PRE 0.00% 6.0¢ pacrim energy limited

? Pacrim announced that Newcrest PNG Exploration Limited, a...

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    ? Pacrim announced that Newcrest PNG Exploration Limited, a subsidiary of Newcrest Mining
    Limited (Newcrest), advised of commencement of a comprehensive aerial geophysical
    survey over the Manus Island copper/gold project.
    ? Newcrest also advised that soil sampling has re-confirmed the previously identified ?Kisi?
    gold anomaly but also defined a coherent, +500 ppb Au anomaly over an east ? west
    extended 1.4km by 200m wide zone where the highest soil sample gold result was
    12.7g/t Au.
    ? The Kelly prospect at Redcliffe Project yielded higher grade gold intervals including,
    10m @ 4.91g/t, 2m @ 11.1g/t, 4m @ 16.2g/t, 9m @ 2.84g/t, and 6m @ 2.77g/t, as
    reported last quarter. They are considered likely to represent higher grade gold zones and
    they remain open to the north.
    ? A Programme of Work has been formulated and lodged with the Department of Mines and
    Petroleum, WA to seek authorisation of follow up RC drilling and a drilling contractor has
    been engaged and is scheduled to start in August 2011.
 
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