SPF Silver Pursuit Resources Ltd

Silver Pursuit Resources Ltd. (TSX VENTURE:SPF) ("Silver Pursuit" or the
"Company") is pleased to report that diamond drilling will commence imminently
at its LUZ property (the "Property") located 50 km north of Alamos in Sonora,
Mexico.


The LUZ property was acquired last year at the same time as the Quintera silver
property. Road construction was required at LUZ to provide access for sampling
and drilling. An initial geological investigation of the area was conducted late
2010 at which time rock channel sampling was done. Follow-up mapping and
sampling was then conducted earlier this year and drill hole sites were
selected. In early June 2011, the Company negotiated a diamond drilling contract
for the drilling program at the LUZ property.


The exploration target is an iron oxide copper-gold skarn deposit that outcrops
on the property. Mineralization consists of massive magnetite and hematite in
several bodies up to 35 meters in thickness distributed over an area 1 km long
and 0.5 km wide. Initial field examination and rock chip channel sampling
returned high copper and gold values within some of the outcrops of iron oxide.
Elevated silver, lead and zinc also occur in some of the samples. Significant
results are listed in Table 1.




Table 1. Significant Rock Channel Results from LUZ property.          
----------------------------------------------------------------------
Sample        Width (m)     Au g/t        Cu %      Ag g/t        Fe %
----------------------------------------------------------------------
120807             4.0       0.557        0.48        29.3        47.7
----------------------------------------------------------------------
120920             2.5       1.775        0.40        40.5        48.7
----------------------------------------------------------------------
120921             2.5       0.305        0.31        56.9     greater
                                                               than 50
----------------------------------------------------------------------
120922             2.0       1.715        0.20        43.1     greater
                                                               than 50
----------------------------------------------------------------------
120924             3.0       0.749        0.67        18.4        46.6
----------------------------------------------------------------------
120964             5.0       0.891        0.08        10.3        11.1
----------------------------------------------------------------------
m = meters, g/t = grams per tonne, % = percent, Au = gold, Cu = copper,
Ag = silver, Fe = iron                           



All rock samples were analyzed at ALS Chemex in North Vancouver by Fire Assay
for gold and either AA or ICP techniques for silver and base metals. QA/QC
procedures included the insertion of blanks and standards in the sample stream.


The initial drilling program will consist of diamond core drilling, and will
kick-off with up to 5 holes for 500 meters. The purpose of the drilling is to
obtain more representative samples of the skarn bodies and to test the extent of
iron-oxide copper gold mineralization. Additional drilling will be done if
positive results are obtained.


Dr. Matt Ball, P.Geo. is the Qualified Person who prepared the technical
information contained in this news release.


ON BEHALF OF SILVER PURSUIT RESOURCES LTD.

Terry Fields, President and Director

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