Private Placement

FOR IMMEDIATE RELEASE

PRIVATE PLACEMENT

Vancouver, BC – September 12, 2012

PacificOre Mining Corp. (TSX.V: “PC”), (U.S.A. OTCQX: “APAFF”), and (Frankfurt Symbol: “NWN”) is pleased to announce that the Company has arranged, subject to regulatory approval, a private placement of 2,380,000 units at a price of $0.08 per unit for total proceeds of $190,400.00. Each unit consists of one common share and one share purchase warrant entitling the holder to purchase one additional common share of the Company for a period of 4 years at a price of $0.15 per share. The exercise period of the warrant will be shortened to 30 days in the event the shares of the Company trade on the TSX Venture Exchange at a price of $0.25 per share for 15 consecutive trading days. The proceeds from the financing will be used for general working capital purposes.

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

“Patrick D. O’Brien”

Patrick D. O’Brien, ICD.D – Chairman

SEC Exemption 12(g)3-2(b) File no. 82-3822, Standard & Poors Listed, Dun & Bradstreet Listed

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.

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