POC Pacific Iron Ore Corporation

Pacific Iron Ore Corporation (TSX VENTURE:POC) announces that it has filed its
Financial Statements and Management Discussion and Analysis for the three and
six months ended June 30, 2013. These documents are now available on SEDAR. 


2013 Results 

During the first six months of 2013 the Corporation incurred a net loss of
$212,012 or $0.00 per common share as compared to a net loss of $232,556 or
($0.00) per common share in the first six months of 2013. 


Its major expenses incurred in the six month period included: 

Operating expenses totaled $53,723 in 2013 as compared to $73,590 in 2012, a
decrease of $19,867. 


Mineral property acquisition costs and exploration costs expensed during the
period totaled $12,090 as compared to $8,147 in 2012. 


General and administrative expenses totaled $83,630 in 2013 as compared to
$114,948 in 2012, a decrease of $31,318. 


Write downs of mineral properties totaled $nil in 2013 and $7,102 in 2012. 

Stock based compensation expense totaled nil ($19,231 in 2012) and arises from
the issuance of stock options and broker warrants in previous periods. 


Net financial expenses (income) during the period totaled $42,026 as compared to
$879 in the prior period. Financial income consists of interest earned on
invested cash deposits and unrealized gains or losses on marketable securities.
Cash deposits are comprised solely of bank investment certificates with a
maturity date of less than one month and are on deposit with a Canadian
Chartered Bank. Financial expenses are comprised interest and bank charges and
accruals for Part XII taxes. 


Income taxes during the period amounted to $nil as compared to $8,659 in the
prior year principally as a result of recognizing the deferred income taxes on
flow through share obligations offset by the future benefit of discretionary
income tax deductions and net operating losses carried forward for income tax
purposes. 


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:

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 believes 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. 


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 his release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Pacific Iron Ore Corporation
Todd Montgomery
Chief Executive Officer
(403) 228-0607
(403) 262-4860 (FAX)
www.pacificironorecorp.com

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