2003 News Releases

October 15, 2003
The average assays for the 23 holes in the just completed RC program which averaged over 0.3g/t was 1.8g/t gold, 62g/t silver and a gold equivalent grade of 2.6g/t gold over an average intersection of three meters on nine outcropping gold/silver quartz vein systems.
This program was successful in identifying a zone of high grade mineralization in the Carmelitas Area where 10 holes of 12 drilled averaged 2.5g/t gold and 94g/t silver over an average thickness of three meters, with many intersections starting at surface. On a gold equivalent basis the grade was 3.8g/t gold. The ten holes identified a tabular shaped zone, at or very near surface, which is approximately 150 meters by 100 meters and is open in all directions.

September 17, 2003
A 44 hole RC drilling program has been completed on the Mabel property. The 556m program tested 14 outcropping quartz vein systems. Nine gold/silver bearing veins that were outlined in the surface trench sampling previously reported in earlier 2003 were tested. In addition, five quartz vein outcrops which had not been sampled by surface trenches were each tested by one or more holes.

September 4, 2003
The Company reports the approximately 500m reverse circulation drilling program has started on its Mabel property. About 25 holes are planned to test the grade, thickness and lateral extent of several of the nine gold/silver bearing veins that were outlined in previous work.
August 27, 2003
A reverse circulation drilling program of about 500m has been finalized for the Mabel property.

August 7, 2003
The results from the 15 hole, 1,500m diamond drill program on the Mabel property in Sonora, Mexico were disappointing. The drilling concentrated on investigating the the stacked vein potential at depth to the south and west of several of the gold/silver bearing guartz veined outcrops. The best intersection in the Carmelitas area was in DDH-1 that returned 1.9g/t Au, 34.1g/t Ag over 1.25m (-13.0 to 14.25m). Hole DDH-12 returned 3.9g/t Au and 59g/t Ag over 1.5m (-34.5 to 36m). This hole tested a north-south vein structure to the south of the Carmelitas area. An approximately 500m reverse circulation program is planned for the Mabel property.

July 29, 2003
The Famosa gold-silver-lead-zinc concession located 60km south of Caborca in Sonora State, Mexico has been acquired through a lottery process operated by the Government of Mexico. Grab samples performed by Pacific Comox from a 25m to 30m wide structure on the property returned up to 2.2 g/t Au, 227 g/t Ag, 3.6% Pb and 4.0% Zn. Mineralization appears to be associated with the structure. The property is underlain by limestone and dolomite.

June 12, 2003
The previously announced financing of C$425,000 has closed. The funds were raised through a number of private placements of units priced at C$0.10/unit consisting of one share and one-half share purchase warrant, a warrant is exercisable for one share at C$0.15 for one year to June 12, 2004.

May 30, 2003
An approximately 1,500m diamond drilling program has started on the Mabel property in Northern Sonora State, Mexico.

May 26, 2003
Pacific Comox has completed a C$425,000 financing through a series of private placements.

May 22, 2003
Additional encouraging trench sampling results on Mabel property.

March 11, 2003
Pacific Comox Resources Ltd. has today granted, subject to regulatory approval, incentive options for the purchase of a total of 3,300,000 of its common shares.

March 10, 2003
Pacific Comox Resources Ltd. (the Company) is pleased to report that it has received encouraging results from a recently completed mapping, sampling and trenching program on the Mabel property located in Northern Sonora, Mexico.

February 21, 2003
Previous Sampling On Mabel Property Encouraging. Previous sampling returned 1.8g/t gold and 58g/t silver from 109 samples each three meters in length.

February 18, 2003
Comox Completes Reactivation Plan. TSX Venture Exchange issues Exchange Bulletin indicating the reactivation plan is completed and the NI 43-101 technical report on the Mabel property is accepted for filing.
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Stock Symbol / Exchange
Pacific Comox is listed on TSX Venture Exchange under the symbol “PCM".