Pacific American Holdings Limited (ASX:PAK)
Pacific American Holdings Limited is an Australia-based holding company, which invests in Bulk Commodities and Alternate Energy. It operates through two segments: Canada and Australia. Canada segment includes Elko Project. The Elko project provides coking coal, which is a key commodity required in the steel making process. The project is located in the East Kootenay Coal Basin of British Columbia, Canada and covers approximately 8,824 acres over three adjacent tenements. Australia segment is engaged in renewable energy business, Gold Investment and Porphyry North Project. Renewable energy business engaged in supplying and delivering renewable projects in the Australian and South Pacific Regions. It has invested in Salazar’s Porphyry North Gold Project, which is located in Western Australia (WA) located in the Yilgarn area. The Porphyry North gold project lies approximately 15 kilometer north of the Porphyry gold mining center in Western Australia.