Pershimco Appoints a New Chief Financial Officer

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Pershimco Resources Inc. (the "Company" or "Pershimco") (TSX
VENTURE:PRO)(FRANKFURT:BIZ) is pleased to announce the appointment of Mr. Pierre
Monet as the Company's Chief Financial Officer.


Mr. Monet is a seasoned manager with 30 years of experience in finance working
for private and public corporations. He has held different senior positions
including more than 10 years in the mining sector. He was President and Chief
Executive Officer of Malaga Inc., which had a tungsten mine in Peru;
Vice-President Finance, Administration and Treasurer of Compagnie Miniere IOC
Inc.; and, Vice-President Finance of Produits Forestiers Alliance Inc. He is a
member of the Ordre des comptables professionnels agrees and has a Bachelor of
Business Administration from HEC Montreal. 


"Mr. Monet brings to Pershimco extensive experience in the mining sector and
solid knowledge in financial management as well as in financing, business
acquisitions and restructuring," said Alain Bureau, President and Chief
Executive Officer of Pershimco. "He will be an excellent addition to our
executive team and contribute to the development of the Corporation".


"I am proud to join Pershimco and its strong management team, which is dedicated
to the development of our promising project portfolio," added Mr. Monet.


Pershimco has granted 200,000 stock options at a price of $0.32 for five years
to Mr Monet in the scope of the Stock Option Plan of the Corporation. 


About Pershimco Resources Inc.

Pershimco Resources Inc. is a mineral exploration and development company listed
on the TSX Venture Exchange and the Frankfurt Exchange with a near-production
oxide gold project in Panama. The Cerro Quema project is composed of multiple
gold oxide deposits within a 15,000 ha extraction permitted concessions package.
The Company is also exploring, within the same concessions, the potential of a
Copper-Gold porphyry at depth. The Company is led by a skilled management team
with extensive experience in the mining sector, as well as a proven track record
of building successful operating mining facilities in the Americas. With strong
support from its shareholders, the Pershimco team is positioned for success.


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

Please visit the Company's website at www.pershimco.ca. 

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. 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" statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Alain Bureau, P. Eng.
President and Chief Executive Officer
[phone]
[e-mail]


Elina Chow
Investor Relations
[phone]
[e-mail]
www.pershimco.ca