American Pacific Mining Corp C.USGD

Alternate Symbol(s): USGDF

American Pacific Mining Corp. is a precious and base metals explorer and developer focused on opportunities in the Western United States. It has two flagship assets: the Palmer Project and the Madison Project. The Palmer Project is a Volcanic Massive Sulfide (VMS) project in Alaska. The Palmer Project is located only 60 kilometers (km) from the deep seaport at Haines, Alaska. The Madison Project is located in the heart of Montana’s prolific copper-gold belt only 38 km southeast of the world-renowned Butte Mining District. The Project consists of approximately 136 unpatented and six patented claims (2,514 acres), accessed via improved dirt roads. Its other projects include Gooseberry, Tuscarora and Red Hill. The Gooseberry Project is located in Storey County, Nevada, United States. The Gooseberry Project includes 42 unpatented claims, totaling over 708 acres. The Red Hill is a sediment-hosted gold project located 24 kilometers southeast of the 12-million-ounce Cortez Hills gold deposit.

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American Pacific Mining Corp

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Post by Thisisfunstuffon Feb 02, 2023 9:07am

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Post# 35261832

Palmer VMS Project

Advancing a high-grade copper-zinc resource
to feasibility with PEA Completed in June 2019*
• 2019 PEA post-tax NPV@7% US$266M
~C$20M market capitalization vs ~C$280M attributable NPV
Defining a multi-deposit district
with exceptional exploration upside
Total project expenditures of ~US$68.7 million
through to end of 2022
JV partnership with Dowa Metals & Mining Alaska Ltd.
and a 5-year plan to feasibility
• US$10.4 million Dowa funded spend in 2022

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Investors eye Australian gold mining projects amid promising developments