SOURCE: Pacific Coast Nickel Corp.

July 17, 2007 14:50 ET

Pacific Coast Nickel Corp. Grants Options

VANCOUVER, BC--(Marketwire - July 17, 2007) - Pacific Coast Nickel Corp. (TSX-V: NKL) (formerly Fargo Capital Corp.) (FGO.P) announces that it has granted options to purchase 1,925,000 common shares to directors, officers, and consultants of the Company at a price of $0.60 per share for a period of five years, subject to the approval of the TSX Venture Exchange.

About Pacific Coast Nickel Corp.

Pacific Coast Nickel Corp. holds several properties which are prospective for Nickel and Copper. The Company's major property is the Big Nic property located approximately 20 km Northwest of Hope, BC, immediately West of the former the Giant Mascot Mines, a former nickel producer.

To date, the Company has conducted and is contemning to conduct exploration consisting of Geophysical surveys and prospecting. A drilling program is scheduled for later this year on the Big Nic property to test several areas.

For further information, please refer to the company's filing statement dated June 15, 2007, which is available on SEDAR. (www.sedar.com)

The TSX Venture exchange has not reviewed the contents of this news release.

Contact Information

  • For further information please contact:

    Michael Sweatman
    President
    (604) 684-4312 or (604) 681-5755

    Pacific Coast Nickel Corp.
    Suite 605 475 Howe Street
    Vancouver, BC
    V6C 2B3
    (604) 684-4312
    fax (604) 608-3294