Serengeti Announces Drill Mobilization to UDS Property & Start of Drilling at Milligan West Project

NR: 2017-10

Serengeti Announces Drill Mobilization to UDS Property & Start of Drilling

at Milligan West Project

Vancouver, B.C., September 19, 2017, Serengeti Resources Inc. (SIR:TSX-V) announces that a drill has been mobilized for

the Company’s maiden exploration drilling on the UDS property. Drilling will include testing a very strong induced polarization

(IP) geophysical anomaly associated with a strong copper -zinc-gold soil geochemical response and favourable altered volcanic

host rocks on its 100% held UDS property , located seven kilometers northeast of the former producing Kemess South open pit

mine, now owned by Aurico Metals Inc. Kemess produced 3 million ounces of gold and 360,000 tonnes of copper between 1997

and 2011*. Serengeti views the target at UDS as having the size and intensity to host a significant sulphide system at relatively

shallow depth.

Three hole s, totalling approximately 1200 metres are currently planned as an initial test and the program may be expanded

dependent on drilling progress, weather and results.

Serengeti first identified the target at UDS in the course of a ground geophysical survey along four widely s paced lines on the

property in the fall of 2016 . Three of the lines covered valley bottom located along a major structure northeast of the Kemess

South open pit and east of the Kemess Underground and Kemess East deposits. The IP chargeability zone crosses the UDS

property boundary at depth from the south where prior mine operator Northgate Minerals identified a deep, fairly weak anomaly

associated with a small body of Black Lake monzonite which is the host to all three copper-gold deposits in the district. The IP

chargeability anomaly increases in strength to the northeast reaching values of 40 mV/V and comes close to surface on the

northernmost line where it remains open for expansion. Currently identified ext ent of the target is approximately 900 by 1500

metres. Please go to the UDS property section of Company’s website to view images of the location and IP stacked sections of

the anomaly (http://www.serengetiresources.com/s/uds.asp). Soil sampling by a prior owner in 2004 outlined an area of elevated

copper-zinc-gold geochemistry coincident with and immediately upslope of the newly identified geophysical target . Limited

sampling by Serengeti staff in 2014 in the target area, substantiated the original soil anomaly and i dentified pyritic Takla

volcanics, which lie directly above the three nearby c opper-gold deposits. Furthermore, rock sampling, trenching and very

shallow drilling by an earlier owner in 1989, 600 met res further to the north of the current target area ident ified scattered gold-

silver-polymetallic mineralization which is commonly developed peripheral to, or above porphyry systems.

* Aurico Metals Inc., Kemess Underground Technical Report, May 2016.

Milligan West property

The Company further announces that drilling has begun on the Milligan West property (see news release NR 2017-09,

September 6th, 2017) . Drilling will include testing a very strong induced polarization (IP) geophysical anomaly identified on the

Milligan West property, located four kilometer s west of the currently producing Mt. Milligan Mine owned by Centerra Gold

Inc. The Milligan West property is owned 56.3% by Serengeti and 43.7% by Fjordland Exploration Inc.

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 in partnership with Daewoo Minerals

Canada and exploring its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia. A

number of these other projects are available for option or joint venture and additional information can be found on the

Company’s website at www.serengetiresources.com.

ON BEHALF OF THE BOARD

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

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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 as well as a comprehensive list of risk factors ar e disclosed in the

Company’s documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward -

looking statements are based on the estimates and opinions of management on the date the statements are made, and we do not undertake

any obligation to update forward-looking statements should conditions or our estimates change, other than as required by law and readers are

further advised not to place undue reliance on forward- looking statements. The information in this News Release related to the Kwanika

Copper/Gold Project was derived from the PEA. Statements pertaining to projected revenues and cash flows, quantity and grade of mineralized

materials, estimated mineral prices are forward-looking statements. The Company cautions that this PEA is preliminary in nature, and is based

on technical and economic assumptions which will be evaluated in further studies. The PEA is based on the current (as at January 2017)

Kwanika estimated resource model, which consists of material in both the indicated and inferred classifications. Inferred mineral resources are

considered too speculative geologically to have technical and economic considerations applied to them. The current basis of project information

is not sufficient to convert the mineral resources to mineral reserves, and mineral resources that are not mineral reserves do not have

demonstrated economic viability. Accordingly, there can be no certainty that the results estimated in the PEA will be realized.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Investor Relations: Paradox Public Relations Tel: 514-341-0408 Toll free (in North America) 1-866-460-0408

Email [email protected]

Serengeti Resources Inc. Suite 520 – 800 West Pender St., Vancouver, BC V6C 2V6

Tel: 604-605-1300 Email: [email protected] Website: www.serengetiresources.com