Serengeti Resources Inc. (TSX VENTURE:SIR)(FRANKFURT:34S) announces the results
from a drill program funded by Freeport-McMoRan of Canada Limited ("FMCC") on
the Tchentlo and Choo properties, which are located west of the Mount Milligan
mine development project in the Quesnel Trough, BC. Highlights of the program
include the intersection of structurally controlled mineralization in one hole
at Tchentlo, grading 0.73% Cu, 0.81 g/t Au, 8.4 g/t Ag, 0.05% Mo over 3.2
meters, and gold mineralization intersected in three widely separated holes on
the Choo property, with the best intercept of 1.53 g/t Au over 4 meters.




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Reported Analytical Results                                                 
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Property  Hole         From (m)    To (m) Interval (m)   Gold g/t   Copper %
----------------------------------------------------------------------------
Tchentlo  T-12-04          51.0      53.0          2.0       0.19       0.03
                     -------------------------------------------------------
                          103.0     105.0          2.0       0.21       0.02
                     -------------------------------------------------------
                          155.0     157.0          2.0       0.25       0.01
                     -------------------------------------------------------
                          219.0     224.7          5.7       0.34       0.02
          ------------------------------------------------------------------
          T-12-05          44.7      47.9          3.2       0.81       0.73
          ------------------------------------------------------------------
          T-12-05A         75.5      77.0          1.5       0.24       0.24
                     -------------------------------------------------------
                          126.0     128.0          2.0       0.13       0.12
                     -------------------------------------------------------
                          189.0     191.0          2.0       0.16       0.14
          ------------------------------------------------------------------
          T-12-07         170.0     172.5          2.5       0.10       0.16
          ------------------------------------------------------------------
          T-12-06, 08, 09 no significant values                             
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Choo      C-12-04         247.0     251.0          4.0       1.53       0.02
          ------------------------------------------------------------------
          C-12-06          73.0      75.0          2.0       0.38          -
                     -------------------------------------------------------
                          110.0     112.0          2.0       0.18          -
                     -------------------------------------------------------
                          126.0     134.0          8.0       0.55          -
          ------------------------------------------------------------------
          C-12-07         122.0     127.0          5.0       0.66       0.02
                     -------------------------------------------------------
                          144.8     147.0          2.2       0.74       0.04
          ------------------------------------------------------------------
          C-12-03, 05 no significant values                                 
----------------------------------------------------------------------------



A total of 2842 meters was drilled in 12 holes testing seven separate targets in
a program completed from mid-June to mid-July. Three of the holes at Tchentlo
(T-12-04, 05, 5A) tested a strong induced polarization (IP) and magnetic anomaly
with coincident Cu-Mo-Au-Pt soil anomalies. Scattered gold anomalism was
returned from hole T-12-04 and several zones of structurally controlled
copper-moly mineralization hosted in diorites and gabbro were intersected in
holes T-05, 5A collared from the same drill set-up.


On the Choo property, three very widely spaced holes (up to five kilometers
apart) encountered gold-anomalous intervals (1.53 g/t Au over 4 meters, 0.55 g/t
Au over 8 meters and 0.66 g/t Au over 5 meters) at or near the contacts of
andesite or feldspar porphyry dykes. 


The results from this recently completed drill program are being integrated with
the balance of the exploration data and evaluated to determine the appropriate
follow-up program.


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 conducting 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 $2.5 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.
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