http://www.corexgold.com/s/NewsReleases.asp?ReportID=609429

VANCOUVER, BC - October 30, 2013, Corex Gold Corp. (TSX-V: CGE) ("Corex" or the "Company") would like to inform the shareholders of the recent progress on its Santana Project in Sonora State, Mexico. Further to news releases dated (please refer to NR 02-13 and to NR 05-13) drilling is ongoing, and almost complete on the first phase program by Vale Exploraciones Mexico S.A. de C.V. ("Vale"), a wholly-owned subsidiary of Vale S.A.

The first phase 2013 drill program is a 4000m program consisting of roughly 10 holes, approx 500m avg. in depth designed to test a copper-gold porphyry target that has been identified through previous drilling and geophysics. To date 8 holes have been completed of this program, with additional holes to still be drilled. These 8 holes are in different stages of analysis and QA QC checks. The company is currently awaiting data via way of a quarterly progress report to be completed and intends to inform the shareholders immediately upon receipt of this information.

The purpose of this phase of diamond drilling (HQ) is to start building continuity between the previously identified three main zones (Benjamin, Nicho, and Ubaldo) where a total of 23,000 m has been drilled to date. The linking of these known zones and the unknown potential at depth could greatly increase the size and tonnage potential of the project. It is important to note however that numerous targets outside of the main working area have been identified and will also be drill tested in follow up phases of drilling.