Pershimco Resources Inc.
TSX VENTURE : PRO
FRANKFURT : BIZ

Pershimco Resources Inc.

April 27, 2011 18:25 ET

New Vice President Exploration of Pershimco

ROUYN-NORANDA, QUEBEC--(Marketwire - April 27, 2011) -PERSHIMCO RESOURCES INC. (the "Corporation" or "Pershimco") (TSX VENTURE:PRO)(FRANKFURT:BIZ) is pleased to announce the appointment of Mr. Jean Lafleur to the position of Vice-President Exploration.

Mr. Lafleur, director of the Corporation since November 2006, has over 30 years of mineral exploration experience in Canada and internationally. Mr. Lafleur has worked as a geologist, exploration manager and vice-president exploration for a number of companies in Canada and overseas over his 30 plus year career, most recently with Newmont, Placer Dome, McWatters Mining, Champion Minerals and Beartooth Platinum. For the past seven years, he has been a Mineral Exploration Consultant, not only leading multidisciplinary 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.

Mr. Alain Bureau, P. Eng., President and CEO of Pershimco, stated: "We are grateful that Jean has agreed to get involved as much and participate in the advancement of the Corporation. With his 30 years experience in the field of exploration and mining, Jean will contribute significantly to the value of our Corporation".

Granting of options

The Corporation announces also the granting, pursuant to its Stock Option Plan, of 1,400,000 options, 200,000 of which to Mr. Lafleur and the remainder to its officers, consultants, key employees and directors. Each option is exercisable at a price of $0.40 for a period of five years from the date of grant.

About Pershimco Resources Inc.

Pershimco Resources Inc. is a Canadian-based resource and exploration corporation listed on the TSX Venture Exchange (symbol PRO) and the Frankfurt Exchange (symbol BIZ). The Corporation holds several mining properties in Canada and South America including the recently acquired Cerro Quema advanced project in Panama and the Courville Gold Project, in the Val-d'Or Gold Mining Camp. The Corporation is managed by skilled, reputable people with extensive mining exploration and development experience. The Pershimco Team and our investors are the key to our success.

The Corporation's documents are available on www.sedar.com.

For more information, please visit the Corporation's website at www.pershimco.ca.

Statements made in this news release that are not historical facts are "forward-looking statements" and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these "forward-looking" statements.

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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