PMH 0.00% 26.0¢ pacmag metals limited

surrounding canadian explorers

  1. 810 Posts.
    Was doing a tad of reading this morning. Telkwa have taken on a new position in Yerrington which they consider to be another significant resource neighbouring AM. Anyway a couple of references to PMH here. (Check out the Top 4 Porphory's just to see strong our "commanding land position" really is! :)

    "The Yerington Story - The "Big Four" Porphyries

    The Yerington district exhibits multiple porphyry copper deposits associated with a complex swarm of Jurassic-aged igneous intrusions.

    The "Big Four" deposits are;

    1. Yerington Mine, 162 Mt @ 0.55% Cu (Closed 1978 - historic production)

    2. Ann Mason deposit, 810 Mt @ 0.4% Cu (JORC - inferred resource - 2006)

    3. MacArthur Mine, 29 Mt @ 0.28 incl. 13 Mt @ 0.44% Cu (historic oxide resource)

    4. Bear-Lagomarsino deposits, >500 Mt @ 0.4% Cu (historic resource)"

    Quaterra have effective of 1/5/08 got approvals for the acquisition of the old MacArthur and Yerrington Mine's. Bear is from all I can see, still in wraps. We are so significantly more progressed and undervalued compared to the likes of other players in the area (e.g. Quaterra and Nevada)! I dream about the resource upgrade bringing us up to the 1b mark these days!

    If you wanna have a bit more of a read, the link is below (with some reference to the area overall) and there is more on the Telkwa site.

    http://www.newswire.ca/en/releases/archive/May2008/05/c4883.html


    Oh ya n it looks like PMH also had some displays at the Mining Explorers and Investors show in Canada a couple of months back. (ref session B)

    http://www.pdac.ca/pdac/conv/2008/exhibitors-core-shack.html

    Have a good holiday all. DL

 
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