• Pacific Empire Minerals (PEMC) has launched a reverse circulation drill program at its Weedon property in central British Columbia
  • Drilling will focus on the T1 target area, as well as those that surround it, and will build on previously completed programs by earlier operators
  • The company hopes to become the first explorer in the area to successfully reach bedrock
  • A Phase 1 drill program has also been completed at the company’s Worldstock property, with assays expected in the coming weeks
  • Pacific Empire Minerals (PEMC) is currently steady at C$0.15 per share

Pacific Empire Minerals (PEMC) has launched a reverse circulation drill program at its Weedon property in central British Columbia.

Located 80 kilometres north of the city of Prince George and 85 kilometres southeast of Centerra Gold’s Mount Milligan copper-gold mine, the 2,630-hectare property is an early exploration stage porphyry copper-gold prospect that hosts a number of potential targets.

One of these regions, the T1 target area, will be the subject of the current drill program. It is currently covered by glacial overburden of more than 50 metres, however, Pacific Empire was able to outline zones of bedrock where penetration might be achievable.

The program follows on from earlier drilling activities carried out by Cominco in 1991, Geoinformatics in 2007 and Teck Resources from 2010 to 2011, but Pacific Empire hopes to be the first explorer to successfully reach the bedrock zone.

Brad Peters, President and CEO of Pacific Empire Minerals, said he is excited to begin testing the T1 target at the Weedon property.

“We expect to receive drill permits for Jean Marie in the coming weeks, and although Jean Marie will be our focus in 2020, Weedon remains untested with drilling, despite previous exploration programs by sophisticated groups.

“The Weedon property demonstrates the potential to make a blind discovery in an easily-accessible area with robust existing infrastructure,” he added.

Pacific Empire also noted in today’s release that it has completed its previously announced Phase 1 drill program at the Worldstock property. A total of 10 reverse circulation holes were drilled over 1,049 metres, with a number already sent for laboratory analysis.

In several cases, the levels of copper anomalism increased with the depth of the hole, suggesting that the property may represent the upper reached of a porphyry copper-gold system.

Pacific Empire Minerals (PEMC) is currently steady at C$0.15 per share at 12:25pm EDT.

More From The Market Online
A gold bar from Dynacor Group's ore processing facility in Peru.

Green flags galore: Why to invest in Dynacor Group today

Gold stock Dynacor Group (TSX:DNG) announces a monthly dividend of C$0.01167 per share for August 2024 with eyes on further growth.
European minerals

Euro Sun Mining completes Critical Raw Materials Act submission

Euro Sun Mining (TSX:ESM) applies to the European Commission for the Rovina Valley Project under the Critical Raw Materials Act.
Drill rig at Corrales target zone on Coppernico Metals' Sombrero project in Peru.

Coppernico Metals begins drilling in Peru with TSX debut in sight

Coppernico Metals begins a drilling program at its Sombrero copper-gold project in Peru, setting the stage for a listing on the TSX.
Gold from Cascadia Minerals' outcrop sampling at its Catch property in the Yukon.

Three Canadian junior mining stocks positioned to thrive

Investors in Canadian junior mining stocks need some of the sturdiest stomachs in the market, but could end up earning multi-bagger returns.