Pacific concludes 2007 drill program - Results of final 4 holes - and plans 2008 Crack Moly drill program



    TSX-V: PCV

    VANCOUVER, Jan. 28 /CNW/ - Pacific Cascade Minerals Inc. announces the
results from drill holes numbers CM07-06 to CM07-09 inclusive, completed on
the Crack Moly Project located northeast of Harrison Lake, BC. These holes are
the final in a series of nine holes completed during the Phase I and partially
completed Phase II 2007 drill programs.
    The holes were drilled to test the eastern margins of a deep-seated
conductive zone defined by the company's 2005 Induced Polarization (IP)
survey, which indicates chargeable zones extending to depths of approximately
500-600 metres below surface. All holes successfully intersected molybdenite
mineralization occurring as disseminations, fracture filling,
quartz-molybdenite veins and coarse-grained rosettes.
    Hole CM07-06 returned a weighted average of 0.029% Mo over 108.48 metres,
including 0.062% Mo over 15.00 metres. Hole CM07-07 intersected higher grade
Mo over narrow intervals, including 0.217% Mo over 1.50 metres and 0.249% Mo
over 1.50 metres. Hole CM07-08 was similar to hole 7, with higher grade Mo
over narrow intervals, including 0.10% Mo over 1.43 metres. This hole had
higher silver values than any other holes drilled to date, including 10.4 g/t
Ag over 1.51 metres. Hole CM07-09 intersected lower-grade Mo over moderate
intervals, including 0.030% Mo over 19.04 metres and 0.017% Mo over
42.63 metres. A summary of the significant results is presented in the
accompanying table.

    
    -------------------------------------------------------------------------
    Hole No      From (m)      To (m)    Length (m)        Mo %       Ag g/t
    -------------------------------------------------------------------------
    CM07-06         1.52       110.00       108.48        0.029
    -------------------------------------------------------------------------
    including      85.50        91.50         6.00        0.088
    -------------------------------------------------------------------------
    CM07-07        28.00        29.50         1.50        0.217
    -------------------------------------------------------------------------
                  175.50       177.00         1.50        0.249
    -------------------------------------------------------------------------
    CM07-08       151.49       153.00         1.51        0.001         10.4
    -------------------------------------------------------------------------
                  110.43       111.86         1.43        0.106
    -------------------------------------------------------------------------
    CM07-09       111.86       130.90        19.04        0.030
    -------------------------------------------------------------------------
                  163.68       206.31        42.63        0.017         0.46
    -------------------------------------------------------------------------

    Notes:

    -   core size is BQTK (equivalent to B-thinwall).
    -   sample intervals are generally 1.0-2.0 metres in length.
    -   values reported are from ICP and assay data by Eco Tech Labs in
        Kamloops, BC and are core length intercepts, not true width. Values
        reported are Mo, not MoS2 and all samples reporting greater than
        500ppm from ICP analysis are assayed.
    

    Hole CM07-06 was collared from the same site as hole CM07-05, as a
vertical hole to test visually favourable mineralization seen in hole CM07-05.
The hole intersected molybdenite mineralization throughout its length, with
the better results in the upper 100 metres, assaying 0.029% Mo over
108.48 metres from 1.52 to 110.00 metres.
    Hole CM07-07 was collared at an azimuth of 180 degrees and a dip of
-60 degrees, approximately halfway between hole CM07-03 and CM07-05/06. The
upper portion of the hole was mineralized, averaging 0.025% Mo over 44.18
metres from 1.82 to 46.00 metres, including higher grade intercepts of 0.097%
Mo over 4.50 metres and 0.217% Mo over 1.50 metres.
    Hole CM07-08 was collared at an azimuth of 360 degrees and a dip of
-76 degrees, approximately 125 metres west of hole CM07-01/02. The hole was
targeting an IP chargeability anomaly with both low and high resistivity
features. The hole intersected broad zones of low-grade molybdenite
mineralization with some narrow, higher-grade zones, including 0.106% Mo over
1.43 metres. This hole encountered low but elevated silver values throughout
much of its length and may indicate a change in the mineralizing solutions as
silver is elevated relative to the other eight holes completed in 2007.
    Hole CM07-09 was collared as a vertical hole, approximately 82 metres
northwest of hole CM07-08; the target was a near surface chargeability anomaly
on the margins of a larger, deeper seated conductor that could not be tested
with the drill available. The hole intersected moderately anomalous
molybdenite mineralization in the middle portion of the hole, with results of
0.030% Mo over 19.04 metres, including 0.060% Mo over 4.42 metres, and a lower
zone averaging 0.017% Mo over 42.63 metres.
    The company is pleased with the fact that all holes drilled intersected
molybdenite mineralization. The strongest IP chargeability conductor, at a
depth of 500 metres below surface, remains to be tested as the drill available
was not capable of reaching this depth. As a result the Company focused its
efforts on the nearer surface targets. The IP survey indicates the large
conductor remains open to the west. Work planned for 2008 is to expand the IP
survey to fully resolve the deep-seated target prior to drill testing this
target, and to follow-up through drilling the anomalous results received from
holes CM07-01-03 and 05 the results of which were previously disclosed as
follows:

    
    -------------------------------------------------------------------------
    Hole No          From (m)         To (m)       Length (m)           Mo %
    -------------------------------------------------------------------------
    CM07-01           187.41          343.51           156.1           0.035
    -------------------------------------------------------------------------
      including       290.90          305.08           14.18           0.141
    -------------------------------------------------------------------------
      including       301.81          304.80            2.99           0.437
    -------------------------------------------------------------------------

    CM07-03             1.25          234.50          233.25           0.044
    -------------------------------------------------------------------------
      including       132.73          159.60           26.87           0.136
    -------------------------------------------------------------------------
      including       140.22          149.69            9.47           0.306
    -------------------------------------------------------------------------

    CM07-05            84.57          279.62          195.05           0.053%
    -------------------------------------------------------------------------
      Including       140.80          185.40           44.60           0.196%
    -------------------------------------------------------------------------
      Including       166.50          185.40           18.90           0.396%
    -------------------------------------------------------------------------
      Including       177.62          185.40            7.78           0.936%
    -------------------------------------------------------------------------
    

    Additional conductive zones are indicated approximately 200-400 metres
below the bottom of hole CM07-05, the company intends on testing these targets
at a later date with a larger drill. The nine (9) completed drill holes cover
a strike length of approximately 700 metres. Preliminary indications are that
the mineralization is increasing to both the north and west, approaching the
deep conductive zones that will be the focus of the next phase of diamond
drilling.
    Mr. Wesley Raven P.Geo., is the qualified person for this project and has
reviewed and verified the contents of this news release.

    ON BEHALF OF THE BOARD OF DIRECTORS,

    "Harold Forzley"

    Harold Forzley
    President/CEO
    Pacific Cascade Minerals Inc.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or the accuracy of this news release. We
    seek Safe Harbor.





For further information:

For further information: Harold Forzley, President/CEO, Craig Robson
and/or Robert Krause directors at: Telephone: (604) 685-5851, Facsimile: (604)
685-7349

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PACIFIC CASCADE MINERALS INC.

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