|
|
2004 News Releases
December 11, 2004
Company reported it has raised
C$500,000 through a number of private placements. The financing
is in the form of units priced at C$0.12 consisting of one share
and one warrant exercisable for one share at C$0.20 for one year
from closing.
December 1, 2004
Previously announced C$100,000
financing completed.
November 24, 2004
Mark Ashcroft P. Eng. appointed to
the Board of Directors. Mark is Executive Vice-President of Toll
Cross Securities, Inc. and Head of Investment Banking. He is a
graduate of Laurentian University with a Bachelor of Engineering
(Mining) and a Masters of Science in Finance, Regulation and
Risk Management from the ISMA Centre of the University of
Reading.
November 13, 2004
The gold and silver assays for four
additional samples on the Famosa property were reported. The
silver, gold, copper, lead, and zinc assays for two samples
taken in the same area were previously reported.
November 11, 2004
The Pepa de Oro gold property has
been optioned in Chile. The property has been in production for
several years with a number of adits, drifts, and internal
shafts tracing high grade veins. The higher grade production is
trucked to a local mill. A leach pad was built to heap leach the
lower grade discarded material but it was not put into
production.
October 21, 2004
Company announced that Donald Empey,
President had sold 1,445,000 shares through the TSX-V Exchange
at $0.05sh with the proceeds of the sale being used to subscribe
for a $100,000 private placement of units at $0.08 consisting
one share and one warrant which is exercisable at $0.12 for two
years from closing.
August 12, 2004
The previously announced $250,000
financing through a number of private placements closed. The
financing consisted of units at $0.08 with a one-half warrant
exercisable at $0.12 for two years from closing. The President
of the Company subscribed for $50,000 of the financing. Main
uses of funds are working capital and funding the A.C.A. Howe
International Ltd. resource estimate for Mabel property.
June 18, 2004
Company announced that A.C.A. Howe
International Ltd had been contracted to prepare a resource
estimate for 6 areas of drill intersected mineralization on the
Mabel property. A proposed financing of $250,000 was announced
to fund the resource estimate and working capital. The financing
would be units at $0.08 with a one-half warrant exercisable at
$0.12 for two years from closing.
May 20, 2004
wo additional claims on the northwest
flank of Mabel were acquired through a government lottery at
minimal cost and with no issuance of shares. The claims total
390 hectares.
April 19, 2004
Pacific Comox reported it has received
the assays for the entire 97 hole, 1,955 meter, reverse
circulation drilling program on the Mabel property. Drilling in
the Carmelitas sector of the Mabel property outlined three main
mineralized areas, with the larger area returning an average of
2 g/t gold and 68 g/t silver over average intersections of 3
meters in 15 holes. In the Gate Zone, 14 holes over an average
interval of 4.1 meters averaged 1.3 g/t gold and 70 g/t silver
and encompass an area 600 meters north-south and 300 meters
east-west.
March 18, 2004
Assays reported for the initial 30 of 97
reverse circulation holes completed on the Mabel property have
expanded the areas of near surface gold/silver mineralization in
several zones. In the Gate Zone, 14 holes returned an average of
1.28 g/t gold and 69.8 g/t silver over an average interval of
4.1 meters in an area approximately 600m by 300m.
In the Micho Zone, which is the most northerly area to be
drilled on the Mabel property, a new zone of copper
mineralization has been located. In hole RC-62, an intersection
of 1.08 % copper over 23 meters was returned. This strong result
may indicate a proximal copper porphyry system.
January 20, 2004
The copper, lead and zinc assays have
been received for four grab samples for which the silver and
gold assays were previously reported. These four samples and two
others previously reported were taken from a rectangular grid 20
meters by 30 meters in dimension from a depth of approximately
one meter. The mineralization appears to be associated with a
fold nose and a cross-cutting fault which may form a chimney
about 30 meters in diameter. The identified mineralization is
typical of a CRD (carbonate replacement) type of deposit.
January 2, 2004
Company reported it has finalized plans
for a reverse circulation drilling program for a minimum of
2,500 meters on its Mabel and Famosa properties located in
northern Sonora State, Mexico.
| |
Corporate Review
Click here to for a general review of of our
ongoing projects. |
News Release Alerts
If you would like to be notified when Pacific Comox posts a news
release to their website please fill out and submit the
Investor Sign-up form. |
Stock Symbol / Exchange
Pacific Comox is listed on TSX Venture Exchange under the symbol
“PCM". |
Corporate Office
Pacific Comox Resources Ltd.
Suite 2300, Box 13
One Dundas Street West,
Toronto, Ontario
Canada M5G 1Z3
Tel: 416 977 4653
Fax: 416 977 8335
Email:
info@pacificcomox.com
|
|
|
