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pacifico minerals ltd (PMY) Details

Pacifico Minerals Limited is engaged in the mineral exploration activities. The company primarily explores for zinc, lead, copper, gold, silver, and manganese. Its projects include the Tarso project covering a land area of approximately 1,998 hectares located in south-western Antioquia in the Municipality of Pueblorrico, Colombia; and the Urrao project that consists of 3 granted tenements covering a land area of approximately 2,001 hectares located in the municipality of Urrao and Salgar, Colombia. The company’s projects also comprise Borroloola West project that covers 2,062 square kilometers located in Northern Territory, Australia; Mount Jukes project and Wilson River tenement in Tasmania, Australia; and MT David project located in New South Wales, Australia. It has a strategic alliance with Cliffs Natural Resources Exploration Inc. The company was formerly known as Jaguar Minerals Limited and changed its name to Pacifico Minerals Limited in August 2013. Pacifico Minerals Limited is based in Perth, Australia.

pacifico minerals ltd (PMY) Top Compensated Officers

Managing Director
Total Annual Compensation: A$159.0K
Company Secretary
Total Annual Compensation: A$19.3K
Compensation as of Fiscal Year 2014.

pacifico minerals ltd (PMY) Key Developments

Pacifico Minerals Limited Appoints Mr. Patrick Holywell as an Additional Company Secretary

Pacifico Minerals Limited appointed Mr. Patrick Holywell as an additional company secretary alongside me. Joshua Ward, effective July 1, 2014. Mr. Holywell has worked for the company since it’s transitioned to a Colombian focussed explorer and is also the company’s Group Accountant.

Pacifico Minerals Limited Provides an Update on the Diamond Drilling Campaign at the High Grade Berrio Gold Project

Pacifico Minerals Limited provided an update on the diamond drilling campaign at the high grade Berrio Gold Project which commenced in May 2014. The 9-hole drilling program is designed to test beneath known high grade gold zones. Drill targeting of high grade sections defined during underground channel sampling uses an advanced 3D model containing geochemical results, geophysical sections, and geology and structural observations derived from mapping of underground workings to help guide the drilling program. From its current understanding of the mineralisation at Berrio, there is an apparent tendency for gold values to increase with depth. This concept is being tested now, and initial indications in BE14-002 show a well mineralised zone from 199m to 226m along the drill hole and beneath known mineralisation. Multiple other mineralised zones have been encountered in this drill hole, and other drill holes, indicating continuity from near surface to moderate depths across the property. By using HQ3 triple tube technology, core recovery is high and often reaches 100%. Gold mineralisation at Berrio occurs in Cretaceous shales, siltstones and mudstones and is characterised by zones of massive pyrite to stockwork zones of pyrite and quartz. Other mineral assemblages have been observed and their significance is being evaluated.

Pacifico Minerals Limited Announces Executive Changes

Pacifico Minerals Limited announced that Mr. Joshua Ward has been appointed as Company Secretary. Most recently Mr. Ward was Financial Controller and Company Secretary of Azimuth Resources Limited where he facilitated capital raisings in excess of $45 million and was instrumental in the company's dual listing on the TSX, prior to the company's takeover by Troy Resources Limited. Mr. Ward replaces Mr. Lynton McCreery who has now stepped down from his role as Company Secretary.


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