• +61 8 6268 0449
  • This email address is being protected from spambots. You need JavaScript enabled to view it.
  • Mon - Fri 8.30 - 5 PM

Pacifico Minerals Limited is advancing a large near-surface lead-silver-zincdeposit in Western Australia.

Pacifico intends to develop a large, near-surface, flat-lying, lead-silver-zinc deposit located 50 km northeast of Kununurra in Western Australia. After completing the acquisition of a 75% interest in the Sorby Hills Project in late 2018, Pacifico carried out a drill program that significantly increased the size and confidence of the global MRE (29.97 Mt of 4.8% Pb equivalent (3.7% Pb, 43 g/t Ag) and 0.6% Zn) and underpinned an updated PFS. The PFS estimated a CAPEX of A$95.4M to develop the mine, with a 16-month payback and a pre-tax NPV8 of A$243M. The PFS only considered resources in the indicated category (10.85 Mt with a grade of 5.1% Pb equivalent (3.9% Pb, 46 g/t Ag) and 0.4% Zn). 

Key Milestones for the Sorby Hills Project

05 Oct 2018

Sorby Hills Project Acquisition

 

24 Oct 2018

Phase I 5,500m Drilling Campaign Commences

24 Oct 2018

3 Dec 2018

Phase I Drilling Completed

23 Mar 2019

Mineral Resource Estimate Upgrade

23 Mar 2019

26 Mar 2019

Updated Pre-Feasibility Study

27 May 2019

Phase II Drilling Campaign Commences

27 May 2019

24 Jul 2019

Phase II Drilling Completed

© 2019 Pacifico Minerals Limited. All Rights Reserved.

Please publish modules in offcanvas position.