Mr. Bullock brings with him over 45 years of international experience in the resources sector. A past President and current Director of IAMGOLD Corporation, Derek initiated, as well as developed, a strategic alliance with Ashanti Goldfields Company, allowing AGC and IAMGOLD to jointly explore much of West Africa. As part of his work with IAMGOLD, Mr. Bullock was involved in the development of the Sadiola Gold Mine in Mali. This required a liaison with the Government of Mali, the IFC and Anglo Gold Corporation. This operation now produces 700,000 ounces of gold per year.

As well as his current Directorship with IAMGOLD, Derek is also Director of several mining companies, including High River Gold Mines Limited, Canarc Resource Corporation and Goldcrest Resources. Derek is also President and Director of Delitova Corporation (formerly Bullock Engineering Corporation), a mining and mineral resources consulting company based in Canada.

Absolut Resources Corp. also wishes to announce that it has granted an aggregate of 850,000 options to directors, consultants and employees of the Company. The options are exercisable at $0.60 expiring on May 12, 2009.

Absolut Resources Corp. is a precious metals exploration and development company based in Toronto, Canada. The Company’s primary asset is the Picho Machay Gold Project, Peru. The project’s geological features are comparable to other established mines in the Peru. Absolut strongly believes in an international best practices approach, and implements this on a company wide basis for all its social and environmental decisions.

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