SRS Sorrento Resources Ltd

Shamrock Enterprises Inc. ("Shamrock" or the "Company") (CNSX:SRS) is pleased to
announce that it has filed an NI 43-101 compliant Technical Report (the
"Technical Report") in respect of the Fireweed Property located approximately 80
km north of Smithers, B.C. in the Omineca Mining District of British Columbia. 


The Technical Report, entitled "Technical Report On The Fireweed Property,
Babine Lake Area, Omineca Mining Division" was co-authored by Marvin A.
Mitchell, P.Eng. and W.A. Howell, P.Geo., who are "qualified persons" as defined
by National Instrument 43-101. The Technical Report is dated effective July 19,
2012 and may be found under the Company's profile on SEDAR at www.sedar.com. 


The Company also announces that it has arranged a non-brokered private placement
offering of up to 8,000,000 Units at $0.15 per Unit for gross proceeds of up to
$1,200,000. Each Unit consists of one common share and one-half common share
purchase warrant. Each whole Warrant shall be exercisable to acquire an
additional common share for a two year period, at $0.25 per share in the first
year and at $0.35 per share in the second year. The Company may pay to
authorized persons who locate and introduce investors a cash commission of 7% of
the gross proceeds received. In addition, the Company will grant up to 560,000
half Warrants based upon the Offering being fully subscribed. Each whole Warrant
is exercisable into one share for a two year period from the date of issuance of
the Warrants with at an exercise price of $0.25 per share during the first year,
and an exercise price of $0.35 per share during the second year. 


The Company intends to use the net proceeds to carry out the Phase 1 and 2 work
programs as recommended in the Technical Report, and to apply the balance to
property payments and unallocated working capital. 


About Fireweed: The Fireweed Property is a polymetallic (Ag, Zn, Pb, Cu, Au)
discovery of massive sulphide and sulphide replacement type mineralization. The
region has seen active mineral exploration since the turn of the century with
numerous producers. Examples are the Granisle Mine (10 km to the southeast),
Bell Copper Mine (5 km to the east) and the undeveloped Morrison Deposit (17 km
to the northeast). One of the most significant was the Equity Silver Mine at
Goosly Lake with very similar mineralization to Fireweed. Pursuant to a Letter
of Understanding with Pachamama Resources Ltd. dated February 17, 2010 the
Company has an exclusive option to acquire an initial 50% interest, with the
right to earn up to a 70% interest in the Fireweed Property. 


About Shamrock: Shamrock Enterprises Inc. is a Canadian-based junior mining
exploration company focused on the procurement, exploration and development of
silver and other precious metal properties in North America. The Company's
Shares are listed and posted for trading on the Canadian National Stock Exchange
("CNSX") under the symbol "SRS".


On behalf of the Board,

Gordon Osinchuk, President

Forward Looking Statements: This news release may contain forward looking
statements including but not limited to, information regarding geological
interpretations, resources, potential timing and content of exploration
programs, production schedules and projections, receipt of permits, company
financings etc. Forward looking statements refer to events and conditions which
have not yet taken place and therefore involve inherent risks and uncertainties.
Actual results may differ materially from those anticipated in these statements.
Shamrock Enterprises Inc. relies on litigation protection for forward looking
statements.

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