Pacific Iron Ore Corporation (TSX VENTURE:POC) announces initial results from
the last two diamond drill holes with respect to the St. Anthony's Gold project.
The St. Anthony's project has the potential to host gold resources, is located
in Ontario and is comprised of 54 mining claims and 14 leases covering 8,784
hectares. The St. Anthony's Gold Project contains the largest past-producing
gold mine in the Kenora-Patricia Mining District of Ontario. The original St.
Anthony mine is located in the Sturgeon Lake Greenstone Belt and produced 63,310
oz. gold from 332,720 tons with an average recovered grade of 0.191 ounce gold
per ton.


Update on St. Anthony Program

Mr. Todd Montgomery, CEO of Pacific Iron Ore stated "we are extremely pleased
with the results of our 2009 drilling program, both in terms of the size of the
intervals identified and the assay results achieved." Mr. Jeffery Austin,
P.Eng., President of Pacific Iron Ore further elaborated that "with the receipt
of these final two set of assays, the 2009 drilling program has now been
completed. The Corporation drilled eight (NQ) diamond drill holes for a total of
2862 metres and further work is being planned for the summer of 2010." The more
significant results of the two most recent drill holes are as follows:




Hole #                 From m's         To m's   Interval m's         Au g/t
SA-09-07                   1.49           4.00           2.51          0.45g
also                     155.00         156.00           1.00          0.95g
also                     183.00         237.00          54.00          1.73g
incl.                    196.00         202.00           6.00          8.13g
incl.                    200.00         202.00           2.00         20.29g
incl.                    216.00         218.00           2.00         13.90g
                                                                            
Hole #                 From m's         To m's   Interval m's         Au g/t
SA-09-08                  89.30          92.00           2.70          0.88g
also                     106.10         120.00          13.90          0.37g
incl.                    116.00         117.00           1.00          1.01g
also                     130.00         139.00           9.00          0.37g
incl.                    136.00         137.00           1.00          1.40g
also                     168.00         169.00           1.00          1.17g
also                     197.00         230.00          33.00          0.33g
incl.                     205.0          206.0           1.00          2.25g
incl.                    226.00         227.00           1.00          5.64g
also                     242.00         244.00           2.00          4.31g
also                     312.00         316.00           4.00          2.94g
incl.                    312.00         313.00           1.00         10.40g



These results again confirm both the widespread low-grade gold values and
localized high-grade gold values within the area. The drilling encountered
extensive sericite altered QFP with variable quartz veining over the entire
lengths of the holes and extended the St. Anthony pluton well to the east of the
expected surface limits and identifies the relationship with surrounding mafic
volcanics. This opens up a large area of untested mineralization east towards
Couture Lake and has again confirmed mineralization is not restricted to the
historic #1 zone trend.


The 2009 drill program centered on the area around the original St. Anthony mine
site and consisted of holes spaced approximately 50 meters apart in sections to
test the large volume of the quartz feldspar porphyry (QFP) stock. The drill
program spans 300 metres of strike length on the known St. Anthony's structure.
Holes were drilled at a 105 degree azimuth with a -50 degree dip to test across
the dominant quartz vein set. The last two holes reported here are the last two
drill holes at the southern end of the drilling and closest to the QFP-mafic
volcanic contact.


Corporate Direction and Strategy

Pacific Iron Ore Corporation is dedicated to the development of its strategic
mineral deposits, located in the Port Renfrew area (iron resources) of Vancouver
Island, British Columbia, as well as, in the Kenora area (gold resources) of
Ontario. With the success of the previous exploration and the existence of
sufficient capital resources to undertake additional exploration activities in
2010, the Corporation is well-positioned to continue its exploration efforts.


The St. Anthony's project is a highly prospective past-producing gold mine with
the potential to become a significant gold resource through exploration efforts.
Pacific Iron Ore Corporation remains committed to moving the St. Anthony's
project forward.


Quality Control of Reported Results

The St Anthony's Gold project, exploration program is being undertaken pursuant
to the recommendations contained in the independent NI 43-101 report dated June
12, 2009 entitled "Technical Report on the St. Anthony and Best/King Bay
Properties" prepared by Mr. Graeme Evans, P. Geo. of Kamloops, British Columbia.
A copy of the 43-101 Technical Report is available under the Corporations
profile on SEDAR and can be accessed at www.sedar.com.


Mr. Graeme Evans, P. Geo of Kamloops, British Columbia, an independent
geological consultant, is the Qualified Person on the St. Anthony's Project
under the guidelines of NI 43-101. Mr. Evans oversees the completion of the
Technical Report and has reviewed and approved the technical disclosure
contained in this press release relating to that project.


The rock 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 were analyzed for 33 elements by induction
coupled plasma mass spectroscopy (ICP-AES) and for gold by ore grade fire assay
on a 50 g sample with atomic absorption spectroscopy (AA) finish. Independent
QA-QC protocol was used on the program using a combination of blanks, standards
and duplicates.


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 or contact Todd Montgomery, Jeffrey Austin or Leonard
Cornez.


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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