Pacific Empire Minerals Corp, the BC-focused copper explorer, told investors it plans to start diamond drilling at its flagship Jean Marie project this year at its two highest ranking targets.
In a corporate update, the firm also said it will complete target development at the eastern and northern areas of the polymetallic asset, which sits 50 kilometres (km) south of Northwest Copper's Kwanika deposit and 50 km west of Centerra Gold's Mt. Milligan mine.
It also expects partner-funded exploration to continue at the 15,478 hectare (Ha) Pinnacle copper-gold property and begin an initial exploration program at the 3,675 Ha Abby project, which it staked last year.
The company noted that 2021 had seen it strengthen the portfolio through staking prospective projects, converting its interest in the Stars and Red properties to royalties and cash, and advance Jean Marie through systematic target development.
READ: Pacific Empire Minerals and Engold Mines agree to terms for LLH1 mineral claim in British Columbia
"We believe our 2021 exploration and target development programs have given us a much better understanding of the nature of mineralization at our highest priority target areas at Jean Marie," said Brad Peters, the CEO of Pacific Empire in a statement.
"We were also pleasantly surprised by initial observations in the eastern and northern areas of the property and intend to work towards developing additional targets, if warranted, in these areas."
Also in the statement, Pacific Empire reported that CAVU Mining Corp (CSE:CAVU) had informed the firm that it will be terminating its option to earn a 100% interest in the PEMC's 3,070 Ha Kitimat project.
During 2021, CAVU reprocessed historical geophysical data including Aerodat, IP, and VTEM surveys for which digital data were available, it noted
Contact the writer at giles@proactiveinvestors.com