Sphere Resources Inc.

Sphere Resources Inc.

April 07, 2011 11:53 ET

Sphere Resources Inc. Completes Induced Polarization Geophysical Work at the Dome Property in Red Lake, Ontario and Plans Phase 1 Drill Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 7, 2011) - Sphere Resources Inc. (TSX VENTURE:SPH.H) (the "Company") along with its partner Duncan Park Holdings Corporation (TSX VENTURE:DPH) ("Duncan Park") in the Dome project have completed the survey of geophysical ground magnetics and the revolutionary IPower 3D induced polarization conducted by Abitibi Geophysics. The data, which is being transferred into a 3D model, will form the basis for selecting priority targets for a diamond drill program in the coming months. The analysis of data in the 3D model should be ready to review in about 3 weeks.

The Company is currently organizing a field crew and driller for the upcoming Phase 1 drill program. The drilling program should commence in late spring or early summer on targets on the land based claims and any targets on the water based claims will be drilled when ice conditions on the lake are favourable for safe drilling.

For more info please visit the company's website at www.sphereresources.com

Follow the link below to view our Corporate Presentation http://sphereresources.com/show_info.php?page_id=26

About Sphere Resources Inc.

Sphere Resources Inc. is focused on identifying and appropriating exploration targets in major global mining camps with a particular emphasis on precious metals. It is currently involved in exploring for gold mineralization in the Red Lake District of Ontario and Nevada, USA.

On behalf of Sphere Resources Inc.

Malcolm L Stevens, Executive Chairman and President

Statements in this press release other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in mineral exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

Neither the NEX Board of 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 release.

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