Bluerock Receives First Ore Purchase Payment and Continues With Care and Maintenance of US Uranium Mining Operations

Bluerock Resources Ltd. ("the Company") (TSX VENTURE:BRD) announces it has
received payments totalling US $78,000 for shipments of ore from the J-Bird
Uranium Mine. The previously announced suspension of US operations will continue
while the Company works to recapitalize operations to allow for continued
development and production at its US Uranium Mining Operations.


The Company has also renegotiated the terms of the final purchase of the J-Bird
Uranium Mine with the vendors. In order for Bluerock to complete the acquisition
of 100% of the J-Bird Uranium Mine the Company will pay US$57,000 on October 31,
2008 followed by the balance of US$100,000 on January 30, 2009. In addition, the
Company will be required to utilize the vendors drilling company to fulfill a
US$200,000 drilling contract by August 31, 2009 or alternatively pay US$100,000
to the vendors by August 31, 2009.


Bluerock Resources Ltd. is a uranium mining company focused on developing
tomorrow's energy today through the acquisition and development of conventional
uranium resources.


ON BEHALF OF THE BOARD OF DIRECTORS

Michael Collins, President and CEO

FORWARD LOOKING INFORMATION DISCLAIMER

Certain of the statements made and information contained herein is
"forward-looking information" within the meaning of the Ontario Securities Act
and the Alberta Securities Act, including statements concerning our plans at our
mineral projects, which involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of the
Company to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking information.
Forward-looking information is subject to a variety of risks and uncertainties
which could cause actual events or results to differ from those reflected in the
forward-looking information, including, without limitation, failure to establish
mineral resources; delays in obtaining or failure to obtain required
governmental, environmental or other project approvals; changes in national and
local government legislation or regulations regarding environmental factors,
royalties, taxation or foreign investment; political or economic instability;
terrorism; inflation; changes in currency exchange rates; fluctuations in
commodity prices; delays in the development of projects; shortage of personnel
with the requisite knowledge and skills to design and execute exploration
programs; difficulties in arranging contracts for drilling and other exploration
and development services; dependency on equity market financings to fund
programs and maintain and develop mineral properties; risks associated with
title to resource properties, and difficulties of determining the validity of
certain tenures and other risks and uncertainties, including those described in
each management discussion and analysis. In addition, forward-looking
information is based on various assumptions including, without limitation, the
expectations and beliefs of management; the assumed long-term price of U308; the
availability of permits and surface rights; access to financing, equipment and
labour and that the political environment within Canada, the United States of
America will continue to support the development of environmentally safe uranium
mining projects. Should one or more of these risks and uncertainties
materialize, or should underlying assumptions prove incorrect, actual results
may vary materially from those described in forward-looking statements.
Accordingly, readers are advised not to place undue reliance on forward-looking
information. Except as required under applicable securities legislation, the
Company undertakes no obligation to publicly update or revise forward-looking
information, whether as a result of new information, future events or otherwise.