Pacific Copper Corp.
OTC Bulletin Board : PPFP

Pacific Copper Corp.

June 16, 2009 10:00 ET

Pacific Copper Acquires San Enrique Property

TUCSON, ARIZONA--(Marketwire - June 16, 2009) - Pacific Copper Corp. (OTCBB:PPFP)(CUSIP # 69412U 10 0) is pleased to announce that it has, through its Chilean subsidiary Pacific Copper Chile Limitada, entered into a mineral property acquisition agreement with Gareste Limitada to purchase the San Enrique property located in Atacama Region III, Chile and comprising 100 hectares.

In consideration Pacific Copper will issue 7 million shares of its capital stock and shall grant a 2% Net Smelter Return (NSR) royalty to Gareste Limitada, capped at US$6 million, one half (1/2) of which can be repurchased by Pacific Copper or its subsidiary at any time prior to commencement of any commercial production by making a payment of US$2 million to Gareste Limitada.

Pacific Copper's corporate strategy includes a copper oxide and leachable copper component through acquisition, exploration and development of suitable low cost, surface mineable, heap leachable projects in northern Chile. The San Enrique property represents a key strategic target in Atacama Region III, complementing the Company's La Guanaca, El Corral/La Mofralla and Venado properties obtained by the Company which have reports filed pursuant to Canadian National Instrument 43-101 Standards for Disclosure of Mineral Projects and its Companion Policy ("NI 43-101"). These properties are all within 250 kilometers of each other.

None of the properties in which the Company has an interest has been determined to contain any mineral resources or reserves under NI 43-101, and there is no basis for any economically viable mineral deposit on any of the Company's properties.

Should you have any questions or comments, please do not hesitate to contact the Company or our Investor Relations people at the referenced numbers below.

Safe Harbor Statement

Statements in this news release, which are not purely historical, are forward-looking statements within the meaning of applicable Canadian securities laws, including any statements regarding beliefs, plans, expectations or intentions regarding the future. These statements involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. Such risks and uncertainties may include, but are not limited to, the risks and uncertainties set forth in the Company's filings with the SEC such as the ability to obtain additional financing, the ability to manage growth, acquisitions of technology, equipment or human resources, the effect of economic and business conditions, the ability to attract and retain skilled personnel and factors outside the control of the Company. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time-to-time with the SEC. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

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