Pacific Rim was formed in 1987 and has undergone several significant corporate changes since its incorporation. In 1996, Catherine McLeod-Seltzer and Tom Shrake took over management of the Company and focused its goals on the exploration and discovery of precious metal deposits in Central and South America. Both Ms. McLeod-Seltzer and Mr. Shrake had recently completed extremely successful takeovers of Arequipa Resources and Gibralter Mines respectively.

During 2001, this team sensed a paradigm shift in the gold industry, where the market is now rewarding those companies that are highly profitable with extraordinary multiples. This differs from the past when companies were primarily valued based on the total number of ounces produced. The strategy for Pacific Rim has been tailored to reflect this shift and the Company is now specifically focused on discovering high-grade, underground gold deposits that have both low operating and low capital costs. Pacific Rim management believes that success in this goal will lead to profitability, market attention and significant reward for shareholders.

In the pursuit of its goals, Pacific Rim merged with Dayton Mining Corporation in April, 2002. Pacific Rim is the surviving corporate entity. Dayton Mining was an international mineral resource company with two significant assets, including the El Dorado gold project in El Salvador -- a project that Pacific Rim believes has the potential to meet its strategic criteria. Dayton additionally brought to the merger its 49% interest in the Denton-Rawhide gold mine in Nevada, the Andacollo gold mine in Chile, which has ceased operating and is currently undergoing reclamation, and approximately US $2 million in cash. In addition to its management and exploration expertise, Pacific Rim contributed to the merged company the US $3.4 million generated from its sale of the Diablillos project.

Pacific Rim continues to be managed by Catherine McLeod-Seltzer as President and Tom Shrake as CEO. The new board of directors includes, in addition to Tom and Catherine, William Myckatyn as Chairman, and Tony Petrina, Bob Buchan, David Fagin and Paul Sweeney as directors. This is a highly-regarded group of senior, seasoned professionals; people who have found deposits, built mines and created wealth for shareholders. They reflect Pacific Rim's position in the mining industry and, along with management and employees, are extremely dedicated to the success of the Company.
Corporate Profile
Pacific Rim's contact and share information.
Management
Brief resumes for Pacific Rim's Board of Directors.