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Pacific Empire Intersects Mineralized Breccia in Drilling at Jean Marie

Drill Results

Pacific Empire Intersects Mineralized Breccia in Drilling at Jean Marie

October 26, 2022 - Vancouver, BC, Canada - Pacific Empire Minerals Corp. (TSXV: PEMC) (OTCQB: PEMSF)

(“Pacific Empire”, “PEMC” or the “Company”), a British Columbia copper explorer, is pleased to announce that

the mineralized breccia encountered in historical drilling at Jean Marie was encountered during the 2022 diamond

drilling program and has successfully expanded the area of copper mineralization 200 metres to the northwest.

Diamond drilling at Jean Marie during 2022 was successful in intercepting copper mineralization in both diamond

drill holes that were completed. Both drill holes were step -out holes from historical drilling at distances of 100

metres (JM22-01) and 200 metres (JM22-02) from historical drill hole 97-11. A total of 700 metres of drilling was

completed in two holes. Laboratory assays have now been received and will be presented in detail in the coming

days following a detailed review.

“We are very pleased with the results from diamond drilling at Jean Marie during 2022. Most importantly the area

of copper mineralization was extended approximately 200 metres to the northwest,” commented Brad Peters,

President, and CEO of Pacific Empire . “Encountering the mineralized breccia that was originally identified in

historical drilling in hole 97-11 is very encouraging and demonstrates that the mineralizing system in the area is

of a significant size.

Location of 2022 Diamond Drilling at Jean Marie

JM22-01 was drilled approximately 100 metres to the west of historical drill hole 97-11 and was drilled to a depth

of 400 metres. Copper mineralization that was observed in the hole consisted of disseminated, vein and breccia

style mineralization. JM22-02 was drilled a further 100 metres to the northwest of JM22-01 and was successful in

intercepting the mineralized breccia from approximately 150 to 210 metres depth. This hole was drilled to a depth

of 300 metres.

Section View of 2022 Diamond Drilling

“The 2022 diamond drilling program at Jean Marie intercepted broad zones of copper mineralization,” commented

Thomas Hawkins, Vice President of Exploration for Pacific Empire. “Drilling has significantly expanded the area

of known high -grade copper mineral ization. These first holes represent the start of a large program to further

expand the central target to the east and west and at greater depths. Several of the highest priority targets that were

developed from this year remain untested and will be tested during the next phase of drilling.

Historical shallow drilling intercepted Cu, Mo and Ag mineralization over a total strike length of 9km in several

zones along the contact between the Jean Marie pluton and the Takla volcanic host, this year’s drilling has shown

that further mineralization extends to greater depths. Mineralization and alteration is consistent over a broad area

indicating a large-scale porphyry style system. Future step out drilling aims to link the different zones of known

copper mineralization.”

JM-01 @ ~170 metres showing mineralized quartz breccia

JM-02 @ ~170 metres showing mineralized quartz breccia

JM-01 @ 167 metres showing mineralized quartz breccia

Pinnacle Property Update

Pacific Empire and 1111 Exploration Corp. (“Eleven”) have revised the terms of the option agreement on PEMC’s

Pinnacle property. Under the revised option terms, Eleven may earn a 70% interest in Pinnacle by completing

$3,000,000 in exploration expenditures on the project, paying PEMC an aggregate of $460,000 in cash payments

($75,000 paid) and issuing 3,800,000 common shares (500,000 issued) to PEMC by August 2026. Following the

exercise of the Option, PEMC will retain a 30% free -carried interest in the Project unti l the date that Eleven

publishes a NI 43-101 compliant Pre-Feasibility Study ("PFS") on the Project. Following completion of the PFS,

PEMC and Eleven will form a joint venture with Eleven holding a 70% initial interest and PEMC holding a 30%

initial interest.

Exploration carried out by Eleven in 2021 was centred on the Aplite Creek prospect and included collection of 173

soil samples of standard B -horizon and 85 samples collected for mobile metal ion sampling (MMI) analysis. A

drone UAV (unmanned aerial v ehicle) magnetic survey covering an area of four (4) km by (6) six km was also

completed. In addition, historical core from 2015 and 2017 that had not been completely sampled was analyzed for

trace element values to aid geochemical vectoring. Results were highly elevated for copper and gold and consistent

with historical compiled data.

Gold values returned a high value of 1,460 parts per billion (ppb) (24 percent of samples over 20 ppb) and copper

values with a high value of 8,010 ppm (26 percent of samples over 100 ppm and 5 per cent over 1,000 ppm). This

2021 sampling, combined with pr evious soil sampling, induced polarization surveys and the current magnetic

survey, identified a northwesterly trending area of elevated copper and gold soil geochemistry coincident with

magnetic highs and high chargeability over an area of four (4) km by 1.2 km.

The geology comprises dykes and stocks of syenite and monzonite within andesite volcanics. Alteration is

dominantly widespread propylitic with localized potassic alteration near and within intrusive rocks. This large area

has seen only minor drilling in 1974 and 1990. A second parallel zone to the northeast, of similar scale, is yet to be

fully delineated.

Eleven is currently planning a follow -up sampling program to expand the target outlined in 2021. This work will

include additional soil sampl ing and expansion of the magnetic survey both northwest and southeast of the core

Aplite Creek area. This work will be greatly aided by a newly constructed logging access road completed in the

winter of 2022.

“I am very happy that we were able to revise the terms of the option agreement,” commented Brad Peters, President

and CEO of Pacific Empire . “The group at 1111 Exploration is very experienced and capable with a wealth of

knowledge in porphyry deposits in British Columbia. They have been able to bring new ideas and insights that add

significant value to the project. In addition, logging operations over that past 10 years and most importantly during

2021 and 2022 have dramatically improved the ability to cost effectively acce ss critical areas of the property,

including the Aplite Creek area. When Pacific Empire acquired th is property in 2012 through staking there was

very limited drilling and no access. Since that time diamond drilling has successfully encountered gold

mineralization in drilling over a wide area and the property can now be accessed by vehicle.”

Col Property Update

A Notice of Work (“NoW”) has been submitted for the Col property. The application is for a Multi -Year Area

Based permit (“MYAB”).

Located approximately 50 km to the southeast of Northwest Copper’s Kwanika Deposit and 50 km to the northwest

of Centerra Gold’s Mt. Milligan Mine, the Col property covers 6,618 hectares and is accessible by vehicle using

well established logging roads.

Copper mineralization on the property was first discovered by Colin Campbell in 1969, while following up on

anomalous stream sediment samples. The following year Falconbridge Ltd. optioned the property and over the next

two years completed IP and magnetic surveys, geological mapping, soil sampling and diamond drilling. This work

identified the A Zone.

Additional exploration programs were completed by Kookaburra Gold Corp. from 1988 through 1991, Solomon

Resources Ltd. From 2006 through 2008 and PEMC/Oz Min erals Ltd. From 2014 to 2015. All of these programs

completed diamond drilling, geophysical surveys and geochemical sampling.

PEMC Project Locations

Mineralization on the property is most significant in three areas, 1) the A Zone, 2) Campbell Trench and 3) Slide

Zone.

The A Zone

At the A Zone, copper-gold mineralization occurs along a strike length of approximately 300 metres at an azimuth

of 120o and where best developed it is approximately 30 meters wide over a length of approximately 175 metres.

This zone was tested by a number of small diameter drill holes by Falconbridge Ltd. in 1971 with the best

intersections assaying 0.84% Cu over 45.7 meters and 0.70% Cu over 51.8 metres (DDH-1971-13 and DDH-1971-

20, respectively). In 2007, Solomon Resources Ltd. followed up with diamond drilling at the A Zone and

demonstrated that mineralization extended at depth.

Until 2014, mineralization at the A Zone was believed to be associated with a shear zone, however while reviewing

drill core from the A Zone, PEMC observed the presence of very well mineralized porphyry intrusions that are most

likely responsible for the copper-gold mineralization due to their intimate relationship with quartz-sulphide veining

and mineralization.

Col Property Mineralized Zones

Selected Highlights from Historical Drilling at Col (A Zone)

Year Hole ID Interval (m) Copper % Gold g/t

1971 DDH-1971-9 33.6 0.85 not assayed

1971 DDH-1971-13 45.7 0.84 not assayed

1971 DDH-1971-21 51.8 0.7 not assayed

2007 DDH 2007-1 42 0.67 0.14

2007 DDH 2007-2 100 0.59 0.18

2007 DDH 2007-3 32 0.61 0.317

2007 DDH 2007-4 46 0.60 0.28

Porphyry intrusion and mineralization in DDH-2007-2 @ 77m

associated with sheeted quartz-sulphide veining