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Pacific Imperial Mines Signs Revised Option Letter Agreement to Acquire 100% of Babine Property with Demonstrated Porphyry Copper Potential
(TheNewswire)   Vancouver, British Columbia – TheNewswire - December 22, 2025...
About this update from Pacific Imperial Mines Inc.
[{"type":"text","content":"Pacific Imperial Mines Signs Revised Option Letter Agreement to Acquire 100% of Babine Property with Demonstrated Porphyry Copper Potential\n(TheNewswire)\n \n\nVancouver, British Columbia –\nTheNewswire - December 22, 2025 – Pacific Imperial\nMines Inc. (TSX.V: PPM) (“Pacific Imperial”\nor the “Company”) is pleased to announce it has entered into an option\nletter agreements dated December 19, 2025 (“Option Agreement”)\nwhereby the Company may acquire a 100% interest in the Babine\nexploration property in Central British Columbia. The project is road\naccessible with demonstrated porphyry copper potential.  \n\n\nThe Babine property consists of three mineral claims\ncovering 2,226 hectares located 1.5 km north of Granisle Mine. The\nCompany may exercise the option on the Babine property by paying an\naggregate cash consideration of $120,000, issuing 750,000 common\nshares of the Company and incurring exploration expenditures on the\nProperty of $1,756,000 all in staged amounts by December 31, 2029.\n(See table below) Upon the exercise of the option, the Company will\nown a 100% interest in the Babine property. The Babine property is\nsubject to a 1.5% net smelter returns royalty held by four private\nowners. \n\n\n\n-1\n\n\n\n\n-2\n\n\n\n\n-3\n\n\n\n\n-4\n\n\n\n\nPayment Period\n\n\n\n\nCash or Share\n\n\n\n\nShare Issuance\n\n\n\n\nExpenditures\n\n\n \n\n\nPayment \n\n\n \n \n\n\nBy December 31, 2025\n\n\n \n \n\n\n$6,000 \n\n\n\n\nOn Approval from TSX\n\n\n \n\n\n300,000\n\n\n \n\n\nOn or before July 31, 2026\n\n\n \n\n\n150,000\n\n\n\n\n$50,000 \n\n\n\n\nOn or before Dec 31, 2026\n\n\n \n\n\n150,000\n\n\n \n\n\nOn or before Dec 31, 2027\n\n\n \n\n\n150,000\n\n\n\n\n$200,000 \n\n\n\n\nOn or before Dec 31, 2028\n\n\n\n\n$45,000 \n\n\n \n\n\n$500,000 \n\n\n\n\nOn or before Dec 31, 2029\n\n\n\n\n$75,000 \n\n\n \n\n\n$1,000,000 \n\n\n\n\nTOTAL:\n\n\n\n\n$120,000 \n\n\n\n\n750,000\n\n\n\n\n$1,756,000 \n\n\n \n\nThe Babine property is extensively till covered but\nprevious exploration; including, prospecting, geophysics and drilling\nlocated sulphide mineralization in several areas. A number of\nsemi-circular magnetic anomalies similar in size and shape to the Bell\nand Granisle mines are located o...