Pershimco Resources Inc.
TSX VENTURE : PRO

Pershimco Resources Inc.

November 07, 2006 09:35 ET

Jean Lafleur and Jean-Yves Laliberte Join Pershimco

ROUYN-NORANDA, QUEBEC--(CCNMatthews - Nov. 7, 2006) - Pershimco Resources Inc. (TSX VENTURE:PRO) is pleased to announce that Mr Jean-Yves Laliberte and Mr. Jean Lafleur will be joining the Company's Board of Directors.

Mr. Jean-Yves Laliberte, C.A., has been involved in every aspects of mining throughout his career, which has made him a leader in this sector. Involved with various mining companies, his ascension in the mine production sector, combined with a parallel academic career, permitted him to become Controller (1989-1994) and Vice-President, Finance (1994 to 2006) for gold producer, Richmont Mines Inc. M. Laliberte is also CFO for Scorpio Mining Corporation. All along in his career, M. Laliberte has been able to demonstrate at numerous occasion his capacities as a "mine builder".

Mr. Lafleur, M. Sc., P. Geo., has worked as a geologist, exploration manager and vice-president exploration for a number of companies in Canada and overseas over his 25 plus year career, most recently with Placer Dome, McWatters Mining, Crowflight Minerals and Beartooth Platinum. For the past three years, he has been a Mineral Exploration Consultant, not only leading multi-disciplinary teams in the search for gold, base metals, platinum-palladium, nickel and uranium, but also in the marketing junior companies and projects to the investment community. He is a Director of Eloro Resources Ltd and Champion Natural Health.Com. Inc. M. Lafleur is also Chairman of the Board for NioGold Mining Corp.

Pershimco President, Mr. Roger Bureau comments " We are delighted by the addition of a Mr. Lafleur and Mr. Laliberte so well versed in today's cutting edge exploration and mining technology, finance and marketing, who at the same time, carry more than 50 years in the industry. This is a significant addition to Pershimco growth prospects . (...)"

ON BEHALF OF THE BOARD OF DIRECTORS

Roger Bureau, President

About Pershimco Resources Inc.

Pershimco Resources Inc. is a Canadian based junior resource and exploration company trading under the symbol PRO on the TSX Venture Exchange. The Company holds 100% of several mining properties including the Courville Gold Project, near the Val-d'Or Gold Mining Camp, The Company also has an option to acquire 100% of a number of Canadian and Mexican properties including multiple properties in the State of Chihuahua. Mexico. Pershimco's wholly owned San Miguel Silver-Zinc Property, in the Cusi Mining District is under option to Dia Bras Exploration (TSX-V: DIB). Both partners are aggressively advancing the Property towards the pilot mining stage by the first quarter of 2007.

The Company's strategy is to advance its exploration properties towards metal reserves and eventual production, covering the exploration and development of the Courville Gold Project. Pershimco's management expects positive results from the pilot mining program at San Miguel.

FORWARD-LOOKING STATEMENTS -- This press release contains forward-looking statements reflecting Pershimco objectives, estimates, expectations and the impact of acquisitions on Pershimco's financial performance. These statements are identified by the use of verbs such as "believe", "anticipate", "estimate", and "expect" as well as by the use of future or conditional tenses. By their very nature, these types of statements involve risks and uncertainty. Consequently, reality may differ materially from Pershimco's projections or expectations.

Contact Information

  • Pershimco Resources Inc.
    Mr. Roger Bureau
    President
    866-797-2180
    819-797-9617 (FAX)
    www.pershimco.ca