Pacific Iron Ore Corporation (TSX VENTURE:POC)

Pacific Iron Ore Corporation is providing this update on diamond drilling on a
number of advanced geological targets in the Port Renfrew, B.C. area. The
objectives of this summers drilling program is two fold, to expand the resources
of the Bugaboo Creek high-grade iron ore deposits and to examine additional
targets previously outlined in the 2008 geophysics program. Mr. Jeffery Austin,
P.Eng., President of Pacific Iron Ore Corporation announced that as of the first
of October, the Corporation has completed 13 diamond drill holes within the
Bugaboo Creek area and 20 diamond drill holes on additional geological targets.
Mr. Jeffery Austin, P.Eng., President of Pacific Iron Ore Corporation stated
that "the Corporation is eagerly waiting complete assays results on the core
samples and preliminary evaluations are very promising."


The high-grade Bugaboo iron deposits contain 7.8 million tonnes of
high-grade,(43-101 compliant) iron resources, as outlined by Wardrop Engineering
Inc., of Vancouver, British Columbia". This resources estimate was based on
drilling completed in 2008. Referring to diamond drill hole 09-05B which
intersected 16 metres of virtually continuous massive magnetite mineralization
approximately 40 metres south west of the previously modeled Upper Conqueror
zone, Mr. Austin, P.Eng., stated that "the Corporation's internal assessment of
the 2009 Program is that the previously identified resource should be increased
once assay results are received. The Corporation also believes that diamond
drill holes 09-02B, 09-06B, 09-07B, 09-08B, 09-09B, and 09-10B have successfully
intersected a high-grade magnetite zone and identified at least one other
mineralized zone in the Bugaboo Creek area." These intersections are outside the
resources defined in the Wardrop resource modeling of the 2008 drill results.
Mr. Austin further stated that "although the limits of this new zone have not
yet been well defined, these new drill results, coupled with our regional
mapping done earlier this summer will provide good insight to further refine our
exploration efforts."


The Corporation also announced that the recent drilling of a new geophysics
anomaly in the area has encountered a probable layered mafic/ultramafic
intrusive which contains disseminated magmatic sulphides consisting of
pyrrhotite and chalcopyrite. Float from this area has previously yielded highly
anomalous Ni, Cu and PGE (Platinum Group Elements) values in an area that
coincides with a large airborne magnetic high anomaly. This area had also been
highlighted by previous soil sampling outlining areas of anomalous PGE values.
Management accordingly believes this area may be prospective for nickel, copper
and PGE elements. Though assays for three holes through this complex are
pending, the Corporation believes this area will prove to be of significant
interest in its 2010 drilling program.


Corporate Direction and Strategy

Pacific Iron Ore Corporation is dedicated to the development of its strategic
mineral deposits, located in the Port Renfrew area of Vancouver Island, British
Columbia, as well as, in the Kenora area of Ontario.


Quality Control of Reported Results

Mr. Garry Payie, P. Geo of Victoria, British Columbia, an independent geological
consultant, is the Qualified Person on the Pearson Project 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 relating to that project.


Company Contacts:

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


Forward Looking Statements:

The TSX.V Exchange has not reviewed and does not accept 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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