Borroloola West, Northern Territory - Copper/Zinc Joint Venture with Sandfire Resources NL (Pacifico 51% Sandfire 49%)
The Borroloola West Project consists of 12 exploration licences and 1 mining licence (1,817 km2), and lies west and northwest of the world class McArthur River zinc-lead mine and Rox Resources’ recently announced resource at the world class Teena zinc-lead deposit in the Northern Territory. The project area is underlain by the Proterozoic age McArthur Basin, the northern extension of the Mt Isa Basin and host to several world-class sediment hosted massive sulphide (“SHMS”) deposits including the major zinc/lead/silver and copper deposit at Mt Isa and the zinc/lead/silver deposit currently being mined at the McArthur River (HYC) mine just 25km east of the project tenements. The project area also lies 200km SW of the world-class Groote Eylandt manganese mine. The basement rocks, particularly in the northern parts of the tenement block, which are overlain by the same marine Cretaceous units as at Groote with a similar paleogeographic setting and depositional environment. The exploration conducted by Pacifico on the Borroloola West Project has further enhanced the region’s prospectivity for sediment-hosted copper, SHMS base metal mineralisation (zinc, lead and silver), and Groote Eylandt style manganese deposits, with several prospects now defined and ready for drill testing.
Mount Jukes Project, Tasmania – Copper, Gold, Base Metals (Pacifico 15%)