Blue Pearl Mining Ltd.
TSX VENTURE : BLE
TSX VENTURE : BLE.WT

Blue Pearl Mining Ltd.

August 11, 2005 16:32 ET

Blue Pearl Grants Options To Directors And Officers

TORONTO, ONTARIO--(CCNMatthews - Aug. 11, 2005) - Blue Pearl Mining Ltd. (TSX VENTURE:BLE)(TSX VENTURE:BLE.WT) announces that, pursuant to its Stock Option Plan, it has today granted an aggregate of 2,226,000 stock options to eight directors and senior officers of the company. The options are exercisable at $0.60 for five years.

Blue Pearl Mining is currently conducting a feasibility study for development of its Davidson molybdenum deposit (formerly known as the Yorke-Hardy deposit) near Smithers, B.C.

To learn more about Blue Pearl Mining, please visit our web site at www.bluepearl.ca.

Shares outstanding: 40,569,382

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

Contact Information

  • Blue Pearl Mining Ltd.
    Ian McDonald
    Chairman & CEO
    (416) 860-1438, Toll Free: 1-800-827-0992
    or
    Blue Pearl Mining Ltd.
    Jim Borland
    Investor Relations Director
    (416) 860-1438, Toll Free: 1-800-827-0992
    info@bluepearl.ca
    www.bluepearl.ca
    or
    Renmark Financial Communications Inc.
    Christina Lalli
    (514) 939-3989
    clalli@renmarkfinancial.com