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    Serengeti Reports Mexico Exploration Update

    Investing News Network
    Feb. 16, 2011 07:36AM PST
    Gold Investing

    Serengeti Resources Inc. (CVE:SIR) reports its sampling results from an initial field program completion on seven mineral properties situated within the states of Chihuahua and Durango, Mexico.

    Serengeti Resources Inc. (TSXV:SIR) reports its sampling results from an initial field program completion on seven mineral properties situated within the states of Chihuahua and Durango, Mexico.

    The press release is quoted as saying:

    To date Serengeti has acquired title to seven mineral properties totaling 70,762 hectares in the highly prospective Altiplano gold-silver belt of central Mexico. A 2,500 line kilometer airborne magnetic and radiometric survey is currently being planned for seven of Serengeti’s properties, including the Cristobal, Victoria, and Los Cuates blocks.

    Serengeti’s President and CEO, David Moore says:

    “The identification of outcropping mineralized systems at Los Cuates and Victoria is an exciting development in Serengeti’s Mexico exploration effort. Both project sites are underexplored and each represents excellent potential to host a bulk tonnage epithermal Au-Ag deposit. In addition, we are excited to follow up on the highly permissive target areas identified at the Cristobal and Rodeo projects.”

    Click here to access the entire news release.

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