Pacifica Resources Defers Howard's Pass Financing Into 2006

VANCOUVER, Sept. 23 /CNW/ - Pacifica Resources Ltd. (PAX.TSX-V) informs
investors that it has withdrawn the financing announced on August 25, 2005.
Management plans to defer financing of future exploration until all drill hole
data from the current drilling program and other testwork are released.
Pacifica currently has working capital of approximately $2 million. The $3.5
million program on Howard's Pass is nearing completion and is expected to be
finished in early October. The work completed this year will come close to
fulfilling the work commitments under the option agreement (see August 22,
2005 news release).
Management and directors are very encouraged by the summer drilling
program that has defined several new zones of well mineralized Active Member
(see September 6, 2005 news release). The new discoveries fill much of the gap
that existed between deposits identified in the 1970's drill holes, and
suggests that each of the zones is part of one large continuous zone of
mineralization that spans more than 30 kilometres in length.
Pacifica has completed 50 diamond drill holes thus far in the program,
for which assays have been released for 12 drill holes. Drilling is continuing
with an additional 3 holes planned. Upon receipt of all drill hole data from
this year's program, re-estimation of resources will be undertaken in the
various zones, with a focus on determining resources that could be mined by
open pit methods.
This winter, Pacifica will plan a major drilling program for defining the
full potential of this giant zinc-lead deposit and target sufficient open pit
resources to undertake detailed economic evaluation. The results of new
samples submitted for gravity testwork are expected by early November; after
which a scoping study will get underway to evaluate open pit development
alternatives and the application of dense media separation technology (see
July 21, 2005 news release). The scoping study is expected to be completed
early in 2006 and form the basis of a new larger financing.
Pacifica's prime focus is the major exploration program in progress on
the Howard's Pass zinc-lead deposit in eastern Yukon. Howard's Pass is one of
the few large deposits being explored or advanced that could begin to fill the
current large supply deficit in zinc.

This press release may contain forward-looking statements based on
assumptions and judgments of management regarding future events or results
that may prove to be inaccurate as a result of exploration and other risk
factors beyond its control and actual results may differ materially from the
expected results.

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