Mira Resources Corp. and its fully owned subsidiary Equinox TSB Development (Nigeria) Limited report the completion of the RPS Energy Independent Resource Assessment for the Tom Shot Bank Field. The Discovered Contingent Resources have grown 259% from the P 50 (2C) estimate in the previous 2010 NSAI Certified Contingent Resources (8.67 MMstb) completed prior to the reentry of TSB 1 to 22.44 MMstb after the re-entry and testing of TSB 1 in 2011.

Mohammed Asibelua, Chairman of Mira states, "We are pleased to announce the completion of the work independently completed by RPS Energy documenting the significant growth in Discovered Contingent and Prospective Resources at Tom Shot Bank Field. We are continuing with the undiscovered Prospective Resource Assessment in Nigeria where we will have more input on the work status and timing. We would like to thank RPS Energy for their excellent work and advice throughout the project."

Tags: Mira Resources Corp.