PACIFIC COAST NICKEL ANNOUNCES DRILL RESULTS FROM BURWASH SUMMER 2008 EXPLORATION

Vancouver, BC, November 19, 2008 - Pacific Coast Nickel Corp. is pleased to announce that it has received results of the 2008 exploration program on its Burwash property, consisting of 466 metres of diamond drilling in five holes. Significant assay results are tabulated below:

The Burwash property, located 8 kilometres by an all weather road from the Alaska Highway in south western Yukon, hosts nickel-copper-platinum group element (PGE) mineralization related to intrusions of the Late Triassic Kluane Mafic-Ultramafic Suite that were emplaced during a period of uplift and extension related to widespread basaltic volcanism. The property overlies the east half of the Quill Creek Mafic-Ultramafic Complex, a 20 km long multiphase sill-like intrusion that attains a maximum thickness of over 1 km. The Complex also hosts a number of other nickel-copper-PGE occurrences, the most significant and best explored of which is the former Wellgreen Mine, located immediately west of the Burwash property.

Doug Eaton, President and CEO of Strategic Metals Ltd. noted, "We are encouraged by the 2008 drill intersections of the Main Sill which, while relatively low grade, are very similar in tenor and style to the mineralized envelope above the Wellgreen deposit. The last hole, which was terminated prematurely by bad weather, bottomed in net textured, disseminated sulphides characteristic of the Wellgreen deposit. This area of the Main Sill, which is characterized by very strong copper and nickel soil geochemical anomalies, remains the best exploration target on the Burwash Property."

Michael Sweatman President of Pacific Coast Nickel noted "We are similarly encouraged by the results and will be working with Strategic and our geological consultants, Archer Cathro over the next several months to determine a program for next summer. We recognize that the current financial turmoil will be a significant determinant of the extent of that program."

Under terms of a May 2008, option agreement, Pacific Coast has the right to initially earn a 50% interest in the property by making cash payments totalling $125,000, issuing 350,000 of Pacific Coast common shares to Strategic and incurring work expenditures totalling $3,000,000 by December 1, 2010. Pacific Coast can earn an additional 10% (for a total of 60%) by providing Strategic with a positive bankable feasibility study on or before March 31, 2013. In order for Pacific Coast to earn a final 15% (for a total of 75%), it must provide all of the funding required to put the property into commercial production on or before March 31, 2016.

Pacific Coast Nickel currently has cash on hand and intends to moderate expenses to preserve that cash over the coming months. This will include a review of all proposed expenses to ensure that maximum benefit is derived from any cash expenditures.

All analyses referred to in this news release were performed at ALS Chemex in North Vancouver, BC. The samples were collected and handled in ways that ensure security, including chain of custody procedures. Blank samples were randomly included in every batch of 20 core samples. Each sample was analyzed for platinum, palladium, gold and 33 other elements. Platinum, palladium and gold analyses involved fire assay followed by mass spectrometry (PGM-MS23). Analysis for a multi-element package was done on a four acid "near total" digestion by inductively coupled plasma combined with either mass spectroscopy or atomic emission spectroscopy (ME-ICP61).

The technical information in this news release has been reviewed by Robert C. Carne, M.Sc., P.Geo., a qualified person for the purpose of National Instrument 43-101.

For further information please contact Michael Sweatman, President, 604-684-4312.

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