logo-loader
viewPacific American Holdings Ltd

Pacific American Coal's Elko Coking Coal Project 'looking really exciting at the moment'

Pacific American Coal Ltd (ASX:PAK) IR general manager Simon Klimt updates Proactive Investors, just ahead of the start of an 8,000 meter drill program at its flagship Elko Coking Coal Project in British Columbia, Canada.

Klimt explains that the fully-funded campaign has "the ultimate goal of getting both some core out, so we can have commercial discussions with potential partners; as well as heading us towards reserves."

"We are fully funded, which is really good for an exploration company. We're going to be fully funded for this project, and we've got cash in the bank to look at other opportunities, which we're actively pursuing at the moment," says Klimt.

Quick facts: Pacific American Holdings Ltd

Price: 0.012 AUD

ASX:PAK
Market: ASX
Market Cap: $3.33 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Pacific American Holdings Ltd named herein, including the promotion by the Company of Pacific American Holdings Ltd in any Content on the Site,...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Seneca Global Income & Growth's David Thomas reckons there's much more NAV...

Seneca Global Income & Growth Trust PLC's (LON:SIGT) David Thomas tells Proactive London's Andrew Scott it's a multi-asset trust and, unusually in the space, he says they're value-investors. ''At the moment we've got around 60% equities of which over half is in the UK'', he says. ''In the UK...

2 hours, 40 minutes ago

2 min read