SOURCE: Geopulse Exploration Inc.

Geopulse Exploration Inc.

March 23, 2011 04:00 ET

Geopulse Exploration Acquires Utah Copper Property

ALBUQUERQUE, NM--(Marketwire - March 23, 2011) - Geopulse Exploration Inc. (OTCBB: GPLS) announces the acquisition of a 640 acre metalliferous mineral lease in the Lisbon Valley of San Juan County, Utah. This Property is located in the proven mineral/copper rich Paradox Basin area. It was strategically purchased for its copper exploration potential.

The Lisbon Valley Property is favorably located only a few miles from one of Utah's largest copper production properties, the Lisbon Valley Copper Mine. At full production, this mine was producing over 27,000 tonnes of copper ore annually.

Utah State is host to some of the Nation's largest copper production facilities. Copper is the largest contributor of nonfuel minerals in Utah, with a value of over $1.7 billion and an output of nearly 20 million pounds annually. For more than a century Utah has been one of the world's largest copper producers.

Management's corporate strategy is to be a project explorer, generator, and operator with an objective to option and/or joint-venture projects with major and junior mining companies through to production. The Company will also expand through the exploration of base and precious metal opportunities.

Currently Geopulse Management is completing due-diligence and reviewing several national and international resource projects for future acquisition. Each project offers a different stage or phase of entry. The initial project site objectives will be located in the continental US with future expansion goals aimed for Central or 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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