Extension of Share Purchase Warrants

News Release

Extension of Share Purchase Warrants

Vancouver, BC – November 2, 2012

PacificOre Mining Corp. (TSX.V Exchange: “PC”), (U.S.A. OTCQX Exchange: “APAFF”), and (Frankfurt Exchange: “NWN”) will be making application to the TSX Venture Exchange to extend the expiry date of 3,630,000 share purchase warrants exercisable at a price of $0.20 per share, originally issued on November 18, 2009 and which are currently set to expire on November 18, 2012. The proposed new expiry date is November 18, 2014. The amendment of the warrant terms is subject to the policies of and acceptance by the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS OF PACIFICORE MINING CORP.

“Patrick D. O’Brien”

Patrick D. O’Brien, ICD.D – Chairman

S.E.C. Exemption 12(g) 3-2(b) File No. 82-3822, Standard & Poors Listed, Dun & Bradstreet Listed.

Neither the 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.

Suite 330, 825 Homer Street, Vancouver, British Columbia, Canada V6B 2W2 Tel: 604-683-8990 • Toll Free: 1-800-663-8990 • Fax 604-683-8903 • www.pacificoremining.com