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Sarissa Resources Announces Development Plans for the Company's Wholly Owned Nio-Star subsidiary's Nemegosenda niobium project in Ontario.
Sarissa Resources Announces Development Plans for the Company's Wholly Owned Nio-Star subsidiary's Nemegosenda niobium project in Ontario..
About this update from Sarissa Resources Inc
[{"type":"text","content":"\n\n\n\nSarissa Resources Announces Development Plans for the Company's Wholly Owned Nio-Star subsidiary's Nemegosenda niobium project in Ontario.\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nSarissa Resources Announces Development Plans for the Company's Wholly Owned Nio-Star subsidiary's Nemegosenda niobium project in Ontario.\nPR Newswire\nOAKVILLE, Ontario, Sept. 12, 2014\n\n\n\nOAKVILLE, Ontario, Sept. 12, 2014 /PRNewswire/ -- Sarissa Resources Inc. (\"Sarissa\" [SRSR:OTCPK], or the \"Company\") is pleased to announce the next stage development plans for the Company's Nemegosenda niobium project in Ontario, which is 100% owned by the Company's wholly owned subsidiary, Nio-Star Corp.  This phase of the advancement of the project consists of two main objectives.\n\nFirst, the Company is going to resume geological work on the Nemegosenda niobium project in Ontario.  The current work program which the Company has planned is expected to result in a pre-feasibility report on the project, specifically focusing on the D Zone.\n\n\nDrilling and Geology: The Company has begun a program designed to twin certain of the diamond drill holes that the Dominion Gulf Company completed previously. The first of these has been completed and initial analysis indicates a strong correlation in niobium concentrations between the recently completed hole and the original Dominion Gulf Company hole (recently completed hole DDH-14-82 and the Gulf hole DDH-208-56-49).  The Company anticipates that the outcome of this work will be to validate the historical findings of Dominion Gulf Company and move the Company's historical resource estimate to a higher confidence NI 43-101 compliant resource classification. \nComplete Metallurgy Studies: The Company has retained an engineering firm to conduct a Facility Pre-Feasibility Study relating to the metallurgical analysis of the ore at Nemegosenda.   To date, significant progress has been made towards the completion of this study and its completion is a near term goal. \nFurther consulting work toward this pre-feasibility repo...