USGD.c Shares Positive Drilling Results & Completes Survey American Pacific Mining Corp. (Ticker: USGD.c or USGDF for US investors) is a precious and base metals explorer with flagship assets in the Western U.S., including the Madison Copper-Gold Project in Montana and the Palmer VMS Project in Alaska. The company's portfolio also includes high-grade gold-silver projects in Nevada, and it aims to grow both through exploration and acquisitions.
Earlier this month, American Pacific Mining announced results from its Phase I drilling program at the Madison Copper-Gold Project. The program, consisting of seven drill holes, aims to extend mineralization beyond historical mine workings. The results from the first three holes highlight significant gold and copper mineralization, underscoring the project's potential.
Key Drill Results:
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38.25m of 1.28% copper (Cu) and 1.22 g/t gold (Au), including 7.86m of 2.08% Cu and 2.43 g/t Au
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32.71m of 3.15 g/t Au, including 7.32m of 9.90 g/t Au, and 45.45m of 0.96% Cu, including 16.00m of 2.02% Cu
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17.04m of 1.04 g/t Au, with copper mineralization of 0.43% Cu over 17.37m, including 3.05m at 1.39% Cu
CEO Warwick Smith highlighted the significance of these results, which reveal mineralization beyond previously mined areas and show potential for broader intervals of both gold and copper.
American Pacific Mining also recently completed a 462-line-kilometer radiometric survey at the project.
This survey, which is part of the company’s 2024 exploration program, utilized drone technology with 25-meter spacing, providing valuable data for the identification of potassium anomalies essential to porphyry formation.
The radiometric survey, though more commonly used in uranium exploration, has been adapted here to identify anomalies that could refine the regional exploration focus for Phase III.
Eric Saderholm, Managing Director of Exploration, highlighted how the survey could reveal critical geological data previously hidden through traditional methods, enhancing the company's ability to target potassic alteration and copper-gold porphyry systems on a district scale.
With promising drill results already in hand and the radiometric survey completed, American Pacific is well-positioned to advance its exploration efforts at the Madison Copper-Gold Project.
The company is eagerly awaiting further assay results and survey analysis, which are expected to unlock additional potential and guide future exploration programs aimed at expanding the resource base.
Full press releases here: https://americanpacificmining.com/news
Posted on behalf of American Pacific Mining Corp.