Toronto, Ontario – October 24, 2018 – Power Ore (“Power Ore” or the “Company”) (TSX.V: PORE) is pleased to provide its shareholders with its latest Investor Webinar detailing discoveries made via Mann Mine’s recent geophysics program, some commentary on the Cobalt, Ontario camp, as well as the company’s plans for the Mann Mine going forward and prospective acquisitions in its pipeline.

Click here to view the latest Investor Webinar

“We hope this webinar provides additional clarity to shareholders on the work that we’ve completed on the Mann to date. The main purpose of this webinar is to detail our geophysical findings that we press released throughout October. This includes the mineralized magnetic low sequences which cross cut the magnetic highly magnetic horizons within the Nipissing Diabase sill on the property.  One of these magnetic low sequences corresponds with the area that was mined in the past, and in which drilling shows very high grade silver and cobalt intersections. The discovery of similar magnetic lows along the same structure indicates that there is the potential to establish new zones which were not visible until we completed the very high resolution magnetics in September. Additionally the Webinar discusses our plans for the Mann going forward and our strategy to grow our asset base with advanced stage assets with exposure to copper, nickel and cobalt,” said Stephen Stewart, Power Ore’s CEO.

“The very high resolution data from the drone magnetic survey have identified several additional East West trending low magnetic structures within the magnetic diabase that will be followed up with prospecting and sampling and possibly drilling if the targets are validated, added Charles Beaudry, VP Exploration and Qualified Person as per NI43-101”.

For information and updates on Power Ore, please visit: www.powerore.com

And please follow us on Twitter @PowerOre

To speak to the Company directly, please contact:

Stephen Stewart, Chief Executive Officer

Phone:  416.644.1571

Email:  sstewart@powerore.com

www.powerore.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Power Ore is a trade name of PowerOre Inc. PowerOre Inc. assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to PowerOre Inc. Additional information identifying risks and uncertainties is contained in filings by PowerOre Inc. with Canadian securities regulators, which filings are available under PowerOre Inc. profile at www.sedar.com.