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Pacific Resources Initiates Option Period for Strategic Goldfield Acquisition

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Pacific Resources Initiates Option Period for Strategic Goldfield Acquisition

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AustChina Holdings Limited ( (AU:PXR) ) just unveiled an update.

Pacific Resources Limited has commenced a 19-month exclusive option period to acquire the Eastern Victorian Goldfield Project from First Au Ltd, following the successful renewal of the Haunted Stream licence. This acquisition is seen as a strategic addition to Pacific Resources’ existing portfolio, which includes projects in Tasmania and Queensland, and is expected to enhance the company’s position in the exploration of gold, silver, base metals, and critical minerals.

More about AustChina Holdings Limited

Pacific Resources Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in projects related to gold, base metals, and critical minerals, with a market focus on expanding its project portfolio in strategic locations.

Current Market Cap: A$7.05M

See more data about PXR stock on TipRanks’ Stock Analysis page.

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