Pacific Empire Minerals Corp PEMSF

Primary Symbol: V.PEMC

Pacific Empire Minerals Corp. is a Canada-based copper exploration company. The Company's principal business activities are the acquisition and exploration of mineral exploration properties, with a focus in British Columbia, Canada. Its flagship projects include Pinnacle and Trident. Pinnacle Project covers 15,478 hectares and is located approximately 50 km to the west of Centerra Gold's Mt. Milligan Copper-Gold Mine. The Trident Project is located approximately 50 km to the southeast of Kwanika Deposit and 50 km to the northwest of Milligan Mine. The Trident Project covers approximately 6,618 hectares. Its royalty projects include Stars and Red. The Stars Project is situated approximately 58 kilometers north of Imperials Metals Corp.’s Huckleberry Copper mine and 40 km southwest of the resource town of Houston, BC. The Red Project is located approximately 56 km east-southeast of Williams Lake and 16 km northeast of the village of Lac La Hache.

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Pacific Empire Minerals Corp

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Post by Wangotango67on Apr 20, 2023 6:09pm

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Post# 35406265

MILLIGAN = MULLIGAN ( 2022 drills )

Performed one more search -
wanted ot see if - Centerra - expanded their resource
at Milligan since 2021

Turns out... they drilled in - 2022 -
I wouldn't - write home about these results...
very weak gold
very weak copper

And at considerable depths... !
Lots of overburden... not economical - own opinion.
Have a look -

https://www.centerragold.com/cg-raw/cg/exploration_files/q4-milligan-2022.pdf

https://www.centerragold.com/cg-raw/cg/exploration_files/q1-milligan-2022.pdf

What else did i find ?
Somehow - Milligan Mine managed to - increase their reosurce
size - but how ?

Did they incorporate these 2022 - weak - drills -
into current resources ?

keep in mind - they had - 736 mil pounds copper
prior to drilling .

Let's fast forward to - 2023.
They tacked on another - 260 million pounds.
now have... 995 pounds of copper.

I can't see them using those weak grades - right ?
So deep... So weak...

Funny... how they still keep thier mine life expectancy to - 2033.
lol -

EXCERPT -
" copper mineral reserves by 260 million contained pounds (736 million to 996 million).

Link -
https://financialpost.com/globe-newswire/centerra-gold-announces-highlights-of-new-life-of-mine-plan-for-the-mount-milligan-mine-including-an-extension-of-mine-life-to-2033

That number... 260 million pounds -
looks pretty darn close to - PEMC's - historical
copper resource size.... lol

So... there you have it.
Centerra's drills - look like dusters to me,.
Yet... those drills tacked on more copper and gold.
Did they drill elsewhere... on Milligan ?
I haven't come across any other drilling.

Did they use those weak grades...
Just ot tack on the - copper pounds ?
Is it even minable - profitable at those weak grades ?

----------------------------------------------------------------------------------

Why doesn't Centerra.... just scoop PEMC's copper.
0.30 % grades... right ?

far higher, richer, more profitable, less tonnage to process.

This new info - is actually quite interesting.
Makes - PENC - all the more attractive.
Own opinion of course.

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A junior copper-gold stock trading at a bargain of monumental proportions