
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:
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- 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.
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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
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- PXR holds an Option to acquire the project
- Option Expires 19 months starting from 15 December 2025
Included Granted Licences:
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- Haunted Stream (EL006816)
- Dogwood (EL006977)
- Dargo & Snowstorm Extended (EL5422 & EL007335)
- Dargo High Plains (EL006976)
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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:
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- Coupon (Au),
- Rinadeena (Sb),
- 24-28 Anomaly (Au),
- Davie (Au), and
- Davie PA (Au)
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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.





