POC Pacific Iron Ore Corporation

Pacific Iron Ore Corporation (TSX VENTURE:POC), announces that it received
results of the 2008 airborne geophysical survey prepared by Fugro Airborne
Surveys Corp. of Mississauga, Ontario ("Fugro"). The survey covered
approximately 7,780 line kilometers encompassing the Pearson Project and
adjacent claims within the Port Renfrew Block on Vancouver Island, British
Columbia. The Fugro report discusses 17 zones of particular significance that
have clearly defined geophysical signatures with respect to magnetic highs,
magnetite-rich zones and the EM anomalies associated with these zones.


Pacific Iron Ore Corporation also announces the receipt of the assay results on
the final 10 diamond drill hole samples with respect to its 2008 diamond drill
program on the Pearson Project. Mr. Todd Montgomery, President of Pacific Iron
Ore Corporation stated that "We are very pleased with the assay results received
on the 51 diamond drill holes completed and with the analysis received from our
airborne geophysical survey ("the Survey"). The current drilling program has
covered significant areas of interest within Bugaboo Creek and has identified a
number of significant drill intersections of iron skarn mineralization. Mr.
Montgomery also stated "the entire diamond drill program has provided remarkable
assay results". Some of these would be:


- DDH-08-01B intersected intermittent masses of magnetite from 59.3 metres to
123.2 metres depth, totaling 41 metres in core length. Some of the thicker
intersections from this hole yielded Fe values from 41.82 to 48.53 per cent.


- DDH-08-13B intersected intermittent masses of magnetite in a 12 metre and a 14
metre section from 45.0 to 72.0 metres and provided a Total Fe analysis of 62.95
per cent and 65.07 per cent, respectively.


- DDH-08-30B intersected intermittent masses of magnetite in a 17.00 metre
section from 55.0 to 72.0 metres which gave a Total Fe analysis of 61.45 per
cent.


- DDH-08-31B intersected intermittent masses of magnetite from 58.0 metres to
214.0 metres depth, giving a cumulative thickness of magnetite totaling 75.05
metres in core length. Some of the thicker magnetite intersections from this
hole yielded Fe values from 30.50 to 63.90 per cent. While a 12.85 metre and
11.65 metre section from this hole gave a Total Fe analysis of 55.76 and 60.97
percent respectively.


- DDH-08-38B intersected intermittent masses of magnetite (iron oxide) from 25.3
metres to 259.8 metres depth, giving a cumulative thickness of magnetite
totaling 127.5 metres in core length. The combined magnetite intersections from
this hole yielded an average Fe value of 55.6%.


- DDH-08-45B intersected intermittent masses of magnetite (iron oxide) from
120.9 metres to 159.3 metres depth, giving a cumulative thickness of magnetite
totaling 17.3 metres in core length. The combined magnetite intersections from
this hole yielded an average Fe value of 54.10%.


- DDH-08-48B intersected intermittent masses of magnetite (iron oxide) from 22.0
metres to 62.95 metres depth, giving a cumulative thickness of magnetite
totaling 27.6 metres in core length. The combined magnetite intersections from
this hole yielded an average Fe value of 53.36%.


- DDH-08-51B intersected intermittent masses of magnetite (iron oxide) from
19.25 metres to 55.4 metres depth, giving a cumulative thickness of magnetite
totaling 11.65 metres in core length. The combined magnetite intersections from
this hole yielded an average Fe value of 60.42%.


All listed intersections are predominantly composed of massive magnetite and
commonly contain small percentages of iron sulphides and may contain small
inclusions of pyroxene-garnet skarn, gabbro, marble and/or diorite.


Mr. Montgomery further commented that, "though we are waiting the Davis Tube
test results from approximately 1,000 samples taken from the 51 diamond drill
holes completed in 2008, the combination of the findings of the Survey and the
diamond drill results has enabled the Corporation to focus its immediate
exploration efforts on its high potential claims located in the Port Renfrew
area and to engage Wardrop Engineering Inc., of Vancouver, British Columbia to
prepare a resource estimate for the Bugaboo Creek Area located within the
Pearson Project. This information has also enabled the Corporation to assess its
holdings on Vancouver Island and identify a number of claims which no longer
exhibit sufficient qualities to warrant further exploration. Consequently a
number of claims, which are not material to the Corporation's prospects, have
been surrendered by the Corporation in early 2009 thus reducing the annual
expenditures required to maintain the claims."


Quality Control of Reported Results

The drilling program and aerial magnetic survey are being undertaken pursuant to
the recommendations contained in the independent qualifying report dated October
31, 2007 and revised on February 13 and March 11, 2008 entitled "Technical
Report - Pearson Project, British Columbia" (the "Qualifying Report") prepared
by an independent geologist, Mr. George Owsiacki, P. Geo. of Victoria, British
Columbia. The Qualifying Report was prepared in contemplation of the
requirements of National Instrument 43-101. A copy of the 43-101 Technical
Report is available under the Corporations profile on SEDAR and can be accessed
at www.sedar.com.


The core samples were provided to ALS Chemex, an ISO 9001 and ISO 17025
accredited facility located in North Vancouver, British Columbia, for analysis
and processing. The samples taken from the core of the mineralized zone were
analyzed initially using one of the following 2 geochemical procedures: (1)
ME-MS41 - Ultra-Trace Level Methods using Inductively Coupled Plasma-Atomic
Emission Spectroscopy (ICP-AES) followed by Inductively Coupled Plasma - Mass
Spectrometry (ICP-MS); 2) ME-ICP41 - Inductively Coupled Plasma - Atomic
Emission Spectroscopy (ICP - AES). Both methods provide Total Fe analysis with
detection limits from 0.01% - 50% Fe. Geochemical procedure 1 provides analysis
for a suite of 50 elements while procedure 2 provides analysis for a suite of 34
elements. For detection limits above 50% both methods are followed with assay
procedure ME-OG46, a method used for the evaluation of ores and high-grade
materials to be optimized for accuracy and precision at high concentration
levels. In this method a prepared sample is digested in 75% aqua regia and later
analyzed by inductively coupled plasma - atomic emission spectrometry (ICP -
AES) or by atomic absorption spectrometry. These geochemical and assay
techniques yield Total Fe percentage and are not meant as a final determination
of recoverable magnetite. For determination of recoverable magnetite, a
selection of core samples will be provided to B.C. Mining Research Ltd. for
percentage magnetic (Davis Tube) testing. The results of the Davis Tube testing,
when available to the Corporation, will be reported to shareholders at a future
date and in a manner consistent with the requirements of National Instrument
43-101 entitled "Standards of Disclosure for Mineral Projects" as adopted by the
Canadian Securities Regulators.


Mr. Garry Payie, P. Geo of Victoria, British Columbia, an independent geological
consultant, is the Qualified Person under the guidelines of NI 43-101. Mr. Payie
oversees the Corporation's exploration program with respect to the Pearson
Project and has reviewed and approved the technical disclosure contained in this
press release.


Corporate Direction and Strategy

Pacific Iron Ore Corporation is dedicated to the development of its iron ore
deposits, located in the Port Renfrew area of Vancouver Island, British
Columbia. With the success of the 2008 Exploration Program and the existence of
sufficient capital resources to undertake additional exploration activities in
2009 the Corporation is well positioned to manage these difficult times. In
order to maximize the returns on future exploration activity, the Corporation
has initiated a detailed review of its claims located on Vancouver Island and in
Ontario, with the intention of identifying other areas with similar potential to
the Pearson Project. This review is scheduled for completion in March 2009 after
which, Pacific Iron Ore Corporation will disclose its 2009 Exploration Program.


Company Contacts:

For further information please refer to the Corporations profile on SEDAR which
can be accessed at www.sedar.com, or visit our website at
www.pacificironorecorp.com.


Forward Looking Statements:

Neither the 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. This release
includes certain statements that may be deemed "forward looking statements". All
statements in this release, other than statements of historical facts, that
address future production, reserves potential, exploration drilling, exploration
activities and events or developments that the Corporation expects are forward
looking statements. Although the Corporation beliefs the expectations expressed
in such forward looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance and actual results or
developments may differ materially from those in the forward looking statements.
Factors that could cause results to differ materially from those in the forward
looking statements include, but are not limited to: market prices; exploitation
and exploration successes; continued availability of capital, financing and
personnel; government regulation and laws; the Corporations relationship with
First Nations; environmental developments; and general economic, market or
business conditions. Investors are cautioned that such statements are not
guarantees of future performance and those actual results or developments may
differ materially from those projected in the forward looking statements. For
more information on Pacific Iron Ore Corporation, Investors should review the
Corporation's registered filings which are available at www.sedar.com.

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