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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.


CSE:USGD - Post by User

Post by MarketMakersson Oct 04, 2024 4:02pm
56 Views
Post# 36253833

Everything You Need to Know About VMS Deposits

Everything You Need to Know About VMS Deposits

Everything You Need to Know About VMS Deposits and Why They Are Rich Sources of Essential Metals: https://www.visualcapitalist.com/everything-you-need-to-know-on-vms-deposits/?utm_source=twitter&utm_medium=social&utm_content=ap_dmfzqsqxrs

 

Volcanogenic Massive Sulphide (VMS) deposits are rich sources of essential metals like copper, zinc, and lead, as well as byproducts such as gold and silver. These deposits, formed by natural volcanic processes on the ocean floor over millions of years, account for a significant portion of global metal production—22% of zinc, 9.7% of lead, and 6% of copper, among others.

 

VMS deposits are often found along tectonic plate boundaries and are created through the interaction of magma and super-heated seawater. These deposits, once formed underwater, can later be discovered on land due to tectonic shifts. Notable VMS deposits are found in Canada’s Flin Flon, Bathurst, and Noranda camps, as well as the Iberian Pyrite Belt in Portugal and Spain, where some deposits exceed 100 million tonnes.

 

High-Grade Copper and Gold Found at North American Deposit

Last week, American Pacific Mining (USGD.c USGDF) reinforced the high mineralization potential of its Montana VMS Deposit, reporting high-grade copper and gold results from its Madison Project!

 

With highlights including 45.50% copper and 2.17 g/t gold, and 31.00% copper and 8.40 g/t gold, recent underground samples were taken from old mine workings using a channel sampling method for accuracy.

 

USGD CEO, Warwick Smith, noted that

Given these high copper values confirm the rich mineralization at Madison, USGD's ongoing regional sampling and structural mapping efforts are on track to refine future drilling and exploration efforts with A comprehensive geological program is underway and an updated 3D model and Phase II exploration plan expected in Q4 2024.

 

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.

 

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