SIR Serengeti Resources Inc

Serengeti Resources Inc. (TSX VENTURE:SIR)(FRANKFURT:34S) reports the completion
of a reverse circulation (RC) drill program on three properties in Chihuahua,
Mexico, and reports the results from two of these. Results were previously
reported from the third property, Victoria, where drilling encountered
gold-silver with associated zinc +/- lead mineralization hosted in silicified
sediments within a 500 metre long zone open laterally and at depth. 


At the Cuates property which is located 30 kilometres north-west of the Parral
Mining district in Chihuahua, nine reverse circulation drill holes totalling 987
metres tested several mineralized structures that had previously returned highly
anomalous gold values in surface sampling (see NR dated March 20, 2012, and May
8, 2012). The results from this drilling at Cuates are shown in the table below.
Although several of the holes encountered gold-silver mineralization (eg. 1.06
g/t Au, 5.7 g/t Ag over 3.0 metres in C-03 and 2.20 g/t Au, 7.3 g/t Ag over 1.5
metres in C-07), the values were significantly lower and less continuous than
those encountered in the surface sampling. This is likely attributable to gold
enrichment in the near surface, weathered and oxidized material whereas the
values in drilling are from unweathered sulphide bearing intervals which were
also variably anomalous in pathfinder elements including lead, zinc, copper and
arsenic.




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Cuates RC Drill Holes C01 to C09 results                                    
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              From        To    Interval        Gold      Silver        Zinc
Hole           (m)       (m)         (m)       (g/t)       (g/t)         (%)
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C01           70.5        72         1.5        0.15         1.1          tr
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C03             63        66         3.0        1.06         5.7        0.32
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C04             78        81         3.0        1.11         2.3          tr
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C06             63        66         3.0        0.35        11.8        1.36
----------------------------------------------------------------------------
C07           58.5        60         1.5        2.20         7.3          tr
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C08           21.0      22.5         1.5        0.13         2.1         nil
      ----------------------------------------------------------------------
          and 36.0      39.0         3.0          tr         5.5         nil
----------------------------------------------------------------------------
C09           85.5      88.5         3.0          tr        10.7          tr
      ----------------------------------------------------------------------
         and 153.0     154.5         1.5         0.1         3.2          tr
----------------------------------------------------------------------------
           Holes C02, C05 did not return any significant intervals          
----------------------------------------------------------------------------



Two of the holes at Cuates, C08, 09 tested an area of quartz-fluorite veining
west of the surface gold-mineralized area and returned locally anomalous silver
values. The geological setting at Cuates is characterized by a series of small
dioritic intrusions and contact metamorphosed sedimentary rocks cut by east-west
and locally north-northwest trending quartz veins and mineralized structures. 


One hole was also drilled on the Dorado property located 35 kilometres northeast
of Parral testing a high contrast poly-metallic, selective leach soil anomaly
and indicated a thick (greater than 150 metres) overburden and post-mineral
cover rock sequence. No further work is planned on this claim block. 


In contrast, the recently completed drill program has indicated mineralized
systems on the Victoria and Cuates properties warranting further testing both
laterally and at depth. Drilling results from both properties will now be fully
integrated with prior data to determine how best to advance these.


The Company also announces that it has recently taken the decision to defer for
now the completion of the Kwanika Project scoping level Preliminary Economic
Assessment, given the fragile financing climate and the Company's effort to
conserve funds. A 1500 meter drill program is however planned at Kwanika in
August 2012 utilizing available flow-through exploration funds to test several
excellent targets recently identified as a result of a re-evaluation of our
exploration database. One of these targets is shown on the Kwanika South map
attached or available on our Kwanika Property webpage.


About Serengeti Resources Inc. 

Serengeti is a mineral exploration company managed by an experienced team of
professionals with a solid track record of exploration success. The Company is
currently advancing its Kwanika copper-gold project and exploring its extensive
portfolio of properties in the highly prospective Quesnel Trough of British
Columbia and conducts exploration for gold-silver deposits in Mexico. Additional
information on Serengeti's projects can be found on the Company's website at
www.serengetiresources.com. Serengeti is well funded to advance its projects
with a current working capital position of approximately $2.8 million. Serengeti
has 51.1 million shares issued and outstanding or 59.4 million shares on a fully
diluted basis.


Quality Assurance/Quality Control 

Sample analysis for the current program was completed at Acme Analytical
Laboratories Ltd in Vancouver, BC. A comprehensive quality assurance/quality
control program including duplicate samples, blanks and standards form part of
the sampling protocol in addition to the laboratory's own quality assurance
program. The field program was supervised by Serengeti Resources Inc. staff and
the technical information in this news release has been prepared in accordance
with Canadian regulatory requirements as set out in National Instrument 43-101,
and reviewed by the Company's qualified person, David W. Moore, P. Geo.,
President and CEO of Serengeti Resources Inc. 


ON BEHALF OF THE BOARD 

David W. Moore, P. Geo., President, CEO and Director 

Cautionary Statement 

This document contains "forward-looking statements" within the meaning of
applicable Canadian securities regulations. All statements other than statements
of historical fact herein, including, without limitation, statements regarding
exploration plans and other future plans and objectives, are forward-looking
statements that involve various risks and uncertainties. There can be no
assurance that such statements will prove to be accurate and future events and
actual results could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from our expectations are disclosed in the Company's documents filed
from time to time via SEDAR with the Canadian regulatory agencies to whose
policies we are bound. Readers are advised not to place undue reliance on
forward-looking statements.


To view the map associated with this press release, please visit:
http://media3.marketwire.com/docs/SIR-0725-kwanikasouth.pdf.

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