Pacifico Minerals (ASX:PMY) is a resource exploration and development company based in Western Australia. The company's flagship project is the Sorby Hills Joint Venture Project in which it has a 75% stake. Sorby Hills is located 50km from the regional centre of Kununurra. There are existing sealed roads to transport concentrate from site to the facilities at Wyndham Port, a distance of 150km, and established infrastructure allows for fast track production. Henan Yuguang Gold Lead Co. Ltd is the other joint venture partner with a 25% interest in the project. Henan Yuguang is China's largest lead smelting enterprise and the largest silver producer in China. The company's focus is to bring the Sorby Hill Joint Venture Project into production.
The company also has a variety of other non-core assets. This includes the Borroloola West JV project (51% interest in partnership with Sandfire Resources (ASX:SFR) at 49%), Mount Jukes in Tasmania (12% interest) and Colombian Projects prospective for economic Copper-Gold deposits.