Bell Resources Corporation
TSX VENTURE : BL

Bell Resources Corporation

September 25, 2007 08:48 ET

Bell Resources Corporation: Option Agreement With Golden Gryphon USA, Inc.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 25, 2007) - Bell Resources Corporation (the "Company") (TSX VENTURE:BL) announces that, subject to regulatory approval, it has entered into a purchase option agreement (the "Option Agreement") with Golden Gryphon USA, Inc. ("Golden Gryphon") wherein the Company has been granted an option to purchase 75% (the "Option") of Golden Gryphon's right, title and interest in and to the Golden Gryphon property located in Eureka County, Nevada known as Gryphon Summit (the "Property").

Under the terms of the Option Agreement, in order to earn a 75% interest in and to the Property, the Company must, among other things: (i) make cash payments to Golden Gryphon totalling US$1,900,000 over a three year period; and (ii) incur exploration expenditures totalling US$9,000,000 over a three year period.

About Bell Resources Corporation

Bell Resources is focused on the exploration, development and production of copper in the Americas. The Company continues to target new acquisitions based on geological potential and economic viability. For further information on Bell Resources visit www.bellresources.com.

On Behalf of the Board of Directors of Bell Resources Corporation

Brian Leeners, CFO & Director

Forward-looking statements in this release are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

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

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