Serengeti Announces Results of Atty Drilling Program, Provides Exploration Update

VANCOUVER, British Columbia, Oct. 09, 2019 (GLOBE NEWSWIRE) -- Serengeti Resources Inc. (SIR:TSX-V) ("Serengeti" or "the Company") is pleased to report results from the 2019 drilling campaign at the ATTY Project in north-central BC, and to provide an update on the Croy-Bloom and Topcat exploration programs. ATTY lies immediately north of and adjacent to Centerra Gold’s Kemess property. Serengeti secured an option to earn a 100% interest in the ATTY project from Finlay Minerals Ltd. (“Finlay”) and Electrum Resource Corporation (“Electrum”) in 2018.

David Moore, CEO commented, “In parallel with our Kwanika development project, Serengeti is pleased to report on our continued focus on exploration in our Quesnel Trough/Toodogonne package of properties which represent one of our pillars of value in the company alongside Kwanika.  Serengeti strives to bring value to our shareholders by developing a pipeline of various stage projects and balancing exploration upside for discovery with project development through engineering. We continue to be excited about providing our shareholders with exploration opportunities in one of Canada’s most exciting exploration districts.”

ATTY Drilling
Six core holes were drilled at ATTY, totaling 2,318m. Details of the targets are given below the results table. Highlights of the recent drilling include:

• AT-19-08: 0.04% Cu, 0.14 g/t Au, 0.4 g/t Ag over 87.7m, from 240.7 to 328.4m
  • And 0.02% Cu, 0.18 g/t Au, 0.5 g/t Ag over 22.1m, from 39.9 to 62.0m
• AT-19-11: 0.02% Cu, 0.28 g/t Au, 19.6 g/t Ag over 8.9m, from 116.2 to 125.1m

Collar plan and drill sections can be viewed on the company’s website at:
https://serengetiresources.com/site/assets/files/2704/aty_2019_ddh_collar_20191007.jpg
https://serengetiresources.com/site/assets/files/2704/aty_2019_6327900_20191007.jpg