerals Ringht Application For Guadalcananl

Please find attached documents comprising the prospecting license application prepared
And submitted by PT. Golden Solomon limited with respect to Choisule bauksit .

Included is the prescribed mineral right application form 1 enclosed with support ing nformation
reguired under the mines and mineral act ( 1990 ). Any additional detail not contained herein can be
provided on request however we understand this application to be in accordance with the requirements
of the said act.
Should any further information be required, plase do not hesitate to contact us.

.
Setya Graha
DIRECTOR
PT.Golden Solomon

SOLOMON MINING LIMITED
PROSPECTING LICENCE
APPLICATION

APPLICATION FOR
PROSPECTING LICENCE OVER
GUADALCANAL BAUXITE
LATERITE, GUADALCANAL ISLAND GUADALCANAL PROSPECTING
GUADALCANAL PROVINCE LICENCE APPLICATION
SOLOMON ISLAND

















APPLICATION FOR MINERAL RIGHT
( Prospecting Licence )
( S.20, Mines and Minerals Act 1990 )
Prospecting License Application for RenNel laterites
Guadalcanal Island, Solomon Island


Three year ( 2014 2017 )
Exploration Work Programme


PT. Golden Solomon( Mei 2014 )
(fid#002173)













Table of Contents
Page
1. Mineral Ringht Form ( Form 1 ) .4-6
2. Foreign Investment Bord Approval .7-10
3. Applicant .11
4. Experienced Management..11-14
5. Access Agreements15
6. Environmental Management 16
7. Geological Potential of the Prospect Area17-27
8. Proposed Program by Solomon mining .28
9. Proposed budget ( minimum )29
10. Deccription of the prospect tenemt area..30-31
11. PT. Golden Solomon business plan .....32-34













3. Applicant
PT. Golden Solomon is a 100% abroad registered owned company based in Indonesia. PT. Golden
Solomon will provide the necessary funds for a three year exploration program including surface
exploration. To assist with the exploration program, PT. Golden Solomon will put in place a logistic base
in Honiara. And will contract the services necessary to determine avalible prospect for large scale
bauxite mining developments.
The activities which the company wishes to conduct are in the area of mining and quarrying. The
company wishes to conduct explorations and mining of gold, silver, copper, bauksit, cobalt, and other
mineral it available in this prospective area and other potential prospects of all provinces in the Solomon
island.

4. Experlenced Management
The two company director outline below have a proven record and extensive experience in the fields of
business assessment and development, law, accounting, management, resource finance, and associated
skills. This mean management of PT. Golden Solomon limited are experienced in mining, operating
business and dealing with people in developing countries and accordingly have the are ability to engage
locals in and enduring and lasting manner.
Form time to time qualified and experienced trainers will be brought in to train up local personel, and in
all possible positions local personnnel will based.
1. Sugeng Gunawan a brief profile
Mobile ( Indonesia ) +62 ) 811896859
Mobile ( Solomon island )( +617 ) 7837524
Email : setya_graha@yahoo.com
Professional
Experience
1999-present Bahtera Mitra Trada limited
Chairman




Planned and directed all function of the company enforced strong leadership skill to
ensure efficient ultilization of corporate reasources.
Established and integrited the fuction strategres of the company utilizing business
expertise to reach financial/operational goal and objectives.
Depvoyed resource to achieve financial forecast and business objectives.
Developed sales and marketing pland and program for company sales personel.
Analyzed market trends and statistics to determine potential of growth monitored sales
performen regularly.
2011-present PT. Golden Solomon
Chairman
Resource and infrastructure management,
Is now managed and run by PT. Golden Solomon
Skills/Hobbies
Fluent in english and mandarin languages
Proficient in Microsoft windows and osx opration systems.
Holds Indonesia and an international driver license.
Enjoys doing volunteer work
Long time donator and benefactor to many charities and non profit organization.

2. Setya Graha Rochmat a brief profile
Mobile ( Indonesia ) : (+62 ) 81381171667
Mobile ( Solomon island ) : ( +617 ) 7853556
Email : setya_graha@yahoo.com

Experience

2012-2013 PT. Golden Solomon
Director / project manager
Responsible for implementing and managing project changes and intervation to achieve
project outputs
Facilitated the definition of project scopes, goal and deliverables

Managed project budgets
Planned and scheduled project timelines present report defining project progress,
problem and solutions
2009-2012 PT. Gasminco Jaring Utama
Chairman
Managed project budget
Responsible for profit-loss of companies acvtivity
In-country representative responsible for quality control
2004-2005 PT. Bintang Arwana limited
Chairman
Coordinated shipment schedules between factories and clients
Corresponded between factories and clients
Quality control products
2001-2005 Jalin Inti limited
Chairman
Communicated with wholesalers to schedule and ensure on time merchandise deliveries
Actively negotiated pricing contracts and payment with wholesalers and distributor
Managed project budgets
Planned nd organized company event and promotions
2001-2002 PT. Bahtera Mitra Sakti
Chairman
Managed project budgets
Planned and participated in profit-loss activity
Communication operator
Charged with installing and providing lines scerue communication
Degree in Geoligical engineering
Proficient in Microsoft office windows internet appliction
Fluent in spoken, reading, and writing, of chinese
Working knowledge of France
Indonesia auto driver licenses


5. Access Agreements

PT. Golden Solomon ltd has verbal and intelectual capability in negotiating and
maintaining land access agreements. The company intends to do prospecting and
mining business ventures and service in Honiara and Solomon island at large and has a
proven lasting record to establish and maintain relationship with the local people and
Solomon island government. When access agreements are stabilized with the local
customary landowners and the project communities, the company will continue to value
the mutual and cordially relationship initiated the pivotal phenomenon for land access
to the prospecting area. Mr. Tago make with the assistance of short term employed
landowners will be handling the landowner negotiations.

6. Environmental Management

PT. Golden Solomon is commited to responsible environmental management. PT. Mega
Bintang Borneo limited will achieve that outcome by :
Requiring all managers supervisors employees and contractor to proactive manage their
work areas using sound environmental practices and procedures.
Appliying the principles of hazard identification, risk assessment and risk control:
Regulerly reviewing and setting environtmental objectives and targets with the aim of
continually improving its environtmental performance including prevention of pollutions
Maintaining a thorough level of environmental awareness thoroughtout its obligation by
visible managerial leadership and training and by good two way communication.
Consulting with its neighbours local community grups landowners and all levels of
government
Managing its operation and activities to comply with applicable environmental laws,
regulation licences and other commitments to which the company subscribes and
Openly reporting on its environmental performance
In the unlikely event of environtmental incidents PT. Golden Solomon undertakes to
promptly cease any operation or work causing the incident and mitigate impacts by
using best practice rehabilitation procedures


7. Geological potential of the prospect area
7.1 Geological setting
a) Regional Geological setting
the Solomon island and new guinea are part of a continue mal island arc system formed
by the collision of the north moving Australia indie plate with the south west moving
Pacific Plate. Subduction of the Pacific Plate beneath the Australia India Plate resulted
in partial melting of the Pacific Plate and diapiric rise of magma domes into the Australia
India Plate. Initial subduction occurred in a south westerly direction and this process
may have been initiated as early as late Eocene time. A reversal of the subduction is
thought to have occurred near the end of the Miocene when north-east directed
subduction along the south west margin of the archipelago was initiated. The tectonic
setting of the Solomon Island is presented in Figure 7.1.1
















Figure 7.1.1 The tectonic setting of the Solomon Island with Guadalcanal


Initial work to place the Solomon Island Group into a regional tectonics framework was
that by P. Coleman in the 1960s. Coleman came up with the concept of a Geological
Province Model (Figure 3-4).

7.2. Geological Province Model
Coleman initially divided the Solomon Island block into 4 geological provinces known as
(a) central Geological Province; (b). Volcanic Geological Province; (c). Pacific Geological
Province and; (d). Atoll Geological Province.
















Figure 7.2.1 Geological regional guadalcanal


1. Fractured Arc Concept

Brian D. Hackman (1980) used the concept of fractured arc involving rifting and block-
faulting to explain the double en echelon chain nature of the island in wich Choiseul,

Santa Isabel and Malaita occur on the northern chain while Bouganville, the New
Georgia Group, Guadalcanal and San Christobal occur in the southern chain.
Atempts to incorporate the fractured arc model into a geo-tectonic framework were
taken up by other (Harris of Gualer Resourches Limited, 1998) in the late 1990s. Their
work mentions there major tectonic events involving subduction related events
between the Australian an Pacific tectonic plates.
According to this concept, the Solomon Island is composed of two sub-parallel
northwest-southeast trending volcanic island archs situated on the Solomon Plate that
form part of the circum-Paific volcanic arc. The Solomon Plate and Australian plateau
subduct beneath the Solomon Plate. The subduction trench stretches from Vanuatu
right through to eastern most Bouganville Island through to Lihir Group of Island in the
northeast of Papua New Guinea. The geological history and evolution of the Solomon
Islands is ascribed to these three major tectonic events.

First Tectonic Event
The first tectonic event saw the emplacement of submarine oceanic extruded as alkali
olivine basaltic lavas during the faulire of a gearticlinal welt formed by converging and
subducting Pacific and Australian Plates.
A thick sequence of basic volcanic, limestone beds and dolerite of the Mbirao Group
represents this emplaced oceanic crust.

Second Tectonic Event
A second phase of compressive tectonic event presumably metamorphosed the Mbirao
oceanic basic volcanic and carbonate sequences and produced a series of ultrabasic and
meta-gabbroic bodies in the Eocene to Oligocene times. This tectonic event is
represented by ultrabasic emplacements in central and eastern Guadalcanal, San
Cristobal, Santa Isabel and eastern Choiseaul.

Third Tectonic Event
The third tectonic event is described as domnated by block faulting, as a consequence of
extensional faulting due to rifting. This tectonic extensional event occurred during the
late Oligocene to lower Mocene.


First Volcanism associated wih the Third Tectonic Event
The resultant uplift block-faulting led to the the erosion of metabasic rock and triggered
the extrusion of basaltic to andesitic cala-alcalie volcanism. The Suta Volcanics of Central
Guadalcanal and the Umasami Volcanics of West Guadalcanal were extruded as part of
this third tectonic event.

This periode of volcanisme produced the pilo of bassalts, basaltic andesites and
associated pyroclastics and interbeds of limestone beds.

The extrusive volcanism was then followed by the intrusion of high level igneous plutons
of the Poha Diorite Complex in the Oligocene period. Similar volcanic and igneous
activity was noted in Bouganville, Vanuatu and Fiji during the same periode.

Suloihide mineralisatin ws associated with this period of basaltic-andesitic volcanism
and emplacement of plutonic dioritic intussions in the Oligocene to early Miocene
times.

The deposition of various volcanic derived sediments occurred as a result of uplift and
erosion of volcanic and plutonic igneous bodies.

A hiatus period
A hiatus accured during the Mocene. This is represented by depositin of carbonat
platforms in extensie fringing reefs, forming the Mboneghe Limestone. Overlying
unconformably with the Mboneghe Limestone are sequences of tuffs, siltstone,
agglomerates, and tuffaceous arenities.


Second Volcanism during the Third Tectonic Event
In the late Miocene, another volcanic event produced the Galled lavas, basalts,
hornblende andesites and related tuff breccia deposite on West Guadalcanal. These laas
have been K-Ar dated at 6.39 Ma (Hackman,1980).


High level micro diorite to hornblende porphyry intrusion were emplaced during the
Oligocene to Pleistocene. Rock of similar omposition also occur in the New Georgia
Group. On west Guadalcanal, the Oligocene intrusions are overlain by the Lungga Beds.

The topmost Racent calcareous volcanic arenites and terrace forming reefs form the
Honiara Beds of stratigraphic sequence on West Guadalcanal.



7.3. Geological Terrain Model
Recent work by the Geology Department in the Ministry Mines in Soloman Islands in
collaboration with the British overseas Geological Institute and various overseas
University reserchers have further shed light on regional tectonic geology of the
Solomon Island group. Their work has further improved and somewhat refined the
original Geological Province Model Concept of Colemen into what they now refer to
as Geological Terrain Model (Figure 3.1.3.3).

The Geologcal Terrain Model concept was based on;
(a). Lithological, geochemical, isotopic and geochronology differences or simmilarties of
the basaltic basement complex comprising the majr islands.
(b). The development (or lack of) of subsequent arc subduction.

Based on above parameter, the refined model proposes to group the large islands of
Choeseoul, Guadalcanal, Santa Isabel, San Christobal, Malaita, and New Georgia Group
into differingGeological Terrains. (figure 3.1.3.1)

In the Geological Terrain Model Choeseul and Guadalcanal basaltic basement
complexes show simmilarties with mid-ocean ridges basalt or a MORB type terrain
occurring in an intra-oceanic environment. They are considered as forming within a
MORB Type Terrain.


Malaita, Santa Isabel (north of the Kalpito Thrust fault) and Ulwa show affinities of an
aceanic plme type terrain related to Ontong Java Plateau (OTJP). They are considered to
have formed and part of the OJP Terrain.

Makira (or Santa Christoble) show a hybrid terrain showing mixed features of a MORB-
type and a Plume-Type terrain. They are reffered to as a Mixed Terrain.

Arc related subduction episode resulting from the coupling of north westerly moving
Paciific Tectonic Plate with the northesterly moving Australian Continental Tectoniic late
gave rise to alkaline nd calc-alkaline volcanism within the Solomon Block. The volcanism
with its associated plutonic intrusions accreted to the basaltic basements of the MORB-
type terrain in the Eocene to the present.

These episode of arc related subduction were not evident in the Plume-type terrain of
the OJPT basement hence Malaita, north Santa Isabel and Ulawa basaltic basement
were unaffected by this arc related magmatism.

Two episodes of related plate subduction occurred in the Eocene to the present within
the Solomon Block. The Eocene to early Miocene related subduction occurs to the north
of the Solomon Block along the Vitiaz trench system (figure 3.1.3-1).

This earlier plate subduction phase gave rise to alkaline and calc-alcaline volcanism
associated with the Suta and Gold Ridge Volcanics and their associated plutonic
equivalents of the Kuloula, Poha and Lungga Diorites on Guadalcanal and its Micene age
equivated Mole formation on Choeseul as well as the volcanic basement of the
Shortland island group, the Frorida Group and south Santa Isabel.

Choking and cessation of the Vitiaz trench system with its associated volcanism occurred
as a result of the Ontong Java Plateau coupling and abutting onto the Solomon Block in
the Miocene (figure 3.1-3-1).


Volcanic associaned with this second subdactiob tectonic phase gave rise to the alkaline
and calc-alkaline volcanism found within the new Georgia grup, rusell island grup, savo
and west guandalcanal.















Figur 7.3.1 geological terrain model, mines department & other 1998

The two periode of volcanism ascribed to the third phase of volcanism described in the
factured arc concept probabely refers to the two periods of arc develotment associated
with subduction along the vitiaz trench to the north of the Solomon block and
subdaction along the new Britain-san cristobal trench associated with arc reversal as a
consequence of the jamming of the vitiaz trench by the northwest moving thickened
ontong jav plate as described in the geological terrain model.

7.4 Local Geology
Rennel basement geology is mainly comprised a sequence mostly of pillowed and
unpillowed ( original tectonic ) lava, intruded by pods and lanses of cognate gabbro and
diorite.


The Rendbel granudiorit occur as scaltered out-crops in foultes block in the nort-east of
the island. They are serpentinised sometime containing asbestos fibre. The age of the
Rennel granudiorit unknow but presumed to be give a tentative upper Oligocene age.
7.5 Local geological structures
Rennel is a lava block which has been uplifted and then titled to the north the cross
section profile is asymmetric to the north it merges by minor step-faulting and plinges
into deep water over a short distance. The faulthing on the island is intensive and has
produced a mass of fault block which have been uplifted to varying degrees. This is
probably part of the explanation for the sudden changes in the lithologiest of sediments
over short distance. There is not folding.
















Figur 7.5.1 geological provinces in the Solomon island
7.6 Mineralisation
Bauxite laterites have developed over the weather granudiorit, rock inland of rennel and
of rennel bay. The laterite are covered in part by fern and light vegetation and in part by
a characteristic forest vegetation gently rounded hill clear indication of an granudiorit of

an country rock when viewed on aerial phohos are clear indication of an granudiorit
country rock when viewed on aerial photos. The extent of the laterite of the granudiorit
areas which are not fern covered may be estimated from the aerial photos by
considering the gradient of the mountain slopes. Experiences has show that all the
rounded ridges in granudiorit country are capped with laterite on it.
The largest outcrop area of the granudiorit on Rennel island. The outcrop, a mile long by
half a mile wide, consists of parallel adjacent faulted slices of gabbroic and granudiorit
rock and it is presumed that this structure continues beneath the laterite cover. Locally
a bluish shear breccia similar to the blue clay deposit on rennel island may be a
redeposit shear paste .A strip of laterite about 50 feet wide and 500 feet long caps an
granudiorit ridge one mile inland from Paa. The remote bweinaia warkiapu granudiorit
area is about three quarters of a mile square and is covered by jungle laterite strips
developed on the ridge crest to an unknown depth. A forested granudiorit area inland
from rennel is also worth investigation for laterite occurences.















F
igure 7.6.1 Bauxite laterite area of Guadalcanal


B. Proposed Programme by PT. Golden Solomon
The tenement is prospecting for bauxite laterite which have been throught to be developed over the
weathered granudiorit rock . Inland of Rennel island the laterites are covered in part by tern and light
scrub vegetation, and in part by a characteristic forest vegetation. The programme over Rennel will
involve detailed infill mapping and sampling of all identified targets along with reconnaissance surveys
throughout remainder of the tenement.
Once an area of bauxite mineralization has satisfctority located, extensive hand auger sampling survey
programmes are envisaged the aim of better understanding the underlying styles of bauxite
mineralization of ores.
Geophysic surveys and hand feed drilling programme are expected to be completed over this area
following detail through mapping and sampling.
9. Proposed Budget 3 Years
TABEL PROPOSAL BUDGET
THREE YEAR INDICATIVE BUDGET RENNEL $ SBD
Access Negotiationswith community & community projects $ 2,200,000
Compensation for damaged sacred sites / areas $ 300,000
Geologists / management $ 3,000,000
Geophysics $ 1,000,000
Field hands and Labour $ 1,500,000
Exploration & acess road $ 4,000,000
Assaying $ 1,500,000
Flight & accommodation $ 2,000,000
Helicopter support $ 1,000,000
Camp & Field Management $ 1,000,000

Solomon office cost $ 1,000,000
TOTAL $ 18,500,000
10. Description of RENNEL Baouksit Prospect Tenement Area Rennel BAUXITE PROSPECTING LICENCE
APPLICATION (RENNEL/RENDBEL PROVINCE)
AREA DESCRIPTION
The PL area apllied for here is to be known as Rennel Prospect and is locate on island of Rennel and
Province of Rendbel. The description of this parcel of land, in UTM coordinates is as follows.
Rennel PL Aplication, Southeast Rennel Island, Rendbel Province
The approximately rectangular shaped UTM boundary coordinates of Rennel Prospect are as follows.
UTM coordinate given are Mercator/Spheroid International, and Zona 57 Southern Hemisphere.
point x y
1 665,096.56 8,940,480.16
2 676,905.82 8,940,480.16
3 676,866.84 8,939,505.80
4 679,283.25 8,939,505.80
5 679,283.25 8,937,167.34
6 680,920.18 8,937,206.31
7 680,900.69 8,935,666.82
8 682,381.72 8,935,647.34
9 682,381.72 8,927,618.60
10 688,402.11 8,927,662.83
11 688,402.04 8,926,801.84
12 690,168.90 8,926,801.83
13 690,159.89 8,925,465.56
14 701,224.76 8,925,435.49
15 701,126.18 8,904,266.15
16 681,866.39 8,904,266.15
17 681,947.65 8,919,215.07
18 676,999.98 8,919,000.04
19 676,922.18 8,927,662.85
20 665,096.56 8,927,696.55

Cordinat Guadalcanal




Map topografi Guadalcanal
11. BUSINESS PLAN
1/. INTRODUCTION
PT. Golden Solomon is a Abroad owned company based in Solomon Island and its original mother
company is based in Indonesia.
2/. Shareholders
Sugeng Gunawan (70 %) as Indonesia citizenship
Setya Graha Rochmat (30 %) as Indonesia citizenship

3/. Bussiness activites
The activities which the company wishes to conduct are in the area of mining and quarrying. The
company wishes to conduct exploration and mining of gold, silver, copper, nickel and cobalt in all
provinces in the Solomon Islands.

4/. Management
The company is to employ locals in so far as possible and foreign nationals only as required with
capability and respective qualifications on which locals that have broad background and experiences are
eligible to be employed. The company will lso conduct capacity building as their local goal to rural
advancement and development.

5/. Capital Investment
The company will invest as per budget above in the mineral sector to get the operation under way. This
will be used to operate the current running on the company and prospecting activities.


6/. Operating Plan
The opearating plan of the company will be performed in respect to the laws of Solomon Island and in
accordiance to the Surface Access Rights signed with the landowners. The company will also assist
landsowners. The landowners will sign the Surface Access and shall allow the company to do their
respective operation and activies in accordance to the agreements that would be sign respectively.
7/. Development Plan
The development plan is given on the table bellow which will be to followed througly and making sure
that all procedures are relevantly followed ;





item Department Ministry
1. Regristration
company with
Foregn Invesment
Board
Foreign Investment
Board
Ministry of Commerce,
Industries, Labour &
Immigration

2. Incorporation of
Company
Company House Ministry of Commerce,
Industries, Labour &
Immigration

3. Lodge of Mineral
right application
Mines Division/Minerals
Board
Ministry of Mines,
Energy & Rural
Electrificattion

4. Letter of Intent Mines Division/Mineral
Board
Ministry of Mines,
Energy & Rural
Electrificattion

5. Prospecting
Licence and surface
access
Mines Division/Mineral
Board
Ministry of Mines,
Energy & Rural
Electrificattion

6. Renewel of
prospecting licence
Mines Division/Mineral
Board
Ministry of Mines,
Energy & Rural
Electrificattion

7. Mining Lease Mines Division/Mineral
Board
Ministry of Mines,
Energy & Rural
Electrificattion

7.0 Marketing process
PT. Golden Solomon also has connection with bauxite supply buyer company based in China. The market
outlet will be export to China on current industry market price. The export plan will be done in
accordance to the mines and mineral act and custom levy from mineral of finance.

8.0 Conclusion
The company agrees to allocate shares to landowners if they do legally incorporate themselves. This
would be achieved and could be negotiated in the mining lease period, the company will monitor the
land owners for this important under taking from time to time.
They will adhere to what the landowner wish to achieve and it must be stipulated under a legal
agreement with the company.