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ISIN: CA8174991064 · WKN: A0DPXF
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Letzter Kurs 04.03.21 TSX Venture
FeedbackSERENGETI RESOURCES
Serengeti Resources Inc. is a mineral exploration company with a strong globally experienced management team who brings a solid track record of exploration success.
The company is focused on the discovery of copper gold and molybdenum deposits in British Columbia, especially in the Stewart-Eskay Creek mining camp and the highly prospective Quesnel Trough, the geological setting of recent new discoveries at Mt. Polley and Kemess North.
VIDEO===>>>http://www.b-tv.com/i/videos/CEOSerengeti.wmv
HOME===>>>http://www.serengetiresources.com/s/Home.asp
NEWS
July 26, 2007 Serengeti Resources Announces Shareholders Rights Plan
July 10, 2007 Serengeti Reports 312 meters of 0.27% Copper and 0.39 g/t Gold from Spring Drilling
June 08, 2007 Serengeti Announces Completion of $20 Million Financing
June 06, 2007 Serengeti Completes Initial Drill Program at Kwanika; Acquires Five New Properties in the Quesnel Trough
May 16, 2007 Serengeti Announces $15 Million Bought-Deal Financing
May 15, 2007 Serengeti Drills 328 meters of 0.61% copper and 0.72 g/t gold at its Kwanika Property, BC
April 24, 2007 Serengeti Reports Drilling Progress on Kwanika Property
March 05, 2007 Serengeti Resumes Drilling on Kwanika Property
February 21, 2007 Serengeti Drilling Extends Copper-Gold System on Kwanika Property
February 16, 2007 Serengeti Closes Cdn$5.2 Million Private Placement Financing
Previous. All pages. Next. Page 1. 2. 3. 4. 5. 6. 7. 8
Nach der uebertriebenen Korrektur sollte der Boden bei Serengeti gefunden sein
45 weitere Bohrungen vom Kwanika Property stehen noch dieses Jahr an
DRILLING RESUMES
An extensive 45-hole, 16,000 to 18,000 meter follow-up drill program has now commenced on the Kwanika Property. Drilling resumes with one diamond drill rig with a second rig to be added to the program later this month. The program consists of a mix of infill, peripheral and target drilling in order to move towards the objective of resource estimation later this year.
45 weitere Bohrungen vom Kwanika Property stehen noch dieses Jahr an
DRILLING RESUMES
An extensive 45-hole, 16,000 to 18,000 meter follow-up drill program has now commenced on the Kwanika Property. Drilling resumes with one diamond drill rig with a second rig to be added to the program later this month. The program consists of a mix of infill, peripheral and target drilling in order to move towards the objective of resource estimation later this year.
Intradaychart Toronto Stock Exchange-Venture[TSX.V]
SHARE STRUCTURE
As at June 19, 2007
Symbol: TSX-V: SIR
Issued: 44 million
Warrants: 4.7 million
Options: 3.3 million
Fully Diluted: 52 million
SHARE STRUCTURE
As at June 19, 2007
Symbol: TSX-V: SIR
Issued: 44 million
Warrants: 4.7 million
Options: 3.3 million
Fully Diluted: 52 million
Serengeti and Fjordland Partner on QUEST Joint Venture
===>>>http://biz.yahoo.com/ccn/070801/200708010405318001.html?.v=1
KNRPEL
===>>>http://biz.yahoo.com/ccn/070801/200708010405318001.html?.v=1
KN
RPEL
Serengeti Drills 48 Meters of 0.75% Copper and 2.5 g/t Gold at Kwanika
===>>>http://biz.yahoo.com/ccn/070906/200709060411644001.html?.v=1
KNRPEL
===>>>http://biz.yahoo.com/ccn/070906/200709060411644001.html?.v=1
KN
RPEL Trading Spotlight
Serengeti Continues to Intersect Good Grade at Kwanika Including 159 Meters of 0.55% Copper, 0.44 g/t Gold
===>>>http://biz.yahoo.com/ccn/071002/200710020416587001.html?.v=1
KNRPEL
===>>>http://biz.yahoo.com/ccn/071002/200710020416587001.html?.v=1
KN
RPEL
Antwort auf Beitrag Nr.: 31.846.685 von KNORPEL am 04.10.07 19:43:06
Mon Nov 5, 2007
Serengeti Intersects Supergene Copper Zone at Kwanika Grading 0.76% Copper, 0.21g/t Gold Over 119.6 meters
===>>>http://www.serengetiresources.com/s/NewsReleases.asp?ReportI…
KNRPEL
Serengeti Intersects Supergene Copper Zone at Kwanika Grading 0.76% Copper, 0.21g/t Gold Over 119.6 meters
===>>>http://www.serengetiresources.com/s/NewsReleases.asp?ReportI…
KN
RPEL
Wed Dec 19, 2007
Serengeti Completes 2007 Drill Program at Kwanika
Vancouver, B.C., December 19, 2007: Serengeti Resources Inc. (TSX-V: SIR) reports that it completed 30 holes totaling 16,565 meters in its most recent drill program at its 100% owned Kwanika porphyry copper-gold property, British Columbia. The next round of drilling is scheduled to resume by January 15th, 2008 and will comprise a significant program designed to test for extensions of the copper-gold system and other targets in its immediate vicinity.
"We look forward to initiating this next program at Kwanika which should continue advancing the project to the next level", stated Serengeti President and CEO David Moore. "We have a fully winterized camp to support our drilling activities and a strong cash position to aggressively pursue this exciting project" elaborated Moore.
The Kwanika property comprises approximately 9,400 hectares of mineral claims situated in the Quesnel Trough between the Kemess Mine and the Mt. Milligan deposit. Serengeti has now completed 24,294 meters of drilling in 57 holes on the property since August 2006. Results for 17 complete and one partial (K-07-43) hole remain to be reported from the most recently completed program. At this time all samples have been submitted for analysis to the laboratory and Serengeti expects to have the next batch of results available for release early in the New Year.
KNRPEL
Serengeti Completes 2007 Drill Program at Kwanika
Vancouver, B.C., December 19, 2007: Serengeti Resources Inc. (TSX-V: SIR) reports that it completed 30 holes totaling 16,565 meters in its most recent drill program at its 100% owned Kwanika porphyry copper-gold property, British Columbia. The next round of drilling is scheduled to resume by January 15th, 2008 and will comprise a significant program designed to test for extensions of the copper-gold system and other targets in its immediate vicinity.
"We look forward to initiating this next program at Kwanika which should continue advancing the project to the next level", stated Serengeti President and CEO David Moore. "We have a fully winterized camp to support our drilling activities and a strong cash position to aggressively pursue this exciting project" elaborated Moore.
The Kwanika property comprises approximately 9,400 hectares of mineral claims situated in the Quesnel Trough between the Kemess Mine and the Mt. Milligan deposit. Serengeti has now completed 24,294 meters of drilling in 57 holes on the property since August 2006. Results for 17 complete and one partial (K-07-43) hole remain to be reported from the most recently completed program. At this time all samples have been submitted for analysis to the laboratory and Serengeti expects to have the next batch of results available for release early in the New Year.
KN
RPEL
Serengeti Commences 2008 Drill Program at Kwanika, Wins Northern BC Prospector Award
Monday January 21, 8:30 am ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 21, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR - News) is pleased to report that its 2008 Phase I, 10,000 m drill program started on January 14th, 2008 to test extensions of the main copper-gold zone in addition to other targets on the Kwanika property. President David Moore stated, "We are pleased to resume drilling at Kwanika and continue the growth of this exciting prospect." Initial environmental and archeological studies are underway and preliminary metallurgical testing is planned.
ADVERTISEMENT
Results of the remaining 12 holes of the 2007 program are expected by early February. "Upon receipt and integration of these assays, we will be able to determine the full magnitude of the drill program required to enable the calculation of a N.I. 43-101 compliant resource by 2008 year end," specified Moore.
The Company is also very pleased to announce that it has been awarded the 2008 Prospector or Developer of the Year award by the Northern British Columbia Business & Technology Council. The award recognizes perseverance and determination by a prospector or developer and was awarded for Serengeti's copper-gold discovery at Kwanika. "This is a real honour to receive this award which would not have been possible without the support of all of our contractors, suppliers and the local community," stated David Moore.
KNRPEL
Monday January 21, 8:30 am ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 21, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR - News) is pleased to report that its 2008 Phase I, 10,000 m drill program started on January 14th, 2008 to test extensions of the main copper-gold zone in addition to other targets on the Kwanika property. President David Moore stated, "We are pleased to resume drilling at Kwanika and continue the growth of this exciting prospect." Initial environmental and archeological studies are underway and preliminary metallurgical testing is planned.
ADVERTISEMENT
Results of the remaining 12 holes of the 2007 program are expected by early February. "Upon receipt and integration of these assays, we will be able to determine the full magnitude of the drill program required to enable the calculation of a N.I. 43-101 compliant resource by 2008 year end," specified Moore.
The Company is also very pleased to announce that it has been awarded the 2008 Prospector or Developer of the Year award by the Northern British Columbia Business & Technology Council. The award recognizes perseverance and determination by a prospector or developer and was awarded for Serengeti's copper-gold discovery at Kwanika. "This is a real honour to receive this award which would not have been possible without the support of all of our contractors, suppliers and the local community," stated David Moore.
KN
RPEL
Serengeti Resources Inc.: Large Airborne Magnetometer Survey Completed Over QUEST Properties
Wednesday January 23, 8:30 am ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 23, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR - News) and its 50%/50% joint venture partner Fjordland Exploration Inc. (TSX VENTURE:FEX - News), are pleased to report that Geo Data Solutions GDS Inc. of Laval, Quebec has recently completed 6,624 line kilometres of airborne magnetic surveys, at 250-metre line spacings, over all 16 SIR/FEX properties within the QUEST project area in central British Columbia. The surveys were conducted between November and December, 2007; compilation of preliminary results is in progress. The 16 copper-gold porphyry targets were acquired in the summer of 2007 on the basis of high magnetic anomalies identified from the mid-1960s' federal government wide-spaced regional airborne geophysical surveys over the area.
ADVERTISEMENT
The QUEST JV project lies within the highly endowed and prospective Quesnel Terrane. The properties included in the Serengeti-Fjordland JV area, between Quesnel and Fort St. James, total approximately 97,000 hectares and include: Tezz, Gold, MM, Ping, RL 1, RL 2, RL 3, RL 4, RL 5, PG, Copper, ST, MP, QN 1, QN 2 and Q (see property location map on the companies' websites). The QUEST JV area also includes much of the region identified by Geoscience BC, where during 2007 it carried out regional airborne EM and gravity geophysical surveys, at 4-kilometre and 2-kilometre line spacings, respectively. Results from the EM survey, as well as from reanalysis of stream and lake sediment samples in the Quest area, will be released during the annual Mineral Exploration Roundup meeting in Vancouver, January 28-31, 2008. Much of the area surveyed is covered by glacial overburden, which has historically hampered conventional exploration. As such, this region represents a significantly under-explored area. Since the announcement of the Geoscience BC "Quest" project in June, 2007, over 750,000 hectares of mineral units have been registered by a wide variety of explorers.
Preliminary results from the Serengeti/Fjordland surveys have significantly refined the targeted magnetic anomalies on all 16 properties. Once final results are received over the next few weeks, plans will be made for follow-up ground induced polarization surveys to begin this spring.
KNRPEL
Wednesday January 23, 8:30 am ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 23, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR - News) and its 50%/50% joint venture partner Fjordland Exploration Inc. (TSX VENTURE:FEX - News), are pleased to report that Geo Data Solutions GDS Inc. of Laval, Quebec has recently completed 6,624 line kilometres of airborne magnetic surveys, at 250-metre line spacings, over all 16 SIR/FEX properties within the QUEST project area in central British Columbia. The surveys were conducted between November and December, 2007; compilation of preliminary results is in progress. The 16 copper-gold porphyry targets were acquired in the summer of 2007 on the basis of high magnetic anomalies identified from the mid-1960s' federal government wide-spaced regional airborne geophysical surveys over the area.
ADVERTISEMENT
The QUEST JV project lies within the highly endowed and prospective Quesnel Terrane. The properties included in the Serengeti-Fjordland JV area, between Quesnel and Fort St. James, total approximately 97,000 hectares and include: Tezz, Gold, MM, Ping, RL 1, RL 2, RL 3, RL 4, RL 5, PG, Copper, ST, MP, QN 1, QN 2 and Q (see property location map on the companies' websites). The QUEST JV area also includes much of the region identified by Geoscience BC, where during 2007 it carried out regional airborne EM and gravity geophysical surveys, at 4-kilometre and 2-kilometre line spacings, respectively. Results from the EM survey, as well as from reanalysis of stream and lake sediment samples in the Quest area, will be released during the annual Mineral Exploration Roundup meeting in Vancouver, January 28-31, 2008. Much of the area surveyed is covered by glacial overburden, which has historically hampered conventional exploration. As such, this region represents a significantly under-explored area. Since the announcement of the Geoscience BC "Quest" project in June, 2007, over 750,000 hectares of mineral units have been registered by a wide variety of explorers.
Preliminary results from the Serengeti/Fjordland surveys have significantly refined the targeted magnetic anomalies on all 16 properties. Once final results are received over the next few weeks, plans will be made for follow-up ground induced polarization surveys to begin this spring.
KN
RPEL
Serengeti Extends Exercise Term of Warrants
Tuesday January 29, 8:30 am ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 29, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR - News) advises that, subject to regulatory approval, it has agreed to extend the exercise term of a total of 1,732,500 share purchase warrants issued in its private placement of Flow Through Shares and Non-Flow Through Units which closed February 16, 2007.
The Company intends to extend the exercise term of the above warrants for an additional 12 months, from an expiry date of February 13, 2008 to an expiry date of 4:30pm Vancouver Time on February 13, 2009. The exercise price of these warrants will remain at $1.00 per share.
About Serengeti
Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia. Additional information on Serengeti's projects can be found on the Company's website at www.serengetiresources.com.
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
KNRPEL
Tuesday January 29, 8:30 am ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 29, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR - News) advises that, subject to regulatory approval, it has agreed to extend the exercise term of a total of 1,732,500 share purchase warrants issued in its private placement of Flow Through Shares and Non-Flow Through Units which closed February 16, 2007.
The Company intends to extend the exercise term of the above warrants for an additional 12 months, from an expiry date of February 13, 2008 to an expiry date of 4:30pm Vancouver Time on February 13, 2009. The exercise price of these warrants will remain at $1.00 per share.
About Serengeti
Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia. Additional information on Serengeti's projects can be found on the Company's website at www.serengetiresources.com.
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
KN
RPEL
Serengeti Intersects 280 m Grading 0.47% Copper, 0.63 g/t Gold at Kwanika
Tuesday February 12, 8:30 am ET
===>>>http://biz.yahoo.com/ccn/080212/200802120441427001.html?.v=1
KNRPEL
Tuesday February 12, 8:30 am ET
===>>>http://biz.yahoo.com/ccn/080212/200802120441427001.html?.v=1
KN
RPEL
Kannst Du mal sagen, worauf die deftigen Kursverluste
zurückzuführen sind??,
sehr angenehm Deine Threads.
zurückzuführen sind??,
sehr angenehm Deine Threads.
Antwort auf Beitrag Nr.: 33.436.336 von Popeye82 am 21.02.08 15:17:31SERENGETI wurde letztes Jahr im Mai massiv in Canada gepusht,danach stuerzte der Kurs auf unter 2 can$ ab.
So langsam waechst das Interesse aber wieder,momentan ein klarer Kauf
================================================
SERENGETI RESOURCES INC
International Stock Targets: Introduces Serengeti Resources to our Canadian Juniors Watch List
1/30/2008
Jan 30, 2008 (M2 PRESSWIRE via COMTEX News Network) --
International Stock Targets provides investors with the opportunity to cultivate the so-often- taken-for-granted knowledge of the markets and its many drivers. We work closely with all our clients, whether new to the trading sphere or veterans of a world dictated by greed and fear, in order to enter into gainful equities and experience returns in any market environment. International Stock Targets, www.internationalstocktargets.com, will take you on a journey of unique opportunities and exciting investment rendezvous. It will be like going for that dream-tour with the best guide the tour has to offer, and on www.internationalstocktargets.com we will always provide you with the best tools to make this crossing a success. One of the company's we will be tracking as the market opens with new prospects is Serengeti Resources Inc. (TSX-V: SIR). Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia.
For future reports on Serengeti Resources and other growth stocks sign up to www.internationalstocktargets.com for a 3 month trial subscription.
"We at international stock targets have made it our goal to partner with as many of the top research firms and analysts to provide you the investors top quality research. Becoming a member to www.internationalstocktargets.com will give you free access to many different investment reports including analysis of most of the companies you hold in your portfolio. See how working with us today can expand your net worth tomorrow," Stefen Gorgin CEO and Head Analyst International Stock Targets
Serengeti Resources closed down 4.11 percent on Tuesday with a volume over 150,000.
On Tuesday, January 29th, 2008, Serengeti Resources Inc. advised that, subject to regulatory approval, it has agreed to extend the exercise term of a total of 1,732,500 share purchase warrants issued in its private placement of Flow Through Shares and Non-Flow Through Units which closed February 16, 2007.
About us:
International Stock Targets is a world renowned research firm, specializing in identifying undervalued growth companies and walking members through the life-cycle of an equity's most aggressive growth periods. IST has been honoured the "Best International Research Team Award" three years in a row, and has been praised in many of the top publications globally and is recognized for their research, accuracy and professionalism.
Information contained in this release was extracted from publicly available sources deemed reliable. This document may contain forward-looking statements, particularly as related to the business plans of the Companies, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted. No investor should assume that reliance on the views, opinions or recommendations contained herein will produce profitable results. International Stock Targets may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our web site or within our reports.
International Stock Targets may at some time effect transactions in the securities mentioned. Additional information is available upon request subject to duties of confidentiality. The report has been compiled for information purposes only and under no circumstances should be considered as a solicitation to buy or sell any securities or as investment advice. While the information contained herein has been obtained from sources we believe to be reliable, International Stock targets does not represent or warrant the accuracy or completeness of the report. Independent investment advice should be sought before relying on any research regarding a specific company. Risk factors and actual results may differ significantly from the information contained in the report. International Stock Targets have not received compensation for this coverage and is not affiliated with the Company mentioned in this report. Target Prices are based on our own proprietary methods and should not be considered as all-inclusive nor considered as price projections based on revenue or performance. We strongly advise seeking professional investment advice.
CONTACT: International Stock Targets Tel: +1 866 657 3334 (US) WWW: http://www.internationalstocktargets.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2008 M2 COMMUNICATIONS LTD
Gruß KNRPEL
So langsam waechst das Interesse aber wieder,momentan ein klarer Kauf
================================================
SERENGETI RESOURCES INC
International Stock Targets: Introduces Serengeti Resources to our Canadian Juniors Watch List
1/30/2008
Jan 30, 2008 (M2 PRESSWIRE via COMTEX News Network) --
International Stock Targets provides investors with the opportunity to cultivate the so-often- taken-for-granted knowledge of the markets and its many drivers. We work closely with all our clients, whether new to the trading sphere or veterans of a world dictated by greed and fear, in order to enter into gainful equities and experience returns in any market environment. International Stock Targets, www.internationalstocktargets.com, will take you on a journey of unique opportunities and exciting investment rendezvous. It will be like going for that dream-tour with the best guide the tour has to offer, and on www.internationalstocktargets.com we will always provide you with the best tools to make this crossing a success. One of the company's we will be tracking as the market opens with new prospects is Serengeti Resources Inc. (TSX-V: SIR). Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia.
For future reports on Serengeti Resources and other growth stocks sign up to www.internationalstocktargets.com for a 3 month trial subscription.
"We at international stock targets have made it our goal to partner with as many of the top research firms and analysts to provide you the investors top quality research. Becoming a member to www.internationalstocktargets.com will give you free access to many different investment reports including analysis of most of the companies you hold in your portfolio. See how working with us today can expand your net worth tomorrow," Stefen Gorgin CEO and Head Analyst International Stock Targets
Serengeti Resources closed down 4.11 percent on Tuesday with a volume over 150,000.
On Tuesday, January 29th, 2008, Serengeti Resources Inc. advised that, subject to regulatory approval, it has agreed to extend the exercise term of a total of 1,732,500 share purchase warrants issued in its private placement of Flow Through Shares and Non-Flow Through Units which closed February 16, 2007.
About us:
International Stock Targets is a world renowned research firm, specializing in identifying undervalued growth companies and walking members through the life-cycle of an equity's most aggressive growth periods. IST has been honoured the "Best International Research Team Award" three years in a row, and has been praised in many of the top publications globally and is recognized for their research, accuracy and professionalism.
Information contained in this release was extracted from publicly available sources deemed reliable. This document may contain forward-looking statements, particularly as related to the business plans of the Companies, within the meaning of Section 27A of the Securities Act of 1933 and Sections 21E of the Securities Exchange Act of 1934, and are subject to the safe harbor created by these sections. Actual results may differ materially from the Company's expectations and estimates. The companies mentioned in this publication have not approved the content or timing of the information being published unless otherwise noted. No investor should assume that reliance on the views, opinions or recommendations contained herein will produce profitable results. International Stock Targets may hold positions in securities mentioned herein, and may make purchases or sales in such securities featured on our web site or within our reports.
International Stock Targets may at some time effect transactions in the securities mentioned. Additional information is available upon request subject to duties of confidentiality. The report has been compiled for information purposes only and under no circumstances should be considered as a solicitation to buy or sell any securities or as investment advice. While the information contained herein has been obtained from sources we believe to be reliable, International Stock targets does not represent or warrant the accuracy or completeness of the report. Independent investment advice should be sought before relying on any research regarding a specific company. Risk factors and actual results may differ significantly from the information contained in the report. International Stock Targets have not received compensation for this coverage and is not affiliated with the Company mentioned in this report. Target Prices are based on our own proprietary methods and should not be considered as all-inclusive nor considered as price projections based on revenue or performance. We strongly advise seeking professional investment advice.
CONTACT: International Stock Targets Tel: +1 866 657 3334 (US) WWW: http://www.internationalstocktargets.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2008 M2 COMMUNICATIONS LTD
Gruß KN
RPEL
Also wenn das wirklich der einzige Grund sein sollte,
dann scheints mir ja sehr sehr interessant.
dann scheints mir ja sehr sehr interessant.
SERENGETI GEHT HEUTE UP
Serengeti Intersects 610 Meters Grading 0.74% Copper, 0.78 g/t Gold Including 75 Meters of 2.28% Copper, 1.92 g/t Gold at Kwanika
Wednesday March 26, 8:31 am ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 26, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR - News) is pleased to report the results of the first five holes of the winter 2008 drill program currently in progress on its 100% owned Kwanika porphyry copper-gold property, British Columbia.
"K-08-62 which intersected a very long interval of supergene-enriched copper-gold mineralization grading 1.06% Cu and 1.09 g/t Au over 383.9 meters is a truly exceptional hole" stated President and CEO David Moore. "We continue to be impressed with the grades and lateral continuity we are seeing along the open-edged, western side of the system at Kwanika. This has significant implications for the tonnage potential of this high grade zone," said Moore
The highlights of this drilling are shown in the table above. Drill hole orientations are provided in this table and locations are on the map overleaf. Drill hole sections and a 3D model can be viewed at www.corebox.net or by following the link on the Company's website at www.serengetiresources.com.
All five holes reported were drilled in the southern part of the main mineralized zone. An additional four holes have been completed in this same area and drilling continues here as well as on other targets to the north and south with two rigs. The winter drill program currently in progress at Kwanika has been increased from an initially planned 10,000 meters to 14,000 to 15,000 meters. Additional results will be reported when available.
Hole K-08-62: An angled hole drilled to the west, collared on Section 150N intersected a very long mineralized interval grading 0.74% Cu, 0.78 g/t Au over 610.0 meters, including two exceptional intervals of 2.28% Cu, 1.92 g/t Au over 75.4 m and 1.47% Cu, 1.93 g/t Au over 30.2 meters. This hole was drilled beneath and subparallel to the westward dipping sedimentary basin contact that onlaps the mineralized zone along its western edge. The upper interval is supergene enriched and contains significant chalcocite mineralization whereas the lower interval is high grade primary mineralization, consisting of strongly quartz-stockworked monzonite with significant chalcopyrite and minor bornite.
Hole K-08-58: A vertical hole drilled on Section 200N re-drilled the previously reported hole K-07-57, which was lost above the target depth. The new hole intersected a 217.3 meter interval grading 0.38% Cu, 0.48 g/t Au, including a high grade 69.7 meter interval carrying 0.71% Cu, 0.93 g/t Au.
Hole K-08-59: An angled hole drilled steeply to the east on Section 100N intersected a broad mineralized zone including a better grade, 110.3 meter sub-interval assaying 0.50% Cu, 0.39 g/t Au. The uppermost 29.2 meters is supergene enriched and grades 1.21% Cu, 1.09 g/t Au.
Hole K-08-60: A vertical hole drilled on Section 150N intersected a 201.0 meter interval to the bottom of the hole grading 0.37% Cu, 0.36 g/t Au. A higher grade, 129.4 meter sub-interval assayed 0.49% Cu, 0.50 g/t Au and includes a supergene-enriched zone near its upper contact grading 1.19% Cu, 1.25 g/t Au over 29.2 meters.
Hole K-08-61: A vertical hole drilled on Section 25N intersected a 56.5 meter interval grading 0.34% Cu, 0.19 g/t Au and appears to lie to the south of the higher grade core of the mineralized zone.
===>>>http://biz.yahoo.com/ccn/080326/200803260450669001.html?.v=1
KNRPEL
Serengeti Intersects 610 Meters Grading 0.74% Copper, 0.78 g/t Gold Including 75 Meters of 2.28% Copper, 1.92 g/t Gold at Kwanika
Wednesday March 26, 8:31 am ET
VANCOUVER, BRITISH COLUMBIA--(Marketwire - March 26, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR - News) is pleased to report the results of the first five holes of the winter 2008 drill program currently in progress on its 100% owned Kwanika porphyry copper-gold property, British Columbia.
"K-08-62 which intersected a very long interval of supergene-enriched copper-gold mineralization grading 1.06% Cu and 1.09 g/t Au over 383.9 meters is a truly exceptional hole" stated President and CEO David Moore. "We continue to be impressed with the grades and lateral continuity we are seeing along the open-edged, western side of the system at Kwanika. This has significant implications for the tonnage potential of this high grade zone," said Moore
The highlights of this drilling are shown in the table above. Drill hole orientations are provided in this table and locations are on the map overleaf. Drill hole sections and a 3D model can be viewed at www.corebox.net or by following the link on the Company's website at www.serengetiresources.com.
All five holes reported were drilled in the southern part of the main mineralized zone. An additional four holes have been completed in this same area and drilling continues here as well as on other targets to the north and south with two rigs. The winter drill program currently in progress at Kwanika has been increased from an initially planned 10,000 meters to 14,000 to 15,000 meters. Additional results will be reported when available.
Hole K-08-62: An angled hole drilled to the west, collared on Section 150N intersected a very long mineralized interval grading 0.74% Cu, 0.78 g/t Au over 610.0 meters, including two exceptional intervals of 2.28% Cu, 1.92 g/t Au over 75.4 m and 1.47% Cu, 1.93 g/t Au over 30.2 meters. This hole was drilled beneath and subparallel to the westward dipping sedimentary basin contact that onlaps the mineralized zone along its western edge. The upper interval is supergene enriched and contains significant chalcocite mineralization whereas the lower interval is high grade primary mineralization, consisting of strongly quartz-stockworked monzonite with significant chalcopyrite and minor bornite.
Hole K-08-58: A vertical hole drilled on Section 200N re-drilled the previously reported hole K-07-57, which was lost above the target depth. The new hole intersected a 217.3 meter interval grading 0.38% Cu, 0.48 g/t Au, including a high grade 69.7 meter interval carrying 0.71% Cu, 0.93 g/t Au.
Hole K-08-59: An angled hole drilled steeply to the east on Section 100N intersected a broad mineralized zone including a better grade, 110.3 meter sub-interval assaying 0.50% Cu, 0.39 g/t Au. The uppermost 29.2 meters is supergene enriched and grades 1.21% Cu, 1.09 g/t Au.
Hole K-08-60: A vertical hole drilled on Section 150N intersected a 201.0 meter interval to the bottom of the hole grading 0.37% Cu, 0.36 g/t Au. A higher grade, 129.4 meter sub-interval assayed 0.49% Cu, 0.50 g/t Au and includes a supergene-enriched zone near its upper contact grading 1.19% Cu, 1.25 g/t Au over 29.2 meters.
Hole K-08-61: A vertical hole drilled on Section 25N intersected a 56.5 meter interval grading 0.34% Cu, 0.19 g/t Au and appears to lie to the south of the higher grade core of the mineralized zone.
===>>>http://biz.yahoo.com/ccn/080326/200803260450669001.html?.v=1
KN
RPEL
Antwort auf Beitrag Nr.: 33.734.651 von KNORPEL am 26.03.08 21:38:53
3D Model
Kwanika 3D Model
Rotate this deposit in 3D. Zoom in to see how the intercepts line up underground
===>>>http://www.corebox.net/properties/kwanika/index.php?deposit=…
Kwanika Quick Facts
Location: British Columbia, Canada
Reporting:
Copper, Gold, Silver
62 drill holes plotted
27,404m of drilling shown
KNRPEL
3D Model
Kwanika 3D Model
Rotate this deposit in 3D. Zoom in to see how the intercepts line up underground
===>>>http://www.corebox.net/properties/kwanika/index.php?deposit=…
Kwanika Quick Facts
Location: British Columbia, Canada
Reporting:
Copper, Gold, Silver
62 drill holes plotted
27,404m of drilling shown
KN
RPEL
Glückwunsch Knorpel!!, kurzfristig jedenfalls.
Junge, junge, die Ergebnisse haben's wirklich in sich,
werd ich mir gleich nochmal richtig auf der WSite angucken.
Junge, junge, die Ergebnisse haben's wirklich in sich,
werd ich mir gleich nochmal richtig auf der WSite angucken.
Die Bohrergebnisse sind shon beeindruckend.Noch so'n Treffer und SIR steht bei 4D!Vergleicht mal mit Galore Creek von Novagold(das auf Eis liegt,weil zu teuer),da könnte Serengeti ein gutes Übernahme-Objekt eines Majors werden.
Antwort auf Beitrag Nr.: 33.749.957 von schmacki am 28.03.08 13:36:02Schaut auf das Volumen!
Serengeti & Fjordland Expand QUEST Project; Complete Additional Airborne Surveys
Monday March 31, 8:30 am ET
===>>>http://biz.yahoo.com/ccn/080331/200803310451758001.html?.v=1
KNRPEL
Monday March 31, 8:30 am ET
===>>>http://biz.yahoo.com/ccn/080331/200803310451758001.html?.v=1
KN
RPEL
ich machs mal etwas im Knorpel-Style...
22.04.08
Serengeti Continues to Expand Copper-Gold Zone at Kwanika
==>www.24hgold.com/viewcompanyarticle.aspx?langue=en&articleid=…
Ppeye
22.04.08
Serengeti Continues to Expand Copper-Gold Zone at Kwanika
==>www.24hgold.com/viewcompanyarticle.aspx?langue=en&articleid=…
P
peye
May 07, 2008 08:30 ET
Serengeti Reports on Positive Mineralogical Study at Kwanika
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 7, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR) is pleased to report the results from a recently completed mineralogical study that has a number of positive implications for eventual metallurgical recoveries of copper and gold from the Company's 100% owned Kwanika property located in the Quesnel Trough, British Columbia.
Thirty-seven samples representative of typical mineralized material from 10 individual drill holes were examined in this study. Important conclusions, a number of which have positive metallurgical implications are as follows:
1. Chalcopyrite is the primary copper sulfide, making up less than 1% to 7% of the sample, and typically occurs as disseminated grains with an average size of 50 to 100 microns. Pyrite, which has an average grain size of 100 to 200 microns, occurs in similar or lesser amounts. Chalcopyrite is seldom in contact and even more rarely locked with pyrite; this should make for good separation of a copper concentrate at a typical grind size.
2. Bornite and chalcocite occur in lesser amounts, being present in 16 of 37 and 8 of 37 samples respectively. Bornite (63% Cu) is usually intimately associated with chalcopyrite (35% Cu) and appears to have been altered from it. Chalcocite (80% Cu) is often associated with bornite. Recovery of bornite and chalcocite together with chalcopyrite in a concentrator is a standard process and is expected to lead to good grade copper concentrates at high recoveries.
3. Native copper is present in minor amounts, being observed in 3 of 37 samples. It occurs as fine disseminations and thin veinlets and typically lies in the upper part of the mineralized zone followed by chalcocite, bornite and chalcopyrite with increasing depth. Native copper can be floated with the assistance of sulfidizing agents and with the use of powerful collectors.
4. A cluster of gold grains (with 13% silver) as an inclusion in bornite was noted in one of the samples from the current study. This substantiates the observation that higher gold grades often occur at Kwanika when bornite is present. If this is typical, then gold should be readily recovered to a copper concentrate.
5. The presence of abundant carbonate (typically 5-20%) was noted in most of the samples; this is a favorable environmental factor, since carbonate would neutralize acid generated by oxidation of pyrite in tailings.
"These preliminary observations are encouraging and suggest that excellent copper and gold recoveries should be achievable at Kwanika. Deposits with mixtures of copper minerals such as observed here often produce copper concentrate grades in excess of 40% Cu, for instance at Highland Valley, BC and Chuquicamata, Chile," stated David Moore President and CEO. "We will use these results to help design an initial flotation test work program," elaborated Moore.
The current mineralogical study was carried out by P.C. LeCouteur, Ph.D., P. Eng., of Micron Geological Ltd., and comments on the metallurgical implications of this work were provided by Kevin Scott, P. Eng., of Scott Wilson Roscoe Postle Associates. The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by the Company's qualified persons, Myron Osatenko, P. Geo., Chief Geologist and David W. Moore, P. Geo., President and CEO of Serengeti Resources Inc.
Serengeti Reports on Positive Mineralogical Study at Kwanika
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 7, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR) is pleased to report the results from a recently completed mineralogical study that has a number of positive implications for eventual metallurgical recoveries of copper and gold from the Company's 100% owned Kwanika property located in the Quesnel Trough, British Columbia.
Thirty-seven samples representative of typical mineralized material from 10 individual drill holes were examined in this study. Important conclusions, a number of which have positive metallurgical implications are as follows:
1. Chalcopyrite is the primary copper sulfide, making up less than 1% to 7% of the sample, and typically occurs as disseminated grains with an average size of 50 to 100 microns. Pyrite, which has an average grain size of 100 to 200 microns, occurs in similar or lesser amounts. Chalcopyrite is seldom in contact and even more rarely locked with pyrite; this should make for good separation of a copper concentrate at a typical grind size.
2. Bornite and chalcocite occur in lesser amounts, being present in 16 of 37 and 8 of 37 samples respectively. Bornite (63% Cu) is usually intimately associated with chalcopyrite (35% Cu) and appears to have been altered from it. Chalcocite (80% Cu) is often associated with bornite. Recovery of bornite and chalcocite together with chalcopyrite in a concentrator is a standard process and is expected to lead to good grade copper concentrates at high recoveries.
3. Native copper is present in minor amounts, being observed in 3 of 37 samples. It occurs as fine disseminations and thin veinlets and typically lies in the upper part of the mineralized zone followed by chalcocite, bornite and chalcopyrite with increasing depth. Native copper can be floated with the assistance of sulfidizing agents and with the use of powerful collectors.
4. A cluster of gold grains (with 13% silver) as an inclusion in bornite was noted in one of the samples from the current study. This substantiates the observation that higher gold grades often occur at Kwanika when bornite is present. If this is typical, then gold should be readily recovered to a copper concentrate.
5. The presence of abundant carbonate (typically 5-20%) was noted in most of the samples; this is a favorable environmental factor, since carbonate would neutralize acid generated by oxidation of pyrite in tailings.
"These preliminary observations are encouraging and suggest that excellent copper and gold recoveries should be achievable at Kwanika. Deposits with mixtures of copper minerals such as observed here often produce copper concentrate grades in excess of 40% Cu, for instance at Highland Valley, BC and Chuquicamata, Chile," stated David Moore President and CEO. "We will use these results to help design an initial flotation test work program," elaborated Moore.
The current mineralogical study was carried out by P.C. LeCouteur, Ph.D., P. Eng., of Micron Geological Ltd., and comments on the metallurgical implications of this work were provided by Kevin Scott, P. Eng., of Scott Wilson Roscoe Postle Associates. The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by the Company's qualified persons, Myron Osatenko, P. Geo., Chief Geologist and David W. Moore, P. Geo., President and CEO of Serengeti Resources Inc.
Antwort auf Beitrag Nr.: 34.047.032 von dukezero am 07.05.08 15:06:22Ist ja schoen daß ich hier nicht mehr der ALLeinunterhalter bin
Weiter so
Gruß KNRPEL
Weiter so
Gruß KN
RPEL
Antwort auf Beitrag Nr.: 33.942.696 von Popeye82 am 22.04.08 15:25:59Da musst du aber noch ein bisschen ueben Popeye
aber fuer den Anfang nicht schlecht
dafuer gibt's nur ein
P
PEYE
Gruß KNRPEL
aber fuer den Anfang nicht schlecht
dafuer gibt's nur ein
P
PEYEGruß KN
RPEL
Serengeti Makes New Copper-Moly Discovery at Kwanika & Expands Central Copper-Gold Zone
Wednesday May 21, 8:30 am ET
===>>>http://biz.yahoo.com/ccn/080521/200805210463259001.html?.v=1
KNRPEL
Wednesday May 21, 8:30 am ET
===>>>http://biz.yahoo.com/ccn/080521/200805210463259001.html?.v=1
KN
RPEL
Antwort auf Beitrag Nr.: 34.050.738 von KNORPEL am 07.05.08 21:59:10
Einzigartige Sachen lassen sich halt nicht kopieren.
Einzigartige Sachen lassen sich halt nicht kopieren.
Jul 17, 2008 08:30 ET
Serengeti Signs Major Option Agreement with Newcrest on Croy Bloom/Davie Creek Property
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 17, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR) is pleased to announce that it has signed a binding Heads of Agreement with a Canadian subsidiary of Newcrest Mining Limited ("Newcrest") whereby Newcrest may earn a joint venture interest in Serengeti's Croy Bloom/Davie Creek property located in the Quesnel Trough of central British Columbia.
Newcrest may earn a 51% interest by funding C$10.0 million in exploration expenditures and making C$500,000.00 in cash payments over four years. Newcrest may then elect to earn an additional 14% interest by funding an additional C$25.0 million in qualifying expenditures towards a pre-feasibility study over a further four years. The first year's work program of C$1,000,000.00 is a commitment with C$100,000.00 cash due on August 1, 2008.
The Croy-Bloom property is located within two km of a logging road spur from the Kemess Mine haul road in the Johansson Lake area of the northern Quesnel Trough. Prior work by Serengeti and others has outlined a large induced polarization (IP) anomaly coincident with a four square km copper-gold-cobalt geochemical anomaly containing values up to 5.5% copper, 9.4 g/t gold and 0.075% cobalt in grab samples. Three drill-ready targets have been outlined on the property including the zone described above. Serengeti's adjacent Davie Creek property is also part of the earn-in arrangement with Newcrest. Prior drilling at Davie Creek has outlined molybdenum values up to 0.073% Mo over 203 meters lying within a three km long soil geochemical and IP chargeability anomaly.
Newcrest plans an initial 2,500 meter drill program on the property commencing in August 2008. As part of the arrangement, a minimum of 20% of the exploration expenditures during the first option period must be made on the Davie Creek portion of the property.
Kwanika
Drilling continues with two rigs on Serengeti's 100% owned Kwanika property, where a major copper-gold discovery was announced in late-2006. More than 50,000 meters have been completed in 115 holes at Kwanika and it is the Company's intention to complete the current drill program and calculate a resource by the end of this year. Drill sections and a 3D model can be viewed at www.corebox.net or by following a link on the Company's website at www.serengetiresources.com.
About Serengeti
Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia.
This news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by the Company's Qualified Person, David W. Moore, P. Geo., President and CEO of Serengeti Resources Inc.
Cautionary Statement
This document contains "forward-looking statements" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact here-in, including, without limitation, statements regarding exploration results and plans and other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound.
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
Serengeti Signs Major Option Agreement with Newcrest on Croy Bloom/Davie Creek Property
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 17, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR) is pleased to announce that it has signed a binding Heads of Agreement with a Canadian subsidiary of Newcrest Mining Limited ("Newcrest") whereby Newcrest may earn a joint venture interest in Serengeti's Croy Bloom/Davie Creek property located in the Quesnel Trough of central British Columbia.
Newcrest may earn a 51% interest by funding C$10.0 million in exploration expenditures and making C$500,000.00 in cash payments over four years. Newcrest may then elect to earn an additional 14% interest by funding an additional C$25.0 million in qualifying expenditures towards a pre-feasibility study over a further four years. The first year's work program of C$1,000,000.00 is a commitment with C$100,000.00 cash due on August 1, 2008.
The Croy-Bloom property is located within two km of a logging road spur from the Kemess Mine haul road in the Johansson Lake area of the northern Quesnel Trough. Prior work by Serengeti and others has outlined a large induced polarization (IP) anomaly coincident with a four square km copper-gold-cobalt geochemical anomaly containing values up to 5.5% copper, 9.4 g/t gold and 0.075% cobalt in grab samples. Three drill-ready targets have been outlined on the property including the zone described above. Serengeti's adjacent Davie Creek property is also part of the earn-in arrangement with Newcrest. Prior drilling at Davie Creek has outlined molybdenum values up to 0.073% Mo over 203 meters lying within a three km long soil geochemical and IP chargeability anomaly.
Newcrest plans an initial 2,500 meter drill program on the property commencing in August 2008. As part of the arrangement, a minimum of 20% of the exploration expenditures during the first option period must be made on the Davie Creek portion of the property.
Kwanika
Drilling continues with two rigs on Serengeti's 100% owned Kwanika property, where a major copper-gold discovery was announced in late-2006. More than 50,000 meters have been completed in 115 holes at Kwanika and it is the Company's intention to complete the current drill program and calculate a resource by the end of this year. Drill sections and a 3D model can be viewed at www.corebox.net or by following a link on the Company's website at www.serengetiresources.com.
About Serengeti
Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia.
This news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by the Company's Qualified Person, David W. Moore, P. Geo., President and CEO of Serengeti Resources Inc.
Cautionary Statement
This document contains "forward-looking statements" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact here-in, including, without limitation, statements regarding exploration results and plans and other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound.
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
Jul 31, 2008 08:30 ET
Serengeti Intersects 65 Meters Grading 1.09% Copper, 1.21 g/t Gold and 87 Meters Grading at 0.89% Copper, 1.18 g/t Gold at Kwanika
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 31, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR) reports additional promising results from the next batch of holes in the 2008 drill program underway on it's 100% owned Kwanika copper-gold property, British Columbia.
"Clearly we are pleased that we continue to encounter long intervals of high grade copper-gold mineralization in step-out holes along the western side of the central zone at Kwanika," stated President and CEO David Moore. "In addition, four holes to the north of the central zone confirm a 500 meter long northern extension. Drilling on the south-eastern IP anomaly continues to intersect near the surface copper-moly mineralization," elaborated Moore.
Drill Holes K-08-91 to K-08-97 Significant Analytical Results
---------------------------------------------------------------------------
Inter- Copper Gold Orient-
From To val Au Ag Equiv. Equiv. ation
Hole (m) (m) (m) Cu% g/t g/t Mo% % g/t (dip/az)
---------------------------------------------------------------------------
Central Zone
---------------------------------------------------------------------------
429.8 733.6 303.9 0.25 0.35 0.6 - 0.46 0.79
----------------------------------------------------------
K-91 Incl. 488.3 547.1 58.8 0.41 0.65 1.1 0.001 0.80 1.38 Vertical
----------------------------------------------------------
And 695.6 733.6 38.0 0.44 0.72 1.7 0.001 0.88 1.51
---------------------------------------------------------------------------
346.6 730.6 384.1 0.14 0.14 0.7 - 0.23 0.39
----------------------------------------------------------
K-92 Incl. 666.3 679.8 13.5 0.32 0.54 1.4 - 0.65 1.12 Vertical
----------------------------------------------------------
And 713.5 730.6 17.1 0.22 0.35 0.8 - 0.43 0.74
---------------------------------------------------------------------------
416.7 668.0 250.0 0.48 0.57 1.9 - 0.83 1.43
K-93 ---------------------------------------------------------- Vertical
Incl. 422.0 509.1 87.1 0.89 1.18 2.4 - 1.60 2.75
---------------------------------------------------------------------------
434.9 744.2 309.4 0.10 0.14 0.5 - 0.19 0.32
K-94 ---------------------------------------------------------- Vertical
Incl. 518.4 584.3 65.9 0.17 0.14 0.8 0.001 0.27 0.46
---------------------------------------------------------------------------
424.0 770.5 346.5 0.46 0.47 1.4 0.001 0.75 1.29
----------------------------------------------------------
Incl. 441.7 598.8 157.1 0.78 0.83 2.0 - 1.29 2.21
K-96 ---------------------------------------------------------- Vertical
Incl. 441.7 507.3 65.6 1.09 1.21 2.8 - 1.82 3.13
----------------------------------------------------------
And 547.6 598.8 51.2 0.92 0.78 2.4 - 1.40 2.40
---------------------------------------------------------------------------
415.9 570.7 154.9 0.42 0.30 1.1 - 0.61 1.04
----------------------------------------------------------
Incl. 415.9 511.5 95.7 0.63 0.41 1.6 - 0.89 1.52
K-97 ---------------------------------------------------------- Vertical
Incl. 433.8 467.5 33.7 1.24 0.73 2.7 - 1.70 2.91
----------------------------------------------------------
618.2 799.4 181.2 0.25 0.16 0.5 0.002 0.36 0.62
---------------------------------------------------------------------------
K-95 Returned No Significant Values
---------------------------------------------------------------------------
- Copper and Gold Equivalent calculations use metal prices of US$1.75/lb
for copper, US$12/lb for molybdenum, US$700/oz for gold and US$12.50/oz
for silver and both assume metallurgical recoveries and net smelter
returns of 100%. Copper (Cu) EQ equals Cu% + (Mo% x 12/1.75) + (Au g/t x
12.86/22.06) + (Ag g/t x 0.23/22.06). Gold (Au) EQ equals Au g/t + (Cu%
x 38.60/22.5) + (Mo% x 264.72/22.5) + (Ag g/t x 12.50/700).
Of the 12 holes reported here, seven were step-out holes completed along the western edge of the central copper-gold zone. Partial results for one of these, K91, had previously been reported. Four of the holes reported were drilled on the northern extension of the central zone and one step-out hole was drilled on the southern copper-molybdenum zone. Since the start of the 2008 program in mid January, over 28,000 meters of drilling have been completed in 59 holes. Drilling will continue on the property into early August when the current drill campaign will be completed. The Company will then move towards a resource calculation by year-end.
Drill Holes K-08-98 to K-08-102 Significant Analytical Results
---------------------------------------------------------------------------
Inter- Copper Gold Orient-
From To val Au Ag Equiv. Equiv. ation
Hole (m) (m) (m) Cu% g/t g/t Mo% % g/t (dip/az)
---------------------------------------------------------------------------
North Extension
---------------------------------------------------------------------------
197.0 277.8 80.8 0.17 0.18 0.2 - 0.28 0.48 -60
K-98 degrees to
90 degrees
---------------------------------------------------------------------------
308.0 371.0 63.0 0.19 0.16 0.5 - 0.29 0.50 -60
K-99 degrees to
90 degrees
---------------------------------------------------------------------------
63.0 459.5 396.5 0.13 0.16 0.8 0.001 0.24 0.40
---------------------------------------------------------- -60
K-100 Incl.179.0 288.5 109.5 0.19 0.29 0.9 0.001 0.37 0.64 degrees to
---------------------------------------------------------- 90 degrees
Incl. 308.0 320.0 12.0 0.25 0.40 3.8 0.004 0.55 0.95
---------------------------------------------------------------------------
116.7 486.8 370.1 0.16 0.19 0.5 - 0.28 0.48 -55
---------------------------------------------------------- degrees to
K-101 Incl.116.7 300.0 183.3 0.23 0.21 0.4 0.001 0.36 0.62 270
---------------------------------------------------------- degrees
Incl. 394.0 486.8 92.8 0.17 0.27 1.1 - 0.34 0.58
---------------------------------------------------------------------------
South Zone
---------------------------------------------------------------------------
28.0 147.0 119.0 0.35 0.05 1.9 0.013 0.49 0.84
----------------------------------------------------------
K-102 Incl. 29.8 35.1 5.3 0.72 0.09 4.1 0.024 0.98 1.68 Vertical
----------------------------------------------------------
And 67.3 137.0 69.7 0.43 0.05 2.1 0.018 0.60 1.03
---------------------------------------------------------------------------
Central Zone: Three of the new holes in particular on the southwestern side of the central zone returned long intercepts of copper-gold mineralization including higher grade intervals as follows: 87.1 meters grading 0.89% Cu, 1.18 g/t Au in K-93; 65.6 meters grading 1.09% Cu, 1.21 g/t Au and 51.2 meters grading 0.92% Cu, 0.78 g/t Au in K-96; 95.7 meters grading 0.63% Cu, 0.41 g/t Au in K-97. As in the case of prior holes, the higher grade intervals lie near the upper boundary of the zone with an overlying sedimentary basin. Two of the holes, K-92, K-94 intersected long intervals of lower grade mineralization that appear peripheral to central copper-gold zone. Hole K-95 drilled to the west towards the Pinchi fault was not completed to target depth. All seven holes reported here are step-outs drilled on 50x75 meter centers and continue to expand the zone to the west.
North Extension: Drilling of the four holes in the northern extension of the main zone shows a broad zone of approximately 200 meters true width of modest grade mineralization (eg. 370.1 meters grading 0.16% Cu, 0.19 g/t Au in K-101) gradually narrowing to the north along 525 meters of strike length.
South Zone: One hole, K-102 was drilled as a 50 meter step-out from prior hole K-82 and intersected a near surface zone of copper-molybdenum mineralization grading 0.35% Cu, 0.05 g/t Au, 0.013% Mo over 119 meters with several higher grade sub-intervals. This hole and others drilled in the vicinity for which results are pending indicate that a near surface zone of copper-molybdenum mineralization is present in this area.
The highlights of this drilling are provided in the table above, as are drill hole orientations. Hole locations are shown on the map attached. Drill sections and a 3D model can be viewed at www.corebox.net or by following a link on the Company's website at www.serengetiresources.com.
About Serengeti
Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia. Additional information on Serengeti's projects can be found on the Company's website at www.serengetiresources.com.
Quality Assurance/Quality Control
Sample analysis for the current program was completed at Global Discovery Lab in Vancouver, BC. A comprehensive quality assurance/quality control program including duplicate samples, blanks and standards formed part of the sampling protocol in addition to the laboratory's own quality assurance program. Individual copper values exceeding 2000ppm and gold values exceeding 100ppb were assayed and these intervals combined with geochemical determinations on the balance of the samples, with all results reported in % and g/t respectively. This procedure will generally result in an understatement of the average grades. The field program was supervised by Rich Parish, P.Geo., of Coast Mountain Geological Inc. The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by the Company's qualified person, David W. Moore, P. Geo., President and CEO of Serengeti Resources Inc.
Cautionary Statement
This document contains "forward-looking statements" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding exploration results and plans and other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound.
To view accompanying map, please click on the following link: http://media3.marketwire.com/docs/sir730map.pdf.
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
Serengeti Intersects 65 Meters Grading 1.09% Copper, 1.21 g/t Gold and 87 Meters Grading at 0.89% Copper, 1.18 g/t Gold at Kwanika
VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 31, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR) reports additional promising results from the next batch of holes in the 2008 drill program underway on it's 100% owned Kwanika copper-gold property, British Columbia.
"Clearly we are pleased that we continue to encounter long intervals of high grade copper-gold mineralization in step-out holes along the western side of the central zone at Kwanika," stated President and CEO David Moore. "In addition, four holes to the north of the central zone confirm a 500 meter long northern extension. Drilling on the south-eastern IP anomaly continues to intersect near the surface copper-moly mineralization," elaborated Moore.
Drill Holes K-08-91 to K-08-97 Significant Analytical Results
---------------------------------------------------------------------------
Inter- Copper Gold Orient-
From To val Au Ag Equiv. Equiv. ation
Hole (m) (m) (m) Cu% g/t g/t Mo% % g/t (dip/az)
---------------------------------------------------------------------------
Central Zone
---------------------------------------------------------------------------
429.8 733.6 303.9 0.25 0.35 0.6 - 0.46 0.79
----------------------------------------------------------
K-91 Incl. 488.3 547.1 58.8 0.41 0.65 1.1 0.001 0.80 1.38 Vertical
----------------------------------------------------------
And 695.6 733.6 38.0 0.44 0.72 1.7 0.001 0.88 1.51
---------------------------------------------------------------------------
346.6 730.6 384.1 0.14 0.14 0.7 - 0.23 0.39
----------------------------------------------------------
K-92 Incl. 666.3 679.8 13.5 0.32 0.54 1.4 - 0.65 1.12 Vertical
----------------------------------------------------------
And 713.5 730.6 17.1 0.22 0.35 0.8 - 0.43 0.74
---------------------------------------------------------------------------
416.7 668.0 250.0 0.48 0.57 1.9 - 0.83 1.43
K-93 ---------------------------------------------------------- Vertical
Incl. 422.0 509.1 87.1 0.89 1.18 2.4 - 1.60 2.75
---------------------------------------------------------------------------
434.9 744.2 309.4 0.10 0.14 0.5 - 0.19 0.32
K-94 ---------------------------------------------------------- Vertical
Incl. 518.4 584.3 65.9 0.17 0.14 0.8 0.001 0.27 0.46
---------------------------------------------------------------------------
424.0 770.5 346.5 0.46 0.47 1.4 0.001 0.75 1.29
----------------------------------------------------------
Incl. 441.7 598.8 157.1 0.78 0.83 2.0 - 1.29 2.21
K-96 ---------------------------------------------------------- Vertical
Incl. 441.7 507.3 65.6 1.09 1.21 2.8 - 1.82 3.13
----------------------------------------------------------
And 547.6 598.8 51.2 0.92 0.78 2.4 - 1.40 2.40
---------------------------------------------------------------------------
415.9 570.7 154.9 0.42 0.30 1.1 - 0.61 1.04
----------------------------------------------------------
Incl. 415.9 511.5 95.7 0.63 0.41 1.6 - 0.89 1.52
K-97 ---------------------------------------------------------- Vertical
Incl. 433.8 467.5 33.7 1.24 0.73 2.7 - 1.70 2.91
----------------------------------------------------------
618.2 799.4 181.2 0.25 0.16 0.5 0.002 0.36 0.62
---------------------------------------------------------------------------
K-95 Returned No Significant Values
---------------------------------------------------------------------------
- Copper and Gold Equivalent calculations use metal prices of US$1.75/lb
for copper, US$12/lb for molybdenum, US$700/oz for gold and US$12.50/oz
for silver and both assume metallurgical recoveries and net smelter
returns of 100%. Copper (Cu) EQ equals Cu% + (Mo% x 12/1.75) + (Au g/t x
12.86/22.06) + (Ag g/t x 0.23/22.06). Gold (Au) EQ equals Au g/t + (Cu%
x 38.60/22.5) + (Mo% x 264.72/22.5) + (Ag g/t x 12.50/700).
Of the 12 holes reported here, seven were step-out holes completed along the western edge of the central copper-gold zone. Partial results for one of these, K91, had previously been reported. Four of the holes reported were drilled on the northern extension of the central zone and one step-out hole was drilled on the southern copper-molybdenum zone. Since the start of the 2008 program in mid January, over 28,000 meters of drilling have been completed in 59 holes. Drilling will continue on the property into early August when the current drill campaign will be completed. The Company will then move towards a resource calculation by year-end.
Drill Holes K-08-98 to K-08-102 Significant Analytical Results
---------------------------------------------------------------------------
Inter- Copper Gold Orient-
From To val Au Ag Equiv. Equiv. ation
Hole (m) (m) (m) Cu% g/t g/t Mo% % g/t (dip/az)
---------------------------------------------------------------------------
North Extension
---------------------------------------------------------------------------
197.0 277.8 80.8 0.17 0.18 0.2 - 0.28 0.48 -60
K-98 degrees to
90 degrees
---------------------------------------------------------------------------
308.0 371.0 63.0 0.19 0.16 0.5 - 0.29 0.50 -60
K-99 degrees to
90 degrees
---------------------------------------------------------------------------
63.0 459.5 396.5 0.13 0.16 0.8 0.001 0.24 0.40
---------------------------------------------------------- -60
K-100 Incl.179.0 288.5 109.5 0.19 0.29 0.9 0.001 0.37 0.64 degrees to
---------------------------------------------------------- 90 degrees
Incl. 308.0 320.0 12.0 0.25 0.40 3.8 0.004 0.55 0.95
---------------------------------------------------------------------------
116.7 486.8 370.1 0.16 0.19 0.5 - 0.28 0.48 -55
---------------------------------------------------------- degrees to
K-101 Incl.116.7 300.0 183.3 0.23 0.21 0.4 0.001 0.36 0.62 270
---------------------------------------------------------- degrees
Incl. 394.0 486.8 92.8 0.17 0.27 1.1 - 0.34 0.58
---------------------------------------------------------------------------
South Zone
---------------------------------------------------------------------------
28.0 147.0 119.0 0.35 0.05 1.9 0.013 0.49 0.84
----------------------------------------------------------
K-102 Incl. 29.8 35.1 5.3 0.72 0.09 4.1 0.024 0.98 1.68 Vertical
----------------------------------------------------------
And 67.3 137.0 69.7 0.43 0.05 2.1 0.018 0.60 1.03
---------------------------------------------------------------------------
Central Zone: Three of the new holes in particular on the southwestern side of the central zone returned long intercepts of copper-gold mineralization including higher grade intervals as follows: 87.1 meters grading 0.89% Cu, 1.18 g/t Au in K-93; 65.6 meters grading 1.09% Cu, 1.21 g/t Au and 51.2 meters grading 0.92% Cu, 0.78 g/t Au in K-96; 95.7 meters grading 0.63% Cu, 0.41 g/t Au in K-97. As in the case of prior holes, the higher grade intervals lie near the upper boundary of the zone with an overlying sedimentary basin. Two of the holes, K-92, K-94 intersected long intervals of lower grade mineralization that appear peripheral to central copper-gold zone. Hole K-95 drilled to the west towards the Pinchi fault was not completed to target depth. All seven holes reported here are step-outs drilled on 50x75 meter centers and continue to expand the zone to the west.
North Extension: Drilling of the four holes in the northern extension of the main zone shows a broad zone of approximately 200 meters true width of modest grade mineralization (eg. 370.1 meters grading 0.16% Cu, 0.19 g/t Au in K-101) gradually narrowing to the north along 525 meters of strike length.
South Zone: One hole, K-102 was drilled as a 50 meter step-out from prior hole K-82 and intersected a near surface zone of copper-molybdenum mineralization grading 0.35% Cu, 0.05 g/t Au, 0.013% Mo over 119 meters with several higher grade sub-intervals. This hole and others drilled in the vicinity for which results are pending indicate that a near surface zone of copper-molybdenum mineralization is present in this area.
The highlights of this drilling are provided in the table above, as are drill hole orientations. Hole locations are shown on the map attached. Drill sections and a 3D model can be viewed at www.corebox.net or by following a link on the Company's website at www.serengetiresources.com.
About Serengeti
Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia. Additional information on Serengeti's projects can be found on the Company's website at www.serengetiresources.com.
Quality Assurance/Quality Control
Sample analysis for the current program was completed at Global Discovery Lab in Vancouver, BC. A comprehensive quality assurance/quality control program including duplicate samples, blanks and standards formed part of the sampling protocol in addition to the laboratory's own quality assurance program. Individual copper values exceeding 2000ppm and gold values exceeding 100ppb were assayed and these intervals combined with geochemical determinations on the balance of the samples, with all results reported in % and g/t respectively. This procedure will generally result in an understatement of the average grades. The field program was supervised by Rich Parish, P.Geo., of Coast Mountain Geological Inc. The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by the Company's qualified person, David W. Moore, P. Geo., President and CEO of Serengeti Resources Inc.
Cautionary Statement
This document contains "forward-looking statements" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding exploration results and plans and other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound.
To view accompanying map, please click on the following link: http://media3.marketwire.com/docs/sir730map.pdf.
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
Serengeti Intersects 482 Meters Grading 0.51% Copper, 0.90 g/t Gold in Central Zone and Reports Best Hole to Date on South Zone
SERENGETI RESOURCES INC SIR
9/11/2008 8:31:24 AM
VANCOUVER, BRITISH COLUMBIA, Sep 11, 2008 (MARKET WIRE via COMTEX News Network) --
Serengeti Resources Inc. (TSX VENTURE: SIR) is pleased to report continued excellent results from the Central Zone and the best results to date on the South Zone from the 2008 drill program at its 100% owned Kwanika copper-gold property in BC.
"Hole K-113 clearly demonstrates the exceptional grade and widths present in the heart of the Central Zone at Kwanika intersecting 0.5% copper, 0.9 g/t gold over 482.5 meters," stated President & CEO David Moore. "We have also intersected the longest, highest grade and most gold-rich intercept drilled so far in the South Zone where hole K-110 cut a 313.8 meter mineralized interval including 54.0 meters assaying 0.34% copper, 0.76 g/t gold. This has very positive implications for the grade and tonnage potential of the South Zone at Kwanika," elaborated Moore.
Central Zone Significant Analytical Results
-------------------------------------------------------------------------
Cop-
per Gold
Inter- Cop- Sil- Eq- Eq-
To val per Gold ver Mo uiv. uiv. Orientation
Hole From (m) (m) (m) % g/t g/t % % g/t (dip/azimuth)
-------------------------------------------------------------------------
176.5 659.0 482.5 0.51 0.90 1.4 - 1.05 1.80
------------------------------------------------------
Incl. 176.5 455.0 278.5 0.76 1.39 2.0 - 1.59 2.73
K-113 ------------------------------------------------------ -80 degrees /
Incl. 401.5 455.0 53.5 0.98 2.40 2.4 - 2.41 4.13 85 degrees
------------------------------------------------------
And 521.5 555.0 33.5 0.37 0.55 1.5 - 0.71 1.22
-------------------------------------------------------------------------
422.2 774.0 352.1 0.29 0.27 0.9 0.001 0.46 0.79
------------------------------------------------------
Incl. 422.2 533.0 110.9 0.54 0.51 1.5 - 0.85 1.47
K-107 ------------------------------------------------------ Vertical
And 631.0 683.5 52.5 0.38 0.31 1.6 0.002 0.59 1.02
------------------------------------------------------
And 721.9 774.0 52.3 0.31 0.19 0.5 0.001 0.43 0.75
-------------------------------------------------------------------------
51.0 80.8 29.8 0.51 0.18 1.0 - 0.63 1.08
------------------------------------------------------
141.0 171.0 30.0 0.17 0.10 0.1 0.001 0.23 0.40
K-111 ------------------------------------------------------ -85 degrees /
214.5 218.5 4.0 0.87 0.34 1.2 0.001 1.09 1.87 85 degrees
------------------------------------------------------
406.5 607.3 200.8 0.16 0.11 0.7 0.001 0.24 0.41
-------------------------------------------------------------------------
K-103 and K-112 Returned No Significant Values
-------------------------------------------------------------------------
(i) Copper and Gold Equivalent calculations use metal prices of
US$1.75/lb for copper, US$12/lb for molybdenum, US$700/oz for gold
and US$12.50/oz for silver and both assume metallurgical recoveries
and net smelter returns of 100%. Copper (Cu) EQ equals Cu% +
(Mo% x 12/1.75) + (Au g/t x 12.86/22.06) + (Ag g/t x 0.23/22.06).
Gold (Au) EQ equals Au g/t + (Cu% x 38.60/22.5) + (Mo% x 264.72/22.5)
+ (Ag g/t x 12.50/700).
Of the 11 holes reported here, five were drilled in and around the Central Zone and six on the South Zone. The 2008 drill program which was completed in early August consisted of 66 holes totaling 31,429 meters. Results are pending for 10 of these holes and will be released when available. Since the inception of drilling at Kwanika, over 55,000 meters have been completed in 123 holes. This very large database will be used in a resource calculation for incorporation into a NI 43-101 compliant geological report by year end 2008.
Central Zone: Hole K-113 was drilled as an infill hole in the heart of the Central Zone and intersected 482.5 meters grading 0.51% Cu, 0.90 g/t Au with a supergene-enriched chalcocite-bearing interval grading 0.76% Cu, 1.39 g/t Au over 278.5 meters. K-107 was drilled as a step-out on the deep western extension of the Central Zone and encountered a higher grade section carrying 0.54% Cu, 0.51 g/t Au over 110.9 meters at the upper contact of a broad mineralized zone. Hole K-112 drilled on the southwest edge of the zone did not intersect significant mineralization and K-103 was not completed to target depth. Hole K-111 drilled on the east side of the Central Zone encountered a near surface zone grading 0.51% Cu, 0.18 g/t Au over 29.8 meters and a deeper lower grade zone which expands the mineralized envelope to the east of prior drilling.
South Zone: The highlight of the current holes in the South Zone is K-110 which intersected a broad 313.8 meter mineralized zone within which a 54.0 meter section grades 0.34% Cu, 0.76 g/t Au. A sulphide rich zone within this interval carries 1.56% Cu, 5.03 g/t Au over 6 meters. These are the highest gold grades seen to date in the South Zone and demonstrate the potential to discover a significant copper-gold-molybdenum zone within the large, 2,000 meter long, associated IP geophysical anomaly. The closest holes to K-110 are located 250 meters to the north and 300 meters to the south. At the northern end of the South Zone, holes K-104 and 106 to 109 were drilled as 50 meter step-outs and K-105 as a 100 meter step-out on prior holes K-82, K-102. Collectively, seven of these eight holes intersect a near-surface zone of chalcopyrite and locally significant molybenite mineralization varying from 34 to 119 meters thick within a 150x150 meter drilled area open in three directions. Copper-equivalent grades in the recently reported holes range from 0.4 to 0.6%.
South Zone Significant Analytical Results
-------------------------------------------------------------------------
Cop-
per Gold
Inter- Cop- Sil- Eq- Eq-
To val per Gold ver Mo uiv. uiv. Orientation
Hole From (m) (m) (m) % g/t g/t % % g/t (dip/azimuth)
-------------------------------------------------------------------------
44.3 358.0 313.8 0.22 0.22 1.4 0.006 0.40 0.69
------------------------------------------------------
Incl. 44.3 284.0 239.8 0.27 0.24 1.7 0.007 0.48 0.82
K-110 ------------------------------------------------------ -55 degrees /
Incl. 230.0 284.0 54.0 0.34 0.76 2.3 0.004 0.84 1.43 90 degrees
------------------------------------------------------
Incl. 250.0 256.0 6.0 1.56 5.03 10.1 0.018 4.72 8.10
-------------------------------------------------------------------------
28.2 76.0 47.9 0.46 0.04 2.9 0.011 0.59 1.01
K-104 ------------------------------------------------------ Vertical
130.9 140.9 10.0 0.12 - 1.0 0.001 0.14 0.23
-------------------------------------------------------------------------
75.0 85.0 10.0 0.21 0.02 1.5 0.001 0.24 0.42
------------------------------------------------------
K-105 91.0 99.0 8.0 0.23 0.05 1.2 0.002 0.29 0.49 Vertical
------------------------------------------------------
121.0 155.0 34.0 0.50 0.05 2.4 0.007 0.60 1.04
-------------------------------------------------------------------------
27.8 142.0 114.2 0.40 0.03 2.4 0.010 0.51 0.87
------------------------------------------------------
K-106 Incl. 27.8 83.8 56.0 0.57 0.04 3.3 0.007 0.68 1.16 Vertical
------------------------------------------------------
176.0 188.0 12.0 0.10 0.02 1 0.003 0.14 0.25
-------------------------------------------------------------------------
41.1 134.0 92.9 0.21 0.02 1.3 0.025 0.41 0.70
K-108 ----------------------------------------------------- Vertical
Incl. 41.1 68.0 26.9 0.55 0.05 3.0 0.035 0.85 1.46
-------------------------------------------------------------------------
58.0 64.0 6.0 0.21 - 1.1 0.027 0.40 0.69
------------------------------------------------------
K-109 76.0 84.0 8.0 0.13 0.04 0.6 0.005 0.20 0.34 Vertical
------------------------------------------------------
90.0 97.0 7.0 0.07 - 0.3 0.022 0.23 0.39
-------------------------------------------------------------------------
Drill sections and a 3D model can be viewed at www.corebox.net or by following a link on the company's website at www.serengetiresources.com.
About Serengeti
Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia. Additional information on Serengeti's projects can be found on the Company's website at www.serengetiresources.com.
Quality Assurance/Quality Control
Sample analysis for the current program was completed at Global Discovery Lab in Vancouver, BC. A comprehensive quality assurance/quality control program including duplicate samples, blanks and standards formed part of the sampling protocol in addition to the laboratory's own quality assurance program. Individual copper values exceeding 2000ppm and gold values exceeding 100ppb were assayed and these intervals combined with geochemical determinations on the balance of the samples, with all results reported in % and g/t respectively. This procedure will generally result in an understatement of the average grades. The field program was supervised by Rich Parish of Coast Mountain Geological Inc. The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by the Company's qualified person David W. Moore, P. Geo., President and CEO of Serengeti Resources Inc. Cautionary Statement
This document contains "forward-looking statements" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact here-in, including, without limitation, statements regarding exploration results and plans and other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound.
To view accompanying map, please click on the following link: http://media3.marketwire.com/docs/sir911.pdf
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
Contacts: Serengeti Resources Inc. David W. Moore President and CEO (604) 605-1300 (604) 899-1240 (FAX) Email: dmoore@serengetiresources.com Serengeti Resources Inc. Investor Relations (604) 685-8184 Email: info@serengetiresources.com Website: www.serengetiresources.com
SOURCE: Serengeti Resources Inc.
mailto:dmoore@serengetiresources.com mailto:info@serengetiresources.com http://www.serengetiresources.com
Copyright 2008 Market Wire, All rights reserved.
SERENGETI RESOURCES INC SIR
9/11/2008 8:31:24 AM
VANCOUVER, BRITISH COLUMBIA, Sep 11, 2008 (MARKET WIRE via COMTEX News Network) --
Serengeti Resources Inc. (TSX VENTURE: SIR) is pleased to report continued excellent results from the Central Zone and the best results to date on the South Zone from the 2008 drill program at its 100% owned Kwanika copper-gold property in BC.
"Hole K-113 clearly demonstrates the exceptional grade and widths present in the heart of the Central Zone at Kwanika intersecting 0.5% copper, 0.9 g/t gold over 482.5 meters," stated President & CEO David Moore. "We have also intersected the longest, highest grade and most gold-rich intercept drilled so far in the South Zone where hole K-110 cut a 313.8 meter mineralized interval including 54.0 meters assaying 0.34% copper, 0.76 g/t gold. This has very positive implications for the grade and tonnage potential of the South Zone at Kwanika," elaborated Moore.
Central Zone Significant Analytical Results
-------------------------------------------------------------------------
Cop-
per Gold
Inter- Cop- Sil- Eq- Eq-
To val per Gold ver Mo uiv. uiv. Orientation
Hole From (m) (m) (m) % g/t g/t % % g/t (dip/azimuth)
-------------------------------------------------------------------------
176.5 659.0 482.5 0.51 0.90 1.4 - 1.05 1.80
------------------------------------------------------
Incl. 176.5 455.0 278.5 0.76 1.39 2.0 - 1.59 2.73
K-113 ------------------------------------------------------ -80 degrees /
Incl. 401.5 455.0 53.5 0.98 2.40 2.4 - 2.41 4.13 85 degrees
------------------------------------------------------
And 521.5 555.0 33.5 0.37 0.55 1.5 - 0.71 1.22
-------------------------------------------------------------------------
422.2 774.0 352.1 0.29 0.27 0.9 0.001 0.46 0.79
------------------------------------------------------
Incl. 422.2 533.0 110.9 0.54 0.51 1.5 - 0.85 1.47
K-107 ------------------------------------------------------ Vertical
And 631.0 683.5 52.5 0.38 0.31 1.6 0.002 0.59 1.02
------------------------------------------------------
And 721.9 774.0 52.3 0.31 0.19 0.5 0.001 0.43 0.75
-------------------------------------------------------------------------
51.0 80.8 29.8 0.51 0.18 1.0 - 0.63 1.08
------------------------------------------------------
141.0 171.0 30.0 0.17 0.10 0.1 0.001 0.23 0.40
K-111 ------------------------------------------------------ -85 degrees /
214.5 218.5 4.0 0.87 0.34 1.2 0.001 1.09 1.87 85 degrees
------------------------------------------------------
406.5 607.3 200.8 0.16 0.11 0.7 0.001 0.24 0.41
-------------------------------------------------------------------------
K-103 and K-112 Returned No Significant Values
-------------------------------------------------------------------------
(i) Copper and Gold Equivalent calculations use metal prices of
US$1.75/lb for copper, US$12/lb for molybdenum, US$700/oz for gold
and US$12.50/oz for silver and both assume metallurgical recoveries
and net smelter returns of 100%. Copper (Cu) EQ equals Cu% +
(Mo% x 12/1.75) + (Au g/t x 12.86/22.06) + (Ag g/t x 0.23/22.06).
Gold (Au) EQ equals Au g/t + (Cu% x 38.60/22.5) + (Mo% x 264.72/22.5)
+ (Ag g/t x 12.50/700).
Of the 11 holes reported here, five were drilled in and around the Central Zone and six on the South Zone. The 2008 drill program which was completed in early August consisted of 66 holes totaling 31,429 meters. Results are pending for 10 of these holes and will be released when available. Since the inception of drilling at Kwanika, over 55,000 meters have been completed in 123 holes. This very large database will be used in a resource calculation for incorporation into a NI 43-101 compliant geological report by year end 2008.
Central Zone: Hole K-113 was drilled as an infill hole in the heart of the Central Zone and intersected 482.5 meters grading 0.51% Cu, 0.90 g/t Au with a supergene-enriched chalcocite-bearing interval grading 0.76% Cu, 1.39 g/t Au over 278.5 meters. K-107 was drilled as a step-out on the deep western extension of the Central Zone and encountered a higher grade section carrying 0.54% Cu, 0.51 g/t Au over 110.9 meters at the upper contact of a broad mineralized zone. Hole K-112 drilled on the southwest edge of the zone did not intersect significant mineralization and K-103 was not completed to target depth. Hole K-111 drilled on the east side of the Central Zone encountered a near surface zone grading 0.51% Cu, 0.18 g/t Au over 29.8 meters and a deeper lower grade zone which expands the mineralized envelope to the east of prior drilling.
South Zone: The highlight of the current holes in the South Zone is K-110 which intersected a broad 313.8 meter mineralized zone within which a 54.0 meter section grades 0.34% Cu, 0.76 g/t Au. A sulphide rich zone within this interval carries 1.56% Cu, 5.03 g/t Au over 6 meters. These are the highest gold grades seen to date in the South Zone and demonstrate the potential to discover a significant copper-gold-molybdenum zone within the large, 2,000 meter long, associated IP geophysical anomaly. The closest holes to K-110 are located 250 meters to the north and 300 meters to the south. At the northern end of the South Zone, holes K-104 and 106 to 109 were drilled as 50 meter step-outs and K-105 as a 100 meter step-out on prior holes K-82, K-102. Collectively, seven of these eight holes intersect a near-surface zone of chalcopyrite and locally significant molybenite mineralization varying from 34 to 119 meters thick within a 150x150 meter drilled area open in three directions. Copper-equivalent grades in the recently reported holes range from 0.4 to 0.6%.
South Zone Significant Analytical Results
-------------------------------------------------------------------------
Cop-
per Gold
Inter- Cop- Sil- Eq- Eq-
To val per Gold ver Mo uiv. uiv. Orientation
Hole From (m) (m) (m) % g/t g/t % % g/t (dip/azimuth)
-------------------------------------------------------------------------
44.3 358.0 313.8 0.22 0.22 1.4 0.006 0.40 0.69
------------------------------------------------------
Incl. 44.3 284.0 239.8 0.27 0.24 1.7 0.007 0.48 0.82
K-110 ------------------------------------------------------ -55 degrees /
Incl. 230.0 284.0 54.0 0.34 0.76 2.3 0.004 0.84 1.43 90 degrees
------------------------------------------------------
Incl. 250.0 256.0 6.0 1.56 5.03 10.1 0.018 4.72 8.10
-------------------------------------------------------------------------
28.2 76.0 47.9 0.46 0.04 2.9 0.011 0.59 1.01
K-104 ------------------------------------------------------ Vertical
130.9 140.9 10.0 0.12 - 1.0 0.001 0.14 0.23
-------------------------------------------------------------------------
75.0 85.0 10.0 0.21 0.02 1.5 0.001 0.24 0.42
------------------------------------------------------
K-105 91.0 99.0 8.0 0.23 0.05 1.2 0.002 0.29 0.49 Vertical
------------------------------------------------------
121.0 155.0 34.0 0.50 0.05 2.4 0.007 0.60 1.04
-------------------------------------------------------------------------
27.8 142.0 114.2 0.40 0.03 2.4 0.010 0.51 0.87
------------------------------------------------------
K-106 Incl. 27.8 83.8 56.0 0.57 0.04 3.3 0.007 0.68 1.16 Vertical
------------------------------------------------------
176.0 188.0 12.0 0.10 0.02 1 0.003 0.14 0.25
-------------------------------------------------------------------------
41.1 134.0 92.9 0.21 0.02 1.3 0.025 0.41 0.70
K-108 ----------------------------------------------------- Vertical
Incl. 41.1 68.0 26.9 0.55 0.05 3.0 0.035 0.85 1.46
-------------------------------------------------------------------------
58.0 64.0 6.0 0.21 - 1.1 0.027 0.40 0.69
------------------------------------------------------
K-109 76.0 84.0 8.0 0.13 0.04 0.6 0.005 0.20 0.34 Vertical
------------------------------------------------------
90.0 97.0 7.0 0.07 - 0.3 0.022 0.23 0.39
-------------------------------------------------------------------------
Drill sections and a 3D model can be viewed at www.corebox.net or by following a link on the company's website at www.serengetiresources.com.
About Serengeti
Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia. Additional information on Serengeti's projects can be found on the Company's website at www.serengetiresources.com.
Quality Assurance/Quality Control
Sample analysis for the current program was completed at Global Discovery Lab in Vancouver, BC. A comprehensive quality assurance/quality control program including duplicate samples, blanks and standards formed part of the sampling protocol in addition to the laboratory's own quality assurance program. Individual copper values exceeding 2000ppm and gold values exceeding 100ppb were assayed and these intervals combined with geochemical determinations on the balance of the samples, with all results reported in % and g/t respectively. This procedure will generally result in an understatement of the average grades. The field program was supervised by Rich Parish of Coast Mountain Geological Inc. The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by the Company's qualified person David W. Moore, P. Geo., President and CEO of Serengeti Resources Inc. Cautionary Statement
This document contains "forward-looking statements" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact here-in, including, without limitation, statements regarding exploration results and plans and other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound.
To view accompanying map, please click on the following link: http://media3.marketwire.com/docs/sir911.pdf
The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
Contacts: Serengeti Resources Inc. David W. Moore President and CEO (604) 605-1300 (604) 899-1240 (FAX) Email: dmoore@serengetiresources.com Serengeti Resources Inc. Investor Relations (604) 685-8184 Email: info@serengetiresources.com Website: www.serengetiresources.com
SOURCE: Serengeti Resources Inc.
mailto:dmoore@serengetiresources.com mailto:info@serengetiresources.com http://www.serengetiresources.com
Copyright 2008 Market Wire, All rights reserved.
Sep 24, 2008 07:30 ET
Serengeti and Fjordland Identify Six Priority IP Targets for Follow-Up on Their QUEST Project
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 24, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR) and its 50%-50% joint venture partner, Fjordland Exploration Inc. (TSX VENTURE:FEX) are pleased to report that they have selected six priority target properties (Q, ST, MP, Copper, Ping and Mil) from their recently completed 110-line kilometer reconnaissance induced polarization (IP) surveys under their QUEST project for follow-up work. The IP surveys were conducted over nine selected target properties, based on a thorough review of the results of airborne magnetic surveys completed by the Joint Venture during 2007-2008 and of airborne electromagnetic and gravity surveys completed by Geoscience BC during 2007. The target properties lie within the QUEST JV project, that currently comprise 27 copper-gold properties totaling 144,000 hectares, lying between Quesnel and Fort St. James, BC.
David Moore, President & CEO of Serengeti, comments, "We are very pleased to have identified six high-quality induced polarization anomalies with chargeability highs indicating the possible presence of sulphides on these six properties within our QUEST project area. Our systematic approach to exploring this vastly under-explored portion of the Quesnel Trough is moving us one step closer to selecting drill targets to test for buried porphyry copper-gold deposits. The significant mine expansions at Taseko Mines' Gibraltar mine, the record production and continued good exploration success at Imperial Metals' Mount Polley mine, the proposed mine development plans for Terrane Metals' Mt. Milligan deposit, and Serengeti's pending resource calculation at our Kwanika copper-gold deposit are a testament to the mineral potential of the region."
About Serengeti
Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia. Serengeti is well funded to advance its projects with a working capital position of C$10 million.
This news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by the Company's Qualified Person, David W. Moore, P. Geo., President and CEO of Serengeti Resources Inc.
Serengeti and Fjordland Identify Six Priority IP Targets for Follow-Up on Their QUEST Project
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 24, 2008) - Serengeti Resources Inc. (TSX VENTURE:SIR) and its 50%-50% joint venture partner, Fjordland Exploration Inc. (TSX VENTURE:FEX) are pleased to report that they have selected six priority target properties (Q, ST, MP, Copper, Ping and Mil) from their recently completed 110-line kilometer reconnaissance induced polarization (IP) surveys under their QUEST project for follow-up work. The IP surveys were conducted over nine selected target properties, based on a thorough review of the results of airborne magnetic surveys completed by the Joint Venture during 2007-2008 and of airborne electromagnetic and gravity surveys completed by Geoscience BC during 2007. The target properties lie within the QUEST JV project, that currently comprise 27 copper-gold properties totaling 144,000 hectares, lying between Quesnel and Fort St. James, BC.
David Moore, President & CEO of Serengeti, comments, "We are very pleased to have identified six high-quality induced polarization anomalies with chargeability highs indicating the possible presence of sulphides on these six properties within our QUEST project area. Our systematic approach to exploring this vastly under-explored portion of the Quesnel Trough is moving us one step closer to selecting drill targets to test for buried porphyry copper-gold deposits. The significant mine expansions at Taseko Mines' Gibraltar mine, the record production and continued good exploration success at Imperial Metals' Mount Polley mine, the proposed mine development plans for Terrane Metals' Mt. Milligan deposit, and Serengeti's pending resource calculation at our Kwanika copper-gold deposit are a testament to the mineral potential of the region."
About Serengeti
Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia. Serengeti is well funded to advance its projects with a working capital position of C$10 million.
This news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101, and reviewed by the Company's Qualified Person, David W. Moore, P. Geo., President and CEO of Serengeti Resources Inc.
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