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HONG KONG. July 14th 2010. Preliminary report from SRK Consulting on NOVATEM very high resolution helicopter borne magnetic survey over the Kissi Kissi series of Forecariah; SRK provided SARI with a drilling programme and identified targets over an exploration target size of just over 10 billion tonnes in order to define before the year-end inferred resource JORC or NI43-101 compliant Click here to download full Press Release

HONG KONG. July 1st 2010. Confirmation of SARI's rights for the Forecariah iron ore permit. Click here to download full Press Release


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May 2010 - SRK Consulting of Australia completed a Geological review of the Forecariah permit, ground-truth interpretations, validated historic data and will compile a JORC-compliant report on the exploration tenement in form of a Competent Person's Report (CPR) before end of July 2010. This will also include full interpretation of the NOVATEM magentic survey and will provide drill targets an exploration strategy and programme.

April 2010 - NOVATEM completed their very high resolution helicopter borne magnetic survey over the Kissi Kissi series of Forecariah, in excess of 5 substantial iron ore mineralisation identified.

HONG KONG. April 29th 2009. Sky Alliance Resources Inc (SARI) signed with NOVATEM Inc. of Canada (www.novatem.com) a contract for a very high resolution helicopter borne magnetic survey over the Kissi Kissi series of Forecariah in Republic of Guinea.Click here to download full Press Release

January 2009 - Airborne magnetic and radiometric geophysical survey interpretation report on Forecariah submitted to the board.

October 2008 - SARI acquired West Africa most sought after Iron Ore exploration permit Forecariah, as well as Kerouane in the Republic of Guinea.

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Forecariah Airborne Survey Interpretation from Amtec concludes:


Abstract:

The Forecariah Permit area covers known iron, gold, diamond and ilmenite deposits and has significant exploration potential. The geophysical data indicates that most of the known iron and gold mineral occurrences are associated with a very strong NNW trending magnetic anomaly about 30 km in length that is indicative of a banded iron formation that hosts both iron and gold mineralisation and represents a high-priority exploration target.

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