40 Holes. Averaging 1.2 g/t Gold, 42 g/t Silver.......

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focused on the exploration of the Ryan Lake copper-molybdenum claims at Matchewan, south of Timmins in Northern Ontario, and the Mabel gold/silver property in northern Sonora State Mexico.

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40 Holes. Averaging 1.2 g/t Gold, 42 g/t Silver.......

posted on Jan 23, 2009 01:19AM

January 23, 2009

Pacific Comox Reports 40 Holes for Total of 195 Averaging 1.2 g/t Gold, 42 g/t Silver, 4 Meters Thick, At/Near Surface on Carmelitas Zone, Mabel Property Mexico

Includes 46 holes averaging 2.9 g/t gold, 104 g/t silver over 4.5 meters at/near surface.

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.

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

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.

---------------------------------------------------------------------
                   PACIFIC COMOX RESOURCES LTD
---------------------------------------------------------------------
              Table M-1: Cyanide Leach Test Results
---------------------------------------------------------------------
                 Mabel Property - Carmelitas Zone
---------------------------------------------------------------------

---------------------------------------------------------------------
1              HEAP LEACH AMENABILITY CYANIDATION RESULTS
---------------------------------------------------------------------
2     Whole Rock - 14 Days
---------------------------------------------------------------------
3                                                 Gold         Silver
---------------------------------------------------------------------
4     Head Grade (g/tonne)                         3.3            117
---------------------------------------------------------------------
5
---------------------------------------------------------------------
6      Feed Size - minus 12.7 mm
---------------------------------------------------------------------
7         Recovery (%)                            85.1           81.7
---------------------------------------------------------------------
8
---------------------------------------------------------------------
9      Feed Size - minus 2.0 mm
---------------------------------------------------------------------
10        Recovery (%)                            86.7           86.0
---------------------------------------------------------------------
11
---------------------------------------------------------------------
12                   CONVENTIONAL CYANIDATION RESULTS
---------------------------------------------------------------------
13    Whole Rock - 48 hours
---------------------------------------------------------------------
14    Head Grade (g/tonne)                         4.1            114
---------------------------------------------------------------------
15
---------------------------------------------------------------------
16     Feed Size - minus 0.095 mm
---------------------------------------------------------------------
17        Recovery (%)                            95.2           89.2
---------------------------------------------------------------------

---------------------------------------------------------------------
October 8, 2008
---------------------------------------------------------------------

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



------------------------------------------------------------------------
                     PACIFIC COMOX RESOURCES LTD
------------------------------------------------------------------------
           MABEL PROJECT NORTHERN SONORA STATE MEXICO
------------------------------------------------------------------------
    Table 2: Summary of Selected Calculated Mineralized Intervals
------------------------------------------------------------------------

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

To view Figure C.1: Carmelitas Zone of Mabel Property, please visit the following link:

http://media3.marketwire.com/docs/Fi...

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