Oceanic Iron Ore Corp. (TSX VENTURE:FEO)(OTCQX:FEOVF) ("Oceanic", or the
"Company") is pleased to announce that it has received its Project Guidelines
from the Kativik Environmental Quality Commission ("KEQC") through the Quebec
Ministry of Sustainable Development, Environment and Parks, Administration of
Environmental Assessment for Northern Mining Projects 'Ministere du
Developpement durable, de l'Environnement et des Parcs Direction de l'evaluation
environnementale des projets nordiques et miniers', or 'MDDEP' for its Hopes
Advance Bay project.


The receipt of KEQC Guidelines from the MDDEP advances the project to the next
stage in the overall assessment process provincially.


Steven Dean, Chairman and CEO commented: "We are pleased that the Provincial
assessment process has now progressed to the next stage. With both the
provincial and federal regulatory authorities having provided notice that their
evaluations have progressed we have moved the project another step closer to the
ultimate objective of permitting, construction, and subsequent operations."


OCEANIC IRON ORE CORP. (www.oceanicironore.com)

On behalf of the Board of Directors

Steven Dean, Chairman and Chief Executive Officer
Oceanic Iron Ore (TSXV:FEO)
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