Pacific Empire Minerals

What Pacific Empire Minerals does

Pacific Empire Minerals Corp. (TSX-V: PEMC; OTCQB: PEMSF) is a Canadian junior mineral exploration company headquartered in Vancouver, British Columbia, founded in 2012 and listed via IPO in March 2018. The company targets gold-enriched copper porphyry deposits in north-central British Columbia, anchored by its 100%-owned flagship Trident Copper-Gold-Silver porphyry project located approximately 50 km northwest of Centerra Gold's Mt. Milligan Mine. PEMC controls a district-scale land position totaling 22,541 hectares in the South Hogem Copper-Gold Belt and operates a portfolio that includes Trident, Pinnacle, Jean Marie, Wildcat, and Stars, supported by a 2% NSR royalty on certain properties.

PEMC employs a prospect-generator business model. The company acquires and advances early-stage exploration properties using its custom-built reverse circulation drill rig (delivered April 2018), induced polarization and airborne magnetic geophysics, and airborne Mobile MagnetoTelluric (MobileMT) surveys delivered via Expert Geophysics Ltd. The company then options projects to larger mining companies — historically including Oz Minerals, ML Gold Corp., and a 50:50 joint venture with EnGold Mines Ltd. — with partners funding diamond drilling, making cash and share payments, and committing to exploration expenditure (e.g., ML Gold's $4.5 million three-year commitment at Stars) in exchange for earning interests, while PEMC retains carried interests and discovery exposure with reduced capital at risk. Revenue is therefore episodic and project-specific, derived from option payments and partner-funded exploration rather than product sales; the company remains pre-revenue with respect to commercial mineral production.

Recent strategic activity includes a 2024 airborne MobileMT survey at Trident and Pinnacle, maiden diamond drilling in 2025 that returned the strongest copper-gold mineralization found at Trident to date (183.0 m of 1.23% CuEq including 71.5 m of 1.80% CuEq), a 3-year drill permit secured in August 2025, the addition of a CFO in September 2025, and an upsized $4.5 million private placement financing in April–June 2026 with $2.7 million in lead orders. The company has 1–10 employees, trades at micro-cap scale, and is led by President & CEO Brad Peters, with VP Exploration Thomas Hawkins and an NI 43-101 Qualified Person on the technical team.

Name

Pacific Empire Minerals

Legal name

Pacific Empire Minerals Corp.

Website

https://pemcorp.ca

Company type

Public

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

Pacific Empire Minerals Corp. is a Vancouver-based junior mineral exploration company targeting gold-enriched copper porphyry deposits in British Columbia, anchored by its 100%-owned flagship Trident project near Mt. Milligan. It operates a prospect-generator model, optioning early-stage properties to larger miners while retaining carried interests and discovery exposure.

Ownership category

akta.pro rank

Product category

Mineral Exploration Services

NAICS

Copper, Nickel, Lead, and Zinc Mining (212230), Gold Ore and Silver Ore Mining (21222)

SIC

Metal Mining (1000), Gold And Silver Ores (1040), Miscellaneous Metal Ores (1090)

akta.pro primary industry

Copper Exploration & Resource Development (IMAKADAA)

akta.pro secondary industries

Precious Metals Exploration & Project Development (IMAKAEAI), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

• Copper-gold exploration
• Mineral exploration services
• Porphyry deposit discovery
• Prospect generator mining
• British Columbia mining

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Marketing or Sales, Technology or R&D

Revenue model

1. Property Option Agreements: PEMC acquires exploration stage properties and options them to partner companies. Partners make cash payments, issue shares, and complete exploration work commitments to earn interests. PEMC retains carried interests and exposure to discovery while partners fund advancement.
2. Exploration Expenditure Funding: Partners commit to minimum exploration expenditure requirements (e.g., $4.5 million over 3 years for Stars Project) as part of option agreements, effectively funding PEMC's exploration activities.
3. Private Placement Financing: Company raises capital through non-brokered private placements of common shares to fund exploration activities and general working capital.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Pacific Empire Minerals is a Canadian mineral exploration company that acquires and advances early-stage gold-enriched copper porphyry exploration properties in British Columbia under a prospect generator model. The company generates and prioritizes drill targets using geological, geophysical, and reverse circulation drilling methods, then partners with larger mining companies via option agreements and joint ventures to fund advancement while retaining carried interests and discovery exposure. Its flagship Trident Copper-Gold-Silver project anchors a district-scale 22,541-hectare land position in the South Hogem Copper-Gold Belt.

Product overview

Pacific Empire Minerals Corp. is a Canadian-based mineral exploration company operating as a hybrid prospect generator. The company advances its portfolio of gold-enriched copper projects in British Columbia, anchored by its flagship Trident Copper-Gold-Silver porphyry project. The company utilizes geophysical survey services (including MobileMT surveys) and diamond drilling to explore porphyry targets, with partner-funded exploration at its Pinnacle Porphyry Project. The portfolio includes multiple exploration-stage properties including Jean Marie, Wildcat, and others across north-central British Columbia.

Differentiator

Problem solved

Functional benefit

Products and services

• Trident Copper-Gold-Silver Project

Quantifiable outcome

• 183 metres of 1.23% CuEq mineralization including 71.5 metres of 1.80% CuEq at Trident A Zone
• +2 more outcomes

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Omineca DrillingminorOthers · 15 October 2025Diamond drilling contractor engaged for 2025 drilling program at Trident copper-gold project.
• BatteryOne Royalty Corp.minorStrategic or Co-development Partner · 4 March 2019Royalty partnership on portfolio of copper projects in British Columbia.
• EnGold Mines Ltd.coreStrategic or Co-development Partner · 3 April 201850:50 joint venture with EnGold Mines Ltd. on the Red JV copper-gold property consolidating ground covering a strong porphyry-copper exploration target. Either party may proceed with exploration at its own expense without dilution to the other.
• Oz MineralsminorStrategic or Co-development Partner · 1 April 2018Oz Minerals optioned the Trident property in 2014 and completed IP surveys and diamond drilling before returning the property to PEMC in 2022 when PEMC acquired 100% interest.
• ML Gold Corp.coreStrategic or Co-development Partner · 23 November 2017ML Gold Corp. optioned the Stars (formerly Copper Star) Project, making cash payments of $80,000, issuing 600,000 shares, and committing $4.5 million in exploration expenditures over three years to earn up to a 30% interest. PEMC retains 20% interest with carried interest until Pre-Feasibility Study completion.
• Richard Josef HaslingerminorOthers · 1 March 2017Option agreement to acquire 100% interest in Wildcat Property by issuing 2,000,000 shares over four years and completing exploration commitments, subject to 2% NSR royalty.

Scale indicators5 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Amarc Resources: Junior copper-gold porphyry explorer operating in British Columbia with similar prospect generator model and Freeport-McMoRan as a partner. Closely comparable to PEMC in scale, geography, and commodity focus.
• Western Copper and Gold: Gold-enriched copper porphyry developer advancing the Casino project in Yukon. Comparable to PEMC in target commodity (Cu-Au porphyry) and exploration thesis, though at a more advanced resource stage.
• ML Gold Corp: BC-focused copper-gold explorer and PEMC's JV partner on the Stars Project. Directly comparable in exploration thesis and British Columbia operating geography.
• EnGold Mines: British Columbia copper-gold explorer and PEMC's 50:50 JV partner on the Red copper-gold property. Directly comparable in commodity focus and provincial jurisdiction.
• Sun Metals: British Columbia copper-focused explorer (Stardust project). Comparable to PEMC in BC operating geography and copper porphyry exploration focus.
• ATAC Resources: BC and Yukon-based gold-copper explorer with similar junior profile and early-to-mid stage exploration assets. Comparable as a similarly-sized Canadian junior explorer.
• Kermode Resources: Junior BC-focused gold-copper explorer with early-stage porphyry targets. Comparable in scale, commodity focus, and British Columbia jurisdiction.

Broad incumbents

• Taseko Mines: Mid-tier BC copper-gold producer operating the Gibraltar mine. Comparable as an established BC copper-gold operator in the same regional setting as PEMC's exploration assets.
• Centerra Gold: Mid-tier gold-copper producer operating the Mt. Milligan mine, located near PEMC's Trident project. Comparable as the regional benchmark operator and adjacent infrastructure provider.
• NGEx Minerals: Copper-gold explorer-developer with porphyry projects in South America and British Columbia. Comparable as a copper-gold porphyry specialist operating at a more advanced stage than PEMC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/pemc_v
• LinkedInlinkedin.com/company/pacific-empire-minerals-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds5 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pacific Empire Minerals