SOURCE: MineCore International, Inc.

July 17, 2008 09:00 ET

MineCore Chairman Invited to Speak at Silicon Valley Leadership Group Conference on P3s

SAN JOSE, CA--(Marketwire - July 17, 2008) - MineCore International, Inc. ("MineCore") (PINKSHEETS: MCIO) announces that Jerry G. Mikolajczyk, Chairman and COO, will be speaking at the SVLG sponsored conference for P3s (Public Private Partnerships) "Performance-Based Infrastructure: Making Public-Private Partnerships Work For California," on Friday, July 18th, 2008, at the City of San Jose, City Hall. The Mayor of San Jose, Chuck Reed and the CEO of the Silicon Valley Leadership Group, Carl Guardino, will be presenting opening remarks. Governor Arnold Schwarzenegger has been invited to provide the keynote speech.

Mr. Mikolajczyk will be a member of a distinguished panel to address the topic of Financing Strategies: Non-User Fee Projects. Mr. Mikolajczyk will discuss P3 infrastructure development, specifically, MineCore's P3 Highway Upgrade Project for Madagascar. In 2003, Platinum Works, Inc. (PWI), a wholly owned subsidiary of MineCore, signed a Memorandum of Understanding with the VICE PRIMATURE, a division of the Minister of Public Works for the Government of Madagascar for the Toliary-Ilakaka Road Infrastructure Upgrading Project. PWI has agreed to work in collaboration with the VICE PRIMATURE to upgrade the existing road link between Toliary and Ilakaka. The Toliary-Ilakaka road link will be upgraded by MineCore to support its exploration and extraction of precious stones in the Ilakaka Region. The project will consist of widening and paving of the existing road, rectification of poor alignment, and the construction of bypasses and additional bridges. This is Phase II of a two Phase Project. Phase II will be completed over a 3 to 10-year program. The estimated cost of the Upgrade project is US$500 million. Madagascar will benefit with a super highway between Toliary and Ilakaka at no cost to the citizens of Madagascar. The upgraded highway will be a non-user fee project. MineCore will benefit from the revenue and profits generated in its construction division, McKenzie Plant Hire (MPH) and the upgraded highway will lower yearly operating costs for MineCore's extraction operations. Future tax credits resulting from MineCore's operations in Madagascar will fund the cost of the project.

Mr. Mikolajczyk has extensive knowledge and experience in working with P3s. He was instrumental with the economics and financing of the Confederation Bridge in Canada, one of Canada's first P3 projects. The Confederation Bridge is an 8.5 mile, 2 lane, all weather toll bridge between New Brunswick and Prince Edward Island in Canada. The Confederation Bridge is the longest bridge in North America and was constructed at a cost exceeding CDN$1 Billion.

Further details of the conference can be found at http://svlg.net:80/events/calpthree0718/

About Silicon Valley Leadership Group

The Silicon Valley Leadership Group (SVLG) is organized to involve principal officers and senior managers of member companies in a cooperative effort with local, regional, state, and federal government officials to address major public policy issues affecting the economic health and quality of life in Silicon Valley.

In the summer of 1977, David Packard asked a number of his fellow CEOs to join him in creating a proactive voice for Silicon Valley businesses. The result was the formation of the Silicon Valley Manufacturing Group (SVMG), which has successfully tackled some of the toughest challenges facing high-tech employers and their employees. In March 2005, SVMG changed its name to Silicon Valley Leadership Group (SVLG) to better reflect the work of the organization.

SVLG represents more than 274 of the Silicon Valley's most respected employers, including technology giants Apple, Intel, Google, Microsoft, SunPower and Yahoo! http://svlg.net/about/members.php. SVLG members collectively provide nearly 250,000 local jobs, or one of every four private sector jobs in Silicon Valley.

About MineCore

MineCore is an exploration company, as defined under SEC Industry Guide 7. The Company's mission is to successfully identify, acquire and develop mineral properties with a program to commence mining operations and develop solid growth with profitable operations. MineCore is planning to bring its sapphire operations in Madagascar into production through a strip mining operation in 2009 upon successful financing to sustain operations and administration costs.

MineCore's assets include 15,000 square hectares of sapphire bearing property in Madagascar, 1,000 hectares of ammolite bearing property in Canada and 520 hectares of gold bearing property in Venezuela. MineCore also has revenue-producing subsidiaries in the construction and professional service sectors.

MineCore is deemed to be a reporting Issuer. MineCore is currently preparing and completing its financial statements to bring its SEC filings current.

This Press Release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. For those statements, we claim the protection of the safe harbor for forward-looking statements provisions contained in the Private Securities Litigation Reform Act of 1995 and any amendments thereto. Such forward-looking statements by definition involve risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from the future results, performance or achievements expressed or implied by such forward-looking statements. In particular, there is no assurance that reserves, production, pricing levels or other factors pertaining to the mining and manufacturing operations will be sustained at the expected rates or levels over time. Discussions of factors, which may affect future results, are contained in our recent filings. Under no circumstances does this Press Release constitute an offer to sell or a solicitation of an offer to buy the securities of the company described in this Press Release in which such offer, solicitation or sale of securities would be unlawful prior to registration, qualification or filing under the securities laws of any jurisdiction.

For Further information on this news release or on the Company, please visit website at http://www.minecore.com/.