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.
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Stock Symbol / Exchange
Pacific Comox is listed on TSX Venture Exchange under the symbol “PCM".