SOURCE: Core International Limited

July 09, 2007 08:30 ET

Core International Updates on Dog Lake Property, Wawa, Ontario

TORONTO--(Marketwire - July 9, 2007) - Core International Limited (PINKSHEETS: CRLD) is pleased to announce that based on the airborne VLF-EM survey, and the follow up grab samples results, the company has entered into an agreement with Major Management Exploration Services (MMES) of Saskatoon to manage and execute the next phase of the planned development.

The new work program, accepted and approved by management in mid June, commenced on June 21, 2007 and is currently scheduled to run until the end of July 2007.

More specifically this phase of work on the Dog Lake property will include ground geophysics, line cutting, and magnetic testing of various anomalies, soil sampling, assaying, and continual prospecting of, in and around the company's group of claims.

"Encouraged by the airborne survey and soil/rock sampling results, we look forward to continuing the exploration and better defining the potential of the property. We were fortunate to retain the services of MMES and are confident that their experience and expertise in the area will benefit the program," said company President Jan Vrba.

This phase of development and more specifically the fiscal expenditures undertaken by CORE for the same, also serve to further satisfy CORE's original earn in obligations for ownership interest in the property, related to the original option agreement.

About Core:

Core International is a natural 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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