Empirical Pacific Initiates Secured Fundraising Operation
Pacific Empire Minerals Corp. Announces Private Placement and Drilling Program for Trident Porphyry Project
Pacific Empire Minerals Corp. (TSXV: PEMC, OTC: PEMSF) has announced plans for a private placement, aiming to raise up to C$1,125,000. The offering will consist of both Hard Dollar Units and Flow-Through Units.
The Flow-Through Units will comprise one flow-through common share and one transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share at a price of C$0.06 for a period of two years. On the other hand, each Hard Dollar Unit will consist of one common share and one transferable common share purchase warrant, with each warrant allowing the holder to acquire one additional common share at a price of C$0.05 for a period of two years.
The funds raised from this private placement will be used for diamond drilling on Pacific Empire's Trident copper-gold-silver porphyry project and for general working purposes.
The Trident property, located in British Columbia, is an early exploration stage property hosting an alkalic porphyry copper-gold-silver prospect. Trident Resources Inc. began drilling the Trident copper-gold-silver porphyry project in 2025, with a planned drilling program of five drill holes aiming to explore and delineate high-grade gold mineralization, particularly focusing on the Contact Lake area.
Despite nearly 80 historical drill holes completed on the Trident property since the 1970s, the northern target area has never been tested due to access issues. However, improved access is now a significant development and is anticipated to contribute to cost-effective drill support and provide additional bedrock exposure.
The Trident drill program consists of a total of 5 holes, with each hole being approximately 500 metres deep, totaling 2,500 metres. This program represents a significant test of the Trident property in its 50-year history of exploration, with strong geological, geochemical, and geophysical evidence converging at the porphyry target, combined with the newly permitted access to undrilled breccia targets.
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.
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 may be purchased for $500,000 by Pacific Empire.
The Pinnacle project, 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, is also part of Pacific Empire's portfolio. Access to the Pinnacle is by road, including a new and expanding network of logging roads and trails throughout the main target areas. The property covers 6,618 hectares and is accessible by vehicle.
With PEMC's recently granted Multi-Year Area-Based Exploration Permit, this will be the first-ever drill test of these targets. The targets for the drill program include 1 porphyry confirmation hole at the historical A Zone, 2 porphyry discovery holes, and 2 breccia discovery holes.
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. The closing of the Offering is expected to occur on or around October 10, 2025, and is subject to all necessary approvals, including the approval of the TSX Venture Exchange.
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