Intervals related to significant diamond drilling and reverse circulation are:

• PDH-12033 155 reports m@0.46 g / t Au and 0.72% Cu including 50 m@1.52% Cu and 0.77 g / t Au in the sulfide zone;
• PDH-12 028 m@0.95 earn 45% Cu and 0.17 g / t Au in the sulfide zone;
• HRP-12159 relates m@2.80 12% Cu within a larger interval of 56 m@0.80% Cu and 0.11 g / t Au in the region to sulfide;
• HRP-12165 reported 11 m@1.07 g / t Au in the oxide zone, and
• PRH-12169 earn 15 m@0.75 g / t Au in the oxide zone.

Other significant drill results are listed in Tables 1 and 2 below.

Table 1: New results on copper La Pava

Table 2: New results on gold La Pava

Notes for Tables 1 and 2:

1. Drilling with prefix "PDH" are diamond drilling.
2. Drilling with prefix "PRH" are reverse circulation drilling (CI).
3. Drilling intervals reported in the column "Length" are drilled thicknesses. These intervals are only apparent lengths.

These results demonstrate that La Pava drilling completed in the edge areas south-east and north-central deposit continues to intercept mineralization in zones of oxide and sulfide. Notably, the drill -PDH 12 032 reported having 54 m@0.70 g / t Au including 12 m@1.34 g / t Au surface shows the continuity of the mineralization in the northern sector of the deposit. Drilling PDH-12033 intercepted gold commercial content in the oxide zone and copper-gold in the region of sulfide. The interception of sulfide in this area validates the model of mineralization of the deposit of the Company and shows a structure of supergene enrichment zone and underlying lower.

Drilling carried along in the southeast of La Pava intercepted mineralization both oxides as sulfides, as shown by the results. Notably, the drill PRH-12165 earn 11 m@1.07 g / t Au surface and drilling reports PRH-12169 15m@0.75 g / t Au as the surface.

Drilling PDH-12028 m@0.95 earn 45% Cu and 0.17 g / t Au, including 19 m@1.40% Cu and 0.21 g / t Au. Additional drilling is planned along this southeast area in order to monitor these results.

Figures 1 and 2 (available at the following address: http://media3.marketwire.com/docs/pro_fig1_2.pdf ) indicate the position of the drilling plan and Quema La Pava. These cards are also available on the website of the Company.

Significant drill results from the drilling program deposit Quema / Quemita are described in Table 3 below.

Table 3: New results on Quema gold / Quemita:

Notes to Table 3:

1. Drilling with prefix "PRH" are reverse circulation drilling (CI).
2. Drilling intervals reported in the column "Length" are drilled thicknesses. These intervals are only apparent lengths.

Significant intervals from these holes made along the south include drilling HRP-12179 reported that 11 m@1.00 g / t Au and drilling PRH PRH-12174 and -12161 who reported 23 m@0.25 g / t Au and 14 m@0.40 g / t Au respectively. These holes are located in the central-south of the deposit and continue to provide interceptions oxide gold while drilling continues along these new sectors. Edge drilling continues to expand systematically areas known gold resources.

Alain Bureau, P. Eng., President and Chief Executive Officer of the Company, commented: "The last month has been a month spectacular production drilling, despite being mid-rainy season. More than 4900 meters of drilling a combination of CI and core drilling were completed in September. We are very pleased with the results from the recent campaign oxides drilling increasing mineralization on known deposits and we look forward to receiving the results of new targets that have been identified. The team is preparing IP geophysical equipment and begin work on priority targets in the next two weeks. Meanwhile, PCB drilling equipment will be moved to the first target. '

Quality Assurance / Quality Control ("QA / QC")

The diamond drill core and cuttings of reverse circulation drilling (CI) are transported by the technical staff Pershimco drilling sites to the site of sample preparation on the property of the Company. At this point, geologists and qualified describe the rock samples and number the sawing the core in half along its axis length of one meter using a diamond saw stationary. Each meter samples of half core and drill cuttings from those of CI are then placed in sealed plastic bags inserted a standard, a blank and a duplicate at regular intervals throughout each samples. These sample bags are then sent to the site sample preparation laboratory Activation Laboratories (Actlabs) of Panama. The samples are then inventoried by staff Actlabs, dried and crushed to 70% at 2 mm, and pulverized to 85% at 75 microns and finally divided by quartering in sample of 150 grams. These pulp samples are then placed in sealed plastic containers of 5 gallons to be sent by courier to the lab's main Actlabs in Ancaster, Ontario, Canada to be analyzed for a multi element ICP and by fire assay finish by the atomic absorption method for gold. The latter method is also used to determine the levels of copper and silver. Samples with a content of more than 2.5 g / t are re-analyzed. The sample preparation protocol also provides dry samples at 125 degrees Fahrenheit immediately before grinding and before they spray.

The information contained in this news release has been reviewed and approved by Mr. John Kapetas, BSc Hons, MAusIMM MAIG, a qualified person under NI 43-101 rules and standards.

About Pershimco inc.

Pershimco inc. is a Canadian exploration company listed on the TSX Venture Exchange TSX and Frankfurt. The Corporation holds several mining properties in Canada and South America including the Cerro Quema project in Panama and the Courville Gold Project, near the mining camp of Val d'Or, which is developed in partnership with Osisko Mining Corporation. The Corporation is managed by skilled, reputable people with extensive experience in mining exploration and development. The Pershimco Team and our investors are the key to our success.

Documents relating to the Company is available at www.sedar.com

You are invited to visit the website of the Company www.pershimco.ca

The TSX Venture Exchange and its regulatory service provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements made in this press 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 events or results may differ materially from those contained in these statements.