PGM EXPLORATION NEWS Drilling JBS Deposit Hits High Grades

YUNNAN PROVINCE, China Significant high-grade platinum, palladium and gold mineralization has been confirmed in drill core from the JBS project of PACIFIC MINERALS. Highlights include hole YB15 with 9.10 m of 6.97 g/t Pt-Pd-Au (combined) and hole YB21 with 23.64 m of 2.88 g/t Pt-Pd-Au.

Pacific is conducting an underground infill drilling program to confirm the grade and geometry. Information from the program will also be used to provide geotechnical information necessary for creating a detailed mine plan. Some holes have been relocated to better define the boundaries of economic mineralization. Additional development drifting is also planned.

The JBS deposit has both a northern and southern mineralized section with a combined strike length of 3,400 m and a width varying from 200-600 m. Mineralization is related to disseminated magmatic sulphides in transitional layers of the ultramafic sill. The northern section is comprised of mineralized intervals that form a series of sub-horizontal layers that exhibit an undulating and bifurcating pattern.

The geology and main features of the JBS deposit are available at Pacific Minerals by clicking on "Projects" and then "JBS".