TVI Pacific Inc. Issues Correction for Agata North Resource Estimate

TSX: TVI  OTCQX: TVIPF

CALGARY, April 12, 2013 /CNW/ - TVI Pacific Inc. (TSX:TVI) (OTCQX:TVIPF) ("TVI" or the "Company") is issuing a correction with respect to the Company's April 10, 2013 news release (disseminated at 7:30 a.m. eastern time), which was entitled "TVI Pacific Inc. Reports New Resource Estimate for Agata North".

The news release incorrectly stated (in the third bullet point appearing under the second paragraph) that estimated contained nickel is 39.1 million tonnes; the correct figure is 391 thousand tonnes.

The resource estimate referred to in the preceding paragraph is derived from an independent technical report, entitled "Independent Report on the Nickel Laterite Resource - Agata North, Philippines", prepared for TVI Resource Development Phils. Inc (TVIRD), TVI's Philippine affiliate, by Mark G. Gifford, MSc (Hons), a Fellow of the Australian Institute of Mining and Metallurgy, of Margaret River, Western Australia.  The technical report is available on SEDAR at (www.sedar.com) and on TVI's website at (www.tvipacific.com).

TVI has updated the applicable news release filed on its website at www.tvipacific.com   and on the SEDAR website at www.sedar.com.

About TVI Pacific Inc. (TSX: TVI) (OTCQX: TVIPF)

TVI Pacific Inc. is a Canadian resource company focused on the production, development, exploration and acquisition of resource projects in the Philippines and Southeast Asia. The Company produces copper and zinc concentrates from its Canatuan mine and is advancing its Balabag Gold-Silver project.  TVI is a participant/operator in several joint venture projects in the Philippines and Papua New Guinea and also has an interest in an offshore Philippine oil property.

Yulo Perez, Chief Operations Officer, TVIRD, a qualified person as defined by NI 43-101, has approved the scientific and the technical information contained within this press release.

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The Toronto Stock Exchange has neither approved nor disapproved of the information contained herein.

SOURCE: TVI Pacific Inc.