Elissa Resources Ltd. ("Elissa" or the "Company") (TSX VENTURE:ELI)(OTCQX:ELSRF)
announces that it will extend the expiry date of an aggregate 12,389,750
outstanding share purchase warrants. The subject warrants were originally issued
on March 4, 2011 with original expiry date of two years. The new expiry date
will provide a three year extension. The warrants continue to be exercised at
their original exercise price.


The amendment to the terms of the warrants is subject to TSX Venture Exchange
approval and any regulatory approvals.


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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Elissa Resources Ltd.
Paul McKenzie
President and CEO
+1 604 662 3692
+1 604 662 3691 (FAX)
info@elissaresources.com
www.elissaresources.com
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