Sarissa Announces the Members of its Mining
Advisory Board
Toronto, Canada, July 10, 2017 - InvestorsHub NewsWire - Sarissa
Resources Inc. (OTC Markets: Pink
SRSR) (Sarissa or the Company), announces the members of its
Mining Advisory Board who will assist in the renewed development of
its Nio-Star Corporation subsidiary's Nemegosenda specialty metals
(niobium) and rare earth project located near Chapleau Ontario,
Canada.
Dan Byrnes, President, stated, "We are extremely pleased to be
able to bring such a dedicated, talented and experienced group of
mining and specialty metals experts to the Nemegosenda
project. The detailed work, knowledge and practical
experience this group has provided to the company over the past
several months has allowed us to design both a long term and short
term action plans for the rapid development of this project.
We have already begun the implementation of the first phase of this
plan which is expected to significantly de-risk the project in the
short term.
Otto Pichler, Director, added I couldn't be happier to
coordinate and to guide the different professionals of the project
team together with the advisory board over the past few months
towards our short-term targets. I have enjoyed the collaboration
between the team members, the advisory board and our contracted
geological vendors and laboratories. These individuals and
entities possess the necessary know-how and required experience to
design and implement the development plan for this promising
project."
The advisory board is comprised of:
Don Hains, P. Geo.: Mr. Haines is an
industrial mineral exploration and economic geologist with more
than 30 years of experience in development, use, and analysis of
industrial mineral properties and materials. He has held
product research and business development responsibilities with
Fiberglas Canada Inc. and Domtar Construction Materials and has
been consulting in the field of industrial mineral markets and
economics for the past 30 years. His experience encompasses most of
the industrial minerals and several specialty metals, especially
antimony, lithium, tantalum, niobium, gallium, germanium and rare
earths. Assignments have ranged from valuation reports to
feasibility and market studies. He is a registered professional
geoscientist in Ontario (#0494) and a Professional Member of the
SME (#4175075). Mr. Haines is also the author of the Best Practice
Guidelines for Reporting of Lithium Brine Resources and Reserves
and a co-author of the Best Practice Guidelines for Reporting on
Industrial Minerals Resources and Reserves. These guideline
documents provide recommended best practice when reporting
resources and reserves under NI 43-101. Mr. Haines
holds Hons. B.A. (Chemistry) Queens University, Canada (1974)
MBA, (Finance and Marketing) Dalhousie University, Canada
(1976)
Jack Lifton: Mr. Lifton is an independent
consultant and commentator, focusing on the market fundamentals and
future end use trends of the rare metals. He specializes in the
sourcing of nonferrous strategic metals and on due diligence
studies of businesses in that space. His work includes exploration,
mining, refining and the recovery of metal values by the recycling
of not only metals and their alloys but also of metal-based
chemicals used as raw materials for component manufacturing. Mr.
Lifton has more than 55 years of experience in the global OEM
automotive, heavy equipment, electrical and electronic, mining,
smelting, and refining industries. His background includes the
sourcing, manufacturing, and sales of platinum group metal
products, rare earth compounds metals and magnet alloys, lithium,
cobalt, graphite and ceramic specialties used to make catalytic
converters, oxygen sensors, battery components, and fuel cells. He
is knowledgeable in locating and analyzing new and recycled
supplies of 'minor metals' including niobium, lithium, cobalt,
tellurium, selenium, indium, gallium, silicon, germanium,
molybdenum, tungsten, manganese, chromium, and the rare earth
metals.
Today Mr. Lifton primarily consults to process technology
vendors and their clients, as well as to institutional investors
doing due diligence on metals related opportunities, natural
resource ventures, and on process technologies and their markets.
He has given invited talks on aspects of the rare earths and
battery materials industry to the EU Commission; the US Defense
Logistics Agency; Japan's MITI; and the Chinese Society for Rare
Earths as well as to select committees of the governments of the
USA, France, Sweden, and Japan. Mr. Lifton wrote a weekly column on
minor metals for Resource Investor for three years until December
2008, during which he authored more than 125 original articles. He
also speaks on minor metals fundamentals and end-uses at private,
public, and professional meetings. Since 2008 Jack has written more
than 500 articles, and since 2007 he has made presentations at
conferences, seminars, and workshops all over the world more than
100 times.
Elbert Loois:
Mr. Loois is Managing Partner of HiTech Materials Advisory and the
former Head of Business Development of the RA Rohstoffallianz GmbH
/ Resource Alliance. The RA was founded by major consumers of
materials, which include companies such as BMW, Daimler,
Volkswagen, Bosch, ThyssenKrupp, Aurubis, BASF, Rockwood
Lithium/Albemarle. His focus areas comprise strategic business
modeling, commodities intelligence, securing of material supply
chains and off-take arrangements for e-mobility and light-weight
construction industries.
Further past functions of Mr. Loois are General Manager of IMC
International Mining Consultants at DMT GmbH & Co. KG and
Senior Project Manager for Mining Activities at RWE Power AG. He
has been trusted with the operational responsibilities for major
multinational enterprises and is a successful and internationally
experienced executive manager with high affinity to energy and
material intensive industries.
Mr. Loois holds an M.Sc. Mining Engineering degree from Delft
Technical University and MBA from Manchester Business School and
has more than 15 years of experience in international business
development and acquisitions as well as in technical project
lead.
Paul
H. Mardsden:
Mr. Marsden is an experienced senior executive with a wide
range of technical and commercial skills, as well
comprehensive understanding of the iron ore markets, mining
and steel industry developments, as well as the practical and
commercial risks involved with development projects. Extensive
knowledge of iron ore product development and iron-making
metallurgical processes, as well as the strategic requirements of
the iron ore and steel industries. Over 35 years of
experience gained globally and have been a consultant to major
industrial, financial and government institutions.
Worked with projects in iron ore, direct reduced iron (DRI), scrap
steels, copper, gold, silver, tin, tungsten, niobium, tantalum,
lead, zinc, and coal. Mr. Marsden holds Bachelor of Science
(BSc), Geological Sciences from Aston University, Birmingham, UK,
Chartered Engineer (C Eng.), Chartered Scientist (CSci), Member of
the Institute of Materials, Minerals and Mining (IoM3),
Qualified Person under NI43-101 and JORC codes.
Mr. Mardsden presently is the Managing Director of
Nordic Iron Ore AB, Directing the company through the final stages
of feasibility studies and into the main financing of the project.
Responsible for the marketing of the company, as well as efforts to
secure off-take agreements and future investment/partnerships.
About Sarissa Resources Inc.
Sarissa Resources Inc. is a mining development company with
interests in properties in Northern Ontario, Canada. Sarissa
and Nio-Star are specifically focused on the development of the
Nemegosenda niobium project.
For further information contact:
Sarissa Resources Inc.
Telephone: +1-702-550-2347
Email: ir@niotechcorp.com
Forward-Looking Statements Certain statements in this press
release may be considered forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
These forward-looking statements may include projections of matters
that affect revenue, operating expenses or net earnings;
projections of growth; and assumptions relating to the foregoing.
Such forward-looking statements are generally qualified by terms
such as plans, anticipates, expects, believes or similar words of
like kind. Forward-looking statements are inherently subject to
risks and uncertainties, some of which cannot be predicted or
qualified. Future events and actual results could differ materially
from those set forth in, contemplated by or underlying the
forward-looking information. These factors are discussed in greater
detail in the Company's business plan and filings with the OTC
Markets.