Pacific Empire Minerals Corp. announced that the mineralized breccia encountered in historical drilling at Jean Marie was encountered during the 2022 diamond drilling program and has successfully expanded the area of copper mineralization 200 metres to the northwest. Diamond drilling at Jean Marie during 2022 was successful in intercepting copper mineralization in both diamond drill holes that were completed.

Both drill holes were step-out holes from historical drilling at distances of 100 metres (JM22-01) and 200 metres (JM22-02) from historical drill hole 97-11. A total of 700 metres of drilling was completed in two holes. Laboratory assays have now been received and will be presented in detail in the coming days following a detailed review.

JM22-01 was drilled approximately 100 metres to the west of historical drill hole 97-11 and was drilled to a depth of 400 metres. Copper mineralization that was observed in the hole consisted of disseminated, vein and breccia style mineralization. JM22-02 was drilled a further 100 metres to the northwest of JM22-01 and was successful in intercepting the mineralized breccia from approximately 150 to 210 metres depth.

This hole was drilled to a depth of 300 metres. Pinnacle Property Update: Pacific Empire and 1111 Exploration Corp. (Eleven) have revised the terms of the option agreement on PEMC's Pinnacle property.

Under the revised option terms, Eleven may earn a 70% interest in Pinnacle by completing $3,000,000 in exploration expenditures on the project, paying PEMC an aggregate of $460,000 in cash payments ($75,000 paid) and issuing 3,800,000 common shares (500,000 issued) to PEMC by August 2026. Following the exercise of the Option, PEMC will retain a 30% free-carried interest in the Project until the date that Eleven publishes a NI 43-101 compliant Pre-Feasibility Study (PFS) on the Project. Following completion of the PFS, PEMC and Eleven will form a joint venture with Eleven holding a 70% initial interest and PEMC holding a 30% initial interest.

Exploration carried out by Eleven in 2021 was centred on the Aplite Creek prospect and included collection of 173 soil samples of standard B-horizon and 85 samples collected for mobile metal ion sampling (MMI) analysis. A drone UAV (unmanned aerial vehicle) magnetic survey covering an area of 4 km by 6 km was also completed. In addition, historical core from 2015 and 2017 that had not been completely sampled was analyzed for trace element values to aid geochemical vectoring.

Results were highly elevated for copper and gold and consistent with historical compiled data. Gold values returned a high value of 1,460 parts per billion (ppb) (24% of samples over 20 ppb) and copper values with a high value of 8,010 ppm (26% of samples over 100 ppm and 5% over 1,000 ppm). This 2021 sampling, combined with previous soil sampling, induced polarization surveys and the current magnetic survey, identified a northwesterly trending area of elevated copper and gold soil geochemistry coincident with magnetic highs and high chargeability over an area of 4 km by 1.2 km.

The geology comprises dykes and stocks of syenite and monzonite within andesite volcanics. Alteration is dominantly widespread propylitic with localized potassic alteration near and within intrusive rocks. This large area has seen only minor drilling in 1974 and 1990.

A second parallel zone to the northeast, of similar scale, is yet to be fully delineated. Eleven is currently planning a follow-up sampling program to expand the target outlined in 2021. This work will include additional soil sampling and expansion of the magnetic survey both northwest and southeast of the core Aplite Creek area.

This work will be greatly aided by a newly constructed logging access road completed in the winter of 2022. Col Property Update: A Notice of Work (NoW) has been submitted for the Col property. The application is for a Multi-Year Area Based permit (MYAB).

Located approximately 50 km to the southeast of Northwest Copper's Kwanika Deposit and 50 km to the northwest of Centerra Gold's Mt. Milligan Mine, the Col property covers 6,618 hectares and is accessible by vehicle using well established logging roads. Copper mineralization on the property was first discovered by Colin Campbell in 1969, while following up on anomalous stream sediment samples.

The following year Falconbridge Ltd. optioned the property and over the next two years completed IP and magnetic surveys, geological mapping, soil sampling and diamond drilling. This work identified the A Zone. Additional exploration programs were completed by Kookaburra Gold Corp.

from 1988 through 1991, Solomon Resources Ltd. From 2006 through 2008 and PEMC/Oz Minerals Ltd. From 2014 to 2015. All of these programs completed diamond drilling, geophysical surveys and geochemical sampling. The A Zone At the A Zone, copper-gold mineralization occurs along a strike length of approximately 300 metres at an azimuth of 120o and where best developed it is approximately 30 meters wide over a length of approximately 175 metres.

This zone was tested by a number of small diameter drill holes by Falconbridge Ltd. in 1971 with the best intersections assaying 0.84% Cu over 45.7 meters and 0.70% Cu over 51.8 metres (DDH-1971-13 and DDH-1971- 20, respectively). In 2007, Solomon Resources Ltd. followed up with diamond drilling at the A Zone and demonstrated that mineralization extended at depth. Until 2014, mineralization at the A Zone was believed to be associated with a shear zone, however while reviewing drill core from the A Zone, PEMC observed the presence of very well mineralized porphyry intrusions that are most likely responsible for the copper-gold mineralization due to their intimate relationship with quartz-sulphide veining and mineralization.