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Re: None

Wednesday, 07/15/2009 11:57:19 AM

Wednesday, July 15, 2009 11:57:19 AM

Post# of 165854
Coming NI 43-101 compliant report calculations.

20 million tons of 0.47% Nb2O5 material is historical est. by Gulf Dominion.
That = 188,000,000lbs of Niobium, which = $4,700,000,000 using $25/lb Niobium. Niobium is trading as high as $35lb.

The recent 9 hole drill program, which will be written up in the NI report, did the following:

"the drilling program successfully confirmed both the mineralized zone data historically reported"(188,000,000lbs worth $4,700,000,000) "and that the mineralization continues below what had previously been identified as the depth of the mineralized zone."

"The company is on schedule to produce an N.I. 43-101 mineral resource report. With our work to date, we expect the results of our evaluation to accomplish a number of objectives, including:
-- Materially increase the reported historical resource"

How much of an increase?

"Drill hole intersections, with a weighted average grade of 0.43%, are located within a surface area of some 76,250 square metres and to a depth of at least 200m."

That = 42,700,000 tonnes of material @ .43% Niobium. That = 367,220,000lbs of Nb worth $9,180,500,000 at $25/lb Niobium

I believe the NI 43-101 compliant report, soon to be released, will have INDICATED reserves worth between $4,700,000,000 (188,000,000lbs) and $9,180,500,000 (367,220,000lbs)

Everything in quotations came directly from Sarissa Press Releases and is public info.
http://www.sarissaresources.com/pages/news.php