Pacifico Minerals (Formerly Jaguar Minerals Ltd) is a public company listed on the Australian Stock Exchange (ASX:PMY), with its head offiice in Australia.
On 19 August 2013 the Company acquired 100% of West Rock Resources Ltd, which has a portfolio of high quality early stage projects in Colombia.
The highly prospective geologic terrenes that host world class copper, gold and silver deposits of the Andean Cordillera extends through Chile, Perú and Ecuador northward through Colombia. Relative to these other Andean countries, Colombia remains under explored.
In addition, West Rock has a Strategic Alliance Agreement with a wholly owned subsidiary of Cliffs Natural Resources Inc.
Under the agreement, Cliffs fund project generation and exploration activities over a two year initial term and which can be extended upon mutual agreement. By funding exploration and a pre-feasability Cliffs can earn up to 80% interest in projects developed as Joint Ventures by the Alliance. Exploration will be focused on the Asia-Pacific region, particularly Central and South East Asia and Australia.
In July 2013 Alliance had signed a binding agreement with Sandfire Resources NL (“Sandfire”) to acquire up to an 80% interest in the Borroloola West Project located in the Northern Territory covering 2,062 km2