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Advanced Negotiations Between Pershimco and a Major Mining Company on the Courville Gold Project

ROUYN-NORANDA, QUEBEC--(Marketwire - Oct. 6, 2011) - RESSOURCES PERSHIMCO INC. ("Corporation" or "Pershimco") (TSX VENTURE:PRO - News; FRANKFURT:BIZ - News) announces that it continues advanced negotiations for the conclusion of a strategic alliance with a major mining company on the Courville Gold Project. Any important information relating to the progress of the negotiations will be released by the Corporation through further press releases.About Pershimco Resources Inc.Pershimco Resources Inc. is a Canadian-based resource and exploration corporation listed on the TSX Venture Exchange (symbol PRO.V) and the Frankfurt Exchange (symbol BIZ). The Corporation holds several mining properties in Canada and South America including the recently acquired Cerro Quema advanced project in Panama and the Courville Gold Project, in the Val-d'Or Gold Mining Camp. The Corporation is managed by skilled, reputable people with extensive mining exploration and development experience. The Pershimco Team and our investors are the key to our success.The Corporation's documents are available on www.sedar.comPlease visit the Corporation's website at www.pershimco.caNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.