Sarissa Resources Inc (SRSR)

[Muzikman]

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http://www.marketwire.com/press-release/pacific-wildcat-resources-corp-initial-niobium-resource-estimate-mrima-hill-exceeds-tsx-venture-paw-1535787.htm

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 7, 2011) - Pacific Wildcat Resources Corp. (TSX VENTURE:PAW) ("PAW" or the "Company") is pleased to announce the initial NI 43-101 compliant independent Niobium mineral resource estimate report for the Mrima Hill Niobium and Rare Earth Project in Kenya.

The mineral resource estimate was prepared by ExplorMine Consultants ("ExplorMine") of Johannesburg, South Africa. The table below shows the results of the mineral resource estimate as follows:

Mineral Resource Tonnes Average Nb2O5 Pounds
Category (Millions) Nb2O5(%) (millions)
Measured - - -
Indicated - - -
Inferred 105.3 0.65 1,519

Mineral Resource tabulation for Nb2O5 for Mrima Hill, Kenya at a 0.2% Nb2O5 cut-off. Figures have been rounded off to the appropriate level of accuracy.
The effective date of the mineral resource estimate presented above is 6th July, 2011.
This mineral resource estimate includes technical information which requires subsequent estimates to derive totals and weighted averages. Such estimations inherently involve a degree of rounding and consequently introduce a margin of error. Where these occur, ExplorMine does not consider them to be material.
The Niobium mineral resource estimate is from surface down to a maximum depth of 30 metres with 83% of the mineral resource tonnes being found in the top 20 metres. ExplorMine are of the view that with additional surface survey information a significant portion of the inferred classification may be able to be reclassified into the Indicated category.