Mining Stock Report

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PACIFIC INTERSECTS 0.196% MOLYBDENUM OVER 44.6 METERS WITH 0.396% OVER 18.90 METERS AND 0.936% OVER 7.78 METERS

Vancouver, October 29th, 2007, Pacific Cascade Minerals Inc. announces the results from drill holes numbers CM07 – 04 and CM07-05 completed on the Crack Moly Project located northeast of Harrison Lake, BC. These holes are the next in a series of nine holes completed during the Company’s 2007 drill program.

Significant results were obtained from hole CM07-05 which returned a weighted average of 0.053% Mo over 195.05 metres and includes high-grade intercepts of 0.196% Mo over 44.60 metres and 0.396% Mo over 18.9 metres as well as 0.936% Mo over 7.78 meters and a 1.84 meter intersection of 3.644% Mo. A summary of the significant results is presented in the accompanying table.

Hole No. From (m) To (m) Length (m) Mo (%)

CM07-05 84.57 279.62 195.05 0.053%
Including 140.80 185.40 44.60 0.196%
Including 166.50 185.40 18.90 0.396%
Including 177.62 185.40 7.78 0.936%
Including 177.62 179.46 1.84 3.644%

Notes:

-core size is BQTK (equivalent to B-thinwall).

-sample intervals are generally 1.0-2.0 metres in length.

-values reported are from ICP and assay data by Eco Tech Labs in Kamloops, BC and are core length intercepts, not true width. Values reported are Mo, not MoS2 and all samples reporting >500ppm from ICP analysis are assayed.

Hole CM07-04 was collared at an azimuth of 180 degrees and a dip of -70 degrees to test a near surface chargeability anomaly; the hole was the easternmost hole drilled in the 2007 program. The hole failed to intersect the target with only minor disseminated pyrite, pyrrhotite, and molybdenite encountered, no significant assays were received.

Hole CM07-05 was collared at an azimuth of 180 degrees and a dip of -55 degrees to test both a near surface chargeability conductor to a depth of approximately 50 metres and a deeper conductor from 250 to 350 metres depth. The hole intersected molybdenite mineralization throughout much of its length assaying 0.053% Mo over 195.05 metres from 84.57-279.62 metres. Included in this broad intercept are high grade intervals that include 0.196% Mo over 44.60 metres, 0.396% Mo over 18.90 metres and 0.936% Mo over 7.78 metres Additional conductive zones are indicated approximately 200-400 metres below the bottom of hole CM07-05, the company intends on testing these targets in the next drill program.

Holes CM07-01 to -05 were drilled on the eastern margins of a deep-seated conductive zone defined by the company's 2005 Induced Polarization (IP) survey, which indicates chargeable zones extending to depths of approximately 500-600 metres below surface. The deep conductors are believed to be the source of the mineralization. This drill program has tested breccia pipe systems emanating from this source. All holes successfully intersected molybdenite mineralization occurring as disseminations, fracture filling, quartz-molybdenite veins and coarse-grained rosettes.

The molybdenite mineralization is found in all lithologies intersected to date and includes granodiorite, quartz-feldspar porphyry, and both monolithic and heterolithic breccias.

The nine completed drill holes cover a strike length of approximately 700 metres. Preliminary indications are that the mineralization is increasing to both the north and west, approaching the deep conductive zones that will be the focus of the next phase of diamond drilling.

Mr. Wesley Raven P.Geo., is the qualified person for this project and has reviewed and verified the contents of this news release.

ON BEHALF OF THE BOARD OF DIRECTORS,

“Harold Forzley”

Harold Forzley
President / CEO
Pacific Cascade Minerals Inc.

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