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Bullboard - Stock Discussion Forum 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... see more

CSE:USGD - Post Discussion

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Post by garland on Mar 02, 2022 8:19pm

Lex Corp

First of all, unfortunately, I have a vested interest in this company.  I own some stock.  Taken directly from the News Release, I am going to comment on the gold results only.



GBC - 21-04, 21-05, GB 01, 03, 04, 05, 08,  - no significant values

GB 02 - .76 m of .14 g/t
GB 06 0- 4.6m of .34 g/t 
GB 07 6.9 m of .91 g/t 
GB-10 6.9m of .65 g/t 
 
C-21-1  3.1 m of .004 g/t 
C-21-2   3.4m of 1.23 g/t   1.9m of .62 g/t
C-21-3   .61m of .81 g/t 

The only hole of consequence reported 17.5 m of .94 g/t

WHERE IS THE GOLD?  THESE ARE EXTREMELY LOW NUMBERS, TOTALLY UNECONOMIC, PLEASE CORRECT ME IF I AM WRONG.
WHERE IS THE GOLD IN THE NEWLY DISCOVERED TWIN VEIN?
 
      SILVER VALUES IN OZS PER TONNE ARE TOO LOW TO COMMENT ON.
Comment by LexCorpNews on Mar 02, 2022 11:36pm
Then you should sell your position? This is only a phase 1 drill program at Gooseberry- I guess some folks here are expecting a home run on the first drill program. Doesn't always work that way. Need to wait for the phase 2 program which should tell investors if Gooseberry could be another Comstock Lode or dud. I'm more interested in Tuscarora. Speculating is the name of the game. I don ...more  
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