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  Agreement to Purchase the El Corral and Venado (Chile) Copper
  Oxide Properties
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Pacific Copper Corp. (OTCBB: PPFP) (CUSIP # 69412U 10 0 ) through its
Chilean subsidiary, has executed a Letter of Intent ("LOI") with a
single vendor to acquire a 100% interest in the Venado oxide copper
project located 45 km northeast of the city of Copiapo, Atacama Region
III, Chile, and a 100% interest in the El Corral oxide-chalcocite
copper property located 110 km southeast of Copiapo, Chile and in
Atacama Region III.

The Venado property, which consists of nearly 3600 hectares, is
road-accessible and is characterized by mineralized breccias and shear
zones, containing various forms of oxide copper over considerable
strike lengths, of up to 1500 meters at surface, throughout the
property. Pending geochemical results from surface sampling, these
oxides appear to contain ore grade material. The vendor will receive 2
million shares of the Company at closing in exchange for this property,
along with a 2% Net Smelter Return ("NSR") royalty capped at US$6
million, 1% of which can be repurchased prior to commercial production
for the sum of US$2 million. Major companies active in this district
include Teck-Cominco, BHP, Yamana, and Xstrata.

The El Corral property, which consists of nearly 4000 hectares, is
road-accessible and is characterized by oxide copper and chalcocite
mineralization in various volcanic and volcanoclastic sedimentary units
encountered at the surface. Multiple mineralized zones are found
throughout an area of 10km long by 4km wide. Selected surface samples
at the property analyzed in 1999 yielded copper grades from .01% to in
excess of 5% of which 96 channel and chip samples have average grade of
1.1% copper. The vendor will receive 2 million shares of the Company at
closing in exchange for El Corral, and a 2% NSR royalty subject to the
same repurchase terms as above. Major companies with a presence in the
general area include Freeport, Teck Cominco and Xstrata.
The Company anticipates that both El Corral and Venado, subject to
confirmation of resources, a mine plan and feasibility, would
eventually be the subject of open pit, heap leaching copper oxide
operations. Currently, Pacific Copper anticipates commencing an
immediate exploration and definitional drilling campaign at both
properties which will be pursued through the end of calendar year 2008.

You can find more detailed information with respect to the company's
projects, corporate information and leadership team at the company's
website: www.pacificcopper.com

Investor Relations info@pacificcopper.com
Hal Johnston or Mike Parker 
Toll free at 1-877-306-7979

Should you have any questions or comments, please do not hesitate to
contact the Company or our Investor Relations people at the referenced
numbers above.

FORWARD-LOOKING STATEMENTS: This news release contains certain
"forward-looking statements" to the effect that certain events or
conditions "may" or "will" occur.  Any estimate of potential
mineralized material is a forward looking statement.  Forward-looking
statements are based on the opinions and estimates of management at the
date the statements are made based upon information available to
management, and are subject to a variety of risks and uncertainties and
other factors that could cause actual events or results to differ
materially from those projected in the forward-looking statements.
These factors include the inherent risks involved in the exploration
and development of mineral properties, the uncertainties involved in
interpreting drilling results and other ecological data, the
uncertainties related to third-party reports that have not been
confirmed by management or the Company, and other factors.  The Company
undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change.  The
reader is cautioned not to place undue reliance on forward-looking
statements.

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please respond back to Info@Sweetwatercapital.net with the word
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Copyright (c) 2008 PACIFIC COPPER CORP. (PPFP)  All rights reserved.
For more information visit our website at http://www.pacificcopper.com/
or send mailto:info@sweetwatercapital.net
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