Pacific Mining Resources Corporation is a Mining Company producing magnetite Iron Sand in the Lyete Province of the Philippines. The proposed monthly production is 30, 000 MT and we would be able to export our cargo starting November 2007. The Ore has approximately 60% Fe content and if so desired by the customer, we can grind and increase the Fe content to 64% . Pacific Mining Resources Corporation is a looking for long term contract with end-users. After 6 months of production, we would be increasing our production to 60, 000 MT per month.