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

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American Pacific Mining Corp > New Press Release - American Pacific Provides Update on Drill Programs at its Madison and Palmer Projects

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Post by PressRelease on Jul 30, 2024 7:01am

New Press Release - American Pacific Provides Update on Drill Programs at its Madison and Palmer Projects

Vancouver, British Columbia--(Newsfile Corp. - July 30, 2024) - American Pacific Mining Corp (CSE: USGD) (OTCQX: USGDF) (FSE: 1QC1) ("American Pacific" or "the Company") is pleased to provide a progress update for two drill programs occurring at its Madison Copper-Gold Project ("Madison") in...read article.

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Comment by SPACEDOC on Jul 30, 2024 7:38am

That should move this like putting lipstick on a pig. Note the last sentence. "The two programs are fully-funded with American Pacific having a strong balance sheet ($6.17M CAD, as of April 2024). " Well that will be gone with these minimal drilling programs and the cost of just running the company then comes more dilution rinse and repeat

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American Pacific Mining Corp