Pacific Iron Ore Corporation Announces Results of Wardrop Engineering Study on Bugaboo Creek

Calgary, Alberta (June 19, 2009) – Pacific Iron Ore Corporation (TSX VENTURE:POC), announces that it has received and filed a Engineering Study and resource estimate completed by Wardrop Engineering Inc., of Vancouver, British Columbia. This document is now available on SEDAR.Pearson Project:

Mr. Todd Montgomery, Director and CEO of Pacific Iron Ore Corporation stated that “we are extremely pleased with the results of the Technical Report prepared by Wardrop Engineering Inc., of Vancouver, British Columbia (“Wardrop”) which estimated that the Bugaboo Creek deposits, located on the western edge of the Pearson Project, contains inferred resources of 7.8 million tonnes grading 63% magnetite, these results are in line with our corporate objectives”. Three mineralized zones are located in an area of approximately 600 metres by 400 metres and comprise the Bugaboo area. Mr. Montgomery further stated that “drill results as indicated by the Wardrop report show that the Daniel zone remains open on the east and southeast and the Upper and Lower Conqueror zones are open downdip to the southwest. Furthermore, an approximately 30 meter length of magnetite mineralization, in each of two different drill holes, was intersected below the Lower Conqueror and indicates the presence of another zone that was not included in the resource calculation. The Bugaboo area comprises a small component of the 237,925 hectares held by the Corporation on Vancouver Island and to achieve these results in such a confined area is quite promising.”

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