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Tuesday, February 04, 2014 7:02:22 AM

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MineCore Chairman Jerry G. Mikolajczyk Brings Home the Gold for


MineCore Chairman Jerry G. Mikolajczyk Brings Home the Gold for Turnaround
of Transportation Agency

Business Wire

SAN JOSE, Calif. -- November 21, 2008

MineCore International, Inc. (OTCPK:MCIO), a global developer of gold and
gem-bearing properties, today announced that its Chairman, Mr. Jerry G.
Mikolajczyk, has won the prestigious Silicon Valley CFO of the Year Award in
the category of Interim CFO.

This award, sponsored by the major business journal for Silicon Valley,
recognizes leaders for innovation and effectiveness in financial controls. Mr.
Mikolajczyk won this award for his outstanding leadership abilities and his
turnaround of the Santa Clara Valley Transportation Authority (VTA) based in
San Jose, California.

Contracted in April 2007 through MineCore’s Infrastructure Division to provide
consulting services to Valley Transportation Authority, Mr. Mikolajczyk
assumed the role of Interim CFO to develop and implement a sweeping
reorganization and transformation project. Details of the project can be
viewed at: http://www.minecore.com/infrastructure.html.

“It was critical to retain an executive with the skills and experience
necessary to realign financial management practices,” said Valley
Transportation Authority General Manager Michael Burns. “Appointing Jerry
brought tremendous benefits to this major transportation agency.”

Mr. Mikolajczyk’s appointment reassured the financial community of VTA’s
commitment to sound financial practices and contributed to the upgrading of
VTA’s credit ratings. As a C-level team member with a staff of 119, Mr.
Mikolajczyk rapidly achieved many accomplishments, including increasing the
agency’s cash position by $150 million within the first 90 days of his term,
reducing debt by $72.2 Million, establishing two debt reduction funds with
$116 million, implementing numerous cost reduction programs and introducing
polices and procedures to increase efficiencies and the reporting of financial
data to management, the VTA Board and stakeholders.

“Interim CFO Jerry Mikolajczyk led a highly successful effort to create new
standards of process, performance and accountability that mirror the financial
practices of some of Silicon Valley’s best private companies,” said Breene
Kerr, Councilman, Los Altos Hills, past VTA Board Member, past Chairman of the
VTA Finance and Administration Committee, and currently a Director of
MineCore. “These savings and expected future ones are already having benefits
for Valley Transportation Authority customers.”

“I am very honored to win this Silicon Valley CFO of the Year award, and I am
privileged to have served Valley Transportation Authority,” said Mr.
Mikolajczyk, who is widely known primarily for his mining expertise and
sapphire properties in Madagascar. “Although my accomplishments at VTA are
notable, they pale in comparison to the value that VTA provides to the
citizens and neighbors of Santa Clara County and to the environment. VTA is a
robust and pivotal element of the transportation infrastructure in Silicon
Valley. I thank the staff of VTA for all of their support, as this award is a
credit to their loyalty and dedication to make VTA the best transit provider
in the world. I also want to thank the shareholders of MineCore for supporting
the company as I completed this special assignment which has provided
shareholder value in many ways, such as opening the gateway for MineCore to
enter the solar, semiconductor and LED markets through the supply of natural
sapphire.”

About Mr. Mikolajczyk

Jerry G. Mikolajczyk is Chairman and Chief Operating Officer of MineCore. He
is also the acting President of MineCore.

Mr. Mikolajczyk has more than 27 years of experience in executive and senior
management positions with large international mining, exploration,
construction and oil & gas companies. His business career spans more than 35
years with expertise in fiscal control, operations and construction with over
18 years in the mining industry, including operational experience in tar
sands, copper, uranium, gold, limestone and precious stones.

Mr. Mikolajczyk has worked for Fortune 500 companies such as BP Resources
(British Petroleum), SCI Group of Companies, Syncrude, Bechtel, Guy F.
Atkinson and INCO. Jerry is an internal control specialist and has performed
hundreds of internal audits including operations audits to SOX compliance
audits, internal control reviews and assessments. He is sought after as a
lecturer, and has authored papers on internal control, project control and P3
projects.

Mr. Mikolajczyk is the visionary behind MineCore’s vertical integration model
to harness the company’s sapphire-bearing properties in Madagascar to provide
cutting-edge, efficient worldwide energy solutions and applications for the
solar, semiconductor and LED markets through the supply of natural sapphire.

About VTA

Santa Clara Valley Transportation Authority (VTA) is an independent special
district responsible for bus, light rail and paratransit operations;
congestion management; specific highway improvement projects; and countywide
transportation planning. As such, VTA is both an accessible transit provider
and multi-modal transportation planning organization involved with transit,
highways and roadways, bikeways and pedestrian facilities. VTA has gross
assets of $3.3 Billion, debt of $891 Million and a cash portfolio exceeding $1
Billion as of June 30, 2007. For more information about VTA log on to
www.vta.org.

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 gold and
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
administrative 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.

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
our Web site at http://www.minecore.com/.

Contact:

MineCore International, Inc.
Investor Relations Department, 1-954-604-0913
Fax: 1-954-656-1128
investor@minecore.com
or
PRx for MineCore
Steven Mangold, 408-287-1700
steve@prxinc.com

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