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Pacific Coast Nickel Corp. Updates Burwash Activity

Michael Sweatman, Pacific Coast Nickel President stated that, "We have wrapped up the Burwash drilling for 2008 and will now wait for results which will be available for interpretation in October." 

Pacific Coast Nickel has an Option Agreement from Strategic Metals Ltd. (TSX-V: SMD), who, along with Archer Cathro & Associates, are the operators of the project. 

There were 5 drill holes comprising 417 meters completed in this summers program. These drill holes were designed to test a number of geochemical anomalies identified in earlier exploration.
 
Michael Sweatman president stated after a property visit in  August "It is really impressive to be able to look west  from our property and see development roads on the adjacent Wellgreen Property from our drill site."  
The Burwash property is located to the east of the Wellgreen Property, about 8 km off the Alaska Highway. There was active exploration being conducted this summer at Wellgreen...
 
It has been very active in the surrounding area this summer with a reported 10,000 claims having been staked along the trend which is largely related to the major fault system that runs through our property and the adjoining Wellgreen Property. This is significant in that the entire belt which surrounds the  Burwash and Wellgreen properties has now been staked. The Burwash property represents an important part of this area and is where significant anomalies have been found. A reported 10,000 claims have been staked along the trend of the geological belt that runs through the Burwash and Wellgreen Properties.
 
Planning for next year will commence after receipt of the analysis of core obtained from this summers drill program. An initial look at the property by our independent geologist  indicates that we may conduct a TEM survey which would be commenced at the same time as next years drill program. This survey would be designed to detect conductors at depth which would  if successful assist in targeting future drilling. In addition, several proposed drill sites which were not tested this year will be tested next year.
 
Murray McClaren, P.Geo., who is a qualified person for the purposes of NI 43-101 has reviewed and approved the contents of this news release. 


About Pacific Coast Nickel

Pacific Coast Nickel Corp is actively exploring properties which are prospective for nickel and copper.  The Company has two major properties. The Big Nic property is located approximately 20 kilometers north-west of Hope BC, immediately west of the former Giant Mascot Mines, a former nickel and copper producer. The Burwash property is adjacent to the Wellgreen Mine, also a former nickel and copper producer. 

The Company is also in the process of reviewing a number of opportunities in South America. 

For further information please contact Michael Sweatman, President, 604-684-4312 or Jevin Werbes at Longview Capital Partners, 604-681-5755. 

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.  This news release may contain forward looking statements based on assumptions and judgments of management regarding future events or results that may prove to be inaccurate as a result of exploration and other risk factors beyond its control, and actual results may differ materially from the expected results. 


Mineral resources that are not mineral reserves do not have demonstrated economic viability. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  

 Forward Looking Statements: This news release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, including, without limitation, statements potential mineralization, the estimation of mineral resources, the realization of mineral resource estimates, interpretation of prior exploration and potential exploration results, the timing and success of exploration activities generally, the timing and results of future resource estimates, permitting time lines, metal prices and currency exchange rates, availability of capital, government regulation of exploration operations, environmental risks, reclamation, title, and future plans and objectives of the company are forward-looking statements that involve various risks and uncertainties. . Although Prophecy believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals in respect of the Transaction, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with operating in foreign jurisdictions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the companies with securities regulators. Readers are cautioned that mineral resources that are not mineral reserves do not have demonstrated economic viability. Mineral exploration and development of mines is an inherently risky business. Accordingly the actual events may differ materially from those projected in the forward-looking statements. For more information on Prophecy and the risks and challenges of their businesses, investors should review their annual filings that are available at www.sedar.com.

"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

This press release does not constitute an offer to sell or a solicitation to buy any of the securities in the United States.  The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (“the U.S. Securities Act”) or any state securities law and may not be offered or sold in the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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