2005 News Releases

December 23, 2005
Closing of $351,000 financing, including $321,000 flow-through.

December 6, 2005
The 12 hole diamond drill program completed on Ryan Lake copper/molybdenum zone 1,000 feet north of the mill. The rig has been moved to test a copper/molybdenum showing 2 miles north of the mill.

November 2, 2005
The diamond drill program is underway on the former producing copper/molybdenum open pit located 1,000 feet north of the mill. The terms of the proposed financing have been revised to $0.05 per unit from $0.06 per unit.

October 25, 2005
Diamond drilling has started on Ryan Lake former producing copper/molybdenum open pit located 1,000 feet north of the mill.

October 13, 2005
Comox has completed an initial option agreement on 3,400 acres on the north boundary of the Ryan Lake claims. A financing of $300,000 is proposed for additional drilling on the Ryan Lake claims.

September 21, 2005
Assays reported for 2 diamond drill holes testing the extension of the past producing molybdenum open pit at Ryan Lake. Hole PC-05-07 returned an intersection of 32 meters (105 feet) grading 1.7 lbs/tonne (0.079%) molybdenum plus copper values.

September 19, 2005
Assays reported for 5 diamond drill holes in the area of the former underground mine at Ryan Lake. Hole PC-05-03 returned an intersection of 29 feet from 200 feet grading 0.61% copper and 1.63 lbs/tonne (0.074%) molybdenum, plus gold and silver values.

July 29, 2005
Financing of $316,641 closed including $223,956 flow-through.

July 25, 2005
Diamond drilling started on Ryan Lake copper/molybdenum project.

July 8, 2005
Diamond drill contract signed for Ryan Lake copper/molybdenum project.

June 28, 2005
Closing of $205,000 first tranche of financing.

May 11, 2005
Financing of $600,000 announced including $400,000 flow-through.

March 21, 2005
Molybdenum assays reported for the samples taken on the walls of the molybdenum pit which is located approximately 1,000 feet north of the underground mine which was in production during the 1950-1957 period. For due diligence and to assist in planning the exploration program, a series of two meter chip samples were taken on sections of the west and north walls of the molybdenum open pit. The chip samples totaling 24 meters in the syenite porphyry west and north walls of the averaged 0.15% molybdenum plus copper, gold and silver.

March 17, 2005
The previously announced C$200,000 financing documentation has been accepted for filing by the TSX Venture Exchange.

March 16, 2005
Announced the acquisition of a two year option to purchase the Ryan Lake copper-molybdenum property which consists of 10 claims totaling 513 acres, located near Matachewan, Ontario Canada. Ryan Lake Mines Ltd staked the claims in 1947 and put the property into production in 1950 at a 150 ton/day rate with a shaft sunk to 459 feet and development on four levels. The development extended 1,000 feet on an east-west direction and 500 feet north-south.

February 22, 2005
The previously announced $200,000 financing has been completed through a number of private placements.

February 1, 2005
Donald Empey announced the sale of 1,751,000 common shares of Pacific Comox through the facilities of the TSX Venture Exchange at a price of C$0.05 per share. The net proceeds will be used by the seller subject to regulatory approval to complete a proposed private placement of $85,000 of Pacific Comox units consisting of one share and a full warrant at a price of $0.06. The warrant will be exercisable at $0.08 per share for two years.

January 11, 2005
Financing of C$200,000 announced to be raised through a number of private placements. Financing in the form of units priced at $0.06 per unit consisting of one share and a full warrant exercisable at $0.08 per share for two years from closing.
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Stock Symbol / Exchange
Pacific Comox is listed on TSX Venture Exchange under the symbol “PCM".