Rogue Iron Ore Intersects 318 Meters of 40% Total Iron and 308 Meters of 40% Total Iron

Rogue Iron Ore Corp. (TSX VENTURE:RRS) (the "Company") is pleased to announce
results from drilling at its Radio Hill Iron Ore Project, located 85 km
southwest of Timmins, Ontario. RH-11-22 intersected 318 meters of 40% total iron
(33% DTWR) and drill hole RH-11-24 intersected 308 meters of 40% total iron (31%
DTWR). Both holes were drilled through the northwestern limit of the thickened
portion of the iron formation. RH-11-20 and RH-11-23 tested the southern and
western extents of mineralization. The Company is awaiting results for a number
of holes drilled along strike of holes 22 and 24. The current 10,000 meter drill
program began in August 2011 with the objective of outlining a NI 43-101
complaint resource estimate. 


"These are exciting results as they give further credibility to our historical
model as well as its potential at depth. Our primary focus continues to be to
define a resource using historical work to help guide exploration," commented
Company President and CEO, Stephen de Jong. "Rogue is unlike any other iron
exploration/development company in Canada, in that it is not burdened with
infrastructure constraints. Along with power, water, and the advantage of a
highly skilled labor force an hour's drive away, Radio Hill has direct rail
access to both the North American steel market and a deep sea port."


To view a cross-section and drill plan map showing the latest results please
click on the following links:


Drill Plan Map: http://media3.marketwire.com/docs/RH_Plan.pdf

Cross-Section of Hole 24: http://media3.marketwire.com/docs/RH_Cross.pdf



Table 1: Radio Hill Phase One Drilling                                      
                                                                            
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                      From         To    Core interval      Total           
Hole #                 (m)        (m)              (m)       Fe %      DTWR%
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RH-11-20              12.0       21.9              9.9       38.7       26.5
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RH-11-22              15.6      333.9            318.3       40.2       32.9
----------------------------------------------------------------------------
  including          114.0      297.0            183.0       44.1       39.2
----------------------------------------------------------------------------
RH-11-23              54.0       73.9             19.9       43.9       22.6
----------------------------------------------------------------------------
RH-11-24             100.5      408.0            307.5       40.1       31.0
----------------------------------------------------------------------------
  and                446.3      482.0             35.7       33.7       21.7
----------------------------------------------------------------------------
Calculated: Davis Tube Weight Recovery (DTWR)=1.546(Satmagan) - 0.858. Core 
 intervals lengths are between 60 to 80% true width.                        
RH-11-21 did not return any significant iron values.                        



The Company also announces it has updated its corporate presentation to include
the latest results. To view the Company's presentation please click on the
following link: 


http://file.marketwire.com/release/rrs403_NR.pdf 

As of April 1, 2012, the Company has completed 31 holes at Radio Hill for a
total of 7,828 meters since drilling commenced in the fall of 2011. The Company
also assayed and reported on 3 holes drilled prior to the 2011 campaign that
were never originally tested for iron (an additional 1,046m). Drill samples have
been submitted on a weekly basis beginning in the New Year such that a steady
flow of results is expected into the spring. 


The outcome of the current drill program will be a NI 43-101 compliant resource
estimate. While results to date appear to correlate with historical work,
attempts to incorporate the historical assays into the preliminary resource
model are no longer being explored as the correlation between acid soluble and
modern XRF assaying could not be established to the level of confidence required
to meet NI 43-101 reporting. 


The Company has also commenced initial exploration work on the 12km strike
length of the Nat River iron formation, located 6km to the east. Initial work
will consist of ground magnetic surveys for the purposes or targeting and
surface sampling.


ABOUT RADIO HILL: 

Radio Hill is a taconite (magnetite) iron formation located 85 southwest of
Timmins and is accessed by Highway 101. Original exploration work at Radio Hill
was conducted in the 1960s, when iron ore prices were less than one fifth of
what they are today. Although low prices existed the project still had a
feasibility study completed and a market secured. Since that time ownership of
the asset has been fragmented and with various landholders owning various parts
of the deposit. Over the past 50 years little to no iron exploration work took
place until Rogue acquired both the historical resource and the surrounding
12,000 hectares of highly prospective ground including the 12km Nat River Iron
Formation. The property is transected by a heavy gauge portion of the CN Rail
mainline at the active Kukatush rail siding. There is power and water in the
immediate vicinity north of the present drilling.


QUALITY CONTROL AND ASSURANCE 

All drill core samples have been split and shipped by the Company to SGS
Lakefield, where the samples are prepared and analyzed by fusion with lithium
tetraborate-XRF for SiO2, Al2O3, CaO, Fe2O3, K2O, MgO, TiO2, P, Mn and Cr2O3,
and retained moisture (LOI) by multi-temperature. Sulphur and sulphide analysis
is done separate to the XRF analysis. Satmagan readings are done on each sample.
A magnetite concentrate for some holes is produced using Davis Tube concentrator
(DT) giving a weight recovery percentage (DTWR). The concentrate is then
analysed by fusion with lithium tetraborate-XRF for SiO2, Al2O3, CaO, Fe2O3,
K2O, MgO, TiO2, P, Mn and Cr2O3 and retained moisture (LOI) by
multi-temperature. The company inserts systematic duplicates, blanks and
standard samples every 30 samples to verify and assure acceptable consistency of
analysis. SGS labs are an internationally recognized leader in iron ore
analysis. Kevin Montgomery, P.Geo., is the qualified person for the purposes of
National Instrument 43-101 and has reviewed the technical contents of this press
release. 


X-ray fluorescence (XRF) spectroscopy is commonly used to determine the iron
grade of a deposit, reported as 'total iron'. In the case of taconite iron
formations where the mineral of interest is magnetite, a strongly magnetic
mineral, a direct physical measurement is conducted using the Davis Tube test
technique. In the instance of Radio Hill the Davis Tube results are the most
important parameter, since it is this parameter that is used to calculate
mineral resource estimates.


ABOUT ROGUE IRON ORE CORP. 

Rogue Iron Ore is an iron exploration and development company with offices in
Vancouver BC, and Timmins, ON. The Company's primary asset is its Radio Hill
Iron Project located 85km southwest of Timmins, Ontario.


Key Company milestones expected in the near term are:



--  Ongoing results from drilling at Radio Hill Iron Project 
--  Completion of Radio Hill resource estimate 
--  Announcement of JVs or other partnerships on non-core assets 
--  Appointment of key personnel to technical and management teams 



ON BEHALF OF THE BOARD OF DIRECTORS

Stephen de Jong, President & CEO

Follow Rogue Iron Ore Corp. On: 

Facebook: http://www.facebook.com/rogueiron 

Twitter: http://twitter.com/rogueiron 

Cautionary Note Regarding Forward Looking Statements: Certain disclosure in this
release constitute forward-looking statements. In making the forward-looking
statements in this release, the Company has applied certain factors and
assumptions that are based on the Company's current beliefs as well as
assumptions made by and information currently available to the Company,
including that the Company is able to obtain any government or other regulatory
approvals required to complete the Company's planned exploration activities,
that the Company is able to procure personnel, equipment and supplies required
for its exploration activities in sufficient quantities and on a timely basis
and that actual results of exploration activities are consistent with
management's expectations. Although the Company considers these assumptions to
be reasonable based on information currently available to it, they may prove to
be incorrect, and the forward-looking statements in this release are subject to
numerous risks, uncertainties and other factors that may cause future results to
differ materially from those expressed or implied in such forward-looking
statements. Such risk factors include, among others, that actual results of the
Company's exploration activities will be different than those expected by
management and that the Company will be unable to obtain or will experience
delays in obtaining any required government approvals or be unable to procure
required equipment and supplies in sufficient quantities and on a timely basis.
Readers are cautioned not to place undue reliance on forward-looking statements.
The Company does not intend, and expressly disclaims any intention or obligation
to, update or revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by law.