Business NewsMarketWire • Sky Alliance Resources Inc. (SARI) Received 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 in Order to Define Before the Year-End Inferred Resource JORC or NI43-101 Compliant

Sky Alliance Resources Inc. (SARI) Received 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 in Order to Define Before the Year-End Inferred Resource JORC or NI43-101 Compliant

Sky Alliance Resources Inc. (SARI) Received 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 in Order to Define Before the Year-End Inferred Resource JORC or NI43-101 Compliant

HONG KONG--(Marketwire - July 16, 2010) -  On October 8, 2008, the company Sky Alliance Ressources Guinée SA, a fully owned subsidiary of Sky Alliance Resources Inc. (SARI or the Company), was granted a permit for the exploration of iron ore in Forécariah (located southwest of the Republic of Guinea).

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Sky Alliance Resources Inc. (SARI) Received 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 in Order to Define Before the Year-End Inferred Resource JORC or NI43-101 Compliant