Serengeti Identifies Targets at Cat Mountain; Reports Results of PGE Analysis and Petrography at Top Cat

Jan 19, 2020

VANCOUVER, British Columbia, Jan. 19, 2020 (GLOBE NEWSWIRE) -- Serengeti Resources Inc. (SIR: TSX-V) ("Serengeti" or "the Company") is pleased to report results from a recently completed historical data compilation and modelling exercise completed for the Top Cat property, which is under option from the Pinchi Group [see Serengeti press release dated July 23, 2019] (the “Top Cat Option”). Top Cat covers approximately 240 sq. km. in north-central BC. The property adjoins the western margin of Sun Metals' and Teck's Lorraine claim groups, approximately 10km north of the Lorraine copper-gold deposit. Upon completion of the 2019 field mapping and sampling program at Top Cat (see Serengeti press release dated November 5, 2019), Serengeti completed a detailed historical data compilation which resulted in the accumulation of 632 rock, and 4,547 soil samples; 69 drillhole logs and related assays from Cat Mountain; and various geophysical surveys dating back to 1974. Serengeti also completed platinum group element (“PGE”) analysis on a sample from Nova, and petrographic analysis on samples from Nova and Cat Mountain. The Nova sample returned elevated palladium values clearly correlated with copper.

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