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Of significance, an overall grade of 0.42% Nb2O5 was returned over the entire 243 metres, including 72 metres grading 0.6% Nb2O5 between 94.25 metres and 166.25 metres.

The trenching program was conducted initially under the supervision of the late Alan Hawke, and followed up on by geologist Hillar Pintson. It was conducted in the middle of the SE Zone, where forty-nine 2.5 metre continuous channel samples were collected along the northern side of trench 09-5A and submitted for assaying. The average grade over the full 122.5 metre length of the trench was 0.35% Nb2O5. In the 49 samples submitted for assay, highlights included 2 samples of greater than 1% Nb2O5 and 10 samples greater than 0.5% Nb2O5. As well as the significant Nb2O5 results, the samples returned anomalous values of tantalum and uranium, along with 2 samples of greater than ten thousand ppm total rare earth elements.

Of additional significance is that this trenching program was carried out in an area of the SE Zone that had not previously been drilled, so continues to expand the area of potential mineralization in this area. A follow-up drilling program has been initiated to test the areas underneath the zone exposed during the trenching program.

This trench is in an area of the SE Zone that had not previously been drilled, but our team has returned high counts per second readings with the hand-held scintillometer.

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Alan Hawke conferring with Sarissa’s independent geological consultants, Billiken Management Services Inc.

preparing the samples

Adit – Original Assay Data

Report: April 1958 G.E. Parsons

Recalculated & Plotted: January 2009

A.A. Hawke B.Sc.M.Sc. MAusIMM

 

 

Introduction and Adit Location

In 1958 Dominion Gulf Company drove an adit 580 feet into the main D Zone of the Nemegosenda carbonatite property northeast of Chapleau, Ontario. The historic data from that report has been recalculated and plotted for internal purposes by Alan Hawke, a director of Sarissa Resources.

The adit was started on the east shore of Lake Nemegosenda. It was driven east for 279 feet, and N65E for 301 feet, with the last 235 feet within Zone D type mineralization. The project was undertaken to provide a bulk sample of material for metallurgical testing.

 

Adit Geology

G.E. Parsons, the author of the report, presented the following comments on Zone D geology in the excerpts below:

“Zone “D” Rocks

As indicated in the diamond drilling, Zone “D” in the adit consists of various proportions of three rock types – fenites, orthoclase-rich rocks, and malignite…The grade of the columbium [niobium] is best where the malignite predominates. This malignite in the adit occupies openings and fractures varying from a fraction of an inch to several feet across, or as a matrix to a breccia formed by the intersecting of fractures. The fenites or orthoclase-rich rocks (felspathized fenites) are the host rocks for the malignite…

Fine pyrochlore is readily visible in most of the rock called malignite.”

 

Summary of Pertinent Data

Parsons summarized the data as follows:

“Adit collared 305 feet north of the Chewett-Collins Township line in Claim S82921 but it quickly passed into Claim S82918.

 

Driven:            east for 279 feet

                        N65E for 301 feet

                        Total        580 feet

 

Elevation of adit at collar: 7 feet above lake – at face: 10.5 feet.

 

Advance in waste:                 345 feet

               In ore (Zone “D”)    235

 

Total slushing 1,166 cubic feet.

 

Approximately 1,500 tons of waste broken

Approximately 1,000 tons of ore (Zone “D”) broken.

 

Estimates of massive malignite in Zone “D” from vertical sections 33%

                                                                        From diamond drill core 42%.

 

Zone “D” mineralization in adit – from Sta. 106 – Face

                                                       From Rd.   57 – 93, inclusive.

 

Bulk sample straight advance (Rd. 57 – 93) 677 bags

                                                     Slash 4        10

                                                     Slash 5      315

                                                     Total        1002 bags.”

The data from the historic bulk sampling program have been recalculated and plotted for internal purposes.

 

 Alan Hawke, BSc. MSc. (Geology), a director of Sarissa, is a “qualified person” within the meaning of National Instrument 43-101 and has reviewed the technical information contained in this report.