Cogitore Initiates Drilling of Gold Hill Showing at Lemoine

Cogitore Initiates Drilling of Gold Hill Showing at Lemoine Project 
TORONTO, ONTARIO -- (Marketwire) -- 11/20/12 -- Cogitore Resources
Inc. (the "Company") (TSX VENTURE:WOO) is pleased to report the
beginning of a drilling program testing the Gold Hill showing at its
Lemoine project south of Chibougamau, Quebec. The program is entirely
funded by Blackrock Metals.  
Blackrock is a private company currently advancing an adjoining
iron-titanium-vanadium project to production. In exchange for certain
road and railroad access and rights of way, Blackrock has agreed to
fund a phased condemnation drilling program along a portion of the
north boundary of Cogitore's Lemoine property. A total of 1,393
metres in 5 holes have already been drilled (and paid for) by
Blackrock in 2012. No significant assays were obtained in the first
phase drilling. However, additional drilling has started in the
vicinity Gold Hill gold showing where four shallow holes are planned,
including a contingency hole.  
Results of recent chip sampling of the Gold Hill showing by Cogitore
included up to 0.92% copper and 85.4 g/t gold (2.49 oz/ton gold), and
0.87% copper and 1.9 g/t gold over narrow widths. These results are
consistent with historical surface sampling reported by Teck
Exploration Ltd in 1999 which included grab samples up to 2.8% copper
and 48.2 g/t gold, and a chip sample returning 6.3 g/t Au over 7.3
metres. The gold-copper mineralization at Gold Hill is associated
with a NNE oriented vein structure developed within intrusive rocks
of the Lac Dore Complex, which is the same unit hosting all of the
ore produced in the Chibougamau Camp. Historical cumulative
production from the main Chibougamau Camp totalled 43 Mt grading 1.7%
Cu and 2.3 g/t Au for a total production of 1.6 billion pounds of
copper and 3.2 million ounces of gold. 
"The on-going development work by Blackrock provides Cogitore with a
unique opportunity to test a very interesting gold showing at no cost
to the Company. We are looking forward to seeing the results of the
program" says Dr. Gerald Riverin, President and CEO. "Vein type gold
deposits are not at all uncommon in mining camps yet recognized for
their volcanogenic massive sulphide (VMS) deposits. The nearby past
producing Lemoine mine being one of the highest 
grade VMS deposits in
the world with 4.2 g/t gold in addition to 4.2% copper and 9.8% zinc
is perhaps telling us that Cogitore's Lemoine property may also have
good potential for gold deposits other than VMS type and the Gold
Hill showing may be reflecting exactly that."  
Recent assays mentioned in this press release were done at ALS
Minerals laboratories of Val d'Or, Quebec, with appropriate
standards, duplicates and replicates used for quality control
Work is carried out by the Company's personnel, under the supervision
of Gerald Riverin, PhD, P.Geo. He is a qualified person (as defined
by National Instrument 43-101) and has more than 35 years of
experience in VMS exploration. 
The Lemoine project is located in the Chibougamau mining camp,
Quebec, which is a natural resource based community serviced by rail,
paved highways and regularly scheduled air service. Major forestry
roads traverse the Lemoine property. In the 1950's and 1960's
Chibougamau was one of Canada's largest copper producing districts. 
The Company's strategic focus is on base metal exploration in
prospective areas that also feature infrastructure favourable for
mining development. Its current focus is in the Abitibi Belt of
Quebec and Ontario.  
Caution Regarding Forward-Looking Information  
This news release includes certain forward-looking statements within
the meaning of Canadian securities laws. Forward-looking statements
involve risks, uncertainties and other factors that could cause
actual results, performance, prospects and opportunities to differ
materially from those expressed in such forward-looking statements.
Forward-looking statements in this news release, include, but are not
limited to, economic performance and future plans and objectives of
the Company. Any number of important factors could cause actual
results to differ materially from these forward-looking statements as
well as future results. Although Cogitore believes that the
assumptions and factors used in making the forward-looking statements
are reasonable, undue reliance should not be placed on these
statements, which only apply as of the date of this new release, and
no assurance can be given that such events will occur in the
disclosed timeframes or at all. Cogitore disclaims any intention or
obligation to update or revise any forward-looking statement, whether
as a result of new information, future events or otherwise.  
Neither the 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. 
Cogitore Resources Inc.
Gerald Riverin
President & CEO
Cogitore Resources Inc.
Mark Goodman
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