Pacific Imperial Mines Inc. (TSX.V: PPM) has submitted an independent NI 43-101 technical report for its Fenton Property in Houston, British Columbia, to the TSX Venture Exchange for review and approval. The submission is intended to satisfy a key condition tied to the company's previously announced option agreement for the property, which constitutes a Reviewable Transaction under Exchange Policy 5.3. The company also disclosed active geophysical survey work at its Babine Property, signalling continued exploration momentum across both British Columbia assets.

Key Points

  • Pacific Imperial Mines Inc. (TSX.V: PPM) is a Vancouver-based mineral exploration company focused on the Fenton and Babine properties in B.C.
  • The company has submitted an NI 43-101 technical report for the Fenton Property to the TSX Venture Exchange to satisfy a condition of its previously announced option agreement.
  • The Technical Report carries an effective date of September 1, 2026, and a signing date of October 29, 2026, prepared by independent Qualified Person Robert G. Wilson of AKF Mining Services Inc.
  • Investors may be watching for final Exchange approval of the Reviewable Transaction and results from the Babine 3D geophysical survey, expected in December.

Fenton Property Technical Report Filed With TSX Venture Exchange

Pacific Imperial announced it has submitted the NI 43-101 technical report titled "National Instrument 43-101 Technical Report on the Fenton Project, Houston, British Columbia, Canada NTS Map 093L/7" to the TSX Venture Exchange. The report was prepared by Robert G. Wilson, B.Sc., P.Geo., of AKF Mining Services Inc. in Vancouver, who qualifies as an independent Qualified Person under NI 43-101. The submission follows the company's January 27, 2026 press release and is designed to fulfil a key Exchange condition connected to the company's option agreement for the Fenton Property.

Reviewable Transaction Awaits Final Exchange Approval

Because the Fenton Property option agreement constitutes a Reviewable Transaction under TSX Venture Exchange Policy 5.3, it remains subject to final Exchange approval even though the company had previously received conditional approval. The technical report submission represents a material step toward satisfying that requirement. The release states that investors seeking full details of the Transaction terms should refer to the company's earlier press release dated January 27, 2026. The company did not disclose a specific timeline for when final Exchange approval may be granted.

Babine Property 3D Geophysical Survey Targets Depth Mineralisation

Separately, Pacific Imperial disclosed it has contracted a 3D induced polarization and magneto-tellurics survey at its Babine Property. The release states the survey is designed to determine whether a mineralised intrusion exists at depth below a copper-bearing sulphide vein stockwork within the property's volcanic and sedimentary rock formations. Results are expected to be completed in December and are intended to help identify potential drill targets. The immediate share price impact was not clear from available public information.