Pacific Coast Energy and Minerals, LLC (PCM) holdings cover the largest known set of magnetite iron ore, copper, molybdenum, silver, and gold bodies in Mexico.
PCM is focused on developing its Jalisco, Michoacan and Guerrero Deposits. PCM is currently negotiating joint venture offers with various large publicly and privately held Companies, as well as government held Corporations, Chinese and Southeast Asia trading companies and steel mills.
PCM is a holding company with an economic and ownership interest in the mineral resources with an experienced top level executive management team.
Earn-in agreements provide our partners options to acquire up to a 49% equity interest in Pacific Coast Minerals Jalisco, Michoacan and Guerrero mineral deposits and to explore and develop, operate and construct projects. Partners will assume responsibility for raising financing and managing the completion of feasibility studies.
Once exploration and feasibility studies are completed, the agreement provides for formation of a joint venture, for which the Partners will be responsible for the financing, design, building and operation of a mine and plant producing at several million tons per year of iron ore lumps, concentrate, fines and pellets. The agreement is subject to several conditions based on operational milestones being achieved.
PCM deposits are located in the States of Jalisco, Colima, Michoacan, Guerrero, and Sonora.
Pacific Coast Energy and Minerals advantages include:
-Close to naturally deep tidewater ports in Manzanillo and Lazaro Cardenas Mexico
-23 to 25 days sailing time to China and Europe and 28 to 32 days to Southeast Asia
-Lowest production to port cost in the World
-Excellent logistics cost structure
-365 day shipping window
-Contract for sales expedited for Indian, Chinese and Southeast Asia Clients
-Secure land title
-Long life resources and reserves-over 1.3 million hectares of resources owned and/or leased