Engold Mines Ltd V.EGM

results at sir

[ranger4]

Serengeti Intersects 280 m Grading 0.47% Copper, 0.63 g/t Gold at Kwanika VANCOUVER, BRITISH COLUMBIA, Feb 12, 2008 (Marketwire via COMTEX) -- (CCN Mathews) Serengeti Resources Inc. (TSX VENTURE:SIR) is pleased to report the results of the final 12 holes from the 22,000 meter, 2007 drill program completed at its 100% owned Kwanika porphyry copper-gold property, British Columbia. "These final results from the drill program completed in December are extremely encouraging," stated Serengeti President and CEO David Moore. "Nine of the 12 holes intersected strong grades of copper-gold mineralization over good lengths with exceptional grade/widths in three of these. The best hole, K-07-55, intersected 0.47% copper and 0.63 g/t gold over 280.5 meters. This new drilling extends the higher grade core of the mineralized zone almost 200 meters further to the southwest where it remains open," elaborated Moore. Click here for additional information The highlights of this drilling are shown in the table above with complete results and drill hole locations provided in the table and 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. Ten of the holes reported were collared along 150 meters of strike length, on four, 50 meter spaced sections in the southwestern quadrant of the zone. This drilling indicates a wedge shaped mineralized zone some 200-300 meters in width at depth and up to 385 meters in vertical extent plunging beneath a post-mineral sedimentary basin that on-laps the mineralized zone to the southwest. A supergene enriched copper zone 20 to 60 meters thick consisting of native copper mineralization and a locally developed chalcocite enrichment blanket lies at the contact of this sedimentary basin and the underlying primary sulphide zone which consists of chalcopyrite, bornite and locally strongly developed gold-rich quartz stockwork all hosted in highly altered monzonite. Hole K-07-57 was abandoned short of the target and has been re-drilled in the current program. Two other holes were drilled to the south, K-07-48 and a single hole, K-07-50, on a section 250 meters further to the south. Both holes intersected moderately anomalous copper and/or gold values suggesting that they may lie peripheral to a mineralized center. Click here for additional information As outlined in the Company's news release dated January 21, 2008, drilling resumed on the property in mid January with 10,000 meters planned in a Phase 1 program to continue testing for extensions of the system as well as other targets within the large IP geophysical anomaly outlined on the property. To date less than 25% of this target has been drill tested. In addition the Company will determine the full magnitude of the follow-up drill program required to enable the calculation of a N.I. 43-101 compliant resource by 2008 year end. 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 persons, Myron Osatenko, P. Geo., Chief Geologist and 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 the map accompanying this release please click on the following link: https://media3.marketwire.com/docs/sir0212.pdf SOURCE: Serengeti Resources Inc. Serengeti Resources Inc. David W. Moore President and CEO [phone] [phone] (FAX) Email: [e-mail] Serengeti Resources Inc. Investor Relations [phone] Email: [e-mail] Website: www.serengetiresources.com Copyright (C) 2008 Marketwire. All rights reserved. News provided by