WEST BERLIN, N.J., Dec. 5 /PRNewswire-FirstCall/ -- Global Resource Corp. (OTC:GBRC) (BULLETIN BOARD: GBRC) reports today another major breakthrough in the application of its revolutionary microwave technology in the processing of waste oil, or more commonly known as Resid/Slurry Oil. Resid/Slurry Oil is refinery waste oil that is too thick to economically crack or reprocess with past and current technologies. At least 3%, and in some refineries as high as 7%, of typical oil refinery production is Resid/Slurry Oil. The amount of Slurry Oil worldwide is estimated to be approximately 365,000,000 barrels a year, of which at least a billion gallons of Resid/Slurry Oil reside in US refineries alone each year. GBRC, using its unique patent pending technology, is able to cost effectively breakdown this Slurry Oil, commonly considered waste oil, into its natural component parts, which contain the essential elements of various types of valuable fuels, including such products as kerosene, diesel fuel, and heating oil. Because of its revolutionary microwave technology, GBRC can process this Slurry Oil product worth between $3.00 and $10.00 and turn it into a product valued at up to $35.00 a barrel. "We are very happy with the results but more importantly, these results show that we have the ability to crack and gasify a much greater amount of oil worldwide that is still captured in oil wells. Resid/Slurry oil has a similar viscosity comparatively to the oil that is non-recoverable in capped wells worldwide. With our technology, we have an opportunity to extract much more oil out of each capped well. Around 60% of oil in the ground is non- recoverable and now we can get a piece of that. That is why getting approval from the US Department of Energy to use The Rocky Mountain Oilfield Testing Center (RMOTC) http://www.fossil.energy.gov/facilities/rmotc/index.html is a giant step to potentially improving worldwide oil production," said Frank Pringle CEO of Global Resource Corp. About Global Resource Corporation: Global Resource Corp. has a patent pending process that allows for removal of oil and alternative petroleum products at very low cost from various resources, including shale deposits, tar sands and waste oil streams with significantly greater yields and lower costs than are available utilizing existing known technologies. The process uses specific frequencies of microwave radiation to extract oils and alternative petroleum products from secondary raw materials, and is expected to dramatically reduce the cost for oil and gas recovery from a variety of unconventional hydrocarbon resources. Global Resources' technology will not only be developed to extract oil from shale, but from depleted oil fields in the US and elsewhere, many of which still contain more than half of the hydrocarbons originally in these fields, because the residual hydrocarbons are too viscous to extract with conventional technology. Contact: Global Resource Corporation Phone: (856) 767-2450 Fax: (856) 767-2490 This news release contains forward-looking statements regarding Global Resource's business strategies and future plans of operations. Forward-looking statements involve known and unknown risks and uncertainties. The forward- looking statements contained in this news release speak only as of the date hereof and Global Resources disclaims any obligation to provide public updates, revisions or amendments to any forward-looking statements made herein to reflect changes in Global Resource's expectations or future events. DATASOURCE: Global Resource Corp. CONTACT: Global Resource Corporation, +1-856-767-2450, or Fax, +1-856-767-2490, or Web site: http://www.fossil.energy.gov/facilities/rmotc/index.html

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