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Pacific Comox Resources Ltd.: Pacific Comox Reports 40 Holes for Total of 195 Averaging 1.2 g/t Gold, 42 g/t Silver, 4 Meters T


Published on 2009-01-22 21:55:30, Last Modified on 2009-01-22 21:58:01 - Market Wire
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TORONTO, ONTARIO--(Marketwire - Jan. 23, 2009) - Pacific Comox Resources Ltd. (TSX VENTURE:PCM) reports the assay results for the final 40 holes in its RC drilling program to outline additional at/near surface gold/silver mineralization on a tighter drill spacing basis on the Carmelitas Zone of the Mabel property in northern Sonora State, Mexico. The 40 holes averaged 1.0 g/tonne gold and 30 g/tonne silver over an average interval of 3.5 meters. The assays for each hole are given in Table 2.

To January 2009, 195 mineralized holes have been drilled in the Carmelitas Zone (see Table 1 below) which includes 46 higher grade holes that averaged:



Gold grade 2.9 g/tonne,

Silver grade 104 g/tonne, with an average mineralized interval
of 4.5 meters.



- The higher grade holes are concentrated in 5 sections of the Carmelitas zone as shown in Figure C.2.

- A resource estimate for the Mabel property is underway and will include all the holes drilled to-date.

- It is planned to follow the current resource estimate with a preliminary economic assessment of the project based on the completed metallurgical test work and the resource estimate.



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Table 1: Summary of Mabel Results by Area To January 2009
(Including Previously Reported)
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Number Thickness Gold Silver
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Area Of Holes (meters) (g/tonne) (g/tonne)
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Carmelitas Zone Mineralized Holes 195 3.9 1.2 42
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Carmelitas Zone Holes Include 46 4.5 2.9 104
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Gate North 11 5.0 1.6 78
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Gate South 8 3.0 0.5 35
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Ridge Zone 10 3.0 1.7 35
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Ridge Zone - 3 Meter Chip Samples 14 - 0.7 68
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Micho - RC Holes 10 All Holes Reported Au/Ag
Mineralization
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Micho - 3 Meter Chip Samples (1) 9 - 4.6 192
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1. Also reported 0.43% average copper grade in chip samples.
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Note: All thicknesses and grades are arithmetic averages.
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Exploration Program On Mabel Property Northern Sonora, Mexico

Pacific Comox has drilled 611 holes on the Mabel property totalling 12,546 meters giving an average hole length of 20 meters. Carmelitas has been an area of concentrated closed spaced drilling to provide data for the resource estimate but it still has exploration potential in several areas where the drilling has been more widely spaced.

As shown in Table 1, all the zones which have been drilled have returned holes or widely spaced clusters of holes which offer significant exploration potential. More closely spaced drilling is needed to assess the economic potential of the holes. For example, 11 contiguous holes in the Gate North area have averaged 1.6 g/tonne gold and 78 g/tonne silver over average mineralized intervals of 5 meters. However, the holes are approximately 50 meters apart and more closely spaced drilling is planned to test the ultimate size of the zone and increase the hole density.

Preliminary metallurgical work, previously reported, on a 100 kg composite sample from the areas of drill intersected mineralization has been partially completed. The heap leach amenability tests (coarse mineralization bottle roll cyanidation tests) were conducted on approximately 1,000 gram of whole mineralization at different crush sizes for a 14 day period. Test results are summarized in Table M-1 below. The heap leach amenability cyanidation recovery of gold increased from 85.1% to 86.7% for gold and from 81.7% to 86.0% for silver when the feed size was decreased from 12.7 mm (1/2 inch) to 2.0 mm. The heap leach amenability tests (coarse mineralization bottle roll cyanidation tests) were conducted on approximately 1,000 gram of whole mineralization at different crush sizes for a 14 day period. Test results are summarized in Table M-1 below. The heap leach amenability cyanidation recovery of gold increased from 85.1% to 86.7% for gold and from 81.7% to 86.0% for silver when the feed size was decreased from 12.7 mm (1/2 inch) to 2.0 mm.



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PACIFIC COMOX RESOURCES LTD
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Table M-1: Cyanide Leach Test Results
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Mabel Property - Carmelitas Zone
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1 HEAP LEACH AMENABILITY CYANIDATION RESULTS
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2 Whole Rock - 14 Days
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3 Gold Silver
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4 Head Grade (g/tonne) 3.3 117
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5
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6 Feed Size - minus 12.7 mm
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7 Recovery (%) 85.1 81.7
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8
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9 Feed Size - minus 2.0 mm
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10 Recovery (%) 86.7 86.0
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11
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12 CONVENTIONAL CYANIDATION RESULTS
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13 Whole Rock - 48 hours
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14 Head Grade (g/tonne) 4.1 114
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15
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16 Feed Size - minus 0.095 mm
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17 Recovery (%) 95.2 89.2
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October 8, 2008
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Bhagwat Singh P. Eng. serves as the qualified person (QP) for the sampling and exploration programs under the definitions of National Instrument 43-101. The geologist on the Mabel program is Cesar Lemas. In the RC drill program the product is bagged separately for each meter of drill advance. A split sample is shipped by Company personnel to the ALS Chemex sample preparation facility at Hermosillo, Sonora which forwards prepared samples to the ALS Chemex Vancouver facility for assay.

Donald Empey, President

For further information: view the Company web site at [ www.pacificcomox.com ] or the Company filings on SEDAR at [ www.sedar.com ].



One Dundas Street West, Suite 2300, Box 13,
Toronto, Ontario Canada M5G 1Z3



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PACIFIC COMOX RESOURCES LTD
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MABEL PROJECT NORTHERN SONORA STATE MEXICO
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Table 2: Summary of Selected Calculated Mineralized Intervals
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Hole UTM Coordinates Hole Interval Gold Silver
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Number Easting Northing Length From To Length (g/tonne) (g/tonne)
(m) (m) (m) (m)
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RC368 454972 3444501 19 7 8 1 0.37 24
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RC369 454978 3444496 16 9 12 3 0.67 29
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RC372 455006 3444478 16 9 12 3 0.34 22
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RC392 454985 3444497 13 3 7 4 0.47 14
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RC398 455089 3444500 10 0 1 1 0.42 20
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RC441 454836 3444564 22 12 13 1 1.14 61
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RC446 454809 3444535 40 23 33 10 0.75 31
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RC457 454782 3444591 20 14 16 2 0.68 11
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RC492 454693 3444591 54 47 50 3 0.76 12
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RC501 454753 3444636 28 14 19 5 1.18 19
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RC505 454759 3444655 41 33 37 4 0.62 18
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RC510 454711 3444662 16 5 9 4 3.66 114
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RC514 454702 3444656 10 2 7 5 0.49 18
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RC516 454693 3444649 13 9 12 3 1.85 63
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RC521 454671 3444661 10 3 8 5 0.52 25
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RC522 454665 3444666 19 10 16 6 0.49 22
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RC523 454658 3444668 19 12 15 3 2.18 76
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RC524 454653 3444655 28 19 22 3 1.48 33
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RC527 454613 3444649 43 33 35 2 1.86 34
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RC532 454683 3444710 22 7 9 2 0.55 28
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RC533 454690 3444709 23 5 11 6 0.51 15
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RC534 454701 3444706 13 3 7 4 2.25 33
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RC535 454720 3444703 19 10 15 5 0.77 22
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RC536 454713 3444703 16 6 10 4 0.53 13
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RC538 454707 3444692 19 11 15 4 1.48 18
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RC539 454704 3444684 25 15 19 4 0.81 10
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RC541 454716 3444690 25 18 21 3 0.52 29
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RC542 454713 3444677 28 16 19 3 0.49 10
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RC544 454750 3444688 25 16 19 3 0.45 22
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RC546 454741 3444712 10 3 5 2 1.09 40
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RC547 454878 3444790 19 12 15 3 0.80 29
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RC548 454879 3444807 7 1 6 5 3.48 107
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RC549 454866 3444795 19 14 16 2 0.70 18
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RC550 454868 3444808 11 5 7 2 0.89 19
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RC551 454864 3444828 10 5 9 4 0.54 19
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RC552 454862 3444815 13 7 9 2 0.58 38
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RC553 454857 3444796 22 14 17 3 0.26 28
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RC555 454845 3444820 13 3 5 2 0.90 6
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RC557 454833 3444803 37 16 18 2 0.75 26
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RC569 453439 3444218 19 4 9 5 0.38 19
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January 6, 2009
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Note: All holes vertical. All interval and grades are calculated as
arithmetic averages.
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Holes reported are selected from the most recent 204 drilled.
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To view Figure C.1: Carmelitas Zone of Mabel Property, please visit the following link:

[ http://media3.marketwire.com/docs/FigureC.1.pdf ]

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.


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