SOURCE: Core International Limited

November 26, 2007 08:30 ET

Core International Limited Comments on Wawa Gold and Diamond Property

TORONTO--(Marketwire - November 26, 2007) - Core International Limited (PINKSHEETS: CRLD), a junior resource exploration company, expands on assay results released last week.

The Company recently released initial soil sample assay results from the Dog Lake property and is awaiting completion of the field report from MMES. The Company anticipates receiving the report before the end of December, and will make public the findings of the report at that time.

CORE is encouraged by the results of several other companies exploring in the same area, for both diamonds and gold, and feels that the best is yet to come for the company. Patricia Mines has begun gold production from their WAWA property, and continues to mine and explore for additional reserves.

"We feel that we are in an area that has only just begun to scratch the surface of the true potential that exists underground. Numerous mining companies in the area have already confirmed what we believe to be true, that there are diamonds, and there is gold and those initial reports have ignited a wave of mining activity in the region. We are hoping to duplicate some of the successes that our mining neighbors have experienced in the Dog Lake area," said Jan Vrba, CORE.

The Wawa area where CORE's Dog Lake properties are located, has seen a well documented increase in exploration, claim staking, and development activity since the discovery of the Clement diamonds in the 1990s. This discovery has led to many more in the region and it is considered to be unique in the sense that the quality of the diamonds and the size of some of the deposits could make an impact on the overall global diamond market. The diamonds also known as "Wawa diamonds" are unique in that they have been discovered in rocks that are over 2 billion years old while the oldest known kimberlite is 1.7 billion years old. Many mining companies currently have projects in the area and the diamond discoveries have even brought the attention of De Beers and Rio Tinto.

"One needs to understand that assays results, specifically soil sample assays, don't come close to telling the whole story, especially at this stage of development. We are at the beginning of the process of enduring many checks and balances towards defining the properties potential. The mining industry in particular is no stranger to discovering ore bodies where others have explored before, finding nothing. Persistence is the virtue in exploration, one case in point being the Hemlo gold mine discovery. It took more than 75 drill holes before that property hit and eventually became one of the richest gold mines in Canadian history," said Jan Vrba, CEO Core.

Currently the Company is looking to expand its portfolio of properties and has several acquisition targets that will be announced once completed. The Company is also awaiting the results of the field report before planning the next stage of development.

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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