Pershimco Resources Inc.
TSX VENTURE : PRO

Pershimco Resources Inc.

November 21, 2006 12:19 ET

Pershimco Resources Inc.: Pilot Production to Start at Cusi, Mexico

ROUYN-NORANDA, QUEBEC--(CCNMatthews - Nov. 21, 2006) - Pershimco Resources (TSX VENTURE:PRO) is pleased to confirm that the Company's partner Dia Bras Exploration Inc. (TSX VENTURE:DIB) will be initiating its planned pilot production at the Malpaso Mill, using mineralized material from the San Miguel Property, under option from Pershimco. Dia Bras (TSX-V:DIB) planned to process approximately 15,000 tones of material from the Cusi properties by the end of the current fiscal year as part of a first bulk sampling analysis.

Mr. Alain Bureau, Vice-President Operations and Special Projects: "(...) after our visit of the processing plant last October, and the reports we are getting from our partner Dia Bras, we are delighted that pilot production is starting with already 500 tons a day coming from the Cusi Properties.(...)from an exploration standpoint, Pershimco is confident that the information gathered during this pilot phase will be instrumental in guiding future development of these properties. We are also confident that this will give us a sum of financial and operational knowledge that will come handy in the planning of other potential Mexican operations in the future".

Annual General Meeting and other news

Pershimco would also like to invite its shareholders to the Company's Annual General Meeting that will take place at the Albert-Best Western Hotel in Rouyn-Noranda, Quebec, on December 16, 2006 at 10h00.

Finally, the Company wants to make a clarification to the Press Release dated November 16 2006, in which the Company announced the appointment of Paradox Public Relations as its new Investor and Public Relations firm. In addition to the already announced 200,000 stock options at a strike price of $0.36 cents Paradox will be receiving a monthly compensation of $4,000 for the 6 month contract and there will be an additional 6 month period following the initial 6 month period.

ON BEHALF OF THE BOARD OF DIRECTORS

JEAN LAFLEUR, P. Geo., DIRECTOR

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 have 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). 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.

Please visit us on the web at www.pershimco.ca

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.

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