ASX code: PXR

Pacific Resources Ltd (ASX:PXR) is a junior energy and resources company focused on high-demand minerals. It's principal projects include:

      • Snowstorm Gold Project (Victoria): A high-grade gold exploration asset, with high-grade gold intersections from drilling by previous project owners. Project is a core exploration focus for the Company.
      • Eastern Victorian Goldfields Project  (Victoria): High-grade gold, base metals and critical minerals Projects in the East Gippsland region of Victoria including "Haunted Stream" & "Dogwood".
      • Sulphide Creek Gold–Antimony Project (Tasmania): located in a prospective gold–antimony district, targeting high-grade vein-hosted gold and antimony mineralisation including Prospects - "Coupon", "Davie" & "Rinadeena".
      • Mersey VMS Base Metals and Gold Project (Tasmania): situated within an active, world-class volcanogenic massive sulphide belt, targeting copper, lead, zinc and associated gold.
      • Blackall Coal Project (Queensland): a thermal coal asset positioned to benefit from commercially viable alternate uses for low calorific thermal coal including coal to liquids technologies.

Pacific Resources is leveraging complementary project types across stable Australian jurisdictions to capitalise on rising demand for critical minerals and energy commodities

Snowstorm Gold Project - Victoria

Snowstorm is a high-grade gold exploration asset acquired by PXR in July 2026, with historic drilling delivering high-grade results.

High Grade Results: Drilling returned assay grades up to 59.2g/t Au, face sampling reached 72.4g/t Au and surface sampling 123g/t Au.

Exploration & Geology: Features 3,262m of total drilling; geology is analogous to nearby Fosterville Gold Mine.

Next Steps: An approved work plan allows a 3,000 tonne bulk sampling programme to increase geological certainty before moving toward a mining lease.

 

Eastern Victorian Goldfields Project - Victoria

Pacific Resources has an option to acquire the Eastern Victorian Goldfield Project.

Key Project Details:

Project Name:  Eastern Victorian Goldfields Project

Location: East Gippsland region of Victoria

Target Minerals: Gold, silver, copper, lead, zinc, rare Earth Elements (REE) , antimony, tungsten & molybdenum

Agreement & Conditions

    • PXR holds an Option to acquire the project
    • Option Expires 19 months starting from 15 December 2025

    Included Granted Licences:

          • Haunted Stream (EL006816)
          • Dogwood (EL006977)
          • Dargo & Snowstorm Extended (EL5422 & EL007335)
          • Dargo High Plains (EL006976)

    Sulphide Creek Gold-Antimony - Tasmania

    • Location: Sulphide Creek Gold-Antimony Project sits in Tasmania's premier Queenstown mining district.
    • Historical Grades: Features 0.5-ounce gold grades and high-grade 60-70% antimony workings.
    • Exploration Model: Focuses on a new orogenic-style gold mineralisation model resembling Fosterville.
    • Gold Targets: Multiple targets span 6km of strike along an under-explored structure. Modern techniques will explore both large gold systems and compelling antimony targets

    Key Target areas:

              • Coupon (Au),
              • Rinadeena (Sb),
              • 24-28 Anomaly (Au),
              • Davie (Au), and
              • Davie PA (Au)

    Mersey VMS - Tasmania

    • Location: Mersey Project (EL6/2021) covers 200km² in NW Tasmania's world-class mining area.
    • Geology: Follows a VMS mineralisation model within the Mt Read Volcanics.
    • Analogs: Shares settings with nearby Hellyer Mine and Rosebery Mine deposits.
    • Strike: Positioned 35km along strike from the historic Hellyer Mine area.
    • Styles: Features shear-hosted Zn-Pb lenses and distal Cu-Au ore zones.
    • Key Targets: include Cathena, Lake Barrington/Staverton, and Lea River Gold.

    Blackall Coal Project - Queensland

    The Blackall Coal Project is located in central Queensland in the Eromanga Basin. Project includes:

    EPC 1993 & EPC 1719

    • 1.275 billion tonnes of thermal coal which includes JORC Inferred Resource and 55m tonnes as an Indicated Resource.
    • Over 800Mt of the resources is estimated at less than 50 metres depth.
    • The company continues to research alternate uses of the coal including coal to liquid technologies.