BE Resources Inc.
TSX VENTURE : BER

BE Resources Inc.

October 20, 2010 09:00 ET

BE Resources Inc.: Drilling Update

TORONTO, ONTARIO--(Marketwire - Oct. 20, 2010) - BE Resources Inc. (TSX VENTURE:BER) ("BE" or the "Company") announces that it has received a modification to its Warm Springs Beryllium Project permit to allow drilling to a depth of 2,000 feet instead of the 1,000 feet allowed by the permit as initially issued. The Company made a decision to seek this modification after it completed its drilling and reclamation of the first borehole. During exploration activities, it was determined that the borehole depth of 1,000 foot per borehole was not sufficient to fully penetrate the vertical extent of all of the exploration targets at each borehole location. This modified exploration program is expected to reveal additional valuable information regarding the vertical extent of the mineralized targets in the volcanics of Monticello Gap and help to develop data that would not otherwise have been available this early in the exploration program.

The Company is currently in the process of drilling the second of a five hole program. The second hole, which has been drilled to a depth of 840 feet as of today, is one-quarter mile from the first hole. Samples from the first bore hole have been obtained and will be sent to ALS Chemex for assaying. ALS Chemex is a leading provider of assaying and analytical testing services for mining and mineral exploration companies.

About BE Resources Inc.

BE Resources Inc. is a junior mineral exploration company focused on advancing the exploration and development of its Warm Springs beryllium project in New Mexico. For more information please visit BE's website at www.beresources.com.

Certain statements contained in this news release may contain forward-looking information within the meaning of United States and Canadian securities laws. Such forward-looking information is identified by words such as "estimates", "intends", "expects", "believes", "may", "will" and include, without limitation, statements regarding the Company's expectation that the verticle extension of drilling will reveal additional valuable information and help to develop data that would not otherwise have been available this early in the exploration program. It is possible that the verticle extension of drilling may not necessarily add valuable information, given that drilling targets have been selected based on the Company's conceptual model of the deposit, which may or may not intersect mineralization. Investors are cautioned not to put undue reliance on forward-looking information. Except as otherwise required by applicable securities statutes or regulation, the Company expressly disclaims any intent or obligation to update publicly forward-looking information, whether as a result of new information, future events or otherwise.

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 release.

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