Corporate Update

FOR IMMEDIATE RELEASE

Vancouver, BC – September 2, 2013

PACIFICORE MINING CORP. (“PC”:TSX.V / “APAFF”:OTCQX) (the “Company”) is pleased to announce the proxy contest that began on April 1, 2013 has ended with the resignation of the entire Board and the appointment of Adriaan Bakker, Stephen Pearce and Paul Sorbara. In addition to these appointments Adrian O’Brien and John Hewlett have also been appointed to the Board of Directors. Biographies of the new directors can be found attached to this news release.

The Company had originally scheduled to hold its Annual General Meeting on September 17. Due to the regulatory requirements for the mailing of proxy materials this meeting date must be delayed. The new Board believes it is essential to obtain a mandate from Shareholders, as such, the meeting date will be extended only so far as to meet regulatory requirements for mailing, the record date will remain the same. The Company is committed to having its management proxy materials mailed this week once certain transition issues have been addressed.

The new Board has also appointed a new management team consisting of Adriaan Bakker as CEO and President and Stephen Pearce as CFO and Corporate Secretary. The audit committee will consist of Stephen Pearce, Adrian O’Brien and John Hewlett. No other Board committees will be established at this time.

Adriaan Bakker, CEO of the Company, states “This is the beginning of a new chapter for the Company. We have a team committed to building Shareholder value and advancing the Company’s Vanadium Projects. We will continue to build our team as we move forward. We expect the transition to our new management team to go smoothly and quickly and intend to provide regular updates to Shareholders as we move forward.”

The Company’s new corporate phone number is (604) 385-4485.

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About PacificOre Mining Corp.

PacificOre is a mining Company with a growth strategy focused on development of its most advanced project, the 100% owned Lac Dore Project in Quebec, Canada. The Lac Dore Project is a high grade Vanadium project with near surface mineralization and nearby infrastructure supporting the economic viability of the project. Vanadium has been dubbed “the electric metal” for its bright future in energy storage and green technology but its main use today is in high-quality steel. This unique project located in one of the best mining jurisdictions holds the key for a stable Canadian supply of Vanadium for years to come.

ON BEHALF OF THE BOARD OR DIRECTORS

“Adriaan Bakker”

Adriaan Bakker

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.

Cautionary Note Regarding Forward-Looking Statements

The information in this news release includes certain "forward-looking statements" All statements, other than statements of historical fact, included herein including, without limitation, plans for and intentions with respect to the company's properties, statements regarding intentions with respect to obligations due for various projects, strategic alternatives, quantity of resources or reserves, timing of permitting, construction and production and other milestones, are forward looking statements. Statements concerning Mineral Reserves and Mineral Resources are also forward-looking statements in that they reflect an assessment, based on certain assumptions, of the mineralization that would be encountered and mining results if the project were developed and mined in the manner described. Forward-looking statements involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from PC's expectations include the uncertainties involving the need for additional financing to explore and develop properties and availability of financing in the debt and capital markets; uncertainties involved in the interpretation of drilling results and geological tests and the estimation of reserves and resources; the need for cooperation of government agencies and local groups in the exploration, and development of properties; and the need to obtain permits and governmental approval. PC's forward looking statements reflect the beliefs, opinions and projections of management on the date the statements are made. PC assumes no obligation to update the forward looking statements if management's beliefs, opinions, projections, or other factors should they change.

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BIOGRAPHIES OF THE DIRECTORS OF PACIFICORE

Adriaan Bakker

Adriaan Bakker is a mining executive and consultant with 10 years' experience in the mineral exploration sector. He is directly involved in corporate finance, management, project acquisition and development, business development, as well as corporate communications.

Mr. Bakker has worked with PacificOre from 2003 to 2013. He defined and managed PacificOre's communications strategies, financings and exploration programs. Mr. Bakker contributed significantly in building a strong team of advisory board members and establishing relationships with strategic groups including producers and consumers in the specialty metal and green technology sectors.

Mr. Bakker has also been a management partner since 2000 of XRG Inc. which is developing a system of local energy databases to permit commercial and residential building owners to evaluate energy use, costs and emissions of all metered or delivered fuels for the purpose of maximizing the return on their investments in energy. Mr. Bakker’s experience, knowledge and contacts in the renewable energy and specialty metals sector plays a key role in the development of the Company’s Iron-Titanium-Vanadium projects.

Stephen Pearce

Stephen Pearce has a law degree from the University of British Columbia and an Honours Bachelors Degree in economics from York University with an emphasis on corporate finance. He focuses on corporate and securities work. Mr. Pearce serves as a director and officer of several resource-related public companies and has been involved with several small underground mining operations, including brief periods acting as Mine Manager. Mr. Pearce is active in his community and serves as President of WRAGS Western Regional Advocacy Group Society, a non-profit organization which works in partnership with Sleep Country Canada to provide free mattresses to those in our community most in need.

Paul Sorbara

Paul Sorbara has been the President, CEO and a Director of Golden Goliath Resources Ltd. since May 1997. He is a graduate of the University of Toronto where he received a Bachelor of Science Degree in 1976 and a Master of Science Degree in 1979. He received the designation of Professional Geologist in 1991 from the Association of Professional Engineers and Geoscientists in British Columbia and, in 1985, the Geological Association of Canada awarded him the designation of Fellow of the Geological Association of Canada. He also serves as the President of Minera Delta S.A. de C.V., a wholly owned subsidiary of Golden Goliath. From January 2004 to July 2013, he was been a director of Great Atlantic Resources Corp. Since August 2007, he has been a Director of Jiulian Resources Inc.

Adrian O’Brien

Adrian O’Brien has acted in various capacities with publicly traded Mineral Exploration Companies, including officers and directors responsibilities, since 1996 and has substantial

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experience at a senior management level. He has played an integral role in financings, assisted various companies with corporate and financial disclosure as well as corporate development. He has arranged joint ventures, successful property acquisitions and divestitures, and worked with companies through the IPO stage. In early 2010 O'Brien co-founded Red Rock Public Relations, a boutique firm providing PR and visual media services to public and private corporations.

John Hewlett

John Hewlett has been an investor in the junior resource market for over 30 years. He has lived and worked in many parts of British Columbia and the Yukon, and for the past 20 years has been involved in the real estate industry. In the past 7 years in the resource sector, Mr. Hewlett has developed an extensive network of contacts both in the investor relations and management consulting fields. He currently serves on the board of directors of Branco Resources Ltd., a CPC listed on the TSX Venture Exchange.