SOURCE: Geopulse Exploration Inc.

Geopulse Exploration Inc.

April 10, 2012 07:00 ET

Geopulse Completes Phase Four Expansion

ALBUQUERQUE, NM--(Marketwire - Apr 10, 2012) - Geopulse Exploration Inc. (OTCQB: GPLS) (OTCBB: GPLS) has finalized the fourth phase expansion program of its Utah Mineral Acquisition Strategy. This is the Company's fourth Utah property asset acquisition, which includes three potential gold/copper purchases and one potash lease.

Utah Trust Lands Mining Division has now given full property and mining rights to Geopulse Exploration for this property. The Company believes this location offers excellent gold and copper exploration potential based on the massive finds only a few miles away, such as the Lisbon Valley Copper Mine; once one of the largest copper and gold producers in Utah. At full production, this mine was producing nearly $255,000,000 of copper ore annually at today's prices.

Utah is the third largest gold producing State in the U.S., with a production value of over $550 million in 2009 alone. For more than a century, Utah has also been one of the world's largest copper producers, with an annual value of over $1.7 billion and an output of nearly 20 million pounds.

Geopulse's business strategy is to assess, secure, and operate viable properties through Company expertise or joint venture programs. The Company's initial project site objectives are focused in Utah and continental North America, with future expansion goals aimed for Central and South America.

Safe Harbor for forward-looking statements

This release contains certain statements that are "forward-looking" statements (as the term is defined in the Private Securities Litigation Reform Act of 1995). Any such forward-looking statements are inherently speculative and are based on currently available information, operating plans and projections about future expectations and trends. As such, they are subject to numerous risks and uncertainties, such as general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations, and other factors over which Geopulse Exploration Inc. has little or no control. Actual results and performance may be significantly different from expectations or trends expressed or implied by such forward-looking statements. Geopulse Exploration Inc. expressly disclaims any obligation to update the statements contained in this release.

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