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Pacific Imperial Mines Inc V.PPM

Alternate Symbol(s):  PCIMF

Pacific Imperial Mines Inc. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration, evaluation and development of mineral properties. The Company is focused on exploring the Brownell Lake property in Saskatchewan and the PAM and Babine properties in British Columbia (B.C.). The Company has an option to acquire approximately 60% interest in the Brownell Lake property, consisting of three mineral dispositions covering 1,863.3 hectares located approximately 17 km northwest of Deschambault Lake, Saskatchewan. It has the option to acquire approximately 100% interest in the Babine and PAM properties in Central British Columbia. The Babine property consists of three mineral claims covering 2,226 hectares, located 1.5 km north of the Granisle Mine. The PAM property consists of seven mineral claims covering 2,403 hectares, located approximately 25 km northeast of the Huckleberry Cu-Mo Mine.


TSXV:PPM - Post by User

Post by kh231on Oct 22, 2020 8:59am
215 Views
Post# 31761019

Yesterday: News! Non-brokered private placement at 5 cents!!

Yesterday: News! Non-brokered private placement at 5 cents!!https://stockhouse.com/news/press-releases/2020/10/21/pacific-imperial-announces-non-brokered-private-placement

The Company intends to use the gross proceeds of the Private Placement for payments related to the upcoming work programs on the TREK 31 Project, which includes Induced Polarization (IP) geophysical survey across the source area of the till anomaly to target areas of anomalous chargeability and resistivity for identification of drill targets. Drill targets will likely be identified that could be drilled from existing logging roads.

Technical details on the TREK 31 Project have been previously release by Orogen Royalties Inc. and can be found at:

https://www.orogenroyalties.com/news/orogen-options-the-trek-31-gold-project-to-pacific-imperial-mines
 

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