SOURCE: Sarissa Resources, Inc.

March 19, 2007 08:31 ET

Sarissa Resources, Inc. Awaiting Final Results From Airborne Survey of 'DeadMoose Lake' Property

BAY CITY, MI -- (MARKET WIRE) -- March 19, 2007 -- Sarissa Resources, Inc., formerly Michigan Gold Mining Investments, Inc. (PINKSHEETS: MGGV), is pleased to announce that an airborne survey of their Deadmoose Lake property in Shillington Township, Northern Ontario, Canada, has outlined exceptional target areas for mineral deposits. The flyover detects magnetic anomalies to determine the possible presence of mineralization.

Sarissa Resources, Inc. owns 100 percent of the approximately 640 acre Deadmoose Lake property, which was originally staked by the Company following the release of an Ontario Geological Survey in 2002. The spring-fed Deadmoose Lake contained the highest and most anomalous readings of platinum and palladium from lake sediments compared to the other 4,000 lakes in that survey. The property is a platinum/nickel/gold prospect and preliminary drillings adjacent the property by Golden Chalice Resources have produced very encouraging results. The Company's consulting geologist, Mike White, recently decided to purchase flyover data of the entire property using specific magnetic survey tools to delineate potential mineral deposit areas.

"We are very excited about the prospects for the Deadmoose Lake property. We took great interest in this location following the geological survey in 2002 and all indications point to potential economic mineral deposits. Once Geo tech Limited complete a full evaluation of the data Mike White will spot drill targets," stated Ben Fuschino, CEO of Sarissa Resources, Inc.

Sarissa Resources, Inc. also explores minority investments in unrelated and promising companies that show above average potential for growth and success. The Company recently purchased five percent of Botanic Oasis, Inc. Botanic Oasis distributes Botanic Pax, a biodegradable natural product used to increase crop yield, decrease drought losses, and reduce labor and mechanical costs in agriculture.

About Sarissa Resources, Inc.:

Sarissa Resources, Inc., formerly Michigan Gold Mining Investments, Inc., is an American junior exploration company involved in the development of mineral assets in North America. Currently, the Company retains a one hundred percent (100%) title to a Platinum/Palladium prospect in Shillington Township named the 'Deadmoose Lake' property. The Company also retains a seventy per cent (70%) interest in the St. Nicholas property, a Uranium/Copper prospect in the Elliot Lake mining camp. The Mike White Group (WVW Associates) retains a thirty per cent interest in the St. Nicholas property.

This press release contains "forward-looking statements." Forward-looking statements are statements concerning plans, objectives, goals, plans, 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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