USGD Samples Up to 45.5% Copper & 8.4 g/t Gold With copper trading at approximately $4.28 per pound and gold reaching new highs near $2,688 per ounce this month, American Pacific Mining Corp. (CSE: USGD / OTCQX: USGDF / FWB: 1QC) is well-positioned to capitalize on these favorable market conditions.
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The company’s high-grade discoveries at its 100%-owned Madison Copper-Gold Project in Montana highlight the potential for further growth as both metals remain in strong demand across various industries
American Pacific recently announced impressive underground sampling results at the Madison Project, which benefits from historical mining activities.
This creates opportunities for both copper and gold development that were previously overlooked.
Four samples taken from old mine workings revealed significant copper and gold values:
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45.50% Cu and 2.17 g/t Au
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31.00% Cu and 8.40 g/t Au
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•23.30% Cu and 1.90 g/t Au
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3.19% Cu and 0.14 g/t Au
These results underscore the strength of mineralization at Madison. CEO Warwick Smith highlighted the project’s potential for continued high-grade discoveries beyond the previously mined areas.
USGD is advancing a comprehensive exploration program, including regional sampling and structural mapping, aimed at identifying new mineral targets.
With the copper and gold markets expected to remain robust, American Pacific is well-positioned to grow its resource base and further enhance shareholder value through strategic exploration and development.
Full news here: 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.