What makes the American Pacific properties so compelling? - Large >$14M treasury means the company does not have to go to market to raise capital in the near-term to fund exploration programs.
- Large exploration and drilling programs underway and planned for 2022, making for a catalyst driven second half of 2022, including drilling results from Tuscarora, Phase II drill program at Gooseberry, geophysics and target definition at South Lida and exploration program outline at Madison.
- Excellent operating partner on the Madison project in Rio Tinto, with American Pacific free carried until Rio Tinto spends US$30M to earn 70%.
- Each project is high-grade and located in some of the world’s top mining districts within the western US: Montana and Nevada.
TheGoldAdvisor comment: Multiple high-grade projects with clear geological showings, any one of which could be a company-maker. Compelling, indeed.