Serengeti Resources Inc.
TSX VENTURE : SIR

Serengeti Resources Inc.

March 05, 2007 09:30 ET

Serengeti Resumes Drilling on Kwanika Property

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 5, 2007) - Serengeti Resources Inc. (TSX VENTURE:SIR) is pleased to announce that the Phase III follow-up drilling has commenced on the Company's 100% owned Kwanika porphyry copper-gold property located in the prolific Quesnel Trough of British Columbia. A minimum of 6,000 meters of drilling in approximately 15 holes is planned to test for extensions of the copper-gold system encountered in Holes K-06-9 and K-06-10 (to view the map please click on the following link: http://www.ccnmatthews.com/docs/Serengeti.jpg).

Cyr Drilling International Ltd. of Winnipeg MB has mobilized a diamond drill rig to the first site to begin testing the potential extensions of mineralization encountered in Hole K-06-9 (111.1 m grading 0.69% copper, 0.54 g/t gold) where an initial 12 holes are planned. Additionally, three holes are planned to test the extent of mineralization encountered in Hole K-06-10 (181.2 m grading 0.21% copper, 0.19 g/t gold), located 500 meters to the north of K-06-9. All permits have been granted, the camp has been constructed, road access to the drill sites has been completed and drilling has been initiated. The drill program is scheduled to take two to three months, weather permitting.

Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. Serengeti is focused on the discovery and development of copper-gold and molybdenum deposits in British Columbia, especially in the highly prospective Quesnel Trough where it owns a 100% interest in 76,982 hectares in 14 separate claim blocks. Additional information can be found on Serengeti's website at www.serengetiresources.com.

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.

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