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CALGARY, ALBERTA—(Marketwire — June 4, 2012) — BlackPearl Resources Inc. (TSX:PXX)(FIRST NORTH:PXXS) (“BlackPearl” or the “Company”) is pleased to announce that it has filed an 80,000 barrel per day commercial development application with the Energy Resources Conservation Board (ERCB) and Alberta Environment for its Blackrod Steam Assisted Gravity Drainage (SAGD) Project in northern Alberta.