RE:Commencement of a Sampling Program CSE: USGD VANCOUVER, British Columbia, March 29, 2022 (GLOBE NEWSWIRE) -- American Pacific Mining Corp(USGDF) (“American Pacific” or the “Company”) is pleased to announce that a sampling program is now underway at its Gooseberry Silver Project in Nevada. The program will cover American Pacific’s entire land position (approximately 827 acres) and the data will be used to refine high priority targets ahead of an anticipated CAD $2.5 million drill program for later this year.
A total of 4,161 soil samples are planned, of which 536 have already been collected and submitted to the labs for assay from the Strawberry Target (see Figure 1). Individual soil samples comprise between 500 and 1,100 grams of surficial material (soil), generally collected at a depth of 25 to 51 centimetres.
“This well-organized soil geochemical program will provide important vectors for the type of vein system we have at Gooseberry,” stated American Pacific President, Eric Saderholm. “The alteration in this epithermal deposit is broadcast over most of the property controlled by American Pacific and no previous systematic geochemical work has been done on the property. We discovered the presence of a parallel vein during Phase I drilling in late 2021 and this is the logical and essential next step to help identify next targets for the Phase II drilling planned during second half of 2022. We have identified parallel alteration features through initial mapping and property assessment and this sampling program will further refine our future drilling programs. We are also pleased to announce that we have consulted with an industry-respected geophysicist and have planned a CSAMT survey, a proven tool for identifying alteration associated with similar gold/silver vein systems throughout the world, for Gooseberry in Q2 of this year.”
Figure 1. Gooseberry Soil Collection Plan Map is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1d975c53-2ebb-458e-b3cc-68691ef587d3
The objective of this surface sampling program is to identify zones of anomalous silver and trace elements for additional drill targeting following a successful 2021 drill program, which identified multiple mineralized veins, where only one was previously known to exist (see news release dated February 28, 2022). The southern zone of the American Pacific claim set at the Strawberry Target has substantial alteration in outcropping Andesite.