Blue River Reousrces Ltd.

TSX.V:BXR
US:BRVRF
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DRILLING RESULTS 2011

January 12, 2012

The Company’s initial diamond drill program conducted in September / October 2012 at the Castle Project, intersected copper mineralization in 8 holes of the 10 holes recovered. The 2011 Castle Project drill program totalled 3720 feet over 12 holes. The Castle Project covers approximately 20,000 acres.

Diamond drill hole BXR-11-4, intersected 43 metres grading 0.16% copper from 19 meters to 60 meters. Hole BXR-11-7 intersected 90 meters grading 0.09% copper from 29 meters to 119 meters and hole BXR-11-9 intersected 201 meters grading 0.04% from 30 meters to 228 meters. The present cut-off grade at the nearby Copper Mountain Mine is 0.1% copper.

Highlights of 2011 Assay Results:
HOLE #

TD

(M)

FROM

(M)

TO

(M)

INT.

(M)

COPPER

%

OTHER

BXR-11-1A 26m 3.2m 24.08 m 20.88m 0.05 %
BXR-11-1C 80m
Incl
1.0m 73.15m 72.15m
31.5
0.05%
0.14%
- Including 31 m of 0.14% Cu and 10 g/t


HOLE #

TD

(M)

FROM

(M)

TO

(M)

INT.

(M)

COPPER

%

OTHER

BXR-11-3 66m 2.5m 21.35m 18.85m 0.14%
BXR-11-4 180m


Incl.

19.0m


30m

60.3m


60.3m

41.3m


30.3m

0.16%


0.18%

BXR-11-6 48m 15.7m


6m

42.67m


21.7m

26.97m


27.7m

0.08%


0.14%

BXR-11-7 130m


Incl

29.7m


29.7m

118.87m


80.7m

89.17m


51.0m

0.09%


0.12%

BXR-11-8 100m 46.30m 85.3m 39.05m 0.07%m
BXR-11-9 250m


Incl

30.5m


89.0m

228.6m


105.5m

201.53m


16.5m

0.04%


0.12%


President Griffin Jones states:” We are very encouraged that the initial diamond drill program on the Castle Copper Project resulted in copper mineralization in 8 of 10 holes that were recovered. BXR Hole 11-9 is also exciting due to its 600 foot intersection and the consistency of the porphyry-style mineralization. This gives us an excellent starting point for further exploration and drilling in 2012.”

The company employs a quality assurance/quality control program that employs introduction of certified analytical standards and blanks as well as secure sample chain of custody of samples from drill to laboratory. Technical information contained in this news release was reviewed by Glen MacDonald, P. Geo, a qualified person as defined under National Instrument 43-101.

For further information please contact Griffin Jones at 604-682-7339 or visit our website atwww.blueriv.com


ON BEHALF OF THE BOARD OF DIRECTORS


“Griffin Jones”

Griffin Jones
President


Neither 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 release.

This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances.

All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com) and in other reports on our website at www.blueriv.com.

Neither 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 release.