SOURCE: Sarissa Resources Inc.

February 17, 2009 09:15 ET

Sarissa Resources Inc. Announces Further Assay Results From Deeper Sections on Nemegosenda Property

BAY CITY, MI--(Marketwire - February 17, 2009) - Sarissa Resources Inc. ("Sarissa" or the "Company") (PINKSHEETS: SRSR) released today partial assay results from Diamond Drill Holes 09-70 and 73. These holes are part of the current 9 hole program designed to test the D Zone of the Company's Nemegosenda niobium property in northern Ontario. Holes 09-70 and 73 were drilled deeper in order to test for possible depth extensions, and both encountered significant grades of Nb2O5 material below the previously identified cut-off of the mineralized zone. The Company considered it prudent to prioritize the assays from this deeper section of these holes in order to more accurately plan the remaining drilling.

The results below the 200 metre levels returned a 4.5 metre section in DDH 09-73 of 1.8% Nb2O5, from 229.30 to 233.80, including:

Metres    From      To        Nb2O5%
1.5       229.30    230.80    2.5
1.5       230.80    232.30    1.7
1.5       232.30    233.80    1.4

Results from DDH 09-70 below the 200 metre level returned values of 0.42% Nb2O5 over 43.5 metres from 201.5 metres to 245 metres, including: 0.36% Nb2O5 over 18 metres from 201.5 metres to 219.5 metres; and 25.5 metres of 0.46% Nb2O5 from 219.5 metres to 245 metres.

The results from these holes indicate the presence of further significant mineralization at depths below what had previously been reported in historic drilling results, confirming Sarissa's theory that the deposit remains open to depth.

The Company is awaiting the remaining assay results from these holes. Full results from DDH 09-70 and DDH 09-71 should be available for release shortly.

In addition, Sarissa is honored to be exhibiting at one of the world's largest and most renowned mining events, the PDAC 2009, an international convention, trade show and investor's exchange which is hosted by the Prospectors & Developers Association of Canada, held at the Metro Toronto Convention Centre. In fact, Sarissa will be exhibiting at 2 locations during the convention. As well as being in the Investors' Exchange (booth 2400), we will also be exhibiting in the "Core Shack" (booth 5017.) The PDAC Core Shack display area will allow drill core from 60 deposits around the globe to be available for inspection along with maps, charts and technical information. Sarissa will be exhibiting on March 1st and 2nd.

Sarissa Resources CEO, Scott Keevil, commented, "It's gratifying to see the drilling results confirming, and improving on, what had been historically reported. I'm also very happy that we have been selected to display our drill core and geological information at the Core Shack area of the PDAC, and look forward to meeting some more of our shareholders there."

The company looks forward to keeping our shareholders informed in the coming weeks through continued updates, as further results are obtained and analyzed.

Alan Hawke, BSc. MSc. (Geology), a director of Sarissa, is a "qualified person" within the meaning of National Instrument 43-101 and has reviewed the technical information contained in this news release.

About Sarissa Resources

Sarissa Resources is a junior exploration company with interests in properties with base metal, precious metal, uranium, niobium and rare-earth prospects in Northern Ontario, Canada.

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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 members of its management as well as 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 operating results, the ability to compete successfully and the ability to complete before-mentioned transactions. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

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