Finore Mining Inc.
CNSX : FIN

Finore Mining Inc.

October 03, 2011 12:30 ET

Finore Mining Inc. Appoints New CEO And Director

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 3, 2011) - FINORE MINING INC. (CNSX:FIN) (the "Company" or "Finore") is pleased to announce that its board of directors have appointed Ian Laurent as the Company's new Chief Executive Officer and director of the Company effective immediately. Peter Hughes has resigned his position as Chief Executive Officer and has been appointed as Chairman effective immediately. The board of directors of the Company currently consists of Savio Chiu, David Eaton, Peter Hughes and Ian Laurent.

Mr. Laurent has nineteen years of experience in mineral exploration and resource development on four continents. Previously Mr. Laurent was VP Exploration for Frontier Pacific Mining Corporation, responsible for their projects in Greece, Peru and Colombia. Prior to 2007, Mr. Laurent was the Exploration manager for Palmarejo Silver & Gold Corp, whose team was responsible for the discovery of the 100Moz silver-1Moz gold Palmarejo project in Chihuahua, Mexico. Mr. Laurent has also worked as a Project Geologist in Sweden, Turkey, West Africa and Western Australia. Mr. Laurent graduated from the Centre for Ore Deposit Research (CODES) at the University of Tasmania in 2003 with a MSc. in Economic Geology. Mr. Laurent also brings with him a diverse range of experience and geological and technical knowledge that will be beneficial to the requirements of advancing the Company's project in Finland. Mr. Laurent was previously the President and Director of Nortec Minerals Corp.

Mr. Laurent stated, "I am delighted to be joining Finore and look forward to continuing to increase the value of the Company's world-class project in Finland."

About Finore Mining Inc.

Finore is currently earning an undivided 80% interest in and to certain exploration claims known as the Lantinen Koillismaa project. Finore will continue to focus its attention on identifying and evaluating opportunities for the acquisition, exploration, and if warranted, development of a mineral resource property of merit. The Company is well funded with approximately $3.5 million in cash and approximately 38.4 million shares issued and outstanding.

For more information please visit the Company's website at www.finoremining.com.

On behalf of the board of directors of Finore Mining Inc.,

Peter Hughes, Director

The CNSX does not accept responsibility for the adequacy or accuracy of this release.

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