Pacific Empire Minerals Corp. announces that, further to its April 22, 2021 news release, the Company has closed a second and final tranche of the oversubscribed non-brokered private placement for gross proceeds of $289,999.98. The aggregate gross proceeds from the Second Tranche and the first tranche of the Offering were $1,266,553.86. The Company issued 4,833,333 units at a price of $0.06 per unit pursuant to the Second [...]
Pacific Empire Minerals Corp. announces that the Company has closed the first tranche of the oversubscribed non-brokered private placement that the Company previously announced on April 22, 2021. The Company has issued 16,275,898 units at a price of $0.06 per unit for gross proceeds of $976,533.88. Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant . Each Warrant [...]
Pacific Empire Minerals Corp. is pleased to announce the appointment of Mr. Thomas Hawkins, Ph.D., P.Geo as Vice President of Exploration, effective immediately. In addition, the Company announces that it has granted incentive stock options to employees, directors, officers and consultants of PEMC to acquire an aggregate of 2,150,000 common shares at $0.06 per share, for a period of three years. These incentive stock [...]
Pacific Empire Minerals Corp. is pleased to report on assay results received for the Jean Marie Project in BCa. Highlights: Copper mineralization was encountered in 13 of 15 holes with 8 holes averaging greater than 1000 ppm copper over the entire length of hole. A broad, tabular zone of elevated Cu values was delineated over an area of approximately 400 x 500m; this zone remains open to the NE and SW and suggests the [...]
Pacific Empire Minerals Corp. is pleased to announce it has signed a binding Definitive Agreement to grant 1111 Acquisition Corp. an exclusive option to earn a 70% interest in the Company's 14,040-hectare Pinnacle Copper-Gold Project in north-central British Columbia, Canada. The contemplated transaction was first announced in a press release dated August 26, 2020. Highlights of the Agreement include: PEMC retains a 30 [...]
Pacific Empire Minerals Corp. is pleased to announce it has signed a Definitive Agreement to grant CAVU Mining Corp. an exclusive option to earn up to a 100% interest in the Company's 3,070-hectare Kitimat Copper-Gold Project in British Columbia, Canada. Highlights of the Agreement include: Cash payments of CDN$390,000 over 3 years to PEMC; Share payments of 1,325,000 to PEMC; A minimum of CDN$1,000,000 of exploration [...]
Pacific Empire Minerals Corp. is pleased to provide an update on its 2020 exploration activities. During 2020, a total of 27 reverse circulation drill holes were completed at the Company's Jean Marie, Worldstock and Weedon properties in British Columbia. In addition, an airborne magnetic survey and rock sampling programs were completed at Jean Marie, where PEMC was successful in confirming the potential for gold-enriched [...]
Pacific Empire Minerals Corp. is pleased to announce the appointment of George Cavey P.Geo, as a Qualified Person within the meaning of National Instrument 43-101 - Standards of Disclosure for Mineral Projects . The Company also announces the resignation of Mr. Rory Ritchie as Pacific Empire's Vice President of Exploration and Director, effective immediately. Brad Peters, Pacific Empire's President and Chief Executive [...]
Pacific Empire Minerals Corp. is pleased to announce the engagement of Messrs. George Cavey P.Geo and Douglas Cavey of OreQuest Consultants Ltd as technical advisors to the Company. OreQuest's initial mandate will include reviewing all available technical data gathered to date at PEMC's Jean Marie copper-gold project, and designing the exploration program at the property. George Cavey is a senior consulting geologist and [...]
Pacific Empire Minerals Corp. is pleased to announce the receipt of its 2020 Notice of Work Mineral Exploration Permit from the BC Ministry of Energy Mines and Petroleum Resources. The multi-year exploration permit encompasses 100 reverse circulation and 20 diamond drill hole sites at the Company's flagship, Jean Marie Cu-Au-Ag-Mo project in north-central British Columbia. 2020 Exploration Drilling Drilling at Jean Marie [...]
Pacific Empire Minerals Corp. is pleased to report rock sample assays received from its Jean Marie Copper-Gold-Silver-Molybdenum porphyry project in north-central British Columbia, located 50 kilometres west of Centerra Gold Ltd.'s Mt. Milligan copper-gold mine. Highlights: 8.79 g/t gold, 86.6 g/t silver and 1.75% copper in rock sample at newly identified Leap Target Area; Continuous chip sampling yields 4 metres grading [...]
Pacific Empire Minerals Corp. , a hybrid prospect generator focused in British Columbia, is pleased to announce the start of reverse circulation drilling activities at the Weedon Property in central British Columbia, 80 kilometres north of the city of Prince George and 85 kilometres southeast of Centerra Gold Inc.'s Mount Milligan Copper-Gold Mine. In addition, Phase 1 drilling at Worldstock is now complete and assays are [...]
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