Pacific Amber Resources Ltd. as of September 2001 company had abandoned all mineral properties and was actively seeking oil & gas interests.

 Pacific Amber Resources Ltd.   PCR   (TSXV)

Paquime Project, Chihuahua. Dropped property as of 17Apr00 when faced with a US$40,000 option payment and US$200,000 work commitment to be completed by November 6, 2000, plus pay the annual mining duties of approximately US$15,000. Under the continuing depressed gold price the directors concluded that the Company should terminate the property agreement and look for more promising opportunities. Basically they shopped it around for a while but found no interested parties given present market conditions.

Press Release 17Apr00

A 3,550 ha. Au-Ag property is in the eastern Mexican Basin and Range Province and is located 170 km SW of El Paso Texas near the city of Nuevo Casas Grandes. Pacific Amber can earn in to a 50% level with JV partner Pandora Industries. Total of 46 line km of IP completed by Peter E. Walcott and Associates of Vancouver, B.C. over a 2.5 by 3.2 km grid found several chargeability and resistivity anomalies. Mapping and soil geochem found an area of intense chalcedonic quartz veining along with barite calcite and MnOx veining in altered basaltic rocks. Consulting geologist Larry Haynes appears to be doing a lot of this work and he has recommended a 3,000 m diamond drilling program. Hishikari, Japan and McLaughlin, CA are being forwarded as exploration models. (The Old Prospector seems to recollect that neither of the above two are hosted in basalts).

GCN #222 3Dec98
GCN #134 14Jul98
GCN #28 10Feb98
GCN #21 30Jan98
GCN #200 17Oct97

La Caja Property, Chihuahua. Option to acquire 50% interest in 9,169 ha property from Pandora Industries (affiliated company). Located next to some Queenstake and Penoles ground some 350 km SW of Chihuahua City and about 60 km SE of Batopilas.

GCN #232 3Dec98