pre gold

PRE has expanded its gold portfolio to include the Redcliffe Gold Project located in WA and the Fosterville Regional JV in Victoria. The projects contain major geological structures with the potential to host large gold resources with further exploration. The company is also earning an 80% interest in an Exploration Licence on Manus Island in Papua New Guinea, which has potential for hosting a substantial gold resource. Projects include: Redcliffe Gold Project, Angelo&Grants Creek, Fosterville Regional JV, Blue Dam Gold Project, and Manus Island Gold Project.
Pacrim Energy has a 12.5% free carried interest over oil and gas leases covering approximately 50,000 acres in the Northern Sacramento Basin. As well, PRE holds a 6.36% interest in the Pandora Gas Field offshore in Papua New Guinea, a 35% interest in a permit in the Westland Basin on the South Island of New Zealand and a permit application for a site in the Cooper/Eromanga basin area of southwest Queensland.