Gradich on USGD's Latest Assay ResultsInsightful interview from Peter Grandich with American Pacific Mining's (USGD.c USGDF) CEO Warwick Smith and Eric Saderholm, USGD's Head of Exploration regarding the company's latest assay results from the first three holes of its seven-hole Phase I drill program at the Madison Copper-Gold Project:
https://www.youtube.com/watch?v=S1OASufUZvk Aiming to extend mineralization near historical mine workings and demonstrating significant copper and gold mineralization beyond previously mined areas, highlights from the interview and assay results include:
- The project has drilled significant results, such as 38 meters of 2.34% copper equivalent and 32 meters of 3.15 g/t gold.
- Drilling has confirmed a 3-kilometer strike length with high-grade results and potential for both copper and gold.
- Use of innovative techniques like a radiometric survey to identify new drill targets based on unique geological features like uranium.
- Plans for continued exploration, with phase two and phase three drilling programs, and eventually developing a feasibility study.
- Fully funded for phase two
- Expect more drill results soon, with ongoing permitting and exploration continuing into early 2025.
Overall, the company is optimistic about the project's potential as these results highlight broader-than-expected intervals of mineralization, suggesting potential for significant mineralization left behind by historical mining operations.
Full News Release:
https://americanpacificmining.com/news-releases-2024/american-pacific-reports-results-from-first-drill-holes-at-madison/ Posted on Behalf of American Pacific Mining Corp.