Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

PPM.V ·

Pacific Imperial Begins Exploration ON Drill Permitted Trek 31 GOLD Project

Exploration Programs

PACIFIC IMPERIAL BEGINS EXPLORATION ON

DRILL PERMITTED TREK 31 GOLD PROJECT

Vancouver, British Columbia/ June 7, 2022 – Pacific Imperial Mi nes Inc. (TSX.V: PPM) (“ Pacific

Imperial” or the “ Company”) is pleased to announce that on June 4 a field crew will mobi lize to the

TREK 31 project located 80 km south of Vanderhoof in the Nechako Plateau of central British Columbia

(Figure 1). The TREK 31 property is 30 km northeast of Artemis Gold’s Blackwater Gold Deposit and

covers an area of 120.4 km2 that is prospective for gold porphyry and epithermal mineralization.

Under an Option Agreement with O rogen Royalties Inc. (“Orogen”) Pacific Imperial may earn up to an

100% interest in the TREK 31 project by making cash payments an d completing exploration work

totaling CDN$3.3M over a five year period.

The initial exploration program will include geological renaiss ance, prospecting, overburden mapping

and a soil geochemistry and soil gas hydrocarbon (“SGH”) sampli ng program that will collect up to 600

soil samples. The SGH method is being investig ated as a means to detect sulph ide minerals in bedrock

through deep till, or thin rock cover.

Two soil geochemistry grids are planned: (i) a more detailed gr id centered over a prominent induced

polarization (“IP”) geophysical anomaly identified in 2020 and (ii) a wide-spaced grid covering the 3 x 6

km area up-ice of the area contai ning previously identified ele vated gold in basal till samples. The goal

of this Phase 1 program is to identify prospective areas for a planned late June reconnaissance type 3D

IP survey that is then to be followed by a reverse circulation (“RC”) drill program.

Chris McLeod, President of Pacific Imperial stated “We are very pleased to begin the 2022 exploration

program on TREK. Our 2021 summe r drill program was cancelled du e to wild fires in the immediate

area. We have now revised our approach to exploration at TREK a nd intend to drill targets identified

through a combination of till and soil sampling and IP geophysi cal surveys in a RC drill program which

has already received all necessary permits”.

Mr. McLeod added: “Pacific Impe rial was attracted to TREK 31 as it represents a low cost, road-

accessible, early stage opportuni ty for the Company to identify a large scale gold-rich

porphyry/epithermal deposit in a district endowed with development stage and past-producing mines”.

- 2 -

Blackwater-Davidson

Gold Deposit

Brenda

Highland Valley

Afton/

Ajax

Gibraltar

Mt. Milligan

KSM

Re d C h r i sGJ

Galore Creek

VANCOUVER

Blackwater

New Afton

En d ak o M i ne

Barkerville Gold

Brucejack

Kem ess

TREK 31

Figure 1: Location map for the TREK 31project in central British Columbia

Pacific Imperial acknowledges that TREK 31 is situated on unced ed territory of the Nazko First Nation

and Lhoosk’uz Dene First Nation. Pacific Imperial is committed to developing a positive and mutually

beneficial relationship based on respect and transparency with this First Nation.

Qualified Person

Peter Holbek, P.Geo. is the Technical Advisor and Qualified Per son as defined by National Instrument

43-101 who has reviewed and approved the technical information in this news release.

About Pacific Imperial Mines

Pacific Imperial is a mineral exploration company based in Vanc ouver, Canada, engaged in the

acquisition, exploration, evalua tion and development of mineral properties in an acceptable risk

environment. The company’s curre nt focus is on three properties ; Tulameen, Eagle Mountain Lithium

and TREK 31 Gold.

About Orogen Royalties Inc.

Orogen Royalties is focused on or ganic royalty creation and roy alty acquisitions on precious and base

metal discoveries in western North America. The Company's royal ty portfolio includes the Ermitaño

gold and silver deposit in Sonora, Mexico (2% NSR royalty) oper ated by First Majestic Silver Corp. and

the Silicon gold project (1% NSR royalty) in Nevada, U.S., bein g advanced by AngloGold Ashanti. The

Company is well financed with several projects actively being developed by joint venture partners.

ON BEHALF OF THE BOARD OF DIRECTORS

- 3 -

“Chris McLeod“

Chris McLeod, President

For further information please contact:

Roman Shklanka, Chairman, at 604-649-6195, or Chris McLeod, President, at 604-669-6332

Email: [email protected]

Neither TSX Venture Exchange nor its Regulation Servi ces Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts res ponsibility for the adequacy or accuracy of this

release.

Forward Looking Information

This news release includes certain statements that may be deemed "forward looking statements". All statements in

this news release, other than statem ents of historical facts, that addre ss events or developments that Pacific

Imperial Mines Inc. (the "Company“) expects to occur, are forward looking statements. Forward looking

statements are statements that are not historical facts and are generally, but not always, identified by the words

"expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions,

or that events or conditions "will", "would", "may", "could" or "should" occur.

Although the Company believes the expectations expressed in such forward looking statements are based on

reasonable assumptions, such statements are not guarantees of future performance and actual results may differ

materially from those in the forward looking statements . Factors that could cause the actual results to differ

materially from those in forward looking statements incl ude market prices, exploitation and exploration successes,

and continued availability of capital and financing, and general economic, market or business conditions.

Investors are cautioned that any such statements are not guarantees of future performance and actual results or

developments may differ materially fr om those projected in the forward looking stat ements. Forward-looking

statements are based on the beliefs, estimates and opinions of the Company’s management on the date the

statements are made. Except as required by securities la ws, the Company undertakes no obligation to update these

forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should

change.

A number of mineral resources or significant occurrences disclosed herein relate to nearby properties owned by

other companies, and the data presented have been extract ed from these companies’ press releases and websites.

A Qualified Person has been unable to verify this informat ion from the adjacent properties, and such results are

not necessarily indicative of potential quantities or grades of mineralization on the Company’s properties.