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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 Nov 07, 2024 5:22pm
39 Views
Post# 36302012

Final Assay Results From 16 Hole Palmer Drill Program

Final Assay Results From 16 Hole Palmer Drill Program 18.0 Metres of 1.5% Copper and 5.4% Zinc (4.4% CuEq) Reported from American Pacific Mining's (USGD.c USGDF) Palmer Copper-Zinc VMS Project in Southeast Alaska
 
Yesterday, American Pacific Mining (USGD.c USGDF) reported the final assay results from the 16-hole drill program at the Palmer Copper-Zinc VMS Project in Southeast Alaska which designed to continue testing the extent of high-grade copper mineralization.
 
2024 Drilling Program Goals
  • Testing high-grade copper mineralization in the South Wall Zone 1 and Zone 2-3.
  • Initial exploration in the North Wall Alteration Zone.
 
Key Assay Results
  • 18.0 m at 1.5% Cu, 5.4% Zn, 0.40 g/t Au, 59.1 g/t Ag (4.4% CuEq), including 6.6 m at 3.6% Cu, 7.7% Zn, 0.56 g/t Au, 65.4 g/t Ag (7.4% CuEq).
  • 7.2 m at 0.3% Cu, 3.0% Zn, 0.20 g/t Au, 32.7 g/t Ag (1.8% CuEq), including 2.1 m at 2.8% Cu, 13.2% Zn, 0.27 g/t Au, 67.9 g/t Ag (8.8% CuEq).
  • 4.8 m at 1.4% Cu, 9.9% Zn, 0.15 g/t Au, 34.9 g/t Ag (5.7% CuEq).
 
Highlighting that the results reinforce a high-grade copper core within the mineralized envelope and revealed higher-grade zinc intersections, Warwick Smith, USGD's CEO, commented:
"Following-up on last year's exceptional copper results from Zone 1, this year's infill drilling in Zone 2-3 also supports the presence of a higher-grade copper core within the larger mineralized envelope. We are also seeing higher grade zinc intersections in certain areas than are currently reported in the Mineral Resource Estimate, last updated in 2018,"
 
Going forward, USGD is remodeling the mineralization in line with local geology and is preparing to update the full mineral resource estimate and technical report for the property.
 
Full News Release: https://americanpacificmining.com/news-releases-2024/american-pacific-reports-18-0-metres-of-1-5-copper-and-5-4-zinc-from-zone-2-3-at-palmer-vms-project/
 
Posted on Behalf of American Pacific Mining Corp.

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