Bluerock Resources Ltd.

Bluerock Resources Ltd.

November 27, 2006 09:00 ET

Bluerock Resources Ltd. Annouces Drilling Underway on the Betty Claims at Craigmont Copper Project

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Nov. 27, 2006) - Bluerock Resources Ltd. (TSX VENTURE:BRD) (the Company) reports that Christopher James Gold Corp. ("Christopher James") has commenced drilling on the Betty Claim adjoining its Craigmont Copper Project, located 18 kilometres west of Merritt, B.C. Christopher James has an option to earn 50% of the Betty claims from the Company by spending a total of $200,000 on exploration on the property.

The drilling plan on the Betty Claim consists of one deep vertical diamond drill hole (CJG06-01) 3 kilometres west of the historic Craigmont copper mine to test for ore-controlling structures in the folded mine limestone within the aureole of the Guichon batholith. This limestone has been traced by historic diamond drill holes and outcrop for 5 kilometres through the Craigmont property to the west boundary of the Betty claim, but in the western portion has not been drilled below 1250 metres (4000 ft.) elevation.

Diamond drill hole CJG06-01 is located between two previous drill holes where the structure has been re-interpreted to dip steeply between these holes - similar to the structures in the mine area. The hole is planned to test for skarn mineralization near the contact between the limestone unit that hosted the Craigmont mine and the Guichon Creek Batholith. Information gathered from this hole (CJG06-01) will facilitate the planning of further deep drilling. If sufficient mineralization is discovered it could be developed through re-opening the old underground workings.

The Craigmont mine was developed by open pit and three underground adits at 1067 metre (3500 ft.), 933 metre (3060 ft.), and the mill elevation at 732 metre (2400 ft.), and milled 36 million ton of 1.3% copper from 1961 to 1981. Original reserves (non NI 43 - 101) were 1.8% to 2.00% copper but were diluted by the inclusion of low grade ore from the open pit, and by the highly diluting sub-level caving underground mining method. A vertical hole through the No.1 ore body averaged 4.4% copper over 195 metre (640 ft.) and a hole across the No.2 ore body averaged 6.0% copper over 36.6 metre (120 ft.).

President Michael Collins comments, "While Bluerock is clearly focused on exploring and developing our uranium assets, the option agreement with a quality partner such as Christopher James demonstrates how we intend to maximize shareholder value from our non-core assets."

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 P.Geo., President

Bluerock Resources Ltd.

Risk Statement

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. Clifford C. Rennie P.Eng. is the Qualified Person with respect to the Betty.

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

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