Global Resources Corporation Limited (GRC, or the Company) is...

Global Resources Corporation Limited (GRC, or the Company) is pleased to announce that the Agreement previously described in the Company?s news release dated 13 December 2010 to purchase two projects in Turkey, namely Aktarma and Ispir, was executed today. With the assistance and approval of the exploration team from Agola Madencilik Limited Sirketi (Agola), a wholly-owned Turkish subsidiary of Pilot Gold Inc. (PLG-TSX) (?Pilot Gold?), GRC has begun exploration work on the Aktarma tenements. Detailed mapping has commenced and channel sampling of the outcropping veins is planned for the next few weeks. A local surveyor has been appointed to locate and mark out the lines to enable a gradient IP geophysical survey to be completed. This style of survey will give us a good picture of the extent of the vein system and provide important information for the design of a drill programme, while the channel sampling will provide indications of the grade of the system. We have requested quotes from two geophysical companies for the IP work and expect to have that completed in the next 5 weeks.