Elissa to Commence High Resolution Airborne Geophysical Survey at its Thor REE Project, Nevada

Elissa to Commence High Resolution Airborne Geophysical Survey at its Thor REE 
Project, Nevada 
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/14/13 -- Elissa
Resources Ltd. ("Elissa" or the "Company") (TSX
VENTURE:ELI)(OTCQX:ELSRF) reports that it is initiating a
comprehensive, high resolution combined radiometric-aeromagnetic
survey on its 100% owned Thor Rare Earth Project, Nevada, located
about 28 km (17 miles) east of Molycorp Minerals' Mountain Pass REE
deposit and processing facility in nearby California. The
helicopter-flown program, to be conducted by Precision GeoSurveys
Inc. of Vancouver, Canada, will survey in detail about 75% of the
14.8 sq. km area (9 sq. miles) of the Thor property block, covering
all currently identified trends and outlying areas of known or
suspected heavy and light rare earth element (REE) mineralization. It
will be the most extensive and comprehensive airborne geophysical
survey yet conducted at the Thor Project. Elissa -anticipates this
survey will generate further future REE drill targets and hopes it
will also offer support to the hypothesis that the Lopez Trend on the
Thor Project may be the eastern folded edge of a possibly very much
larger lithologically-controlled REE-bearing system.  
The REE mineralization encountered in the Thor Project 2012 phase-one
drilling program is hosted by an apparently widespread biotite-rich
alkali granite/syenite unit. Ongoing studies of core samples from the
drilling program by outside independent consultants and university
researchers suggest the mineralization may have formed as part of the
rock body itself. Petrographic studies (by Dr. Virginia Gillerman,
Economic Geologist with experience in REE-mineralization) indicate
that the mineralization encountered in the drilling is associated
with abundant biotite-rich zones (or layers) within the host unit,
occurring as small indistinct "veins" of apatite-monazite
(REE-bearing phosphate minerals) that follow grain boundaries. There
is little or no evidence of open-space fracture filling suggesting
that the REE minerals may have been emplaced from within the rock
itself while the rock was still in a plastic, slightly molten state.  
Results of the Thor phase-one drilling, which focused almost entirely
on sections of the Lopez Trend, 
included 9.8 m (32 ft) of 1.05% total
REO (rare earth oxides) with a 1.8 m (5.9 ft) zone containing 3.28%
total REO with up to 18% of the REO mineralization comprised of the
desirable and valuable heavy rare earth elements (refer to June 19,
2012 news release for additional assay details). It is now thought
that the Lopez Trend represents part of the eastern limb of a very
large, perhaps overturned, fold with the nose and similarly sized
western limb of the fold, known as the Santos Trend, largely
concealed by shallow alluvial cover. If so, the total strike length
of units equivalent to the REE-bearing host exposed along the Lopez
Trend could be 6 km or more. The upcoming helicopter survey will fly
more than 400 km (248 miles) of regular-spaced lines and tie lines
covering an 11 sq. km (6.8 sq. miles) portion of the Thor property
block. The survey will provide detail for the 2.5 km (1.5 miles)
long, partially exposed, partially tested Lopez Trend, for the
similar sized but covered and untested Santos Trend, for the outlying
NED and Black Butte areas, and for other scantly explored or
unexplored areas. Elissa expects the survey will commence within one
week and results within four weeks of this news release. Pending a
review and study of the results, Elissa intends to outline a
phase-two drill program designed to target a possible REE-bearing
rock system of significant size.  
The technical information outlined in this news release, has been
reviewed and approved by Mel Klohn, PGeo, Director of Elissa
Resources, and a Qualified Person as defined in the current National
Instrument 43-101. 
On behalf of the Board of Directors of Elissa Resources Ltd.  
Paul McKenzie, President and CEO 
About Elissa Resources Ltd. 
Elissa Resources is advancing its 100% owned Thor heavy and light
rare earth element (REE) project in Nevada, 28 km (17 miles) east of
Molycorp Minerals' Mountain Pass REE deposit and processing facility,
California. Elissa also owns a 100% interest in the Ulysses REE
Project located in eastern Idaho and south-western Montana. 
Statements in this press release other than purely historical
information, including statements relating to the Company's future
plans, objectives or expected results, constitute forward-looking
statements. Forward-looking statements are based on numerous
assumptions and are subject to the risks and uncertainties inherent
in the Company's business, including risks inherent in mineral
exploration and development, and uncertainties in connection with
anticipated commodity prices for minerals, growth of worldwide market
demand, exploration capital requirements, length of asset life and
availability of qualified personnel, among others. As a result,
actual results may vary materially from those described in the
forward-looking statements.  
"Neither The TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this
Elissa Resources Ltd.
Paul McKenzie
President and CEO
+1 604 662 3692
+1 604 662 3691 (FAX)
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