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Serengeti Announces Positive PEA Results: 21% IRR Pre-tax for Kwanika Copper-Gold Project

VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 3, 2017) – Serengeti Resources Inc. (TSX VENTURE:SIR)(FRANKFURT:34S) announces the completion of an independent NI 43-101 compliant Preliminary Economic Assessment (“PEA”) for its 95% owned Kwanika copper-gold porphyry project located in the Quesnel Trough of North-Central British Columbia, Canada. The results of the PEA demonstrate the potential technical and economic viability of establishing a new copper-gold mine and mill complex on the property.