VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/14/11 — Sharprock Resources Inc. (the "Company" or "Sharprock") (OTC.BB: SHRK.OB) is pleased to announce that it has entered into an exclusive Memorandum of Understanding ("MOU") to acquire an interest in a 1500 square kilometer prospective gold project in Chukotka, Russia.A definitive agreement is currently being drafted to finalize the mineral property acquisition.About SharprockSharprock is a mineral exploratio