SOURCE: Sarissa Resources, Inc.

November 01, 2007 09:15 ET

Sarissa Resources, Inc. Acquires Two Uranium/Copper Properties in the Elliot Lake Camp in Northern Ontario

BAY CITY, MI--(Marketwire - November 1, 2007) - Sarissa Resources, Inc. (PINKSHEETS: SRSR) is pleased to announce that it has acquired two Uranium/Copper claims in the Elliot Lake mining camp in Northern Ontario, Canada. The claims represent approximately one square mile (640 acres) of land. The properties are on the White Uranium trend. SRSR president, Ben Fuschino comments, "We at Sarissa are extremely pleased with this acquisition. Uranium demand will increase as oil prices rise. We believe we have positioned ourselves well with this acquisition. Our next goal is to acquire some gold properties to diversify our mineral portfolio."

Sarissa Resources, Inc. is a junior exploration company that locates and develops mineral properties in North America. Currently, Sarissa holds Uranium, copper, nickel and diamond properties in Northern Ontario.

About Sarissa Resources, Inc.:

Sarissa Resources, Inc., formerly Michigan Gold Mining Investments, Inc., is an exploration company involved in the acquisition and development of mineral assets in North America. Among the Company's assets are a one hundred percent title to a Platinum/Palladium prospect in the Shillington Township of Ontario known as the "Deadmoose Lake" property, and a seventy percent (70%) interest in the St. Nicholas property, a uranium and copper prospect in the uranium-rich Elliot Lake mining camp. The Mike White Group, who has performed geophysical consulting work for the Company, retains the remaining thirty percent interest of the St. Nicholas prospect.

This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, strategies, expectations, intentions, projections, developments, future events, or performance, underlying (expressed or implied) assumptions and other statements that are other than historical facts. These forward-looking statements are only predictions. No assurances can be given that such predictions will prove correct. Actual events or results may differ materially. Forward-looking statements should be read in light of the cautionary statements and risks that include, but are not limited to, the risks associated with a small company, our comparatively limited financial resources, and other factors that may adversely impact us. These or other risks could cause actual results to differ materially from the future results indicated or implied in such forward-looking statements. We undertake no obligation to update or revise such statements to reflect events, circumstances, or new information after the date of this press release or to reflect the occurrence of unanticipated or other subsequent events.

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