Newsfile
February 27, 2025 12:30PM GMT
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2025) - Pacific Empire Minerals Corp. (TSXV: PEMC) ("Pacific Empire", "PEMC" or the "Company"), a British Columbia copper-gold explorer, is pleased to announce updated exploration target areas at its Trident and Pinnacle projects. These properties, located approximately 50 km west of the Mt. Milligan Mine (operated by Centerra Gold) and 30 km southeast of the Kwanika deposit (owned by Northwest Copper Corp.), represent significant copper-gold exploration opportunities.
Trident Project: Priority Target Areas
The Trident Project is currently the primary focus for Pacific Empire. The main exploration target is a gold-enriched copper porphyry system, supported by robust copper, gold, and zinc soil geochemistry. Key findings include:
Figure 1 - Compilation of geochemical and IP geophysical data
with 2025 drill targets at Trident
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5412/242581_3ee9b15b14f40961_002full.jpg
Figure 2 - Resistivity high extending to depth at primary target area at Trident
(Level Slice at 500m depth from the 2024 Mobile MT Survey)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5412/242581_3ee9b15b14f40961_003full.jpg
Figure 3 - Resistivity high extending to depth at primary target area at Trident
(From the 2024 Mobile MT Survey)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5412/242581_3ee9b15b14f40961_004full.jpg
Figure 4 - Resistivity high extending to depth at Mt. Milligan Mine
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5412/242581_3ee9b15b14f40961_005full.jpg
Significance of Sinistral Transpression at Trident and Pinnacle:
Figure 5 - Regional geology showing distinctive "Elbow" feature potentially resulting from
Middle-Late Jurassic sinistral transpression
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5412/242581_3ee9b15b14f40961_006full.jpg
Figure 6 - Northwest trending structural corridor
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5412/242581_3ee9b15b14f40961_007full.jpg
Figure 7 - North trending structures at the Mt. Milligan Mine
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5412/242581_3ee9b15b14f40961_008full.jpg
Pinnacle Project: Emerging Targets
The Pinnacle property, located immediately west of Trident, has two primary target areas:
Figure 8 - Exploration targets at Pinnacle with recent forestry cutblocks and new roads
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5412/242581_3ee9b15b14f40961_009full.jpg
Gold in the Klawli River
The Klawli River, which separates the Trident and Pinnacle properties, has demonstrated gold potential. Panning in the river has yielded significant gold, ranging from fine flour gold to flakes measuring approximately 1 mm thick and 2-3 mm in diameter. The presence of placer gold in the Klawli River suggests a nearby hard-rock gold source, further underscoring the potential for additional discoveries in the region.
Figure 9 - Gold from the Klawli River.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5412/242581_3ee9b15b14f40961_010full.jpg
Moving Forward
Pacific Empire is excited to advance exploration programs on both properties, focusing on refining drill targets and launching a systematic drill program in the coming months at Trident. These projects underscore the company's commitment to unlocking the mineral potential in this prospective region.
Pacific Empire is actively engaging with corporate and strategic partners to drive the advancement of our Trident and Pinnacle projects.
From March 2 to March 5, 2025, we'll be attending the Prospectors and Developers Conference (PDAC) in Toronto, where we'll be meeting with investors and potential partners to explore new opportunities.
"Our recent exploration advancements at Trident and Pinnacle provide a strong foundation for our next phase of drilling. We are eager to test these compelling targets and believe they hold significant potential," said Brad Peters, President and CEO of Pacific Empire Minerals Corp. "It was the large-scale structural architecture in this area that caught our attention in 2012 and since that time all of the evidence suggests we are on the right path and in the right spot to make a discovery in 2025."
2025 Exploration Plans at Pinnacle
The Pinnacle property, located immediately west of Trident, now has extensive road access due to ongoing logging operations over the past few years. Additionally, widespread forest fires in 2022 cleared large areas of the property, creating new opportunities for prospecting and mapping.
Initially, the Company intends to evaluate the extent of new road building, which will be followed by extensive prospecting in new areas that were previously inaccessible. The priority will be to identify new areas of exposed rock while mapping and collecting rock samples, ideally in areas where new road building has exposed previously hidden bedrocck.
"For years, large areas of Pinnacle remained virtually inaccessible due to dense forest cover and a lack of access roads. This is no longer the case. With extensive road-building activities from logging operations, we are excited about the opportunity to prospect newly created roads and roadcuts for fresh rock exposures. Historically, the only known outcrop at Pinnacle has been in the Aplite Creek area, where copper and gold have been observed, which also coincides with the only exposed outcrop on the property," commented Brad Peters, President, CEO, and Director of Pacific Empire.
About Trident
The Trident property is an early exploration stage property hosting an alkalic porphyry copper-gold-silver prospect with district-scale potential that is accessible by vehicle. The property is located approximately 50 km to the southeast of NorthWest Copper Corp.'s Kwanika Deposit and 50 km to the northwest of Centerra Gold's Mt. Milligan Mine. The property covers 6,618 hectares endowed with well-established logging roads providing important efficient access to conduct exploration programs.
Copper mineralization on the property was first discovered in 1969, while exploration crews were following up on anomalous stream sediment samples. The following year, Falconbridge optioned the property and over the next two years completed IP and magnetic surveys, geological mapping, soil sampling and diamond drilling. This work ultimately led to the discovery of the A Zone.
Additional exploration programs were completed by Kookaburra Gold Corp. from 1988 through 1991, Solomon Resources Ltd., from 2006 through 2008. In 2013, PEMC optioned the property and in 2014, in turn, PEMC optioned the property to Oz Minerals which completed during that same year, an IP survey and completed a two drillhole, diamond drill program at Trident.
In 2022, Pacific Empire acquired a 100% interest in the property in exchange for granting the vendors a 2% net smelter return royalty ("NSR"). One-half (1%) of the 2% NSR which may be purchased for $500,000 by Pacific Empire.
Prior to 2014, known mineralization on the property was believed to be associated with fracture and/or shear zones structures striking 120 degrees and dipping 75 degrees towards the northeast. A review of historical drill core by the Pacific Empire exploration team has led to a much different interpretation with respect to the nature of known mineralization on the property. The most important observation made was the determination of the presence of hornblende-feldspar monzonite porphyry intrusions detected within drill core obtained from the A Zone. These types of porphyry intrusions are typically characterized by sheeted quartz sulphide veins hosting disseminated chalcopyrite and bornite residing immediately adjacent to and within the porphyry dikes. Other observations include the highest grades noted in historical drilling can be seen to be directly associated with intervals where such porphyry intrusions occur.
About Pinnacle
The Pinnacle project is located 60 km west of Centerra Gold's Mt. Milligan Copper-Gold Mine and 30 km southeast of NorthWest Copper's Kwanika Copper-Gold Deposit in a proven copper-gold porphyry district. Access to the Pinnacle is by road including a new and expanding network of logging roads and trails throughout the main target areas. This improved access is a significant development and is anticipated to contribute to cost effective drill support and provides additional bedrock exposure.
Qualified Person's Statement
Kristian Whitehead, P.Geo., serves as a qualified person as defined by NI 43-101 and has reviewed the scientific and technical information in this news release, approving the disclosure herein.
About Pacific Empire
Pacific Empire is a copper exploration company based in Vancouver, British Columbia and trades on the TSX Venture Exchange under the symbol PEMC. The Company has a district scale land position in north-central British Columbia totaling 22,541 hectares.
British Columbia is a "Green" copper jurisdiction with abundant hydroelectric power, access and infrastructure in close proximity to the end market.
ON BEHALF OF THE BOARD,
"Brad Peters"
President, Chief Executive Officer and Director
Pacific Empire Minerals Corp.
Tel: +1-604-356-6246
brad@pemcorp.ca
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.
Forward-Looking Statements
Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-Looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, or other similar expressions. All statements, other than statements of historical fact, are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume and the additional risks identified the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. Forward-Looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made, and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/242581