FAMOSA

Received the copper, lead and zinc assay results from four surface samples.The six grab samples were taken from a rectangular grid about 20 meters by 30 meters in dimension from a depth of approximately 1 m. The assay results for the samples taken averaged 28 oz/ton silver, 1.4 g/t (0.04 oz/ton) gold, 1.3% copper, 5.9% lead and 4.6% zinc. A 500m reverse circulation drilling program on the Famosa property to test the lateral and depth extent of the mineralization identified to date is scheduled to begin before the end of January 2004.

Pacific Comox Resources has received the copper, lead and zinc assay results from four surface samples on its wholly owned Famosa property in northern Sonora, Mexico.The six grab samples were taken from a rectangular grid about 20 m by 30 m in dimension from a depth of approximately 1 m. The assay results for the samples taken averaged 28 oz/ton silver, 1.4 g/t (0.04 oz/ton) gold, 1.3% copper, 5.9% lead and 4.6% zinc. A 500 m reverse circulation drilling program on the Famosa property to test the lateral and depth extent of the mineralization identified to date is scheduled to begin before the end of January 2004.

Pacific Comox Resources has finalized a reverse circulation drilling program for a minimum of 2,500 m on its Mabel and Famosa properties located in northern Sonora State, Mexico. Major Drilling de Mexico will perform the drilling, which is scheduled to start by mid-January. About 100 holes will be drilled to depths of approximately 20 m on the Mabel property, following up on the results of the RC program reported in October 2003 which gave encouraging results on the outcropping quartz veins tested. About 500 m of drilling is planned for the Famosa concession to test the grade, thickness and lateral extent of the high grade silver zone indicated by the grab samples reported in November 2003.