Sarissa Resources Accelerates Time Table on Recently Announced Geological Plans

OAKVILLE, Ontario, Sept. 19, 2014 /PRNewswire/ -- Sarissa Resources Inc. ("Sarissa" [SRSR:OTCPK], or the "Company") is pleased to announce that through the Ministry of Northern Development and Mines the Company will be able to gain access to drill core from three of the original holes completed by the Dominion Gulf Company during their extensive drilling on the Company's Nemegosenda niobium project in Ontario. 

This development will allow the Company the opportunity to re-log the core and provide direct comparison with Dominion Gulf's original logs. Two of the holes were assayed by Dominion Gulf, and these will be re-assayed for further comparison. The core from a third hole was not originally assayed by Dominion Gulf.  The company can still do the geological comparison and our own assaying to gain further information on the property.

"The Ministry of Northern Developments and Mines opening up access to these historical drill cores combined with the twinning program which the Company began earlier this year, which will be continuing as soon as the drill and team can be mobilized, is expected to give our geologists a higher level of confidence in the Dominion Gulf Data, allowing us to move the Company's historical resource estimate to a higher resource classification.  These historical cores will also allow for a direct comparison to the Dominion Gulf analytical methods which should allow for a higher degree of confidence in assessing the Dominion Gulf historical data," said Scott Keevil, Chief Executive Officer of Sarissa.

"This is an exciting development which will allow the Company to accelerate the time table on our recently announced geological plans which are expected to raise The Company's existing resource classification which is expected to lead to a completed Preliminary Economic Assessment (PEA) also known as a Pre-Feasibility Report," added Dan Byrnes, President of Sarissa.

This topic will be included in the previously scheduled conference call taking place on September 23, 2014 at 4:15pm.  The call may be accessed by dialing; for US and Canadian callers 866-952-8561 (+1 785-424-1883 for international callers).  Callers will reference the conference ID: SARISSA.  Following the call, an audio replay will be available on the Company website under the Investors page; http://sarissaresources.com/investors. The audio replay will be available through October 6, 2014.

If you need further information or assistance with this call please contact the Company's Investor Relations Department at [email protected].

About Sarissa Resources Inc.
Sarissa Resources Inc. is a junior exploration company with interests in properties in Northern Ontario, Canada. Sarissa and Nio-Star are specifically focused on the development of the Nemegosenda niobium project as well as the Shining Tree Resources Corp. gold projects.  Visit www.sarissaresources.com for additional information.

Safe Harbor
This press release contains statements, which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of Sarissa Resources Inc. and Nio-Star Corp., as well as members of their respective management, in addition to the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-statements include fluctuation of financial results and positions, the ability to compete successfully and the ability to complete above-referenced exploration and testing, as well as business transactions. Neither Sarissa nor Nio-Star undertakes any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

SOURCE Sarissa Resources Inc.