Northcore Resources Inc. (TSX VENTURE:NCR) ("NCR" or the "Corporation")
announced yesterday, the closing of its first tranche private placement of an
amount of $120,000 according to TSX-V rules and regulations. The Corporation
omitted to mention that an insider participated to such closing (250,000 common
shares for an amount of $2,500), namely Garnet Gold Inc., a company controlled
by Mr. Garry Majerle, a director of NCR.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Daniel Coch
Chairman of the Board of Directors
(403) 605-7465
Northcoreres@gmail.com
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