Pacific rim mining is a gold mining company located in Canada. Small to mid size company. They have recently purchased old mines located in Latin America which have been tested and should yield large deposit of gold and silver. Could be a sleeper investment.
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
http://www.ceoclips.com/media/pacrim_300.asx
@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@@
=======================================================================
Re: News Release - Tuesday, March 06, 2007
Pacific Rim Mining's High Grade Balsamo Gold Discovery Continues
to Grow
=======================================================================
PMU News Release #07-02
Exploration drilling at Pacific Rim Mining Corp.'s ("Pacific Rim" or
"the Company") El Dorado gold project in El Salvador has yielded
further bonanza gold grades and expanded the dimensions of the recently
discovered Balsamo gold zone, where drill hole P06-522 intersected 32.3
g/t gold over 3.9 meters. A complete list of the most recent drill
results is provided below.
The Balsamo discovery has quickly evolved into an exciting and
potentially significant new gold zone, owing to its high grade, wide
vein widths, growing dimension and proximity to planned infrastructure.
With the latest results presented below, the Balsamo zone has now been
intersected over a strike length of 250 meters and a vertical range of
over 150 meters and remains open along strike and to depth. Four
drills are being employed at Balsamo to expand the gold zone as quickly
as possible. A fifth drill rig is being mobilized.
Balsamo has the potential to significantly increase the high grade gold
resource at El Dorado and enhance the project's economic landscape.
The Company has therefore deferred its El Dorado feasibility study in
order to realize the economic benefit of the Balsamo deposit. The
underground access tunnel will take a year and a half to complete, once
permits are in hand, providing the Company ample time to determine the
economic impact of the Balsamo deposit in parallel with development.
"The high grade Balsamo discovery is the most exciting thing to happen
to the El Dorado project since the discovery of Minita," says Tom
Shrake, President and CEO of Pacific Rim. "The Balsamo vein represents
a new gold-enriched structure similar to the prolific Minita structure
where the bulk of the El Dorado resources and reserves occur, and has
the potential, like Minita, to host multiple deposits. The Balsamo
deposit will potentially increase production levels at the proposed El
Dorado operation without substantially delaying the development of the
property. All of the Company's resources are focused on the
advancement and inclusion of this exciting discovery."
)))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))
Readers are directed to the Company's website www.pacrim-mining.com and
SEDAR filings www.sedar.com for complete drill results from the El
Dorado project, details of the El Dorado resource and reserve
calculations, and complete National Instrument 43-101 disclosure.
About Pacific Rim Mining Corp.
Pacific Rim is a growth-oriented, revenue-generating, environmentally
and socially responsible gold exploration company with operational and
exploration assets in North, Central and South America. The Company is
expanding and developing its advanced-stage, high grade El Dorado gold
project in El Salvador and is actively exploring a pipeline of
grassroots gold projects. Pacific Rim's goal is to become a low cost,
intermediate level gold producer.
On behalf of the board of directors,
"Thomas C. Shrake"
Thomas C. Shrake
President and CEO
NI 43-101 Disclosure
Pacific Rim's exploration work on the El Dorado project is supervised
by William Gehlen a Certified Professional Geologist with the AIPG (No.
10626), an employee of Pacific Rim and a Qualified Person as defined in
NI 43-101. Mr. Gehlen has verified that the results presented above
have been accurately summarized from the official assay certificates
provided to the Company. Pacific Rim's sampling procedures follow the
Exploration Best Practices Guidelines outlined by the Mining Standards
Task Force and adopted by The Toronto Stock Exchange. Samples have
been assayed using fire assay with a gravimetric finish on a 30-gram
split. Quality control measures, including check- and sample
standard-assaying, are being implemented. Samples were assayed by
Inspectorate America Corporation in Reno, Nevada USA, an ISO 9002
certified laboratory, independent of Pacific Rim Mining Corp.
The July 2006 El Dorado resource estimate was prepared by Mr. Steve
Ristorcelli, P.Geo. of Mine Develoment Associates, Reno, Nevada. Mr.
Ristorcelli is an independent Qualified Person as defined in NI 43-101.
The resource estimate conforms to current CIM Standards on Mineral
Resources and Reserves. A technical report in support of the updated
El Dorado resource estimate presented above was filed with SEDAR on
July 31, 2006. The report was co-authored by Mr. Steve Ristorcelli,
P.Geo. and Mr. Peter Ronning, P.Eng., each of whom are independent
Qualified Persons as defined in NI 43-101.
The January 2005 El Dorado pre-feasibility study is supported by a
technical report prepared for Pacific Rim Mining Corp. by SRK
Consulting (US) Inc. of Denver Colorado, entitled "Pre-Feasibility
Study, El Dorado Project, El Salvador", dated January 21, 2005 and
publicly available on SEDAR (www.sedar.com). The primary author of the
report is Mr. William F. Tanaka, a Qualified Person independent of
Pacific Rim, as defined in NI 43-101. Mr. Tanaka is a member of the
Society of Mining Engineers (SME) and the Australasian Institute of
Mining and Metallurgy (mAUSIMM).
Cautionary Note Regarding Forward-Looking Information
Information set forth in this document includes forward-looking
statements. By their nature, forward-looking statements are subject to
numerous risks and uncertainties, some of which are beyond Pacific
Rim's control, including but not limited to: the timeframe and outcome
of delineation of the Balsamo discovery and its potential impact on the
El Dorado project; the eventual scope of the El Dorado feasibility
study; the timeframe for completion of the El Dorado feasibility study;
anticipated drilling plans for the El Dorado project; the nature of
future results and potential for new discoveries at the El Dorado
project; statements of the Minita deposit's economic potential; the
timing and nature of economic analyses at the El Dorado project; the
execution and outcome of current or future exploration activities;
significant fluctuations in metal prices; general market and industry
conditions; and other factors detailed in the Company's filings with
Canadian regulatory agencies and the U.S. Securities and Exchange
Commission.
Readers are cautioned that the assumptions used in the preparation of
such information, although considered reasonable at the time of
preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. Pacific Rim's
actual results, programs and financial position could differ materially
from those expressed in or implied by these forward-looking statements.
Cautionary Note to U.S. Investors - The United States Securities and
Exchange Commission permits U.S. mining companies, in their filings
with the SEC, to disclose only those mineral deposits that a company
can economically and legally extract or produce. This news release may
include such terms as "measured," "indicated," and "inferred"
"resources" that the SEC guidelines strictly prohibit U.S. registered
companies from including in their filings with the SEC. U.S. Investors
are urged to consider closely the disclosure in our Form 20-F, File No.
001-31328, which may be secured from us, or from the SEC's website at
www.sec.gov/edgar.shtml.
The TSX and the AMEX have neither reviewed nor accept responsibility
for the adequacy or accuracy of this release.
View News Release in PDF Format:
http://www.pacrim-mining.com/i/pdf/2007-03-06_NR.pdf
29 KB in size, approx. 6 seconds to download at 56.6Kbps
=======================================================================
Copyright (c) 2007 PACIFIC RIM MINING CORP. (PMU) All rights reserved.
For more information visit our website at
http://www.pacrim-mining.com/ or send mailto:info@pacrim-mining.com
Message sent on Tue Mar 6, 2007 at 7:41:21 AM Pacific Time
=======================================================================
--------------------------------------------------------------------------------
Re: 2006 News Releases - Wednesday, November 15, 2006
Title: *New Gold Zone Discovered at El Dorado Gold Project
--------------------------------------------------------------------------------
PMU News Release #06-22
Exploration drilling at Pacific Rim Mining Corp.'s ("Pacific Rim" or "the Company") El Dorado gold project in El Salvador continues to pay off with the discovery of new gold mineralization in and around the core Minita - South Minita area. On the heels of the Los Jobos vein discovery and Deep Minita zone announced in September (see news release # 06-17 dated September 11, 2006) Pacific Rim has discovered a third new gold mineralized zone in the Balsamo vein further highlighting the potential for a district sized epithermal gold system at El Dorado.
Highlights from the latest drill assay results include 47.4 g/t gold over 1.5 m in the Los Jobos vein and 11.6 g/t gold over 4.3 m, including 36.4 g/t gold over 1.0 m in the Balsamo vein.
The Los Jobos vein is a N-NE striking vein that splays off the main Minita structure. The newly discovered Los Jobos gold zone is roughly 800 meters north of the Minita gold deposit. As defined to date by high grade gold in both surface samples and drill core, the Los Jobos mineralized zone has been traced over a strike length of roughly 250 meters and remains open for further expansion. The Balsamo vein runs parallel to the main Minita structure and is roughly 500 metres east of the South Minita gold deposit.
The Los Jobos, Balsamo and Deep Minita zones offer the potential to expand the El Dorado resource, which currently stands at 1.2 million gold equivalent ounces in the measured and indicated category, of which 535,000 ounces in the Minita deposit are in the proven and probable reserve category. Furthermore, the new zones are near enough to the core Minita-South Minita area to be accessible to the proposed underground operation being contemplated in the ongoing El Dorado feasibility study. Readers are directed to the Company's website www.pacrim-mining.com and SEDAR filings www.sedar.com for details of the El Dorado resource and reserve calculations, and complete National Instrument 43-101 disclosure).
"Our long-held expectations for the El Dorado project are proving to be well-founded," states Tom Shrake, President & CEO. "The El Dorado epithermal district is very large, with high grade gold in veins at surface and below ground spanning an area roughly 13 km by 4 km. In the portion of this area we have drill tested so far we have built a sizable resource and reserve and are now making new discoveries that have the potential to add ounces. Many high quality targets remain to be drilled and we are very excited to continue on this path of discovery at El Dorado."
____________________________________________________________
Upcoming Plans
Exploration drilling in the core Minita-South Minita area will continue with an emphasis on further delineating the new discoveries in the Los Jobos, Balsamo and Deep Minita mineralized zones. The El Dorado feasibility study is progressing, and the Company continues to await granting of drill permits for the South El Dorado claims in order to test the Hacienda, Gallardo, Minita vein extension and Nance Dulce targets. At the nearby bonanza Santa Rita gold project, a Phase 1 drill program is now underway. Results from Santa Rita and the ongoing El Dorado exploration drill program will continue to be released intermittently as generated.
About Pacific Rim Mining Corp.
Pacific Rim is a growth-oriented, revenue-generating, environmentally and socially responsible gold exploration company with operational and exploration assets in North, Central and South America. The Company is expanding and developing its advanced-stage, high grade El Dorado gold project in El Salvador and is actively exploring a pipeline of grassroots gold projects. Pacific Rim's goal is to become a low cost, intermediate level gold producer.
On behalf of the board of directors,
"Thomas C. Shrake"
Thomas C. Shrake
President and CEO
For further information call
Toll Free: 1-888-775-7097 or
(604) 689-1976, or visit www.pacrim-mining.com
NI 43-101 Disclosure
Pacific Rim's exploration work on the El Dorado project is supervised by William Gehlen a Certified Professional Geologist with the AIPG (No. 10626), an employee of Pacific Rim and a Qualified Person as defined in NI 43-101. Mr. Gehlen has verified that the results presented above have been accurately summarized from the official assay certificates provided to the Company. Pacific Rim's sampling procedures follow the Exploration Best Practices Guidelines outlined by the Mining Standards Task Force and adopted by The Toronto Stock Exchange. Samples have been assayed using fire assay with a gravimetric finish on a 30-gram split. Quality control measures, including check- and sample standard-assaying, are being implemented. Samples were assayed by Inspectorate America Corporation in Reno, Nevada USA, an ISO 9002 certified laboratory, independent of Pacific Rim Mining Corp.
The July 2006 El Dorado resource estimate was prepared by Mr. Steve Ristorcelli, P.Geo. of Mine Develoment Associates, Reno, Nevada. Mr. Ristorcelli is an independent Qualified Person as defined in NI 43-101. The resource estimate conforms to current CIM Standards on Mineral Resources and Reserves. A technical report in support of the updated El Dorado resource estimate presented above was filed with SEDAR on July 31, 2006. The report was co-authored by Mr. Steve Ristorcelli, P.Geo. and Mr. Peter Ronning, P.Eng., each of whom are independent Qualified Persons as defined in NI 43-101.
The January 2005 El Dorado pre-feasibility study is supported by a technical report prepared for Pacific Rim Mining Corp. by SRK Consulting (US) Inc. of Denver Colorado, entitled "Pre-Feasibility Study, El Dorado Project, El Salvador", dated January 21, 2005 and publicly available on SEDAR (www.sedar.com). The primary author of the report is Mr. William F. Tanaka, a Qualified Person independent of Pacific Rim, as defined in NI 43-101. Mr. Tanaka is a member of the Society of Mining Engineers (SME) and the Australasian Institute of Mining and Metallurgy (mAUSIMM).
Cautionary Note Regarding Forward-Looking Information
Information set forth in this document includes forward-looking statements. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Pacific Rim's control, including but not limited to: anticipated drilling plans for the El Dorado project; the nature of future results and potential for new discoveries at the El Dorado project; the eventuality and timing of receipt of drilling permits for the south El Dorado claims; statements of the Minita deposit's economic potential; the timing and nature of economic analyses at the El Dorado project; the execution and outcome of current or future exploration activities; significant fluctuations in metal prices; general market and industry conditions; and other factors detailed in the Company's filings with Canadian regulatory agencies and the U.S. Securities and Exchange Commission.
Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Pacific Rim's actual results, programs and financial position could differ materially from those expressed in or implied by these forward-looking statements.
Cautionary Note to U.S. Investors - The United States Securities and Exchange Commission permits U.S. mining companies, in their filings with the SEC, to disclose only those mineral deposits that a company can economically and legally extract or produce. This news release may include such terms as "measured," "indicated," and "inferred" "resources" that the SEC guidelines strictly prohibit U.S. registered companies from including in their filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No. 001-31328, which may be secured from us, or from the SEC's website at www.sec.gov/edgar.shtml.
The TSX and the AMEX have neither reviewed nor accept responsibility for the adequacy or accuracy of this release.
--------------------------------------------------------------------------------
Copyright © 2006 PACIFIC RIM MINING CORP. (PMU) All rights reserved. For more information visit our website at
http://www.pacrim-mining.com/ or send email to info@pacrim-mining.com .
Message sent on Wed Nov 15, 2006 at 9:04:51 AM Pacific Time
--------------------------------------------------------------------------------
*****************************************************************
Mon Sep 12, 2005
High Grade Gold Vein Discovered at Santa Rita Project
--------------------------------------------------------------------------------
PMU News Release #05-15
TSX, AMEX Symbol PMU
September 12, 2005
HIGH GRADE GOLD VEIN DISCOVERED AT SANTA RITA PROJECT
Surface rock sampling at Pacific Rim Mining Corp.'s ("Pacific Rim" or "the Company") new Santa Rita gold project has yielded high grade gold along a portion of the Trinidad vein, one of two known vein structures on the project. The Santa Rita gold project is located approximately 10 km northwest of Pacific Rim's flagship advanced-stage El Dorado gold project in El Salvador.
The Trinidad vein has to date been traced over a distance of 1400 meters in a northwest -- southeast direction. Seven rock samples collected across the Trinidad vein over a 500 meter strike length at the southern end of its exposure yielded the following results: 6.43 g/t gold over 1.5 meters; 14.59 g/t gold over 1.0 meter; 25.76 g/t gold over 1.5 meters; 118.29 g/t gold over 1.5 meters; 32.67 g/t gold over 0.5 meters; 12.64 g/t gold over 2.0 meters; and 59.52 g/t gold over 1.5 meters. The northernmost 900 meters as well as a 200-meter segment of the vein within the southern high-grade area (where it crosses a hill) are likely above the productive interval of the Santa Rita epithermal system but surface sampling results yielded assays up to 5 g/t gold over similar vein widths.
Pacific Rim is in the process of completing a baseline environmental assessment of the Santa Rita project and will apply for permits to drill test this exciting gold discovery shortly.
Tom Shrake, CEO states "We are extremely pleased with the results generated from Santa Rita to date and are anxious to drill test this system once the permits are in hand. Our exploration team made the Santa Rita discovery by applying its understanding of critical geological relationships at the Company's nearby high grade, low-cost El Dorado gold project to its El Salvador project reconnaissance program. We are optimistic that with the unique knowledge we have developed, we can find other unknown epithermal systems in the region."
NI 43-101 Disclosure
Mr. David Ernst, Chief Geologist, supervises Pacific Rim's project generation initiatives. Mr. Ernst is a professional geologist licensed by the State of Washington, an employee of Pacific Rim Mining Corp. and a Qualified Person as defined in National Instrument 43-101. Mr. Ernst has verified that the assay results presented above have been accurately summarized from the official assay certificates provided to the Company. Pacific Rim's sampling procedures follow the Exploration Best Practices Guidelines outlined by the Mining Standards Task Force and adopted by The Toronto Stock Exchange. Samples have been analyzed using fire assay with a gravimetric finish on a 30-gram split. Quality control measures, including check- and sample standard-assaying, are being implemented. Samples were assayed by Inspectorate America Corporation in Reno, Nevada USA, an ISO 9002 certified laboratory, independent of Pacific Rim Mining Corp.
News 
Market Data 
Discover 
