May 29, 2018 - Vancouver, BC, Canada - Pacific Empire Minerals Corp. (TSXV: PEMC) (“Pacific Empire”, “PEMC” or the “Company”), a hybrid prospect generator focused in British Columbia, is pleased to announce that reverse circulation drilling has commenced at its Wildcat Property. In addition, the Company has now received preliminary data from its recently completed airborne magnetic survey at the Moffat Property.
Wildcat Property – Reverse Circulation Drilling
An initial 10 hole reverse circulation drilling program is now underway with the objective of testing a roughly 3.5 x 1.5 kilometre area of anomalous chargeability identified by PEMC during the spring of 2017. The target area is immediately to the north of historical drilling completed by Cayden Resources in 2011 that encountered hydrothermal alteration assemblages typical of those found distal to copper +/- gold porphyry systems.
The Property is located 10 kilometres to the southwest of Centerra Gold’s producing Mount Milligan Mine within the highly productive Quesnel Terrane, is easily accessible by vehicle and is close to hydroelectric power.
“We are excited to continue drilling projects within our portfolio,” commented Brad Peters, President and CEO of PEMC. “By continuously drilling we are able to provide discovery exposure to our shareholders, especially with projects that are close to existing mine operations.”
Moffat Property – Airborne Magnetic Survey Completed
A 208 line-kilometre airborne magnetic survey has recently been completed and preliminary data has been received by the Company. Results from the survey will be used to prioritize drill targets for testing with the Company’s reverse circulation drill in 2018. The survey was conducted by Peter E. Walcott & Associates Ltd. using a helicopter-mounted “stinger” magnetometer with lines spaced 200 metres apart.
Pacific Empire’s President & CEO Brad Peters stated: “Using a “stinger” that is directly attached to the helicopter versus a “towed array” that hangs beneath the helicopter allows the helicopter to fly at greater speeds resulting in reduced survey times and associated costs. Initial results from the airborne survey show a number of areas of interest based on the presence of roughly ovate magnetic signatures on the property.”
The 4,090 hectare Moffat Property is located approximately 56 kilometres east of Williams Lake and 15 kilometres to the south of Consolidated Woodjam Copper’s Woodjam North and South Projects.
The claims cover the northeast portion of a prominent airborne magnetic anomaly within the Quesnel Terrane. The Quesnel Terrane is host to several large tonnage copper-gold porphyry deposits including New Gold’s Afton Mine, Imperial Metals’ Mount Polley Mine, Taseko Mines’ Gibraltar Mine and Centerra Gold’s Mount Milligan and Kemess deposits.
Additional information on the Company and its projects can be found on SEDAR at (www.sedar.com ), and on the Company’s website at www.pemcorp.ca . You may also email firstname.lastname@example.org or call Investor Relations at (604) 356-6246.
Rory Ritchie, P.Geo., Vice President of Exploration for the Company, serves as a qualified person as defined by National Instrument 43-101 and has reviewed the scientific and technical information in this news release, approving the disclosure herein.
About Pacific Empire Minerals Corp.
PEMC is an exploration company based in Vancouver, British Columbia, that employs a "hybrid prospect generator" business model and trades on the TSX Venture Exchange under the symbol PEMC. The Company’s strong portfolio of projects is a result of continuous generative work conducted since the Company’s inception in 2012.
By integrating the project generator business model with low-cost RC drilling, the company intends to leverage its portfolio by identifying, and focusing on, the highest quality projects for partnerships and advancement.
ON BEHALF OF THE BOARD,
President and Chief Executive Officer
Pacific Empire Minerals Corp.
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