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Northcore Resources Inc.: Contract Termination

MONTREAL, QUEBEC--(Marketwire - Jan 22, 2013) - Northcore Resources Inc. (TSX VENTURE:NCR) [the "Corporation"] announces that it has terminated effective January 17, 2013, a service contract with 4552083 Canada Inc., a company that employed François C. Desrosiers as a contract service provider. That Corporation was hired to perform Investor Relations and general management services.

The contract has been terminated at the request of the TSX-Venture Exchange while it performs a Suitability Review on Mr. Desrosiers to act for or on behalf of an Exchange listed Company.