SOURCE: Core International Limited

October 22, 2007 08:30 ET

Core Reports on Completion of First Phase Exploration Program, Pending Assay Results

TORONTO--(Marketwire - October 22, 2007) - Core International Limited (PINKSHEETS: CRLD) today announces that MMES Inc., the geological surveying company contracted to carry out Phase 1 of the exploration and development of the Dog Lake property, has completed the work.

Referencing the areas identified by the airborne survey, three separate targets were isolated for further ground geophysics and soil sample collection within the optioned group of claims.

The purposes of the Phase 1 plan was to further prospect and perform specific ground geophysics to further test the possible anomalies identified by the airborne survey of 2006.

The three target areas were the focus of prospecting, ground magnetometer surveying, and soil sample collection. A total of 6 soil samples were submitted for analysis to a certified lab in Lakefield, Ontario.

The full field report detailing the Phase 1 program results, as well as the assay results from the soil samples are pending.

"The past few months have been busy ones for CORE in terms of building, developing and securing our portfolio of properties. The area that we have been focusing on is receiving a lot of attention from larger mining companies and we feel that this bodes well for CORE and our shareholders. I look forward to the next few months as the results of our efforts become public." (Jan Vrba, CEO CORE Resources)

About Core: Core International is a mineral resource and mining management company looking to grow and expand through the strategic acquisition and partnering with other public and private exploration companies around the world.

Cautionary Statement Regarding Forward-Looking Information:

Except for statements of historical fact relating to the Corporation, certain information contained herein constitutes forward-looking statements. Forward-looking statements are frequently characterized by words such as "potential," "estimate," "plan," "expect," "project," "intend," "believe," "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, the lack of a quoted market for specific minerals, the possibility of project cost overruns or unanticipated costs and expenses, a history of net losses, dependence on the support of a significant shareholder, uncertainties relating to the availability and costs of financing needed in the future and other factors usual to the mining industry. The Corporation undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements.

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