Pacific Empire Closes Second Tranche of Private Placement and Announces Arrival of Omineca Drilling at Trident
Newsfile·2025-10-15 11:30

Core Viewpoint - Pacific Empire Minerals Corp. has successfully closed the second tranche of its private placement and is set to commence diamond drilling at its Trident Copper-Gold Project, marking a significant milestone in the company's exploration efforts [1][4][6]. Funding and Financials - The second tranche of the private placement raised gross proceeds of C$140,702, bringing the total raised to C$1,526,991.95 [2]. - Finder's fees for both tranches totaled C$56,611.94 in cash and 1,539,984 finder warrants [3]. Drilling Program - Omineca Drilling Ltd. has arrived at the Trident camp, with diamond drilling set to begin, involving five holes totaling approximately 2,500 meters [4]. - The drilling program is fully permitted and aims to test both porphyry and breccia targets that have never been drilled before [4][14]. Geological Context - The targets are located along the contact between the Hogem Plutonic Suite and the Chuchi Lake volcanic succession, a geological setting known for hosting numerous copper-gold porphyry deposits in British Columbia [5]. - Historical exploration has identified nearly 80 drill holes south of the creek, but the newly permitted northern area has never been drilled, making it a high-priority target [9][13]. Strategic Importance - The Trident drill program is timely, coinciding with increasing global copper demand driven by electrification and electric vehicle adoption [14]. - The combination of historical mineralization, geophysical and geochemical anomalies, and newly permitted access to previously untested targets presents a unique discovery opportunity [15]. Company Overview - Pacific Empire is a copper exploration company based in Vancouver, British Columbia, with a district-scale land position totaling 22,541 hectares [22]. - The Trident property is an early exploration stage property with significant potential, located approximately 50 km from major copper-gold deposits [17].