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2007 News Releases - Monday, July 23, 2007
Pacific Rim Announces 2007 Year-End Results
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News Release #07-06

Pacific Rim Mining Corp. ("Pacific Rim" or "the Company") is pleased to
announce its financial results for the twelve months ended April 30,
2007. Complete financial statements will be included in the Company's
2007 Annual Report to be mailed to shareholders shortly. All monetary
amounts are expressed in United States ("US") dollars unless otherwise
stated.

Overview

Pacific Rim is a growth-oriented, revenue-generating, environmentally
and socially responsible gold exploration company with operations in
North America and exploration assets in Central and South America. The
Company is expanding and developing its advanced-stage, high grade El
Dorado gold project in El Salvador and is actively exploring a pipeline
of grassroots gold projects. Pacific Rim's goal is to become a low
cost, intermediate level gold producer. The Company's shares trade
under the symbol PMU on both the Toronto Stock Exchange ("TSX") and the
American Stock Exchange ("AMEX").

Financial Highlights
(all amounts in thousands of US dollars, except per share amounts)


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Restated Restated
Year ended Year ended Year ended
April 30, April 30, April 30,
2007 2006 2005
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Revenue $ 8,337 $8,024 $11,868
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Operating Costs $ 5,442 $ 4,410 $ 9,019
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Exploration expenditures $ 10,401 $ 6,237 $ 6,351
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Loss before discontinued
operations $(10,404) $(3,898) $(5,014)
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Loss for the period $ (9,417) $ (608) $(4,749)
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Per share (basic and diluted) $ (0.09) $ (0.01) $ (0.06)
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Cash Flow used for operating
activities $ (7,211) $(1,090) $(1,610)
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Net increase (decrease) in cash $ 739 $ 1,321 $(1,027)
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Cash and cash equivalents at end
of period $ 2,496 $ 1,757 $ 436
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Total assets $ 21,494 $25,320 $ 8,798
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Total liabilities $ 4,857 $ 2,665 $ 2,175
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Working Capital $ 9,297 $16,313 $ (135)
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Common shares outstanding
(average) 106,938,672 82,527,499 80,514,168
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Fully diluted shares (average) 110,324,438 88,948,999 86,636,068
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Fiscal 2007 Technical and Corporate Developments

Exploration

Pacific Rim's primary on-going exploration project is the
advanced-stage El Dorado gold project in El Salvador. The Company's
focus at El Dorado during fiscal 2007 was the completion of an updated
resource estimate taking into account the South Minita and Nance Dulce
deposits, and resuming exploration drilling in the central El Dorado
deposit area. Both of these undertakings were highly successful.

The total gold equivalent measured and indicated resource at the El
Dorado project grew to 3.7 million tonnes at an average gold equivalent
grade of 10.24 g/t tonne, or 1.2 million ounces of gold. This resource
comprises 780,000 tonnes at an average grade of 11.3 g/t gold and 75.8
g/t silver (or 12.4 g/t gold equivalent) for a total of 283,600 ounces
of gold and 1.9 million ounces of silver (or 311,000 gold equivalent
ounces) in the measured resource category; and 2.9 million tonnes at an
average grade of 8.8 g/t gold and 58.6 g/t silver (or 9.7 g/t gold
equivalent) for a total of 831,900 ounces of gold and 5.5 million
ounces of silver (or 910,700 gold equivalent ounces) in the indicated
resource category. Readers are directed to National Instrument 43-101
disclosure at the end of this release for additional information.

The mineral resource estimates presented above have been calculated in
accordance with National Instrument 43-101 as required by Canadian
securities regulatory authorities, which differ from standards of the
U.S. Securities and Exchange Commission ("SEC"). The resource
estimates contained in this discussion would not be permitted in
reports of U.S. Companies filed with the SEC.

A number of new gold zones were discovered on the El Dorado project
during fiscal 2007 that are expected to increase the El Dorado resource
estimate further. The Balsamo deposit is of particular interest as it
contains a high proportion of intersections that contain high gold
grades over relatively wide widths, and is located in close proximity
to the planned El Dorado mine infrastructure as proposed in the
Company's January 2005 prefeasibility study. Furthermore, the Balsamo
vein may represent a new gold-enriched structure similar to the
prolific Minita structure that hosts the bulk of the El Dorado
resources and reserves, with the potential for multiple deposits as
demonstrated on the Minita structure. The north-south striking Balsamo
deposit is steeply inclined to the north and while the upper elevations
of this gold zone have been loosely defined, it remains open along
strike and to depth. The Company is currently focusing its El Dorado
drill program exclusively on the Balsamo deposit.

Pacific Rim's exploration activities elsewhere in El Salvador during
the past fiscal year included surface mapping, sampling and target
generation programs at the Zamora-Cerro Colorado project and
commencement of a drill program at the Santa Rita project that was
shortly thereafter temporarily suspended pending the resolution of a
localized opposition campaign.

Executive Appointments

A number of executive appointments were made during fiscal 2007. Pete
Neilans joined Pacific Rim as Chief Operating Officer, a new position
for the Company, and April Hashimoto replaced John Norman as Chief
Financial Officer. Both Mr. Neilans and Ms. Hashimoto hailed from
executive positions at Placer Dome Inc.

Results of Operations

For the fiscal year ended April 30, 2007, Pacific Rim recorded a loss
of $(9.4) million or $(0.09) per share, compared to a loss of $(0.6)
million or $(0.01) per share for the fiscal year ended April 30, 2006
and $(4.7) million or $(0.06) per share for the fiscal year ended April
30, 2005. The substantial increase in net loss for Y/E2007 is
primarily due to increased exploration costs for the current year
($10.7 million for fiscal 2007 compared to $6.3 million and $6.4
million for the previous two fiscal periods), combined with an increase
in mine operating expenses at the Company's Denton-Rawhide residual
leach gold operation ($5.6 million for fiscal 2007 compared to $4.5
million and $10.0 million for the previous two fiscal years) and lower
recoveries from the Company's investment in the Andacollo mine ($1.0
million for fiscal 2007 compared to $3.3 million during fiscal 2006 and
$0.3 million for fiscal 2005).

Revenue

Revenue, consisting entirely of the sale of gold and silver bullion
from the Denton-Rawhide mine, was $8.3 million in fiscal 2007, compared
to $8.0 million in fiscal 2006 and $11.9 million in fiscal 2005.
Revenue for fiscal 2007 was marginally higher than the 2006 fiscal
period, despite a 22% decrease in gold production, due to improvements
in the realized gold price ($644 per ounce for fiscal 2007 compared to
$497 per ounce for fiscal 2006 and $412 per ounce for fiscal 2005).
Although the realized gold price in fiscal 2005 was substantially lower
than in fiscal 2007, the improvement in gold price over the two year
period was not enough to compensate for the decrease in gold production
(11,768 ounces for fiscal 2007 compared to 22,056 ounces for fiscal
2005) over the same time frame.

Mine operating costs were $5.6 million in fiscal 2007 compared to $4.5
million in fiscal 2006 and $10.0 million in fiscal 2005. Processing
and administration expenses at the Denton-Rawhide mine were higher in
fiscal 2007 than in fiscal 2006, as were depreciation, depletion and
amortization costs ($0.1 million for fiscal 2007 compared to a
negligible amount for fiscal 2006), which led to an increase in mine
operating costs in the current year compared to the previous fiscal
period. However, processing costs, as well as depreciation, depletion
and amortization, were higher in fiscal 2005 than in fiscal 2007 (due
to greater productivity at the mine as evidenced by the substantially
higher gold production achieved during fiscal 2005), which led to lower
operating costs in fiscal 2007 as compared to fiscal 2005.

Revenues, mine operating costs and depreciation, depletion and
amortization costs decreased from fiscal 2005 to fiscal 2006 and
respectively increased from fiscal 2006 to fiscal 2007. As a result,
mine operating income increased between fiscal 2005 ($1.9 million) and
fiscal 2006 ($3.5 million) and then decreased in fiscal 2007 to $2.8
million.

Expenses

Net non-operating expenses increased substantially during fiscal 2007
to $13.2 million, compared to $7.4 million for fiscal 2006 and $6.9
million for fiscal 2005.

Exploration expenditures increased substantially in fiscal 2007 ($10.7
million) compared to fiscal 2006 ($6.3 million) and fiscal 2005 ($6.4
million). The Company doubled its drill rig fleet to 4 rigs at the El
Dorado project during fiscal 2007, which resulted in an increase in
direct exploration expenditures. Exploration costs were also elevated
during fiscal 2007 due to increased expenditures on the Company's
social and environmental initiatives.

General and administrative expenses increased during fiscal 2007 to
$3.0 million compared to $1.7 million for fiscal 2006 and $1.6 million
for fiscal 2005, due to the overall higher level of business activity
and higher regulatory and legal costs of complying with recently
introduced United States and Canadian reporting and regulatory
requirements.

The Company realized interest income (booked as a negative expense) of
$0.6 million in fiscal 2007, compared to $0.3 million in fiscal 2006
and $0.1 million in fiscal 2005. Interest income was earned on cash
and temporary investments held in each fiscal period. The increase in
interest income in fiscal 2007 compared to the previous two fiscal
periods reflects higher cash and temporary investment balances through
the current period as a result of an equity financing the Company
conducted in late fiscal 2006.

A $0.8 million gain on the sale of property plant and equipment during
fiscal 2005 helped to offset expenses that fiscal year. There was no
comparable gain during fiscal 2007 and a very minor comparable gain
during fiscal 2006.

Unusual Items

During fiscal 2007 the Company recovered $1.0 million on its investment
in the Andacollo Mine, compared to a recovery of $3.3 million in fiscal
2006 and $0.3 million in fiscal 2005. The recovery of this investment
relates to staged payments on the sale of the Andacollo Mine during
fiscal 2007.

Summary

As a result of the decrease in revenue and substantial increase in
expenses, the Company realized an after-tax loss for fiscal 2007 of
$(9.4) million or $(0.09) per share, compared losses of $(0.6) million
($(0.01) per share) and $(4.7) million ($(0.06) per share) for fiscal
2006 and fiscal 2005 respectively.

Liquidity and Capital Resources

Cash

During fiscal 2007 Pacific Rim's cash and cash equivalents increased by
$0.7 million from $1.8 million at April 30, 2006 to $2.5 million at
April 30, 2007. At Y/E2007, temporary investments (consisting of short
term, redeemable guaranteed investment certificates) and bullion were
$7.9 million and $0.8 million respectively, compared to $14.6 million
and $0.5 million respectively at Y/E2006 (a year over year decrease of
$6.7 million for temporary investments and a year over year increase of
$0.3 million for bullion). The total of cash and cash equivalents,
temporary investments and bullion (which in the Company's opinion are
collectively equivalent to cash, being immediately available to cover
short-term cash requirements) was $11.2 million at April 30, 2007
compared to $16.9 million at April 30, 2006, a decrease of $5.7
million. This decrease is primarily attributable to increased
exploration expenditures at the Company's El Dorado project and
increased general and administrative expenses during fiscal 2007
compared to the previous fiscal period.

During fiscal 2007 the Company received cash flow from the following
sources: $2.9 million from Denton Rawhide, $1.0 million in proceeds
related to the sale of Andacollo, $2.1 million from the exercise of
stock options and warrants, $0.5 million in interest income and $6.6
million in redemption of temporary investments. Outlays of cash during
the year included: $9.4 million in direct exploration expenditures,
$2.2 million in direct general and administrative expenses and $0.8
million in the purchase of property, plant and equipment. The net of
these cash inflows and outlays was an increase in cash and cash
equivalents for fiscal 2007 of $0.7 million.

Working Capital

At April 30, 2007, the book value of Pacific Rim's current assets stood
at $11.8 million, compared to $17.4 million at April 30, 2006. The
decrease in current assets is primarily as result of redemptions of
temporary investments (from redemptions into cash) and subsequent cash
expenditures as outlined in Section 6 above. Bullion increased from
$0.5 million to $0.8 million between Y/E2006 and Y/E2007, primarily due
to the higher unit cost per ounce of gold bullion at April 30, 2007
relative to April 30, 2006. Property, plant and equipment increased
from $4.7 million at April 30, 2006 to $6.3 million at April 30, 2007
as a result of the purchase of new equipment at the Denton-Rawhide mine
and property purchases in El Salvador. The Company's total assets at
Y/E2007 were $21.5 million compared to $25.3 million at Y/E2006.

At Y/E2007, Pacific Rim had current liabilities of $2.5 million
compared to $1.0 million at Y/E2006. The year over year increase in
current liabilities is due to a $1.4 million increase in accounts
payable, reflecting unpaid invoices at April 30, 2007 ($0.9 million at
Y/E2006 compared to $2.3 million at Y/E2007) and a $0.1 million
increase in the current portion of accrued closure costs ($0.2 million
at Y/E2006 compared to $0.3 million at Y/E2007). The Company's
long-term portion of accrued closure costs increased from $1.6 million
at April 30, 2006 to $2.3 million at April 30, 2007, due in part to a
re-estimate of the closure costs for the Denton-Rawhide mine.
Currently, Pacific Rim has no short- or long-term debt.

The $5.5 million decrease in current assets combined with the $1.5
million increase in current liabilities, resulted in a $7.0 million
reduction in working capital from $16.3 million at the end of fiscal
2006 to $9.3 million at the end of fiscal 2007.

The Company's exploration plans for fiscal 2008 are:

.. to complete drilling of the Balsamo deposit and utilize the data
generated to calculate an updated resource estimate for the El Dorado
project

.. to complete work on the El Dorado project feasibility study,
incorporating the updated resource estimate, which will consider an
expanded operation with greater annual throughput than that envisioned
in the January 2005 pre-feasibility study. The El Dorado feasibility
study commenced in late fiscal 2006 and was originally expected to be
completed during fiscal 2007 before being temporarily halted in March
2007 order to include the important Balsamo deposit discovery

.. to continue exploration drilling within the El Dorado project and
test high priority gold targets discovered in the southern part of the
El Dorado district

.. to resume exploration work, including a Phase 1 drill program, at
the Santa Rita project

.. to generate drill targets on the Company's grassroots projects, and
identify additional project acquisition opportunities

The Company anticipates that its fiscal 2008 exploration plans as
outlined above will cost approximately $8.0 million, though a majority
of this anticipated spending is discretionary and can be adjusted
according to short-term cash flow predictions. In order to complete
this program as planned the Company may require additional financing
during fiscal 2008, or alternatively may be required to reduce its
exploration expenditures. Pacific Rim forecasts production levels,
revenue and cash flow from the Denton-Rawhide gold mine roughly 6
months in advance due to the variability in recoveries that are
inherent in a residual heap leach operation, and the volatility in gold
price. Denton-Rawhide is expected to contribute additional funds over
the coming fiscal year that will be used for exploration or general and
administrative expenses. In addition, in September 2007 the Company
expects to receive a $1.4 million payment related to the sale of the
Andacollo mine. Furthermore, the Company anticipates cash flow from
tipping fees related to the sale of the Denton-Rawhide open pits, if as
and when the Denton-Rawhide Property Purchase and Sale Agreement closes
as expected in October 2007. Additional financing will be required if
the Company is able to commence development activities (construction of
an access / haulage ramp) at El Dorado during the coming fiscal year.

Pacific Rim, received $1.0 million during fiscal 2007 (compared to $3.3
million in fiscal 2006) in recovery of investment in the Andacollo mine
related to its sale of its Cayman and Chilean subsidiaries that owned
the Andacollo mine, and anticipates receiving a final property payment
of $1.4 million during fiscal 2008.

Production

Pacific Rim is 49% joint venture owner of the Denton-Rawhide gold mine,
located near Fallon, Nevada. Kennecott Rawhide Mining Company, a
subsidiary of Rio Tinto Plc, is 51% joint venture owner and operator of
the mine. Denton-Rawhide is a residual heap leach operation that
ceased active mining in October 2002. Crushing and stacking of a
low-grade ore stockpile continued until May 2003 at which time the
operation commenced the residual leach and reclamation phase.

Pacific Rim's share of production from the Denton-Rawhide operation
during fiscal 2007 was 11,768 ounces of gold and 108,246 ounces of
silver at a total cash production cost of $378 per ounce of gold
produced (calculated as per industry standards and net of silver
credits). During fiscal 2006 and fiscal 2005, Pacific Rim's share of
production was 15,117 ounces of gold and 135,085 ounces of silver at
total cash production costs of $223 per ounce, and 22,056 ounces of
gold and 212,705 ounces of silver at total cash production costs of
$331 per ounce, respectively. Cash production costs for fiscal 2007
were $155 per ounce greater than in fiscal 2006 and $47 per ounce
greater than in fiscal 2005. The increase in fiscal 2007 production
costs relative to the previous two fiscal years is primarily due to the
decrease in production since fiscal 2005 providing fewer ounces over
which to spread the operating costs, as well as higher operating costs
in fiscal 2007 compared to fiscal 2006.

Fiscal 2007 gold production from Denton-Rawhide was approximately 22%
lower than in fiscal 2006 and 47% lower than in fiscal 2005. This
decline in production represents the natural slowdown in recovery that
occurs in the residual leach phase of a heap leach operation. A
variety of techniques are being employed at the Denton-Rawhide mine to
maximize gold production as the operation continues through the
residual leach phase, including re-contouring and re-distributing the
heap leach pile and emplacing perforated pipes into the heap leach pile
to provide deeper access for the leaching fluids. These efforts may
result in short term increases in gold production at Denton-Rawhide but
are not expected to materially offset the slowdown in production which
is typical of residual leach operations. Gold production from
Denton-Rawhide is anticipated to continue at declining rates through
the coming fiscal year. For the purposes of internal budgeting, the
Company's projections for Denton-Rawhide production look forward no
more than 6 months at a time.

Outlook

Pacific Rim's available funds include current cash and cash equivalent
balances plus short term liquid investments, an anticipated $1.4
million payment due in September 2007 related to the sale of the
Andacollo mine, and projected cash flow from gold production at the
Denton-Rawhide mine, which is expected to continue through fiscal 2008
and beyond, albeit with decreasing production rates and cash flows as
the operation progresses through the residual leaching phase.

A substantial portion of these funds will be spent on the El Dorado
gold project in El Salvador in the coming year. The Company expects to
complete its ongoing Balsamo deposit drill program in its second
quarter of fiscal 2008, and calculate an updated resource estimate for
the El Dorado project by the end of December 2007. Subsequent to the
completion of the updated resource estimate, the El Dorado feasibility
study will resume (having been temporarily postponed during fiscal 2007
in order to gather the data necessary to include the Balsamo deposit in
the mine plan), with an anticipated completion before the end of fiscal
2008. The El Dorado feasibility study will consider the economic
impact of including the South Minita and Balsamo deposits in the El
Dorado mine plan (as envisioned in the January 2005 prefeasibility
study) and the possibility of expanding the annual throughput of the
proposed operation. In addition the Company intends to continue
exploration drilling within the El Dorado project, concentrating on
testing the high priority gold targets it has defined in the southern
part of the El Dorado district and will continue its social and
environmental initiatives. The Company intends to commence
construction of an access / haulage ramp on the El Dorado property once
it is able to evaluate the detailed economics outlined in the full
feasibility study expected to be completed by the end of fiscal 2008,
and will further depend on obtaining the required mining and
environmental permits and sufficient financing to proceed. Funds
currently available in cash and cash equivalents and temporary
investments, plus anticipated cash flow from gold production at the
Denton-Rawhide mine and payments related to the sale of the Andacollo
mine are marginally sufficient to conduct the Company's planned fiscal
2008 exploration programs but are not sufficient to conduct development
activities at El Dorado and additional financing will be required
during fiscal 2008 if the opportunity to commence development
activities at El Dorado arises. Outside of the El Dorado project,
during the coming fiscal year Pacific Rim intends to spend a portion of
its available funds on a Phase 1 drill program at the Santa Rita gold
project in El Salvador and to conduct early stage exploration
initiatives in the lead up to exploration drilling at its other
grassroots projects in El Salvador and Chile.

National Instrument 43-101 Disclosure

Mr. William Gehlen, Vice President Exploration, supervises Pacific
Rim's exploration work on the El Dorado project. Mr. Gehlen is a
Certified Professional Geologist with the AIPG (No. 10626), an employee
of Pacific Rim and a Qualified Person as defined in NI 43-101.

Mr. David Ernst, Chief Geologist, supervises Pacific Rim's project
generation initiatives. Mr. Ernst is geologist licensed by the State
of Washington, an employee of Pacific Rim Mining Corp. and a Qualified
Person as defined in National Instrument 43-101.

Pacific Rim's sampling procedures follow the Exploration Best Practices
Guidelines outlined by the Mining Standards Task Force and adopted by
The Toronto Stock Exchange. Samples are assayed using fire assay with a
gravimetric finish on a 30-gram split. Quality control measures,
including check- and sample standard-assaying, are being implemented.
Samples are assayed by Inspectorate America Corporation in Reno, Nevada
USA, an ISO 9002 certified laboratory, independent of Pacific Rim
Mining Corp.

The June 2006 El Dorado resource estimate was prepared by Mr. Steven
Ristorcelli, P.Geo., of Mine Development Associates, Reno, Nevada. Mr.
Ristorcelli is an independent Qualified Person as defined in NI 43-101.
The resource estimate conforms to current CIM Standards on Mineral
Resources and Reserves. A technical report in support of the updated
El Dorado resource estimate presented above was filed with SEDAR in
July 2006. The report was co-authored by Mr. Steven Ristorcelli,
P.Geo. and Mr. Peter Ronning, P.Eng., each of whom are independent
Qualified Persons as defined in NI 43-101.

The terms "measured resource", "indicated resource" and "inferred
resource" used in this document are Canadian mining terms as defined in
NI 43-101 and CIM Standards on Mineral Resources and Mineral Reserves.
Mineral resources that are not mineral reserves have not been
demonstrated to be economically and legally extractable. Mineral
resource estimates do not account for mineability, selectivity, mining
loss and dilution. It should not be assumed that all or any part of a
resource will ever be converted to a reserve. These mineral resource
estimates include inferred mineral resources that are normally
considered too speculative geologically to have economic considerations
applied to them that would enable them to be categorized as mineral
reserves. There is also no certainty that these inferred resources
will be converted to measured and indicated resource categories through
further drilling, or into mineral reserves once economic considerations
are applied.

On behalf of the board of directors,

"Thomas C. Shrake"

Thomas C. Shrake
President and CEO

For further information call
Toll Free: 1-888-775-7097 or
(604) 689-1976, or visit www.pacrim-mining.com


This discussion contains forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934 concerning the
Company's plans for its properties, operations and other matters.
These statements relate to analyses and other information that are
based on forecasts of future results, estimates of amounts not yet
determinable and assumptions of management. Statements concerning
reserves and mineral resource estimates may also be deemed to
constitute forward-looking statements to the extent that they involve
estimates of the mineralization that will be encountered if the
property is developed, and in the case of mineral reserves, such
statements reflect the conclusion based on certain assumptions that the
mineral deposit can be economically exploited. Any statements that
express or involve discussions with respect to predictions,
expectations, beliefs, plans, projections, objectives, assumptions or
future events or performance (often, but not always, using words or
phrases such as "expects" or "does not expect", "is expected",
"anticipates" or "does not anticipate", "plans", "estimates" or
"intends", or stating that certain actions, events or results "may",
"could", "would", "might" or "will" be taken, occur or be achieved) are
not statements of historical fact and may be "forward-looking
statements." Forward-looking statements are subject to a variety of
risks and uncertainties, which could cause actual events or results to
differ from those reflected in the forward-looking statements,
including, without limitation:

.. risks related to gold price and other commodity price fluctuations;

.. risks and uncertainties relating to the interpretation of drill
results, the geology, grade and continuity of mineral deposits;

.. risks related to the inherent uncertainty of production and cost
estimates and the potential for unexpected costs and expenses;

.. results of initial feasibility, prefeasibility and feasibility
studies, and the possibility that future exploration, development or
mining results will not be consistent with the Company's expectations;

.. mining and development risks, including risks related to accidents,
equipment breakdowns, labour disputes or other unanticipated
difficulties with or interruptions in production;

.. the potential for delays in exploration or development activities or
the completion of feasibility studies;

.. the uncertainty of profitability based upon the Company's history of
losses;

.. risks related to failure to obtain adequate financing on a timely
basis and on acceptable terms;

.. risks related to environmental regulation and liability;

.. risks related to hedging activities;

.. political and regulatory risks associated with mining and
exploration; and

.. other risks and uncertainties related to the Company's prospects,
properties and business strategy.

Should one or more of these risks and uncertainties materialize, or
should underlying assumptions prove incorrect, actual results may vary
materially from those described in forward-looking statements. Forward
looking statements are made based on management's beliefs, estimates
and opinions on the date the statements are made and the Company
undertakes no obligation to update forward-looking statements if these
beliefs, estimates and opinions or other circumstances should change.
Investors are cautioned against attributing undue certainty to
forward-looking statements.

The TSX and The AMEX have neither reviewed nor accept responsibility
for the adequacy or accuracy of this release.

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Copyright (c) 2007 PACIFIC RIM MINING CORP. (PMU) All rights reserved.
For more information visit our website at
http://www.pacrim-mining.com/ or send mailto:info@pacrim-mining.com
Message sent on Mon Jul 23, 2007 at 10:38:22 AM Pacific Time
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