August 29, 2008

Pacific Coast Nickel Corp. Options Yukon Property

Pacific Coast Nickel Corp. (TSX-V: NKL) announced results from drilling at Big Nic completed in July.

Michael Sweatman, Pacific Coast Nickel President, stated that, "It is disappointing that stronger Nickel values were not evident in the holes drilled. We are pleased that the drilling which had been budgeted at over $700,000 was completed for around $350,000 thereby preserving our significant cash resources."

The Big Nic property has been explored over the past 5 years by the Company following favorable prospecting results and extensive airborne and ground geophysics.

The next steps will be to review all data pertaining to the property that has been obtained to determine the future of the property.

Summary of Results

A total of 7 holes totaling 500.15 meters were drilled to test geophysical anomalies and outcrop identified during prospecting.

A summary of the result greater than 0.10% Nickel are as follows:

 -***- ----------------------------------------- Drill Hole   From(m)   To(m)   Ni    Cu                               ppm   ppm ----------------------------------------- ----------------------------------------- SPX 3-08     31.09     32.0   1275  1180 ----------------------------------------- SPX 3-08     33.08     33.56  1080  1475 ----------------------------------------- SPX 4-08      5.0       6.14  1160   386 ----------------------------------------- -****- 

Murray McClaren, Vice President of exploration, who is a qualified person for the purposes of NI 43-101, has reviewed the contents of this news release.

About Pacific Coast Nickel Corp.

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 Burwash property is 8 km from the Alaska Highway near Burwash Landing, Yukon Territory. The Company is also in the process of reviewing a number of opportunities in South America.

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.

Distributed by Filing Services Canada and retransmitted by Marketwire

 For further information, please contact:  Michael Sweatman President (604) 684-4312  Jevin Werbes Longview Capital Partners (604) 681-5755  Pacific Coast Nickel Corp. Suite 605 475 Howe Street Vancouver, B.C. V6C 2B3 (604) 684-4312 fax (604) 608-3294  

SOURCE: Pacific Coast Nickel Corp.