🕐12.03.12 - 15:27 Uhr

FINORE CONFIRMS CONTINUITY OF PGE & GOLD MINERALIZATION ALONG STRIKE AT HAUKIAHO



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Finore Confirms Continuity of PGE & Gold Mineralization Along Strike at Haukiaho

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VANCOUVER, BRITISH COLUMBIA--(March 12, 2012) - FINORE MINING INC. (CNSX:FIN) (the "Company" or "Finore") is pleased to announce further results from the Companys initial drill programme on the L�ntinen Koillismaa palladium-platinum-gold-copper-nickel project (the "LK Project") in north central Finland.

Highlights include:

25.0 metres @ 0.72g/t PGE+Au; 0.23% Cu; 0.18% Ni from 66m (Hole HAU11-010) 28.0 metres @ 0.66g/t PGE+Au; 0.23% Cu; 0.18% Ni from 56m (Hole HAU11-008) including 5.0 metres @ 1.03g/t PGE+Au; 0.28% Cu; 0.30% Ni from 57m

These drill results continue to confirm the palladium-platinum-gold-copper-nickel ("PGE+Au-Cu-Ni") mineralization on the Haukiaho Target ("Haukiaho"), situated in the southern part of the LK Project. Drilling began in November 2011 focussing on the central-western mineralization at Haukiaho, known as the Torkoaho Zone. To date, a total of 17 holes have been geologically and geotechnically logged with zones of potential mineralization selected for sampling and assaying. Prior to the beginning of this drill campaign; the Torkoaho Zone had a total of 7 historic drill holes that were scattered along a strike of 1 km. A significant portion of the current 10,000 metre ("m") Phase V drill programme at LK has been designed to target the 3,700m strike and down-dip extension of mineralization at Haukiaho to upgrade the Inferred Mineral Resource estimated by WGM as part of the NI43-101 technical report submitted to Finore (see Finore news release dated January 16, 2012).

Finores CEO, Ian Laurent, comments, "We are pleased to see the continuity of mineralisation along strike at Torkoaho. These results from Hole 5 to Hole 10 confirm the PGE-gold mineralisation in the top 150 metres for a strike of 1 km. We look forward to receiving the remaining results from Torkoaho in the next few weeks. The drill rig has now moved east onto the Melar�me zone, which is along strike at Haukiaho."

Drill results have been received for palladium, platinum, gold, copper and nickel for holes Hau11-005 ("Hole 5"), Hau11-006 ("Hole 6"), Hau11-007 ("Hole 7"), Hau11-008 ("Hole 8"), Hau11-009 ("Hole 9"), Hau11-010 ("Hole 10"), and Hau11-011 ("Hole 11"). Drill results are shown below in Table 1. Nickel results are total Nickel contained in both sulphides and silicates. Analytical studies have been commissioned to determine the weighted average nickel content in sulphides. Drill hole collar locations are shown below in Table 2.

TABLE 1: Best Intercepts of PGE + Au-Cu and Ni - Phase V drilling at Haukiaho - Torkoaho

Hole_ID From
(m) To
(m) Interval
(m) Pd
g/t Pt
g/t Au
g/t PGE + Au
g/t Copper
% Nickel
% Hau11-001^ � hole Abandoned � � � � � � Hau11-002^ 58.0 102.0 44.0 0.48 0.18 0.15 0.80 0.28 0.19 Including^ 84.0 97.0 13.0 0.71 0.27 0.17 1.15 0.38 0.27 Hau11-003^ NSI NSI NSI NSI NSI NSI NSI NSI NSI Hau11-004^ 114.0 126.0 12.0 0.38 0.14 0.12 0.64 0.20 0.14 Including^ 114.0 119.0 5.0 0.63 0.23 0.19 1.05 0.33 0.24 Hau11-005 157.95 165.00 7.05 0.52 0.18 0.18 0.88 0.37 0.25 Including 159.00 163.00 4.00 0.69 0.25 0.25 1.19 0.52 0.33 Hau11-006 57.00 71.00 14.00 0.24 0.09 0.09 0.43 0.22 0.12 Including 58.00 60.00 2.00 0.62 0.23 0.24 1.10 0.28 0.30 Hau11-007 162.00 164.00 2.00 0.24 0.09 0.06 0.38 0.13 0.12 Hau11-008 56.00 84.00 28.00 0.40 0.15 0.10 0.66 0.23 0.18 Including 57.00 62.00 5.00 0.66 0.23 0.13 1.03 0.28 0.30 Hau11-008 89.00 99.00 10.00 0.46 0.19 0.15 0.79 0.33 0.24 Hau11-009 109.00 121.00 12.00 0.34 0.12 0.14 0.60 0.22 0.16 Hau11-009 132.00 149.00 17.00 0.38 0.15 0.04 0.56 0.13 0.15 Hau11-010 38.00 41.00 3.00 0.59 0.29 0.18 1.05 0.26 0.23 Hau11-010 43.00 62.95 19.95 0.37 0.15 0.13 0.65 0.23 0.17 Hau11-010 66.00 91.00 25.00 0.41 0.16 0.15 0.72 0.23 0.18 Hau11-011 NSI NSI NSI NSI NSI NSI NSI NSI NSI

NOTES: Pd - palladium; Pt- platinum; Au - gold; Cu - copper; Ni - nickel
g/t - grams/tonne; ppm - part per million; lower cut-off grade = 0.3g/t PGE+Au;
Internal waste = 2m; NSI = No Significant Intercept; (m) = metres; Hole Hau11-001 was NOT sampled;
Based on current geological interpretation results are true widths. ^ = included for completeness.

TABLE 2: Drill Hole Collar Locations - Phase V drilling at Haukiaho - Torkoaho

Hole_ID Easting
(m) Northing
(m) Elevation
(m) Total
Depth (m) Dip Azimuth Hau11-001^ 3546304 7307507 240 45.60 -55� 195� Hau11-002^ 3546304 7307497 240 110.60 -55� 195� Hau11-003^ 3546387 7307433 240 122.00 -55� 195� Hau11-004^ 3546506 7307453 240 144.40 -55� 195� Hau11-005 3546607 7307455 240 188.60 -55� 195� Hau11-006 3546673 7307344 240 107.20 -55� 195� Hau11-007 3546708 7307439 240 278.80 -55� 195� Hau11-008 3546773 7307325 240 113.50 -55� 195�



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