Sarissa Resources Inc (SRSR)

[OntaREEo]

I reworked the chart below for the D Zone, and include a SE Zone chart for the first time. For the D Zone, I lowered the grade for Nb from .55% to .50% to be conservative; the last couple of holes were lower than that, after some earlier info indicated concentrations as high as .57%. Of course, there is also evidence of higher grades at depth, with one section coming in at 2.5% Nb.

For the tons in the D Zone, I raised the 20M tons by 20% to 24M tons based on the several holes drilled below 200 meters and finding the mineralized zone continued down there.

To be conservative, I lowered the price from $25/pound to $22/pound.

For the SE Zone, I am using the 160M tons stated by Alan Hawke at the PDAC Conference in Toronto on March 1, defining a body currently considered to be 700m x 400m x 200m deep. A grade of .35% was also indicated.

As you can see, we are talking about $30 BILLION in Niobium here folks! (The two red numbers in the last column).

The REEs are also shown based on one historic core sample, so they are not that reliable at the moment, but they give you an idea of what greater potential this Nemegosenda project has.




I would be glad to listen to any comments anyone has.