RBC Analysts Bullish on Copper & Gold Heading into Q4 RBC Capital Markets analysts are bullish on copper and gold heading into Q4 2024, expecting copper prices to recover, driven by economic stimulus in China, rate cuts, and supply constraints, projecting prices to rise to $4.50 per pound by 2025 and potentially $5 per pound by 2026-2028. Gold is expected to benefit from margin expansion and improved seasonal volumes, with undervalued gold equities offering potential. (Source: https://www.paidpromotionalmessages.com/companies/news/1057566/charbone-hydrogen-partners-with-enki-geosolutions-to-advance-white-hydrogen-expansion-1057566.html)
Poised to benefit from the bullish sentiment surrounding both copper and gold, American Pacific Mining (USGD.c USGDF) recently reported impressive results, highlighting the high mineralization potential of its Madison Project in Montana with underground sampling yielded grades of up to 45.50% copper and 2.17 g/t gold, along with 31.00% copper and 8.40 g/t gold.
These samples were taken from old mine workings using channel sampling for precision and confirm the rich mineralization at Madison.
Ongoing regional sampling and mapping aim to refine future exploration efforts, with an updated 3D model and Phase II exploration plan expected in Q4 2024.
The project holds significant potential due to past selective mining, presenting new opportunities for copper and gold exploration.
Full News Release: https://americanpacificmining.com/news-releases-2024/american-pacific-samples-up-to-45-5-copper-from-underground-workings/
Posted on Behalf of American Pacific Mining Corp.