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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 31, 2024 4:21pm
47 Views
Post# 36291291

10.4m of 1.17% Cu, 12.17% Zn, 1.01g/t Au & 101.49g/t Ag

10.4m of 1.17% Cu, 12.17% Zn, 1.01g/t Au & 101.49g/t Ag

American Pacific Mining (USGD.c USGDF) Drills 10.4m of 1.17% Copper, 12.17% Zinc, 1.01g/t Gold and 101.49g/t Silver From Palmer Copper-Zinc VMS Project

 

Today, American Pacific Mining (USGD.c USGDF) announced assay results from seven drill holes of its 16-hole program at the Palmer Copper-Zinc VMS Project in Southeast Alaska.

 

Key findings include high-grade mineralization at the South Wall Zone 1 and RW Zone, with notable results such as:

  • Hole CMR24-194: 16.4 m grading 0.8% Cu, 8.4% Zn, 0.6% Pb, 0.72 g/t Au, 77.5 g/t Ag (5.1% CuEq).
  • Including 10.4 m of 1.17% Cu, 12.17% Zn, 1.01 g/t Au and 101.49 g/t Ag (7.3% CuEq)
  • Hole CMR24-193: 3.5 m of 0.1% Cu, 1.7% Zn, 0.6% Pb, 0.86 g/t Au and 92.4 g/t Ag (1.9% CuEq)
  • Hole CMR24-192: 2.9 m grading 3.5% Cu, 0.68% Zn, 0.3 g/t Ag (3.8% CuEq).

 

Designed to continue infill drilling and testing the extents of the high-grade copper-zinc zones in Zone 1 and Zone 2-3, the program covered over 6,000m in 19 drill holes including 3 that were recollared.

 

Some exploration drilling targeted the North Wall, believed to be an offset of the South Wall mineralization. The results highlight continuous high-grade zones, aiding in defining mineralization ahead of an updated Mineral Resource Estimate and Technical Report.

 

USGD's VP Advanced Projects, Peter Mercer, commented:

"This year's drill program was successful in following up on last year's high-grade results, while better defining the known mineralization on the property, ahead of the updated Mineral Resource Estimate and Technical Report budgeted to begin this year,"

"The Palmer Project is located within a prolific mineral belt in Southeast Alaska. This mineral terrane extends hundreds of kilometres north and south of Palmer, hosting several historic and current mining operations. The Palmer and AG deposits are just two of the mineralized areas defined and drill tested to date, on the property that has district-scale potential."

 

Full News Release: https://americanpacificmining.com/news-releases-2024/american-pacific-drills-10-4-metres-from-zone-1-palmer-copper-zinc-vms-project/

 

Posted on Behalf of American Pacific Mining Corp.

 

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