The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. PACIFIC IMPERIAL MINES INC. 1605-750 West Pender Street, Vancouver, BC, V6C 2T8 Canada Telephone: (604) 669.6332 Facsimile: (604) 688.9336 Email: ppm-corp@telus.net December 13, 2004 PPM-TSX Venture NEWS RELEASE VANCOUVER, British Columbia – September 20, 2004 – Pacific Imperial Mines Inc. (“Pacific Imperial”) announces that it has, concurrently with the completion of the reverse-takeover of Goldchina Holdings Group Limited, granted to seven directors and officers of the Company incentive stock options for the purchase of an aggregate of 1,860,000 common shares of the Company. The options are governed by the Company’s stock option plan and are exercisable at a price of $0.25 per share for a period of five years from the date of grant. ON BEHALF OF THE BOARD OF DIRECTORS OF PACIFIC IMPERIAL MINES INC. “H. Leo King” H. Leo King President For further information: Pacific Imperial Mines Inc., Mr. H. Leo King, President Phone: (604) 688-9368