TSX:
CGG
HKSE:
2099
last:
3.87 (-0.06)
last:
23.9 (+0.08)
vol:
9,778
vol:
523,200

Amended MD&A Filed


October 2, 2003

Vancouver --- Pacific Minerals Inc. (PMZ:TSXV) announced today that it has amended and restated its previously filed Management Discussion and Analysis for the year ended December 31, 2002 and the Management Discussion and Analysis forming part of its interim financial statements for the quarters ended March 31, 2003, and June 30, 2003, to provide additional financial discussion of its operations.

New management is committed to improve the quality of disclosure that the company provides to its shareholders and other investors and to ensure that such disclosure is responsive to regulatory requirements.

The amended documents have been refiled on SEDAR (www.sedar.com).

Pacific Minerals is a Canadian company focused on the exploration and development of precious and base metals (platinum, palladium, gold, nickel, and copper) in the People's Republic of China.

Investors: Bill Trenaman/ Media: Bob Williamson: +1.604.688.5755
Email: [email protected] Website: www.pacific-minerals.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy or this release.