SOURCE: Pepper Rock Resources Corp.

Pepper Rock Resources Corp.

March 31, 2011 08:00 ET

Pepper Rock Resources Acquires Interest in Gold/Copper Deposit in Canada

LOS ANGELES, CA--(Marketwire - March 31, 2011) - Pepper Rock Resources Corp. (OTCBB: PEPR) (the "Company") is pleased to announce it has entered into an exclusive option agreement to acquire a 70% interest in certain mineral claims known as the Man/Prime properties located in British Columbia, Canada. The agreement includes an overriding 2% net smelter royalty to a third party and first right of refusal to acquire the balance of the property rights.

The 1,544 hectares property is located east of Missezula Lake on the Thompson Plateau of south-central British Columbia and the exploration target is alkalic copper-gold porphyry deposits. Man/Prime offers good access by a network of logging and exploration roads to Princeton, BC, a historic mining town 36 km to the south.

Copper-gold mineralization has been identified in the area since the 1930s. Newmont Mining extensively explored the Man/Prime property from 1979 to 1981 including soil sampling, geological mapping, induced polarization (IP) and ground magnetometer surveys, trenching and 2,550 metres of diamond drilling. Newmont's drill intercepts were reported as returning 63.6 m of 0.45% copper and 0.76 g/t gold in hole 80-2. From 1981 to 1992, further geophysical surveys, soil sampling and 1,508 m of drilling were completed and drilling was undertaken at Man/Prime in 1988 by Brican Resources Ltd with reported assays of 193.9 m of 0.29% copper and 0.27 g/t gold in hole 321-01 and 28.0 m of 0.33% copper and 0.57 g/t gold in hole 321-04. The deposit is situated within the southern portion of the Quesnel Trough (Terrane) in alkalic volcanic rocks and co-magmatic intrusives of the Triassic Nicola Group.

Given the documented occurrences of consistent and potentially commercially viable copper values and consistent gold shows, the Company intends to commence a work program as soon as practical in order to geologically map the property and undertake a re-examination of the 2007 and 2008 drill cores of both the Prime and the Man Zones and to re-open, extend, and re-examine old trenches, outline existing geochemical anomalies, and close gaps in the soil grid along with a full interpretation of IP and magnetic surveys.

Based on a study of earlier efforts, and contingent on the results of the geochemical, geophysical and geological results, a further extensive drill program is predicted with the anticipated outcome to develop the property into a commercial mine.

The option agreement contains customary representation and warranties, covenants and indemnification provisions and conditions. Additional details regarding the Company, its business and agreements are filed as part of the Company's continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database. For more information visit: www.pepperrock.co.

ABOUT PEPPER ROCK RESOURCES CORP. (OTCBB: PEPR)
Pepper Rock Resources is a junior explorations-stage company with developing interests in natural resource exploration and development opportunities in production-friendly North American jurisdictions. For more information visit: www.pepperrock.co.

Notice Regarding Forward-Looking Statements
This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Forward-looking statements involve risks and uncertainties. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the Company to be different from those expressed or implied. Certain statements in this release, and other written or oral statements made by the Company, including the use of the words "expect," "anticipate," "estimate," "project," "forecast," "outlook," "target," "objective," "plan," "goal," "pursue," "on track," and similar expressions, are "forward-looking statements" and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance, or achievements of the company to be different from those expressed or implied. The Company assumes no obligation and does not intend to update these forward-looking statements.

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