Bluerock Resources Ltd.
TSX VENTURE : BRD

Bluerock Resources Ltd.

January 19, 2007 11:05 ET

Bluerock Resources Reports Assays and Defines New Target at Skull Creek Project Colorado

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Jan. 19, 2007) - Bluerock Resources Ltd. (TSX VENTURE:BRD) (Bluerock) announces initial drill results from the first three (3) drill holes on the Skull Creek Uranium Project in Colorado, USA. Diamond drilling encountered anomalous uranium in both the target coal horizon (Seam #2) and within the hosting sandstones. The first three holes were drilled below the Blueflame Adit that returned historic grades of up to 1.2% U3O8 (average grade in the adit is 0.31% U3O8 over 60.1 metres strike length). The Uranium mineralization appears to have been mobilized and deposited in a near surface blanket. Drill holes 1-3 were drilled below the enriched zone and encountered low but anomalous grades.

Surface sampling and drilling indicates that near surface sandstone rocks are mineralized in both the hanging wall and the footwall of the coal seam. Orientation drilling is ongoing to closer define a high grade zone before stepping out along strike. Of a 19.31 kilometre strike, historic surface sampling of the #2 coal seam has shown an average grade of 0.08% U3O8 from 23 sample sites.

The best assay result returned to date yielded 0.10% U3O8 hosted in the target coal horizon over 0.46 metres width at a depth of 160.7 metres in hole SC-06-01B. This hole is projected to be 180 metres below the enrichment zone. Near surface drilling intersected sandstone hosted uranium mineralization in drill holes SC-06-02 and SC-06-02A. (with grades of 0.021 to 0.025% U3O8 over widths of 0.6 to 0.9 metres and depths of 6.1 - 24.4m).

Coincidently with the drilling program, Bluerock geologists conducted surface mapping and geophysical testing of the target Sego Member of the Mesa Verde Formation for anomalous uranium. This work was successful in both confirming the expected uranium mineralization in the target coal (Seam #2) and also in sandstone units within the Sego Sandstone Formation.

Bluerock is actively working to secure a permit for the reopening and resampling of the Blueflame adit in the second quarter of 2007, and plans to follow this work with a drill program targeting the near surface (less than 30 metres depth) high grade (0.6% to 1.2% U3O8) mineralization as reported in historical work on the Skull Creek Project.

Michael Collins, President of Bluerock states, "The program to date has been successful in confirming the potential of a 'near surface' zone of uranium enrichment in the coal beds and the surrounding sandstones. The results from the current program will be extremely useful in guiding the next round of exploration work as the Bluerock moves towards outlining a conceptual resource amenable to an open pit operation."

Work on the Skull Creek Project is being conducted under an option agreement with Energy Metals Corp. (see News Release of August 14, 2006).

Paul D. Gray, P.Geo. is the Qualified Person with respect to the Skull Creek JV property and has reviewed and approved this press release. Split drill core samples were sent to ACME Analytical Labs in Vancouver B.C., Canada, for analysis by 41 element ICP-MS (1E-MS package). The ongoing QA/QC program relies on blanks and duplicate insertions within the sample stream and the internal QA/QC protocol at ACME Laboratories. The Down Hole Gamma Probe is operated by Century Geophysics of Grand Junction, Colorado. The downhole unit is calibrated both prior to, and subsequent to the probing of a drill hole to ensure accuracy in the calculated uranium values.

Bluerock Resources Ltd. is a uranium exploration company focused on discovering tomorrow's energy today through the acquisition and development of conventional uranium resources.

ON BEHALF OF THE BOARD OF DIRECTORS

Michael Collins, CEO, President and Director

Statements contained in this document that are not historical facts are forward-looking statements as that term is defined in the private securities litigation reform act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Such risks and uncertainties are detailed in the Company's filing with the B.C. Securities Commission.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information